Marathon Oil Corporation (NYSE:MRO) traded at a new 52-week high today of $14.27. This new high was reached on approximately average trading volume as 14.4 million shares traded hands, while the average 30-day volume is approximately 18.4 million shares.
Marathon Oil Corporation share prices have moved between a 52-week high of $14.27 and a 52-week low of $3.73 and are now trading 278% above that low price at $14.11 per share.
Potential upside of 5.1% exists for Marathon Oil Corporation, based on a current level of $14.11 and analysts' average consensus price target of $14.82.
Marathon is an independent exploration and production company primarily focusing on unconventional resources in the United States. At the end of 2020, the company reported net proved reserves of 972 million barrels of oil equivalent. Net production averaged 383 thousand barrels of oil equivalent per day in 2020 at a ratio of 67% oil and NGLs and 33% natural gas.
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