Marathon Oil Corporation – Consensus Indicates Potential 9.6% Upside

Broker Ratings
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Marathon Oil Corporation with ticker code (MRO) now have 22 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 42 and 26 calculating the average target price we see 32.63. Now with the previous closing price of 29.76 this would indicate that there is a potential upside of 9.6%. The 50 day moving average now sits at 26.73 while the 200 day moving average is 24.86. The market cap for the company is $21,290m. Visit the company website at: https://www.marathonoil.com

The potential market cap would be $23,343m based on the market concensus.

Marathon Oil Corporation operates as an independent exploration and production company in the United States and internationally. The company engages in the exploration, production, and marketing of crude oil and condensate, natural gas liquids, and natural gas; and the production and marketing of products manufactured from natural gas, such as liquefied natural gas and methanol. It also owns and operates 32 central gathering and treating facilities; and the Sugarloaf gathering system, a 42-mile natural gas pipeline through Karnes and Atascosa Counties. The company was formerly known as USX Corporation and changed its name to Marathon Oil Corporation in December 2001. Marathon Oil Corporation was founded in 1887 and is headquartered in Houston, Texas.

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