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Marathon Oil Corporation (NYSE:MRO) has been downgraded to Sell in a statement by Seaport Global Securities earlier today.

Seaport Global Securities has downgraded Marathon Oil Corporation (NYSE:MRO) to Sell in a statement released on 6/21/2017.

Having a price of $12.06, Marathon Oil Corporation (NYSE:MRO) traded 0.59% higher on the day. With the last stock price down -10.39% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.04% over the same period. MRO has recorded a 50-day average of $11.60 and a two hundred day average of $13.39. Trade Volume was down over the average, with 11,335,041 shares of MRO changing hands under the typical 14,627,800

Recent Performance Chart

Marathon Oil Corporation (NYSE:MRO)

Marathon Oil Corporation has with a one year low of $10.55 and a one year high of $19.28 and has a market capitalization of $0.

A total of 24 brokerages have released a report on Marathon Oil Corporation. Three brokerages rating the company a strong buy, eight brokerages rating the company a buy, fourteen brokerages rating the company a hold, one brokerage rating the company a underperform, and finally one brokerage rating the company a sell with a 12-month price target of $17.52.

General Company Details For Marathon Oil Corporation (NYSE:MRO)

Marathon Oil Corporation is an exploration and production (E&P) company. The Company operates through three segments: North America E&P, International E&P and Oil Sands Mining. The North America E&P segment explores for, produces and markets crude oil and condensate, natural gas liquids (NGLs) and natural gas in North America. The International E&P segment explores for, produces and markets crude oil and condensate, NGLs and natural gas outside of North America, and produces and markets products manufactured from natural gas, such as liquefied natural gas (LNG) and methanol, in Equatorial Guinea (E.G.). The Oil Sands Mining segment mines, extracts and transports bitumen from oil sands deposits in Alberta, Canada, and upgrades the bitumen to produce and market synthetic crude oil and vacuum gas oil.

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