Marathon Oil Corp
NYSE:MRO

Watchlist Manager
Marathon Oil Corp Logo
Marathon Oil Corp
NYSE:MRO
Watchlist
Price: 28.59 USD -0.9% Market Closed
Market Cap: 16B USD
Have any thoughts about
Marathon Oil Corp?
Write Note

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 32.29 USD with a low forecast of 27.27 USD and a high forecast of 44.1 USD.

Lowest
Price Target
27.27 USD
5% Downside
Average
Price Target
32.29 USD
13% Upside
Highest
Price Target
44.1 USD
54% Upside

MRO Last Price Targets
Marathon Oil Corp

The latest public price target was made on Oct 15, 2024 by Scott Hanold from RBC Capital , who expects MRO stock to rise by 19% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Scott Hanold
RBC Capital
34 USD
Upside 19%
1 month ago
Oct 15, 2024
RBC Capital Reiterates Outperform Rating on Marathon Oil (MRO)
StreetInsider
Neal Dingmann
Truist Financial
27 USD
Downside 6%
1 month ago
Sep 30, 2024
Marathon Oil price target lowered to $27 from $35 at Truist
TheFly
Biju Perincheril
Susquehanna
37 USD
Upside 29%
2 months ago
Sep 4, 2024
Marathon Oil price target lowered to $37 from $39 at Susquehanna
TheFly
Mark Lear
Piper Sandler
37 USD
Upside 29%
3 months ago
Aug 15, 2024
Marathon Oil price target raised to $37 from $34 at Piper Sandler
TheFly
Nitin Kumar
Mizuho Securities
34 USD
Upside 19%
5 months ago
Jun 5, 2024
Marathon Oil (MRO) PT Raised to $34 at Mizuho
StreetInsider
Scott Hanold
RBC Capital
33 USD
Upside 15%
5 months ago
Jun 3, 2024
RBC Capital Reiterates Outperform Rating on Marathon Oil (MRO)
StreetInsider
Nitin Kumar
Mizuho Securities
33 USD
Upside 15%
6 months ago
May 13, 2024
Marathon Oil price target raised to $33 from $31 at Mizuho
TheFly
Roger Read
Wells Fargo
39 USD
Upside 36%
7 months ago
Apr 17, 2024
Marathon Oil price target raised to $39 from $36 at Wells Fargo
TheFly
Nitin Kumar
Mizuho Securities
31 USD
Upside 8%
7 months ago
Mar 21, 2024
Marathon Oil (MRO) PT Raised to $31 at Mizuho
StreetInsider
Bill Selesky
Argus Research
31 USD
Upside 8%
8 months ago
Mar 14, 2024
Argus Upgrades Marathon Oil (MRO) to Buy, 'attractive valuation metrics'
StreetInsider
Neil Mehta
Goldman Sachs
25 USD
Downside 13%
1 year ago
Jul 12, 2023
Goldman Sachs Upgrades Marathon Oil, Sees It Positioned for Strong Free Cash Flow Growth and Returns to Shareholders
Benzinga
Show More Price Targets
Show Less Price Targets
Scott Hanold
RBC Capital
Price Target 34 USD
Upside/Downside 19%
View Source
Neal Dingmann
Truist Financial
Price Target 27 USD
Upside/Downside 6%
View Source
Biju Perincheril
Susquehanna
Price Target 37 USD
Upside/Downside 29%
View Source
Mark Lear
Piper Sandler
Price Target 37 USD
Upside/Downside 29%
View Source
Nitin Kumar
Mizuho Securities
Price Target 34 USD
Upside/Downside 19%
View Source
Scott Hanold
RBC Capital
Price Target 33 USD
Upside/Downside 15%
View Source
Nitin Kumar
Mizuho Securities
Price Target 33 USD
Upside/Downside 15%
View Source
Roger Read
Wells Fargo
Price Target 39 USD
Upside/Downside 36%
View Source
Nitin Kumar
Mizuho Securities
Price Target 31 USD
Upside/Downside 8%
View Source
Bill Selesky
Argus Research
Price Target 31 USD
Upside/Downside 8%
View Source
Neil Mehta
Goldman Sachs
Price Target 25 USD
Upside/Downside 13%
View Source
Show More Price Targets
Show Less Price Targets
Marathon Oil Corp Competitors:
Price Targets
PXT
Parex Resources Inc
49% Upside
CHRD
Chord Energy Corp
46% Upside
FRU
Freehold Royalties Ltd
27% Upside
T13
Rh Petrogas Ltd
53% Upside
PSK
Prairiesky Royalty Ltd
5% Upside
VET
Vermilion Energy Inc
34% Upside
MGY
Magnolia Oil & Gas Corp
4% Upside
MTDR
Matador Resources Co
34% 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 -4%.

N/A
Past Growth
-4%
Estimated Growth
Estimates Accuracy
N/A
Average

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
32.29 USD

According to Wall Street analysts, the average 1-year price target for MRO is 32.29 USD with a low forecast of 27.27 USD and a high forecast of 44.1 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
-4%

The compound annual growth rate of Marathon Oil Corp's net income for the next 3 years is -4%.

Back to Top