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Bullish Case: MRO exhibits strong capital allocation with buybacks, dividends, and potential M&A activity, supported by robust cash flows and favorable analyst outlook.


Bearish Case: Insider selling and recent short interest declines suggest limited upside potential; market ambiguity and shifting energy landscape pose threats.


Potential Outcomes: 45% chance MRO appreciates modestly, building on recent momentum; 30% chance stagnant, affected by market trepidation; 25% chance declines on bearish signs.


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April 11, 2024


Marathon Oil Forecast

MRO        Marathon Oil
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











Correlated Stock Forecasts

Assets that tend to move strongly with MRO



EOG Forecast + Options Trading Strategies   EOG  EOG Resources (0.95)


XOP Forecast + Options Trading Strategies   XOP  SPDR Oil & Gas Exploration and Production (0.93)


CTRA Forecast + Options Trading Strategies   CTRA  Coterra Energy (0.93)


OXY Forecast + Options Trading Strategies   OXY  Occidental Petroleum (0.92)


NOG Forecast + Options Trading Strategies   NOG  Northern Oil and Gas (0.91)



Uncorrelated Stock Forecasts

Assets with little price relationship to MRO



HMY Forecast + Options Trading Strategies   HMY  Harmony Gold Mining (0.0)


ADT Forecast + Options Trading Strategies   ADT  ADT (0.0)


HRL Forecast + Options Trading Strategies   HRL  Hormel Foods (0.0)


ITW Forecast + Options Trading Strategies   ITW  Illinois Tool Works (0.0)


ITA Forecast + Options Trading Strategies   ITA  BTC iShares U.S. Aerospac (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against MRO



MDLZ Forecast + Options Trading Strategies   MDLZ  Mondelez International (-0.72)


LH Forecast + Options Trading Strategies   LH  Laboratory Corp. Of America (-0.73)


LW Forecast + Options Trading Strategies   LW  Lamb Weston (-0.75)


ERY Forecast + Options Trading Strategies   ERY  Direxion Daily Energy Bear 2X Shares (-0.86)


DRIP Forecast + Options Trading Strategies   DRIP  Direxion Daily S&P Oil & Gas Exp. & Prod. (-0.9)





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