Marathon Oil Announces $700 Million Northern Delaware Acquisition
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KLR Group Reiterates Buy on Marathon Oil (MRO) Following Delaware Basin Acquisition
March 23, 2017 10:20 AM EDTKLR Group reiterated a Buy rating and $24.00 price target on Marathon Oil (NYSE: MRO) following the company's Delaware Basin acquisition. Production associated with the properties is ~400 Boepd. The bolt-on acquisition increases Marathons Northern Delaware Basin footprint to ~71,500 net acres.
Analyst John Gerdes... More
