Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Marathon Oil Corporation (MRO), coming out of a stable, but underwhelming second quarter, is ready to rig new revenue drivers. The company is driving growth with U.S.-based liquids rich plays, while focusing on growth within cash flow, a solid sign that Marathon does not intend to use its recent separation from downstream operations as an excuse to spend. It is reassuring to see that already Marathon is growing within its means and at a better clip than many expected; I think that its growth will continue on a similar track, particularly due to its willingness to think like an independent, and ability to move like a major.

Oil Sands Could Be a Growth Driver

Marathon is building out its Athabasca oil sands project in Alberta, a joint venture with Royal Dutch Shell (RDS.A) and Chevron Corporation (CVX), with a carbon capture and sequestration mechanism to be completed in 2015. The project, known as Quest CCS, will allow the partners to capture up to 1 million metric tons of carbon dioxide per year, to later be injected underground. The cost is estimated at $1.4 billion, although the Albertan government will cover approximately half of this amount. READ FULL ARTICLE HERE