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Timothy Smith

11/15/12 3:56 PM

#9 RE: Penny Roger$ #7

Marathon Oil is upgraded to Overweight with a raised $35 price target (from $30) by J.P. Morgan, which believes improving results in the Eagle Ford and Bakken shale plays underpin a loftier near-term production growth outlook, and a potential sale of oil sands operations could unlock additional value and an exploration program could spark share price catalysts.