- UBS is very positive on Marathon Oil (NYSE:MRO) saying R&M results should lead to blowout quarter.
Firm has revised their 2Q06/2006/2007 estimates go to $3.85/$10.50/$9.99 from $3.27/$9.96/$9.64, respectively (above consensus). Notably, they expect the Street to materially raise 2Q EPS consensus estimates of $2.93.
Notablecalls: One to watch. Chart looks strong.