Marathon Oil Is a Value Play

Updated

In this edition, energy analyst Joel South details his reasons why Marathon Oil is still a solid value play. On an enterprise value to barrel of proven oil reserves, the company is selling for $21 per barrel and that doesn't include Marathon's 2.6 trillion cubic feet of proven natural gas reserves. Marathon is also focusing on harvesting its oil-heavy assets by focusing its capital expenditures on production instead of exploration, leading to a 93% liquids growth rate since the third quarter of 2011. Check out the video below for more on Marathon Oil.

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The article Marathon Oil Is a Value Play originally appeared on Fool.com.

Joel South has no position in any stocks mentioned. Taylor Muckerman has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. 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.

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