MUR Stock Price Murphy Oil Corp Stock Quote U.S.: NYSE

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.

• Consolidated 62% oil and natural gas liquids and 38% natural gas.
• Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts.
• High institutional ownership can be a signal of strong market trust in this company.
• An oil and gas exploration and production company with refining and marketing operations in North America and the United Kingdom.

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.

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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%.

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

Murphy Oil (MUR) Reports Next Week: Wall Street Expects Earnings Growth

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Do Options Traders Know Something About Murphy Oil (MUR) Stock We Don’t?

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.

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.

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 https://day-trading.info/ 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.

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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 why day trading is a loser’s game 2021 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 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.

News flow

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.

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.

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.

Overview Of Value Stocks In The Energy Sector

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 , 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.

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.

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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.

Gen Z TikTok climate activists are leading the charge against a proposed oil drilling project pending the Biden Administration’s approval. All values as of most recently reported quarter unless otherwise noted. For US and Canadian Stocks, the Overview page includes key statistics on the stock’s fundamentals, with a link to see more.