Marathon Oil Corporation

NYSE: MRO
$27.77
+$0.03 (+0.1%)
Closing price April 26, 2024
Marathon Oil Corporation is a leading global energy company focused on the exploration and production of crude oil, natural gas liquids, and natural gas. With operations both in the United States and internationally, it plays a significant role in the energy sector. Beyond extracting and producing energy resources, Marathon Oil is involved in the creation of products like liquefied natural gas and methanol, derived from natural gas. The company, which has roots dating back to 1887 and is headquartered in Houston, Texas, also operates a natural gas pipeline known as the Sugarloaf gathering system.
Tuesday's top analyst upgrades and downgrades included Beyond Meat, BioNTech, Comcast, DraftKings, Expedia, Gap, Gilead Sciences, Hess, Lululemon Athletica, Newmont and Royal Gold.
It seems impossible to think that a commodity price could trade below zero. Particularly when you are talking about oil, which still powers most of the world’s transportation at this time. While...
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24/7 Wall St. wanted to look for independent oil and gas players that are hedged on their oil production at much higher prices for 2020 and some even out to 2021.
These five well-known, blue-chip companies that are likely to survive the current troubles and could very well offer patient investors some huge returns over the next year or so.
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24/7 Wall St. has tracked more than 35 analyst downgrades in the oil patch on Monday, after a Saudi-Russia price war on top of the coronavirus outbreak knocking demand for oil.
Oil and gas companies are taking the brunt of investor punishment Monday morning, with some stocks trading down 40% from their Friday closing price.
The energy sector dropped more than 4.5% Monday to continue its slide since the beginning of the year.
The impact of the spreading coronavirus has hit the energy sector particularly hard. Here are some of Monday's biggest losers.
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Merrill Lynch had been trying to remain firm in the energy sector, but it just lowered its energy sector exposure from its model income portfolio at the start of 2020.
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With the U.S. shale and production story slowing, and many energy companies now focused on free cash flow, what is the best move for investors who see value but remain cautious?