Marathon Oil Corporation found using ticker (MRO) have now 26 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 20 and 12 with the average target price sitting at 16.31. With the stocks previous close at 11.19 this now indicates there is a potential upside of 45.8%. The 50 day MA is 11.62 while the 200 day moving average is 11.89. The market capitalisation for the company is $8,948m. You can visit the company’s website by visiting: http://www.marathonoil.com
Marathon Oil Corporation operates as an independent exploration and production company in the United States and Equatorial Guinea. 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, as well as 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. As of December 31, 2020, it had estimated proved developed reserves totaling 674 million barrels of oil equivalent (mmboe); and estimated proved undeveloped reserves totaling 298 mmboe. The company was formerly known as USX Corporation and changed its name to Marathon Oil Corporation in July 2001. Marathon Oil Corporation was founded in 1887 and is headquartered in Houston, Texas.
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