Siebert Williams (NYSE:WMB) Shank & Co analyst Gabriele Sorbara maintained a Hold rating on Marathon Oil Corp (NYSE:MRO). on Thursday, setting a price target of $7, which is approximately 27.50% above the present share price of $5.49.
Sorbara expects Marathon Oil Corp. to post earnings per share (EPS) of -$0.95 for the third quarter of 2020.
The current consensus among 15 TipRanks analysts is for a Hold rating of shares in Marathon Oil, with an average price target of $7.
The analysts price targets range from a high of $9 to a low of $5.5.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $420 million and a net profit of -$549 million. The company's market cap is $4.33 billion.
According to TipRanks.com, Siebert Williams Shank & Co analyst Gabriele Sorbara is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -21.1% and a 25.75% success rate.
Marathon Oil Corp. engages in the exploration, production, and marketing of liquid hydrocarbons and natural gas. It operates through the following two segments: United States (U. S.) and International. The U. S. segment engages in oil and gas exploration, development and production activities in the U.S. The International segment engages in oil and gas development and production across international locations primarily in Equatorial Guinea and the United Kingdom. The company was founded in 1887 and is headquartered in Houston, TX.