Information Provided By: 
Fly News Breaks for June 27, 2016
MRO
Jun 27, 2016 | 09:30 EDT
Wolfe Research upgraded Marathon Oil to Peer Perform citing improving FCF visibility and industry momentum in the STACK.
News For MRO From the Last 2 Days
MRO
Apr 19, 2024 | 07:28 EDT
MRO
Apr 17, 2024 | 07:05 EDT
Wells Fargo analyst Roger Read raised the firm's price target on Marathon Oil to $39 from $36 and keeps an Overweight rating on the shares. Based on robust operational momentum, the firm sees potential upside to FY24 U.S. onshore oil production estimate, translating to another year of higher-than-expected U.S. supply growth. Continued D&C efficiency improvements, incremental cost deflation, and a focus on high grading should combine to create positive momentum throughout 2024, Wells adds. Marathon remains the firm's top pick of oil-weighted E&Ps.
