20 Jul

Marathon Oil: Pre-Earnings Wall Street Ratings

WRITTEN BY Nicholas Chapman

Analyst recommendations for Marathon Oil

As of July 19, Reuters reported that 26 analysts are covering Marathon Oil (MRO) stock. About 19% of them have given MRO a “strong buy,” and 42% have rated it a “buy.” About 39% of the analysts have recommended a “hold.” There are no “sell” or “strong sell” recommendations for the stock.

Marathon Oil: Pre-Earnings Wall Street Ratings

MRO’s median target price

The median target price on Marathon Oil stock is $23.50, which is ~14% higher than its July 19 closing price of $20.54. The highest target price for MRO is $29, and the lowest target price is $9.

In the last three months, Marathon Oil’s median target price has increased from $21 to $23.50.

Other oil and gas producers

Based on the median price targets from Wall Street analysts, oil and gas companies Range Resources (RRC) and Consol Energy (CNX) have potential upsides of 30% and 22%, respectively, from their July 19 closing prices. Encana (ECA) has a potential upside of 32%.

Latest articles

Tortoise Capital Advisors bought 9.5 million Kinder Morgan shares in Q3. That was the biggest addition among the company’s top 10 institutional investors.

Although near-term weakness exists in the cannabis stocks, we expect Cannabis 2.0 products or cannabis-derived products could act as a catalyst.

The US, Saudi Arabia, and Russia are the world’s top three crude oil producers. Let’s take a look at the world’s top oil players by production volumes.

Tesla’s Model Y is gearing up to enter the EV market next summer. Ford heated up this space with its announcement of the Mustang Mach-E launch in late 2020.

Yesterday, Comcast (CMCSA) rose 0.5% and closed at $44.81, with a market capitalization of $203.9 billion. But can you expect a further rise?

Advanced Micro Devices (AMD) is one of the best-performing semiconductor stocks of 2019, beating 100% year-to-date growth.