Murphy Oil Corp (NYSE: MUR) is -6.81% lower on its value in year-to-date trading and has touched a low of $25.26 and a high of $49.14 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MUR stock was last observed hovering at around $28.39 in the last trading session, with the day’s loss setting it -0.19%.
Currently trading at $28.20, the stock is 0.82% and -4.66% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.55 million and changing -0.67% at the moment leaves the stock -20.34% off its SMA200. MUR registered -28.04% loss for a year compared to 6-month loss of -25.65%.
The stock witnessed a -10.45% gain in the last 1 month and extending the period to 3 months gives it a -13.23%, and is 1.88% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.87% over the week and 3.52% over the month.
Murphy Oil Corp (MUR) has around 725 employees, a market worth around $4.11B and $3.02B in sales. Current P/E ratio is 10.49 and Fwd P/E is 6.98. Profit margin for the company is 13.49%. Distance from 52-week low is 11.64% and -42.61% from its 52-week high. The company has generated returns on investments over the last 12 months (5.81%).
with sales reaching $669.96M over the same period.The EPS is expected to grow by 7.95% this year, but quarterly earnings will post -3.44% year-over-year. Quarterly sales are estimated to shrink -15.88% in year-over-year returns.
The shares outstanding are 145.84M, and float is at 137.38M with Short Float at 9.41%.
The top institutional shareholder in the company is BLACKROCK INC. with over 21.29 million shares valued at $878.15 million. The investor’s holdings represent 13.948 of the MUR Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 17.28 million shares valued at $712.79 million to account for 11.3216 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 8.25 million shares representing 5.4067 and valued at over $340.4 million, while STATE STREET CORP holds 4.6729 of the shares totaling 7.13 million with a market value of $294.2 million.
Murphy Oil Corp (MUR) Insider Activity
Murphy Oil Corp disclosed in a document filed with the SEC on Feb 05 ’25 that Palanivelu Meenambigai (Vice President) bought a total of 1,573 shares of the company’s common stock. The trade occurred on Feb 05 ’25 and was made at $26.70 per share for $41999.0. Following the transaction, the insider now directly holds 37065.0 shares of the MUR stock.
Still, SEC filings show that on Feb 05 ’25, DEMING CLAIBORNE P (Director) acquired 50,000 shares at an average price of $26.56 for $1.33 million. The insider now directly holds 981,651 shares of Murphy Oil Corp (MUR).
