Wall Street analyst ratings for Marathon Oil
Currently, ~17% of Wall Street analysts rate Marathon Oil (MRO) as a “strong buy,” ~17% of analysts rate it as a “buy,” ~63% of analysts rate it as a “hold,” and only ~3% of analysts rate it as a “sell.” There is no “strong sell” rating for the stock.
The median target price from these recommendations is $18.00, which is ~1% lower than the December 14, 2016, closing price of $18.20.
Other upstream players
Based on the median price targets of recommendations from Wall Street analysts, upstream companies SM Energy (SM), ConocoPhillips (COP), and QEP Resources (QEP) have potential upsides of ~31%, ~7%, and ~27%, respectively, from their December 14, 2016, closing prices.
The SPDR S&P Oil and Gas Exploration & Production ETF (XOP) generally invests at least 80% of its total assets in oil and gas exploration companies.