MUR - Potential Biden presidency prompts raft of energy rating changes at JPM July, 23 2020 12:46 PM Murphy Oil Corporation J.P. Morgan upgrades Apache (APA +1.2%) and Marathon Oil (MRO +1%) to Overweight from Neutral while downgrading Devon Energy (DVN +1.1%), EOG Resources (EOG -0.6%) and Matador Resources (MTDR -3.5%) to Neutral, saying investors should be wary of companies that depend more heavily on drilling on federal land in the event of a Biden presidency.More news on: Apache Corporation, Marathon Oil Corporation, Devon Energy Corporation, Energy stocks news, Stocks on the move, Read more ...