Since Dec 31, 2014 until market close Nov 22, 2017, the stock price depreciation of MRO and 4 of its peers is as follows:
APA $62.33 to $41.54 - Down ~33%
APC $82.30 to $48.35 - Down ~41%
MRO $28.15 to $14.88 - Down ~47%
MUR $50.02 to $28.20 - Down ~44%
HES $73.82 to $43.45 - Down ~41%
What a surprise. MRO has underperformed them all.
Some hold MRO shares for the expectation of appreciation and our future retirement. When will our CEO retire to the racetrack so we can get some serious management here?