Marathon Oil (NYSE:MRO) has received mixed analyst ratings over the past three months, with 8 analysts offering a range of bullish to indifferent perspectives. The average 12-month price target has been reduced by 5.74% to $31.69, with a high estimate of $39.00 and a low of $25.00. Several analysts have lowered their price targets, while a few have raised them. Marathon Oil focuses on unconventional resources in the U.S., with net proved reserves of 1.3 billion barrels of oil equivalent and a production average of 343 thousand barrels per day in 2022. The company's revenue declined by 11.8% as of September 30, 2023, but it maintains a strong net margin of 25.58% and an ROA of 2.27%, with a lower-than-average debt-to-equity ratio of 0.51.