Murphy Oil Corp (NYSE: MUR) is -33.51% lower on its value in year-to-date trading and has touched a low of $18.94 and a high of $47.62 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 $20.53 in the last trading session, with the day’s loss setting it -0.41%.
Currently trading at $20.12, the stock is -19.63% and -22.46% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.81 million and changing -2.00% at the moment leaves the stock -37.71% off its SMA200. MUR registered -57.23% loss for a year compared to 6-month loss of -43.97%. The firm has a 50-day simple moving average (SMA 50) of $25.9464 and a 200-day simple moving average (SMA200) of $32.30015.
The stock witnessed a -24.53% gain in the last 1 month and extending the period to 3 months gives it a -40.65%, and is 2.55% 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 11.56% over the week and 6.67% over the month.
Murphy Oil Corp (MUR) has around 750 employees, a market worth around $2.87B and $3.02B in sales. Current P/E ratio is 7.49 and Fwd P/E is 5.93. Profit margin for the company is 13.49%. Distance from 52-week low is 6.20% and -57.75% from its 52-week high. The company has generated returns on investments over the last 12 months (5.81%).
with sales reaching $676.33M over the same period.The EPS is expected to shrink by -11.48% this year, but quarterly earnings will post -6.73% year-over-year. Quarterly sales are estimated to shrink -15.08% in year-over-year returns.
Murphy Oil Corp (MUR) Top Institutional Holders
539.0 institutions hold shares in Murphy Oil Corp (MUR), with institutional investors hold 90.76% of the company’s shares. The shares outstanding are 145.85M, and float is at 134.47M with Short Float at 14.61%. Institutions hold 85.02% of the Float.
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 13.9949% 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 4.6886 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 purchase by Nolan Jeffrey W, the company’s Director. SEC filings show that Nolan Jeffrey W bought 10,000 shares of the company’s common stock on Mar 05 ’25 at a price of $23.39 per share for a total of $0.23 million. Following the purchase, the insider now owns 0.29 million shares.
Murphy Oil Corp disclosed in a document filed with the SEC on Feb 21 ’25 that Utsch Louis W (Vice President) sold a total of 9,584 shares of the company’s common stock. The trade occurred on Feb 21 ’25 and was made at $28.10 per share for $0.27 million. Following the transaction, the insider now directly holds 9504.0 shares of the MUR stock.
Still, SEC filings show that on Feb 21 ’25, Utsch Louis W (Officer) Proposed Sale 9,584 shares at an average price of $28.10 for $0.27 million. The insider now directly holds shares of Murphy Oil Corp (MUR).