RY 133.62 0.2325% TD 80.66 0.3608% SHOP 96.69 -2.3432% CNR 170.96 1.5503% ENB 49.46 1.228% CP 112.45 0.196% BMO 126.9 -0.2672% TRI 208.55 -0.2583% CNQ 106.0 0.5406% BN 54.95 -1.0267% ATD 77.31 -0.3609% CSU 3649.3 -1.2892% BNS 63.12 -1.5596% CM 64.92 -0.3683% SU 54.025 0.4369% TRP 49.43 0.5288% NGT 59.66 12.8428% WCN 226.31 -0.593% MFC 31.94 -0.6532% BCE 44.92 -0.817%

blue-chip

One NYSE– Listed Oil Stock at Resistance Levels: Marathon Oil Corporation

Mar 18, 2024 | Team Kalkine
One NYSE– Listed Oil Stock at Resistance Levels: Marathon Oil Corporation

MRO:NYSE
Investment Type
Large-cap
Risk Level
Action
Rec. Price (US$)

Marathon Oil Corporation

Company Overview: Marathon Oil Corporation (NYSE: MRO) is an independent exploration and production company. The Company is focused on the United States resource plays, which include Eagle Ford in Texas, Bakken in North Dakota, Sooner Trend Anadarko Basin Canadian and Kingfisher Counties (STACK) and South-Central Oklahoma Oil Province (SCOOP) in Oklahoma and Permian in New Mexico and Texas. The Company operates through two segments: United States and International.

As per our previous US Earning Hunter report published on ‘MRO’ on 12th January 2024, Kalkine provided an ‘Attractive’ stance on the stock at USD 23.26 based on “Earning Hunter ratings, and other fundamentals and the stock price has now moved by ~14.01% since then and the price has achieved resistance 1 while close to resistance 2 levels.

Noted below are the details of support and resistance levels provided in our previous report:

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