Oil is not going to stay at $25 a barrel. There is "Blood in the Streets" in the oil industry right now. I don't know about a 52 week high any time soon, but MRO at $11 is not outside the realm of possibility by the end of summer.
Once this corona virus panic passes, things will go back to normal. Production will resume and family vacations will be back on the to do list.
This is an opportunity, just like the 2008 crash. I'm buying all the MRO I can afford. Right now I'm averaged in at $3.47. I'm loving this.
If Trump wants to get re-elected, he will do something to stabilize the oil markets. Big oil money is a very important political consideration. It is why Democrats, that pooh-pooh the oil industry have mostly fallen out of the running. Only a political fool goes up against the oil industry.
HOPE IS MOTIVATION; REALITY IS PROFIT
Recent MRO News
- Marathon Oil Reports First Quarter 2024 Results • PR Newswire (US) • 05/01/2024 08:30:00 PM
- Marathon Oil Corporation Declares First Quarter 2024 Dividend • PR Newswire (US) • 04/24/2024 08:30:00 PM
- Marathon Oil Schedules First Quarter 2024 Earnings Release and Conference Call • PR Newswire (US) • 04/02/2024 08:30:00 PM
- Marathon Oil Corporation Announces Pricing of Offering of $600 Million of Senior Notes Due 2029 and $600 Million of Senior Notes Due 2034 • PR Newswire (US) • 03/26/2024 09:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 09:41:06 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 09:40:18 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 09:38:27 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 09:37:45 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 09:37:06 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 09:36:14 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 09:35:34 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 09:34:53 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 09:34:09 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 09:32:46 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 09:31:39 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 09:30:52 PM
- Marathon Oil Corporation Announces Key Officer Promotions • PR Newswire (US) • 02/29/2024 09:30:00 PM
- U.S. Stocks May Lack Direction Following Yesterday’s Modest Pullback • IH Market News • 02/27/2024 02:14:46 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/21/2024 09:38:30 PM
- Marathon Oil Announces 2024 Capital Budget and Reports Fourth Quarter and Full-Year 2023 Results • PR Newswire (US) • 02/21/2024 09:30:00 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/13/2024 10:08:06 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/09/2024 05:06:42 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/02/2024 09:59:49 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/02/2024 09:50:45 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/02/2024 09:50:12 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM