Marathon Oil Reports Fourth Quarter and Full Year 2016 Results

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Marathon Oil (MRO) PT Raised to $26 at KLR Group Citing Growth Drivers

February 17, 2017 7:45 AM EST

KLR Group analyst John Gerdes reiterates Buy rating and raises price target on Marathon Oil Corp. (NYSE: MRO) to $26 (from $23), noting higher production from Libya, upside in US energy prices and international production declines as tailwinds for the company.

Gerdes comments, "We... More