Marathon Oil Sees Momentum and Efficiency in 2013
Dec 17th 2012 2:00PM
Updated Dec 17th 2012 2:10PM
Looking forward to next year, Marathon Oil 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.
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The article Marathon Oil Sees Momentum and Efficiency in 2013 originally appeared on Fool.com.Joel South owns shares of Halliburton. Taylor Muckerman has no positions in the stocks mentioned above. The Motley Fool owns shares of Halliburton Company. Motley Fool newsletter services recommend Chevron and Halliburton Company. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.