Marathon Oil (MRO) has certainly struggled with the drop in raw oil prices. After mounting a well-earned climb that started in 2003, the stock endured the market drop of 2008-09 to see an all-time-high of nearly $47/share in 2014. An initial Buy consideration was triggered in 2014-15 but followed by a significant drop that now places the stock well into undervaluation territory and possibly an opportunity to return to fair value. The stock is considered Aspirational so it is not stable in pricing direction. One look at the graph shows this could be a uncomfortable ride going forward. The future looks much better than earlier and the probability of moving back to fair value is increasing. Right now the stock is a Buy Watch consideration.