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Marathon Oil Corporation (NYSE:MRO) has been upgraded to Equal Weight in a report by Morgan Stanley today.

Morgan Stanley has upgraded Marathon Oil Corporation (NYSE:MRO) to Equal Weight in a report released on Wednesday June 21, 2017.

Yesterday Marathon Oil Corporation (NYSE:MRO) traded 0.59% higher at $12.06. The company’s 50-day moving average is $11.60 and its 200-day moving average is $13.39. The last stock close price is down -10.39% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 11,335,041 shares of MRO traded, down from an avg. volume of 14,627,800

Performance Chart

Marathon Oil Corporation (NYSE:MRO)

With a total market value of $0, Marathon Oil Corporation has with a one year low of $10.55 and a one year high of $19.28 .

A total of 24 firms have reported on the company. 3 brokerages rating the stock a strong buy, 8 brokers rating the stock a buy, 14 analysts rating the company a hold, one analyst rating the stock a underperform, and finally 1 brokerage rating the stock a sell with a average stock price target of $17.52.

More About 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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