Newest Article on MRO's future:
https://www.msn.com/en-us/money/markets/like-oil-prices-marathon-oil-stock-is-going-nowhere-fast/ar-BB19aAyp?ocid=uxbndlbing
1 reply
Article seems way off. Says MRO has $3.5 billion in cash reserves, but that is approximately MRO’s total market cap.
Sobering to see how companies like Concho and Parsley have passed MRO. I do not understand why the board has not made a change in senior management. Approx. 80% decrease in market cap is a lot.
Not sure why anyone would invest with current management team when that is their track record. I am for sure no investing genius though.