Marathon Oil Corporation Share Price Target ‘$34.00’, now 21.9% Upside Potential

Broker Ratings
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Marathon Oil Corporation with ticker code (MRO) have now 18 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $45.00 and $28.00 calculating the average target share price we see $34.00. (at the time of writing). Given that the stocks previous close was at $27.89 this is indicating there is a potential upside of 21.9%. The 50 day moving average now sits at $27.62 and the 200 moving average now moves to $25.81. The market cap for the company is 15.64B. The current share price for the company is: $27.96 USD

The potential market cap would be $19,072,038,772 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 11.55, revenue per share of $10.79 and a 6.15% return on assets.

Marathon Oil Corporation is an exploration and production company. The Company is focused on the United States resource plays, which includes the Eagle Ford in Texas, the Bakken in North Dakota, Sooner Trend Anadarko Basin Canadian and Kingfisher Counties (STACK) and South-Central Oklahoma Oil Province (SCOOP) in Oklahoma and Permian in New Mexico and Texas. The Company operates through two segments: United States and International. The United States segment explores, produces and markets crude oil and condensate, natural gas liquids (NGLs) and natural gas in the United States. The International segment explores, produces and markets crude oil and condensate, NGLs and natural gas outside of the United States, as well as produces and markets products manufactured from natural gas, such as liquefied natural gas (LNG) and methanol, in Equatorial Guinea (E.G.). Its subsidiaries include Alba Associates LLC, Alba Equatorial Guinea Partnership, L.P., Alba Plant LLC and AMPCO Marketing, L.L.C.

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