Murphy Oil MUR Stock Price Today

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• 10 brokerages have issued 12-month price objectives for Murphy Oil’s stock.
• Provide specific products and services to you, such as portfolio management or data aggregation.
• Net money flow is the value of uptick trades minus the value of downtick trades.
• This indicates that Murphy Oil will be able to sustain or increase its dividend.
• Historical valuations generally do not reflect a company’s current market value.
• Ownerin %Freefloat94.68Vanguard Group, Inc. 10.15Fidelity Management & Research Co.

Murphy Oil’s stock was trading at $43.01 on January 1st, 2023. Since then, MUR stock has decreased by 20.3% and is now trading at $34.28. The P/E ratio of Murphy Oil is 5.71, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 62.35. High institutional ownership can be a signal of strong market trust in this company. In the past three months, Murphy Oil insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $866,587.00 in company stock.

Net money flow is the value of uptick trades minus the value of downtick trades. Global oil demand is faltering, and Saudi Arabia just slashed prices to two of the world’s biggest customers. Jason Hall The crude oil recovery has hit its first big speed bump.The surge in COVID-19 cases in many parts of the world, the end of a w…

The issuers of these securities may be an affiliate of Public, and Public may earn fees when you purchase or sell Alternative Assets. For more information on risks and conflicts of interest, see these disclosures. Morgan Stanley analyst Devin McDermott maintained a Hold rating on Murphy Oil (MUR – Research Report) today and set a price target of $47.00. The company’s shares opened today at $43.20.According to TipRanks, McDermott is … J.P. Morgan analyst Arun Jayaram maintained a Buy rating on Murphy Oil (MUR – Research Report) on January 13 and set a price target of $54.00. The company’s shares closed last Friday at $42.27.Jayaram covers the Utilities …

Company Information

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Consensus Price Target is the stock price analysts expect to see within a period of 0-18 months. Murphy Oil traded at $34.56 this Thursday March 16th, increasing $0.28 or 0.80 percent since the previous trading session. Looking back, over the last four weeks, Murphy Oil gained 12.59 percent.

Murphy Oil (MUR)

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Murphy Oil has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report. Murphy Oil’s Q3 earnings are expected to have benefitted from accretive acquisition and strong production volumes from its assets in Eagle Ford, Tupper Montney and the Gulf of Mexico regions. © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.

Only 4 people have added Murphy Oil to their MarketBeat watchlist in the last 30 days. Only 13 people have searched for MUR on MarketBeat in the last 30 days. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index quotes are real-time. We’d like to share more about how we work and what drives our day-to-day business. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams.

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Murphy Oil’s price/earnings ratio of 5.89 is within a 15% range of the industry average for crude petroleum and natural gas stocks listed on the NYSE. Murphy Oil’s dividend yield of 2.3% is within a 15% range of the industry average for crude petroleum and natural gas stocks listed on the NYSE. Murphy Oil’s market cap is calculated by multiplying MUR’s current stock price of $34.28 by MUR’s total outstanding shares of 155,762,646. Murphy Oil Corporation produces crude oil, natural gas, and natural gas liquids in the U.S., Canada, and in targeted areas around the globe.

Murphy Oil Stock Earnings

In the U.S., the company operates primarily from fields in the Gulf of Mexico and the Eagle Ford Shale area of South Texas. Murphy Oil was incorporated in 1950 and is headquartered in Houston, TX. Murphy Oil is an independent exploration and production company developing unconventional resources in the United States and Canada. At the end of 2022, the company reported net proved reserves of 697 million barrels of oil equivalent.

Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. MUR has a forward dividend yield of 3.21%.SeeMUR’s full dividends and stock split historyon the Dividend tab. Thanks to a big rally, long-underperforming energy stocks are now starting to look expensive. No offer to buy securities can be accepted, and no part of the purchase price can be received, until an offering statement filed with the SEC has been qualified by the SEC. An indication of interest to purchase securities involves no obligation or commitment of any kind. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts.

All other current web features including annual reports, price sensitive announcements, dividends and earnings transcripts are free to use here on our web app. Sign up for a Robinhood brokerage account to buy or sell Murphy Oil stock and options commission-free. The technique has proven to be very useful for finding positive surprises.

MUR Overview

Securities products offered by Open to the Public Investing are not FDIC insured. Apex Clearing Corporation, our clearing firm, has additional insurance coverage in excess of the regular SIPC limits. A program intended to enable oil and gas development on the U.S. outer continental shelf has expired, leaving domestic energy producers at a loss as to whether it will be replaced any time soon.

Murphy Oil has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. According to analysts’ consensus price target of $49.11, Murphy Oil has a forecasted upside of 40.5% from its current price of $34.95. Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios. JSI uses funds from your Treasury Account to purchase T-bills in increments of $100 “par value” (the T-bill’s value at maturity).

Murphy Oil (NYSE: MUR)

Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Jake Lerch In today’s choppy market, many investors are seeking out the relative safety of oil and gas stocks.

It holds approximately 133 thousand gross acres in South Texas in the Eagle Ford Shale unconventional oil and natural gas play. Murphy Oil Corporation is a global oil and gas exploration and production company. The company explores and produces crude oil, natural gas and natural gas liquids worldwide. Previously, it had refining and marketing operations in both the U.S. and the UK.’ The company is currently transforming… Murphy Oil Corporation is an international oil and natural gas exploration and production company that conducts its business through various operating subsidiaries. The Company primarily produces oil and natural gas in the United States and Canada and conducts oil and natural gas exploration activities worldwide.

Consolidated 62% oil and natural gas liquids and 38% natural gas. If true, that’s a big boon for an oil industry that’s still deep in crisis. Murphy Oil exhibits a price/sales ratio which exceeds the industry average for crude petroleum and natural gas stocks listed on the NYSE. Murphy Oil exhibits a price/book ratio which exceeds the industry average for crude petroleum and natural gas stocks listed on the NYSE. An oil and gas exploration and production company with refining and marketing operations in North America and the United Kingdom.

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