Marathon Oil Corporation (MRO) could be a great long-term investment
What’s up with Marathon Oil Corporation?
Marathon Oil Corporation (MRO) opened at $5.89, which means the stock is down 10% from yesterday’s closing price of 6.12. Today, the company has a high of $6.02 and a low of $5.46. The company has a market cap of $4.35 billion with a 52-week high of $16.30 and a 52-week low of $3.02.
What about the future for Marathon Oil Corporation
The high forecast for Marathon Oil Corporation is 11.00 while the low is 3.00. Stock forecasts are based on human experience: Human traders based on their experience in terms of stock price patterns, volume changes, and market news/rumors regarding a particular stock. Marathon Oil Corporation has a strong forecast. A strong forecast is a result of strong earning reports as investors are willing to pay a higher share price today because of growth expectations in the future.. Based on this information MRO seems to be a safe buy.
About Marathon Oil Corporation
Marathon Oil Corp. engages in the exploration, production, and marketing of liquid hydrocarbons and natural gas. It operates through the following two segments: United States (U. S.) and International. The U. S. segment engages in oil and gas exploration, development and production activities in the U.S. The International segment engages in oil and gas development and production across international locations primarily in Equatorial Guinea and the United Kingdom. The company was founded in 1887 and is headquartered in Houston, TX.