Post Tagged with: "Ticker: MRO"

The STACK and SCOOP Valued at $40 Billion with Upside

The STACK and SCOOP Valued at $40 Billion with Upside

Oklahoma’s STACK and SCOOP plays are dominated by five players – 2nd most active U.S. plays

With roughly 31% of active rigs in the U.S. focusing on the Permian, it’s easy to say plays like the Delaware Basin have …

Marathon Oil Shares Down 7% Due to Management Changes

Marathon Oil Shares Down 7% Due to Management Changes

Management changes spook investors

The stock price of Marathon Oil Corp. (ticker: MRO) fell over 7% today as the company announced a number of changes in its senior management. The shakeup includes the exit of the company’s CFO, J.R. Sult, …

August 22, 2016 - 4:59 pm Closing Bell Story‎, Oil and Gas 360 Articles
Is the Shale Boom Finally Taking a Breather?

Is the Shale Boom Finally Taking a Breather?

Heavy hitting U.S. shale producers lower production guidance 10% or more for ‘16

U.S. shale producers are beginning to announce production cuts as the global glut is keeping prices lower for longer. There is a marked difference as companies begin …