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.

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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.

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.

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.

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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.

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…

News & Analysis

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.

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.

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.

Murphy Oil Stock Price History

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.

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.

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 ishares® ibonds® 2025 term high yield and income etf 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.

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.

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.

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.

Financial Calendars

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’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.

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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 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 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.

Murphy Oil doesn’t possess the right combination of the two key https://day-trading.info/ ingredients for a likely earnings beat in its upcoming report.