Marathon Oil Corporation: The Winning Streak Continues (MRO)

January 14, 2022 10:23:41

Shares of Marathon Oil Corporation (NYSE:MRO) traded at a new 52-week high today of $19.27. This new high was reached on below average trading volume as 3.3 million shares traded hands, while the average 30-day volume is approximately 16.7 million shares.

In the past 52 weeks, Marathon Oil Corporation share prices are bracketed by a low of $7.20 and a high of $19.27 and is now at $19.24, 167% above that low price.

Marathon Oil Corporation (NYSE:MRO) has potential upside of 3,432.5% based on a current price of $19.24 and analysts’ consensus price target of $679.66.

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 averaged 383 thousand barrels of oil equivalent per day in 2020 at a ratio of 67% oil and NGLs and 33% natural gas.

Receive IBN Spotlights – “Bite Size” Small, Mid and Large-Cap Technical Indicator Alerts

To stay connected with our complimentary IBN Spotlights, please visit https://IBN.fm/connected

About IBN (InvestorBrandNetwork)

IBN consists of 50+ trusted financial brands introduced to the investment public over the course of 15+ years. Through these brands, IBN provides (1) access to our Investor Press Release Wire Solutions via InvestorWire (IW) to reach all target markets, industries and demographics in the most effective manner possible; (2) article and Code Editorial Syndication to 5,000+ broadcast outlets; (3) enhanced press release solutions via IW to ensure maximum impact; (4) full-scale distribution to an enormous social media audience that includes millions of followers; and (5) a full array of corporate communications solutions focused on the IBN Podcast Series. With a proven track record serving 500+ client partners, IBN is the key to a more effective market communication campaign and the NEW normal.

For more information on IBN, please visit https://www.InvestorBrandNetwork.com

Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer