Murphy Oil Corp (NYSE: MUR) is -21.38% lower on its value in year-to-date trading and has touched a low of $18.94 and a high of $43.02 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 $23.02 in the last trading session, with the day’s gains setting it 0.77%.
Currently trading at $23.79, the stock is 8.71% and 8.25% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.63 million and changing 3.34% at the moment leaves the stock -17.67% off its SMA200. MUR registered -40.55% loss for a year compared to 6-month loss of -24.76%. The firm has a 50-day simple moving average (SMA 50) of $21.977 and a 200-day simple moving average (SMA200) of $28.89655.
The stock witnessed a 8.83% gain in the last 1 month and extending the period to 3 months gives it a -5.78%, and is 7.99% 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 2.13% over the week and 2.17% over the month.
Murphy Oil Corp (MUR) has around 750 employees, a market worth around $3.40B and $2.90B in sales. Current P/E ratio is 9.13 and Fwd P/E is 8.94. Profit margin for the company is 13.47%. Distance from 52-week low is 25.57% and -44.70% from its 52-week high. The company has generated returns on investments over the last 12 months (5.51%).
The EPS is expected to shrink by -40.07% this year.
Murphy Oil Corp (MUR) Top Institutional Holders
523.0 institutions hold shares in Murphy Oil Corp (MUR), with institutional investors hold 100.20% of the company’s shares. The shares outstanding are 142.72M, and float is at 133.21M with Short Float at 18.68%. Institutions hold 93.74% 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 11.3596 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 8.25 million shares representing 5.4249% 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
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Murphy Oil Corp disclosed in a document filed with the SEC on Mar 05 ’25 that Nolan Jeffrey W (Director) bought a total of 10,000 shares of the company’s common stock. The trade occurred on Mar 05 ’25 and was made at $23.39 per share for $0.23 million. Following the transaction, the insider now directly holds 0.29 million shares of the MUR stock.
Still, SEC filings show that on Feb 21 ’25, Utsch Louis W (Vice President) disposed off 9,584 shares at an average price of $28.10 for $0.27 million. The insider now directly holds 9,504 shares of Murphy Oil Corp (MUR).
