Murphy Oil Corp (NYSE: MUR) is -37.22% 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 $23.84 in the last trading session, with the day’s gains setting it 2.05%.
Currently trading at $25.89, the stock is 7.64% and 14.80% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.03 million and changing 8.60% at the moment leaves the stock -7.00% off its SMA200. MUR registered -14.44% loss for a year compared to 6-month loss of -16.38%. The firm has a 50-day simple moving average (SMA 50) of $22.5532 and a 200-day simple moving average (SMA200) of $27.83915.
The stock witnessed a 20.19% gain in the last 1 month and extending the period to 3 months gives it a 15.99%, and is 15.07% 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 5.59% over the week and 4.27% over the month.
Murphy Oil Corp (MUR) has around 750 employees, a market worth around $3.69B and $2.90B in sales. Current P/E ratio is 9.94 and Fwd P/E is 10.02. Profit margin for the company is 13.47%. Distance from 52-week low is 36.66% and -39.82% 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 -40.95% this year.
Murphy Oil Corp (MUR) Top Institutional Holders
518.0 institutions hold shares in Murphy Oil Corp (MUR), with institutional investors hold 100.23% of the company’s shares. The shares outstanding are 142.72M, and float is at 133.21M with Short Float at 16.40%. Institutions hold 93.76% 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
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).
