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The Houston TX based oil producer Marathon Oil (MRO) just released its first quarter earnings. The company is one of the oil stocks that I monitor on a frequent basis due to its solid balance sheet and strong domestic oil production portfolio. While Q1 sales were down, as analysts expected, the company was able to crush bottom line expectations thanks to efficient production which is more than likely going to last in the near future. All things considered, all we need now are higher oil prices.