Marathon Oil Corporation MRO shares are trading higher by 3.6% at $13 after BofA Securities analyst Doug Leggate upgrades from Underperform to Neutral.
Marathon is an independent exploration and production company primarily focusing on unconventional resources in the United States. At the end of 2020, the company reported net proved reserves of 972 million barrels of oil equivalent.
Net production for Marathon Oil averaged 383 thousand barrels of oil equivalent per day in 2020 at a ratio of 67% oil and NGLs and 33% natural gas.
Marathon Oil's stock has a 52-week high of $14.16 and a 52-week low of $3.73.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
