Marathon Oil Announces 2023 Capital Budget and Reports Fourth Quarter and Full Year 2022 Results

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Benchmark Upgrades Marathon Oil (MRO) to Buy,. 'Potent Buyback Potential'

February 16, 2023 6:15 AM EST

Benchmark analyst Subash Chandra upgraded Marathon Oil (NYSE: MRO) from Hold to Buy with a price target of $32.00.

The analyst comments "Reserve growth of 21% exceeded our forecast. While we dont know the line items, we suspect every category contributed. For instance,... More