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Marathon Oil Corp MRO

Marathon Oil Corporation is an independent exploration and production company. The Company is focused on the United States resource plays, which include Eagle Ford in Texas, Bakken in North Dakota, Sooner Trend Anadarko Basin Canadian and Kingfisher Counties (STACK) and South-Central Oklahoma Oil Province (SCOOP) in Oklahoma and Permian in New Mexico and Texas. The Company operates through two segments: United States and International. The United States segment explores for, produces and markets crude oil and condensate, natural gas liquids (NGLs) and natural gas in the United States. The International segment explores for, produces and markets crude oil and condensate, NGLs and natural gas outside of the United States as well as produces and markets products manufactured from natural gas, such as LNG and methanol, in Equatorial Guinea (E.G.). Its subsidiaries include Alba Associates LLC, Alba Equatorial Guinea Partnership, L.P., Alba Plant LLC and AMPCO Marketing, L.L.C.


NYSE:MRO - Post by User

Post by daytradingARKon Feb 02, 2022 12:29pm
138 Views
Post# 34389499

My thoughts on the future of oil/gas stocks

My thoughts on the future of oil/gas stocks
This is just based off common sense, and is my own personal opinion.
Start of COVID - Less oil/gas needed, stocks in this industry go down.
COVID rules begin to go away - More oil/gas needed, stocks in this industry go up, as they have for the past 6 months-year.
It’s really just common sense. Countries in Europe have begun removes all COVID restrictions, which will only help oil/gas stocks.
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