Looking forward to next year, Marathon Oil (MRO +0.00%) appears to be set on a material growth trajectory. Because of efficiency gains in the Eagle Ford and Bakken fields, along with several international plays, Marathon expects to grow its production by 6%-8% over 2012. This growth won't be starting from scratch, either. Momentum has been building throughout 2012 across the board, and the expectations for 2013 are well-warranted as management continues to divest lower-grade assets in favor of a high-grade portfolio. Tune in below where energy analyst Taylor Muckerman discusses these growth prospects in more detail.
Marathon Oil Sees Momentum and Efficiency in 2013
By Taylor Muckerman and Joel South – Dec 17, 2012 at 2:00PM
NYSE: MRO
Marathon Oil
Marathon Oil is on track to up its production in some of the most oil-rich regions in the nation.
About the Author
Taylor Muckerman was lead energy & materials analyst for fool.com from 2012-2013. He is now Head of Retention for Motley Fool Canada.