Marathon Oil Corporation(MRO Quote) engages in the exploration, refining and transportation of crude oil and petroleum products worldwide and has been rated a buy since June 2005. The company's aggressive capital investment plans and new discoveries, together with a positive industry environment, should help support its growth going forward. Prices for oil and gas are currently well above their historical averages, and this should help the company maintain profitable growth. The strong commodity pricing environment could continue in the near future because of a tight supply-and-demand situation. Refining margins are also at a comparatively high level because of limited refining capacity.
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
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Oil *
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UP
20.03
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DOWN
0.06
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DOWN
2.98
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DOWN
0.04
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10 Yr
3.48%
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