- Even after its strong rally, Marathon Oil is going to return more than 10% of its market cap to shareholders via repurchases and dividends.
- Marathon Oil is not ''more of the same'' E&P stock. I discuss what sets Marathon Oil apart from its peers.
- I estimate that Marathon Oil is now priced at just under 4x free cash flow.
- I lay out my estimates for Marathon Oil returning approximately $2.5 billion to shareholders.
- As always, happy to discuss my thesis further in the comments section.
For further details see:
Marathon Oil: Shareholder Distribution Could Reach +10%