U.S. shale oil producers cannot shake impulse to keep pumping

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Marathon Oil (MRO) PT Raised to $23 at KLR Group

August 7, 2017 1:46 PM EDT

KLR Group raised its price target on Marathon Oil (NYSE: MRO) to $23.00 (from $21.00) while maintaining a Buy rating. Marathon has increased Delaware Basin activity to three rigs and plans to complete 15-20 operated Delaware Basin wells in 2H/17. Approximately half of the companys... More