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Marathon Oil Corp
NYSE:MRO

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Marathon Oil Corp Logo
Marathon Oil Corp
NYSE:MRO
Watchlist
Price: 27.77 USD 0.11% Market Closed
Updated: Apr 27, 2024

Wall Street
Price Targets

MRO Price Targets Summary
Marathon Oil Corp

Wall Street analysts forecast MRO stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for MRO is 34.08 USD with a low forecast of 27.27 USD and a high forecast of 47.25 USD.

Lowest
Price Target
27.27 USD
2% Downside
Average
Price Target
34.08 USD
23% Upside
Highest
Price Target
47.25 USD
70% Upside

MRO Last Price Targets
Marathon Oil Corp

The latest public price target was made on Apr 17, 2024 by Roger Read from Wells Fargo , who expects MRO stock to rise by 40% over the next 12 months. You can read more about this price target by viewing the article on TheFly.

Analyst Price Target Date Article
Roger Read
Wells Fargo
39 USD
Upside 40%
1 week ago
Apr 17, 2024
Marathon Oil price target raised to $39 from $36 at Wells Fargo
TheFly
Nitin Kumar
Mizuho Securities
31 USD
Upside 12%
1 month ago
Mar 21, 2024
Marathon Oil (MRO) PT Raised to $31 at Mizuho
StreetInsider
Bill Selesky
Argus Research
31 USD
Upside 12%
1 month ago
Mar 14, 2024
Argus Upgrades Marathon Oil (MRO) to Buy, 'attractive valuation metrics'
StreetInsider
Neil Mehta
Goldman Sachs
25 USD
Downside 10%
9 months ago
Jul 12, 2023
Goldman Sachs Upgrades Marathon Oil, Sees It Positioned for Strong Free Cash Flow Growth and Returns to Shareholders
Benzinga
Roger Read
Wells Fargo
Price Target 39 USD
Upside/Downside 40%
View Source
Nitin Kumar
Mizuho Securities
Price Target 31 USD
Upside/Downside 12%
View Source
Bill Selesky
Argus Research
Price Target 31 USD
Upside/Downside 12%
View Source
Neil Mehta
Goldman Sachs
Price Target 25 USD
Upside/Downside 10%
View Source
Marathon Oil Corp Competitors:
Price Targets
MEG
MEG Energy Corp
1% Upside
STR
Sitio Royalties Corp
25% Upside
EPM
Evolution Petroleum Corp
54% Upside
PSK
Prairiesky Royalty Ltd
0% Upside
PRQ
Petrus Resources Ltd
34% Upside
SD
SandRidge Energy Inc
4% Downside
CRD
Conrad Asia Energy Ltd
113% Upside
PRIO3
Petro Rio SA
28% Upside

Revenue
Forecast

Revenue Estimate
Marathon Oil Corp

For the last 8 years the compound annual growth rate for Marathon Oil Corp's revenue is 4%. The projected CAGR for the next 3 years is 1%.

4%
Past Growth
1%
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Marathon Oil Corp

The compound annual growth rate of Marathon Oil Corp's operating income for the next 3 years is -3%.

N/A
Past Growth
-3%
Estimated Growth
Estimates Accuracy
9%
Average Beat

Net Income
Forecast

Net Income Estimate
Marathon Oil Corp

The compound annual growth rate of Marathon Oil Corp's net income for the next 3 years is 3%.

N/A
Past Growth
3%
Estimated Growth
Estimates Accuracy
98%
Average Beat

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is MRO's stock price target?
Price Target
34.08 USD

According to Wall Street analysts, the average 1-year price target for MRO is 34.08 USD with a low forecast of 27.27 USD and a high forecast of 47.25 USD.

What is Marathon Oil Corp's Revenue forecast?
Projected CAGR
1%

For the last 8 years the compound annual growth rate for Marathon Oil Corp's revenue is 4%. The projected CAGR for the next 3 years is 1%.

What is Marathon Oil Corp's Operating Income forecast?
Projected CAGR
-3%

The compound annual growth rate of Marathon Oil Corp's operating income for the next 3 years is -3%.

What is Marathon Oil Corp's Net Income forecast?
Projected CAGR
3%

The compound annual growth rate of Marathon Oil Corp's net income for the next 3 years is 3%.