- Marathon Oil Corporation has an impressive portfolio of assets and the ability to drive strong returns at current share prices.
- The company is currently a free cash flow machine at current prices, generating a double-digit cash flow yield that its been using to pay down debt.
- We expect the company to aggressively pay down its long-term debt. It'll soon hit a limit to how much debt it can paydown.
- That'll save the company on interest expenditures and enable it to redirect to share repurchases. That'll generate double-digit shareholder rewards.
For further details see:
Marathon Oil Has The Ability To Drive Strong Shareholder Returns