Marathon Oil Corp (NYSE:MRO)
CAPS Rating:
Engaged in worldwide exploration, production and marketing of crude oil and natural gas; domestic refining, marketing and transportation of crude oil and petroleum products.
Engaged in worldwide exploration, production and marketing of crude oil and natural gas; domestic refining, marketing and transportation of crude oil and petroleum products.
Recs
Marathon's Eagle Ford holdings are impressive, with production doubling over the last quarter on higher-than-expected density. With a 40-year well rate life, Marathon is sitting on an estimated 1 billion boe in Eagle Ford alone, with a peak rate of 50,000 BOE (barrel of oil equivalent) per day.