Marathon Oil (MRO) Lowers Capex Budget 20% YoY
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Marathon Oil (MRO) Buy Rating Maintained at Credit Suisse
December 18, 2014 11:04 AM ESTCredit Suisse maintained an Outperform rating on Marathon Oil (NYSE: MRO) with a price target of $40. Yesterday it reported an update on its 2015 capex budget.
Analyst Edward Westlake said, "MRO will still deliver high single digit proforma growth in 2015 with 20% less capex. Note this pace of... More
