Form 425 MARATHON OIL CORP Filed by: MARATHON OIL CORP

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RBC Capital Reiterates Outperform Rating on Marathon Oil (MRO)

June 3, 2024 6:38 AM EDT

RBC Capital analyst Scott Hanold reiterated an Outperform rating and $33.00 price target on Marathon Oil (NYSE: MRO).

The analyst comments "Following ConocoPhillips (COP) announced acquisition of MRO, we received several inbound investor questions regarding the Equatorial Guinea (E.G.) ownership. MRO has part... More

Citi Downgrades Marathon Oil (MRO) to Neutral

June 3, 2024 4:59 AM EDT

Citi analyst Scott Gruber downgraded Marathon Oil (NYSE: MRO) from Buy to Neutral with a price target of $29.00 (from $32.00).

The analyst comments "We downgrade MRO to Neutral after the announcement of the companys acquisition by ConocoPhillips (COP) (covered by Alastair... More