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$48.89 -0.96 (-1.93%)
7/8/2008 4:01 PM

Marathon Oil Corp (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.

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Avatar Hcskeum (24.76) Submitted: 4/12/07 10:57 PM : Outperform Start Price: $50.36 MRO Score: 9.29

Not being sure what the government is going to do with the oil industry it's hard to prognosticate beyond a year or so. As long as we're still engaged in a war in a major oil producing region the uncertainty of oil will keep the prices high. All of this gets passed through to the consumer. It doesn't cost any more to produce gasoline at $29 than it does at $69 a barrel.

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