Marathon Oil Corporation (NYSE:MRO) target price lowered to $17.00, reported today by Barclays PLC
- Updated: October 16, 2016
Boasting a price of $14.58, Marathon Oil Corporation (NYSE:MRO) traded -2.44% lower on the day. With the last stock price close up 1.19% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Marathon Oil Corporation has recorded a 50-day average of $15.17 and a two hundred day average of $14.06. Volume of trade was down over the average, with 1,510,307 shares of MRO changing hands under the typical 17,095,200
Marathon Oil Corporation (NYSE:MRO) had its target price lowered to $17.00 by Barclays PLC in a report released Monday October 17, 2016. The new target price indicates a potential upside of 0.17% from the company's most recent stock price close.
With a total market value of $0, Marathon Oil Corporation has with a one year low of $6.52 and a one year high of $20.09 .
A total of 24 equity analysts have released a research note on MRO. Three equity analysts rating the company a strong buy, eight equity analysts rating the company a buy, fourteen equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally one equity analyst rating the company a sell with a one year target of $17.52.
Brief Synopsis About Marathon Oil Corporation (NYSE:MRO)
Marathon Oil Corporation is an exploration and production company with operations in North America, Europe and Africa. The Company operates through three segments: North America E&P (N.A. E&P), International E&P (Int'l E&P), and Oil Sands Mining (OSM). The N.A. E&P segment explores for, produces and markets crude oil and condensate, natural gas liquids (NGLs) and natural gas in North America. It is engaged in oil and gas exploration, development and production activities. The Int'l 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 Egypt. It is engaged in oil and gas exploration, development and production activities. The OSM 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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