Marathon Oil Eagle Ford and Bakken Earnings Outlook

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  • #19836
    ThePitBoss
    Participant

    Houston, Texas oil producer and shale exploration company…

    [article]1354[/article]

    #19847
    TradersCom
    Keymaster

    Just kept going this morning after open Marathon Oil Corporation #Valentines Surprise

    NYSE: $MRO $17.16 ▲ 1.61 (+10.35%)

    #19996
    ThePitBoss
    Participant

    Marathon Oil Corp. (NYSE: MRO) maintained as Buy but price target lowered to $22 from $25 at Argus.

    Monday (catching Up) sees Marathon with a positive view of its focus on short-cycle unconventional North American oil, natural gas and NGL production and noted MRO has divested $4 billion of noncore assets over the past two years.

    #20480
    ThePitBoss
    Participant

    Analysts at RBC Capital upgraded Marathon Oil Corporation from Sector Perform to Outperform and raised the price target from $22 to $23.

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