MUR: Murphy Oil Corp Stock Price, Quote and News

mur stock price today
mur stock price today

The latest closing stock price for Murphy Oil as of March 15, 2023 is 34.28.The all-time high Murphy Oil stock closing price was 54.65 on July 01, 2008. Investors appear ready to starting buying energy stocks again as earnings start rolling in. They are looking to boost their weightings in the sector given healthy free-cash flows hirose financial uk review , said analyst N… Murphy Oil’s third-quarter earnings and revenues were better than expected and the company benefited from strong production volumes. According to 20 analysts, the average rating for MUR stock is “Buy.” The 12-month stock price forecast is $52.46, which is an increase of 51.79% from the latest price.

If you’re new to stock investing, here’s how to buy Murphy Oil stock. By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. 57 employees have rated Murphy Oil Chief Executive Officer Roger W. Jenkins on Roger W. Jenkins has an approval rating of 67% among the company’s employees.

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Where Does Murphy Oil Corp (MUR) Stock Fall in the Oil & Gas E&P Field After It Has Gained 1.94% This Week? – InvestorsObserver

Where Does Murphy Oil Corp (MUR) Stock Fall in the Oil & Gas E&P Field After It Has Gained 1.94% This Week?.

Posted: Wed, 15 Feb 2023 20:14:11 GMT [source]

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Murphy Oil doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report.

May 19th Options Now Available For Murphy Oil (MUR) – Nasdaq

May 19th Options Now Available For Murphy Oil (MUR).

Posted: Thu, 16 Mar 2023 15:41:00 GMT [source]

This content does not constitute financial advice and has not been prepared to take into account your individual circumstances. As investments carry risk, you should do your own research and consider getting advice from a licensed tax or financial advisor before making an investment decision. Past performance is not a reliable indication of future performance.

All investments involve risks, including the loss of principal. Securities trading offered through Robinhood Financial LLC, Member SIPC and a registered broker-dealer. As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

Murphy challenges the norm, taps into its strong legacy and uses its foresight and financial discipline to deliver inspired energy solutions. The company sees a future where it is an industry leader who is positively impacting lives for the next 100 years and beyond. 10 brokerages have issued 12-month price objectives for Murphy Oil’s stock.

The Company is engaged in both onshore and offshore operations and properties. The Company’s geographic segments include the United States, Canada and all other countries. It produces crude oil, natural gas and natural gas liquids primarily in the United States and Canada and explores for crude oil, natural gas and natural gas liquids in targeted areas worldwide. In the United States, it produces crude oil, natural gas liquids and natural gas primarily from fields in the Gulf of Mexico and in the Eagle Ford Shale area of South Texas.

Shares Sold ShortThe total number of shares of a security that have been sold short and not yet repurchased.Change from LastPercentage change in short interest from the previous report to the most recent report. Exchanges report short interest twice a month.Percent of FloatTotal short positions relative to the number of shares available to trade. We are working on updating this web app to fully enable Quantitative Ratios.

Investor demand for energy stocks will soon increase ‘dramatically,’ analyst says

Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements. Wells Fargo analyst Roger Read maintained a Hold rating on Murphy Oil (MUR – Research Report) today and set a price target of $44.00. The company’s shares opened today at $41.96.Read covers the Utilities sector, focusing o… Historical daily share price chart and data for Murphy Oil since 1983 adjusted for splits.

mur stock price today

Murphy Oil pays a meaningful dividend of 3.07%, higher than the bottom 25% of all stocks that pay dividends. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. CompareMUR’s historical performanceagainst its industry peers and the overall market. You can find your newly purchased Murphy Oil stock in your portfolio—alongside the rest of your stocks, ETFs, crypto, and alternative assets. What analysts recommend for MUR stock, on a scale from 1 to 5. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile.

MUR Company Calendar

Discuss news and analysts’ price predictions with the investor community. Murphy Oil’s fourth-quarter earnings per share are better than expected. The company continues to lower its debt level, strengthening its balance sheet. Murphy Oil improves shareholders value by increasing its quarterly dividend rate by 10%. The up/down ratio is calculated by dividing the value of uptick trades by the value of downtick trades.

No representation is made as to the timeliness, reliability, accuracy or completeness of the market data provided. Murphy Oil announced a quarterly dividend on Thursday, January 26th. Stockholders of record on Monday, February 13th will be paid a dividend of $0.275 per share on Wednesday, March 1st.

mur stock price today

Looking ahead, we forecast Murphy Oil to be priced at 35.49 by the end of this quarter and at 32.20 in one year, according to Trading Economics global macro models projections and analysts expectations. Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’s balance sheet and inputs from the stock market. The score provides a forward-looking, one-year measure of credit risk, allowing investors to make better decisions and streamline their work ow. Updated daily, it takes into account day-to-day movements in market value compared to a company’s liability structure. Real-time analyst ratings, insider transactions, earnings data, and more.

Murphy Oil

Most energy stocks have a modest valuation and a decent dividend yield — … 10 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for Murphy Oil in the last twelve months. There are currently 5 hold ratings and 5 buy ratings for the stock.

Expectations of a tight fourth quarter oil market ignore some supply-side upsides. Murphy Oil’s fourth-quarter production is likely to be affected by high offshore downtime and an increase in royalties in Tupper Montney, while debt reduction is going to boost margins. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. Today’s news is good, but it’s not a permanent cure for what ails oil producers. Jason Hall Shares of some of the largest independent oil producers in the U.S. are rocketing higher today on news that the European Union has reached agreement on $2….

Murphy Oil is poised to benefit from high energy prices by generating more cash and returning it to shareholders. Jake Lerch Companies — like people — can have a reputation. The Murphy Oil 52-week low stock price is 25.97, which is 24.2% below the current share price. The Murphy Oil 52-week high stock price is 51.28, which is 49.6% above the current share price. Market cap is the total market value of a publicly traded company’s outstanding shares. We sell different types of products and services to both investment professionals and individual investors.

The Company’s geographic segments include the U.S. and Canada. In the United States, the Company is producing crude oil, natural gas liquids and natural gas primarily from fields in the Gulf of Mexico and in the Eagle Ford Shale area of South Texas. In Canada, the Company holds working interests in a dry natural gas area at Tupper Montney (100% owned), Kaybob Duvernay, liquids rich Placid Montney, and two non-operated offshore assets. Murphy Oil Corporation, together with its subsidiaries, operates as an oil and natural gas exploration and production company in the United States, Canada, and internationally. It explores for and produces crude oil, natural gas, and natural gas liquids. The company was formerly known as Murphy Corporation and changed its name to Murphy Oil Corporation in 1964.

Financial Performance

Overall, this stock passed 21/38 due dilligence checks and has strong fundamentals, according to our automated analysis. To buy MUR stocks in Australia you’ll need to open an account with a broker like Stake. One share of MUR stock can currently be purchased for approximately $34.28. Sign-up to receive the latest news and ratings for Murphy Oil and its competitors with MarketBeat’s FREE daily newsletter. MarketBeat has tracked 7 news articles for Murphy Oil this week, compared to 3 articles on an average week. This payout ratio is at a healthy, sustainable level, below 75%.

  • As investments carry risk, you should do your own research and consider getting advice from a licensed tax or financial advisor before making an investment decision.
  • Murphy Oil exhibits a price/book ratio which exceeds the industry average for crude petroleum and natural gas stocks listed on the NYSE.
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  • Murphy challenges the norm, taps into its strong legacy and uses its foresight and financial discipline to deliver inspired energy solutions.

This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.52% per year. These returns cover a period from January 1, 1988 through February 6, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return.

Energy stocks lose juice, while Chinese ADRs continue to rally. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. Baytex Energy Corp. announced on Tuesday that is has agreed to acquire Eagle Ford Shale pure play Ranger Oil Corp. for $2.5 billion, including net debt of $650 million.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest… Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Style is an investment factor that has a meaningful impact on investment risk and returns.

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