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Friday, September 29, 2023

Insights Into Murphy Oil Corporation (MUR) Exposure By Institutions

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Murphy Oil Corporation (MUR) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.23, or -0.50%, to $46.17. The Murphy Oil Corporation has recorded 19,948 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Murphy Oil Corporation to Participate in Upcoming Conference.

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Stocks Info

Murphy Oil Corporation is listed on the NYSE in the Energy sector while operating in the Oil & Gas E&P industry. At the end of the last regular session, the stock closed at $46.40 and fluctuated between $46.51 as its day high and $45.48 as its day low. The current market capitalization of Murphy Oil Corporation is $7.21B. A total of 1.14 million shares were traded on the day, compared to an average of 1.63M shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, MUR has seen 0 BUY and 2 SELL insider trades, representing the acquisition of 0 and the disposition of 110,000 shares. Over the last 12 months, there were 42 BUYs and 49 SELLs from insiders. Insiders purchased 802,193 shares during that period but sold 809,509.

In the most recent transaction, MURPHY ROBERT MADISON sold 100,000 shares of MUR for 43.30 per share on Aug 08. After the transaction, the Director now owns 1,499,831 company shares. In a previous transaction on Aug 08, GARDNER JOHN B sold 10,000 shares at 42.95 per share. MUR shares that Vice President owns now total 19,895.

Among the insiders who sold shares, MIRELES THOMAS J disposed of 14,500 shares on May 18 at a per-share price of $35.14. This resulted in the Executive Vice President & CFO holding 58,372 shares of MUR after the transaction. In another insider transaction, Utsch Louis W sold 10,902 shares at $43.50 per share on Feb 14. Company shares held by the Vice President now total 9,504.


The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Murphy Oil Corporation pays an annual dividend of $1.10, resulting in a dividend yield of 2.37%, and it has a price to earnings (P/E) ratio of 7.17. MUR’s most recent ex-dividend date was 8/11/2023 when it declared a $0.2750 quarterly dividend that was paid in cash on 9/1/2023. Previously, the company paid the dividend on 6/1/2023 with an ex-dividend date of 5/12/2023. The MUR stock dividend was $0.2750 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for MUR in the last 3 months, the mean price target is $50.41 with high estimates of $67.00 and low estimates of $39.00. In terms of 52-week highs and lows, MUR has a high of $51.28 and a low of $31.90.

As of this writing, MUR has an earnings estimate of $1.14 per share for the current quarter. EPS was calculated based on a consensus of 14 estimates, with a high estimate of $1.55 per share and a lower estimate of $0.83. The company reported an EPS of $1.24 in the last quarter, which was 26.50% higher than expectations of $0.98.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. MUR’s latest balance sheet shows that the firm has $521.20M in Cash & Short Term Investments as of fiscal 2021. There were $2.47B in debt and $1.16B in liabilities at the time. Its Book Value Per Share was $33.53, while its Total Shareholder’s Equity was $4.32B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MUR is Buy with a score of 4.23.

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