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Marathon Oil (MRO +2.3%) is upgraded to Overweight with a raised $35 price target (from $30) by...

Marathon Oil (MRO +2.3%) is upgraded to Overweight with a raised $35 price target (from $30) by J.P. Morgan, which believes improving results in the Eagle Ford and Bakken shale plays underpin a loftier near-term production growth outlook, and a potential sale of oil sands operations could unlock additional value. and an exploration program could spark share price catalysts.
Comments (2)
  • Four more years of Obamanomics scares me on any fossil fuel energy play. With no re-election to look forward to, what's to stop him on his anti-fossil fuel agenda?
    9 Nov 2012, 03:00 PM Reply Like
  • I am not defending our newly re-elected President but I think the problem lies with the coal industry. If he slows down domestic oil/nat gas production he is a bigger moron than I thought.
    9 Nov 2012, 04:56 PM Reply Like
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