StandardAero is well-positioned in the aircraft engine MRO market, yet its stock lags despite strong sector demand and Q3 outperformance. SARO delivered 20.4% revenue growth in Q3, beating estimates, with robust commercial, military, and business aviation sales, though margins face near-term pressure. 2025 guidance was raised, with tighter revenue forecasts, improved free cash flow, and stable EBITDA margins, supporting a constructive outlook for SARO.
Lufthansa's Capital Markets Day highlighted ambitious margin targets, fleet simplification, and strategic pillars across passenger, cargo, and MRO segments. DLAKF management's confidence in surpassing pre-pandemic margins and a strong balance sheet support the investment case, with FCF and shareholder distributions set to improve. At the current market cap, the MRO segment alone justifies most of the enterprise value. Valuation is still compelling and we confirm our buy.
TATT's MRO business may improve, backed by contract wins, despite near-term challenges posed by supply-chain woes.
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Lee M. Tillman CEO | NYSE Exchange | 565849106 CUSIP |
| US Country | 1,681 Employees | - Last Dividend | 19 Jun 2007 Last Split | 2 Jan 1970 IPO Date |
Marathon Oil Corporation is an independent entity dedicated to the exploration and production of energy resources, prominently focusing on crude oil and condensate, natural gas liquids, and natural gas. Operating both within the United States and on an international scale, the company has established a firm reputation for its expansive operations in the energy sector. Originally known as USX Corporation, it underwent a rebranding to Marathon Oil Corporation in December 2001, a move that reflected its focused identity in the oil industry. Since its inception in 1887, Marathon Oil has grown significantly, with its headquarters situated in Houston, Texas, a city known as a global hub for the energy industry. This long-standing entity prides itself on a legacy of energy production and continues to play a crucial role in meeting the energy needs of its diverse clientele across the globe.
Marathon Oil Corporation provides a broad range of products and services integral to the energy sector, including: