I’ve owned it for some time now. I remember when I bought MRO, I bought it with the idea that it is the next big thing. It looked undervalued at the time, compared to other O&G companies and showed promising parameters for growth. Fast forward to today, I can see that it didn’t produce any value and the movement of the stock is cyclical, no matter what the market conditions are.
Did anyone come up with the reason why MRO cannot rise in value, as similar sized O&G companies did lately.
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