Marathon Oil Corporation MRO
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$MRO buy! Buy, buy,
MRO has many things going for it, dividend coming up, buybacks, beat EPS & Revenue,
Analysts buy signals, also saw this on seeking alpha website:
Long MRO hopefully see $100 soon.
$MRO thanks for the dip @ $20.50
Hoping OPEC says FU and lowers production to drive prices higher. I still see $100 oil.
MRO every time there is a virus threat somewhere in the world (South Africa now), the market will tank, except companies like DHR. Fear of shutdown economies are now a permanent affect on the market. OIL is still a great play, but for me, not a long hold until oil settles back near 65/ barrel. Buy the dips for short term plays. Imho.
MRO this administration would love to see $100 oil. All in their attempt to push people to EV’s. Thats just not going to happen. Hybrids maybe, alternative fuels (hydrogen, etc) no likely…..no, OIL is here to stay. Until we see huge amounts of nuclear plants being built, or a massive grid development project to get UV and wind even close to supporting industry, OIL is the only play. Cheap, still massive stores of it, and demand returning. Big oil will win the day for decades to come.
Remember, $100+ oil by spring. Some are betting $200, (I think thats absurd)….only way oil drops is of OPEC floods market…they love $85 oil.
Remember, anything dems touch usually backfires and causes those companies they target to skyrocket. Scream gun control, gun manufacturers skyrocket on record sales…..same thing here with oil….oil isnt going anywhere but up. Oil is and will remain the go to fuel for the world for at least 30-50 years. You have some investors betting on $200/ barrel oil! I think $100 oil is a certainty.
