5 Most Promising Energy Stocks According to Analysts

4. Marathon Oil Corporation (NYSE:MRO)

Average Analyst Price Target Upside: 35.16%

Average Analyst Price Target: $32.87

Marathon Oil Corporation (NYSE:MRO) is an independent exploration and production (E&P) company that has operations in the Eagle Ford in Texas, the Bakken in North Dakota, the STACK and SCOOP in Oklahoma, and the Permian in New Mexico.

Over the last three months, 15 Wall Street analysts covered Marathon Oil Corporation (NYSE:MRO), and 11 kept a Buy rating on the stock. The average price target of $32.87 had an upside of 35.16% as of the December 15 market close.

On November 28, Citi decreased the price target on Marathon Oil Corporation (NYSE:MRO)’s stock to $30 from $32.50 and maintained a Buy rating.

In the third quarter, Marathon Oil Corporation (NYSE:MRO) reported a non-GAAP EPS of $0.77, which surpassed the estimates by $0.08. The revenue of the quarter was $1.81 billion, which beat the estimates by $50 million.