Seeking Alpha

Marathon Oil (MRO +2.9%) shares hit a 52-week high after Oppenheimer raises its target price to...

Marathon Oil (MRO +2.9%) shares hit a 52-week high after Oppenheimer raises its target price to $45 from $40 to reflect an improved outlook and attractive valuation. With an estimated free cash flow of $900M this year and $1.5B next year, the firm notes MRO is among a very few cash-flow-positive E&P companies; also, Eagle Ford volume should double this year, boosting MRO's production growth to 6%-8%.
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs