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I Doubled My Position In Marathon Oil

May 06, 2021 1:49 PM ETMarathon Oil Corporation (MRO)45 Comments
Leo Nelissen profile picture
Leo Nelissen


  • I believe that oil prices have the ability to extend their rally well above their prior 2018 peak based on supply/demand and the Federal Reserve's actions.
  • Marathon Oil is one of the best ways to play this oil uptrend as the company is extremely efficient and financially stable.
  • I believe that Marathon Oil will outperform its peers and generate up to 100% in capital gains from current prices.

Corn Field Drilling Rig Fracking
Photo by grandriver/E+ via Getty Images

In February of this year, I discussed one of my all-time favorite oil stocks on the market. Now, a few months later, I am updating that call. I will use this opportunity to give you my updated

Data by YCharts


I believe that Marathon Oil has the ability to rise to at least $20 and probably $25 if oil indeed hits $85 or higher.

This article was written by

Leo Nelissen profile picture
Welcome to my Seeking Alpha profile!I'm a buy-side financial markets analyst specializing in dividend opportunities, with a keen focus on major economic developments related to supply chains, infrastructure, and commodities. My articles provide insightful analysis and actionable investment ideas, with a particular emphasis on dividend growth opportunities. I aim to keep you informed of the latest macroeconomic trends and significant market developments through engaging content. Feel free to reach out to me via DMs or find me on Twitter (@Growth_Value_) for more insights.Thank you for visiting my profile!

Analyst’s Disclosure: I am/we are long MRO. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

This article serves the sole purpose of adding value to the research process. Always take care of your own risk management and asset allocation.

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