NEW YORK (TheStreet) -- Shares of Marathon Oil (MRO) - Get Report are climbing by 3.93% to $9.53 in mid-morning trading on Friday, as the rally in the price of oil drives some energy and related stocks into the green today.

The commodity is soaring today as investors are hopeful that key oil producers could come together to work out a plan to cut production and alleviate market pressure, which is due to the continuing global oversupply of oil.

Crude oil (WTI) is up by 0.90% to $33.52 per barrel this morning and Brent crude is up by 1.92% to $35.54 per barrel.

Prices are getting a boost from comments made by Russia's energy minister, who suggested the country and the Organization of Petroleum Exporting Countries may discuss a 5% output cut at a February meeting, MarketWatch reports.

However, an OPEC official refuted the claim and analysts remain skeptical about the likelihood of any such deal.

Separately, TheStreet Ratings has set a "sell" rating and score of D+ on Marathon Oil stock. This is driven by some concerns, which TheStreet Ratings believes should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks it covers.

The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, weak operating cash flow, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share.

TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author. 

You can view the full analysis from the report here: MRO

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