Streetbeat News

MUR

Murphy Oil Corporation

https://www.murphyoilcorp.com

Industry

Oil & Gas Exploration & Production

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. The company was incorporated in 1950 and is headquartered in Houston, Texas.

Open

32.68

Mkt cap

4.8B

Volume

416K

High

33.08

P/E Ratio

10.52

52-wk high

49.14

Low

32.58

Div yield

0.04

52-wk low

30.99

Over the past 3 months, 6 Wall Street analysts have published their opinions on Murphy Oil (NYSE:MUR), with 2 bullish, 1 somewhat bullish, and 3 indifferent ratings. The average 12-month price target for MUR is $52.0, with a high of $57.00 and a low of $45.00. This target has increased by 4.42% over the past month. Analysts predict stock performance by researching company financials, attending calls and meetings, and communicating with insiders.

Portfolio Pulse from Benzinga Insights

December 14, 2023 | 8:00 pm

UBS analyst Josh Silverstein has maintained a Neutral rating on Murphy Oil (NYSE:MUR) but has reduced the price target from $50 to $45.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 4:44 pm

Truist Securities analyst Neal Dingmann has reiterated a Buy rating on Murphy Oil (NYSE:MUR) with a maintained price target of $57.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 6:00 pm

Murphy Oil (NYSE:MUR) has received mixed analyst ratings in the last quarter, with 1 bullish, 2 somewhat bullish, and 3 indifferent ratings. The average 12-month price target from 6 analysts is $51.5, with a high of $56.00 and a low of $46.00, marking a 6.19% increase from the previous target of $48.50. Analyst ratings are based on financial analysis and are updated quarterly.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 4:00 pm

Piper Sandler analyst Mark Lear has maintained an Overweight rating on Murphy Oil (NYSE:MUR) and increased the price target from $52 to $56. This adjustment reflects a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 3:37 pm

Murphy Oil (NYSE:MUR) reported Q3 earnings of $1.59 per share, beating the analyst consensus estimate of $1.40 by 13.57%. However, this is a 13.59% decrease from the same period last year. The company also reported quarterly sales of $959.64 million, beating the analyst consensus estimate of $895.73 million by 7.14%, but this is a 26.35% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 10:06 am

Energy stocks are trading higher due to the Israel-Hamas conflict causing uncertainty in oil supply. Several energy companies are mentioned in the context.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 3:52 pm

In the last quarter, Murphy Oil (NYSE:MUR) has received a mix of bullish and indifferent analyst ratings. The company's average price target has increased by 6.84% from the previous average price target of $46.20 to $49.36. The high and low price targets are $53.00 and $43.00 respectively.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 6:00 pm

UBS analyst Josh Silverstein has maintained a Neutral rating on Murphy Oil (NYSE:MUR) and raised the price target from $50 to $53.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2023 | 3:51 pm

Benzinga Insights has identified five value stocks in the energy sector that may be worth watching: Murphy Oil (MUR), SilverBow Resources (SBOW), National Fuel Gas (NFG), Diamondback Energy (FANG), and Equinor (EQNR). All these companies have seen a decrease in earnings per share in the recent quarter. However, Diamondback Energy and Equinor have reported an increase in their dividend yield.

Portfolio Pulse from Benzinga Insights

September 21, 2023 | 2:39 pm

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