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Why should you keep an eye on Murphy Oil Corp (MUR)?

Murphy Oil Corp (NYSE: MUR) is -8.59% 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 $27.71 in the last trading session, with the day’s loss setting it -0.05%.

Currently trading at $27.66, the stock is 0.15% and -5.97% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.43 million and changing -0.18% at the moment leaves the stock -21.30% off its SMA200. MUR registered -30.47% loss for a year compared to 6-month loss of -25.92%.

The stock witnessed a -6.99% gain in the last 1 month and extending the period to 3 months gives it a -16.13%, and is -1.88% down 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 2.51% over the week and 3.49% over the month.

Murphy Oil Corp (MUR) has around 725 employees, a market worth around $4.03B and $3.02B in sales. Current P/E ratio is 10.29 and Fwd P/E is 6.85. Profit margin for the company is 13.49%. Distance from 52-week low is 9.50% and -43.71% 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.

Murphy Oil Corp (MUR) Top Institutional Holders

The shares outstanding are 145.84M, and float is at 137.41M 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

The most recent transaction is an insider sale by Utsch Louis W, the company’s Vice President. SEC filings show that Utsch Louis W sold 9,584 shares of the company’s common stock on Feb 21 ’25 at a price of $28.10 per share for a total of $0.27 million. Following the sale, the insider now owns 9504.0 shares.

Still, SEC filings show that on Feb 19 ’25, ROGER JENKINS (Officer) Proposed Sale 70,000 shares at an average price of $28.61 for $2.0 million. The insider now directly holds shares of Murphy Oil Corp (MUR).

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