After Hours
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Yahoo Finance discussed the stock recently as it posted Murphy Oil Corporation Promotes Eric M. Hambly to Position of President and Chief Operating Officer and E. Ted Botner to Executive Vice President.
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Stocks Info
As a NYSE listed company, MUR falls under the Energy sector while operating within the Oil & Gas E&P industry segment. At the end of the last regular session, the stock closed at $39.47 and fluctuated between $39.85 as its day high and $38.77 as its day low. The current market capitalization of Murphy Oil Corp. is $6.10B. A total of 1.13 million shares were traded on the day, compared to an average of 1.79M shares.
Insider Activity
Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, MUR has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 5 BUYs and 6 SELLs from insiders. Insiders purchased 108,053 shares during that period but sold 176,983.
In the most recent transaction, Keller Elisabeth W sold 1,116 shares of MUR for 45.49 per share on Sep 20. After the transaction, the Director now owns 7,151 company shares. In a previous transaction on Aug 08, MURPHY ROBERT MADISON sold 100,000 shares at 43.30 per share. MUR shares that Director owns now total 1,499,831.
Among the insiders who sold shares, GARDNER JOHN B disposed of 10,000 shares on Aug 08 at a per-share price of $42.95. This resulted in the Vice President holding 19,895 shares of MUR after the transaction. In another insider transaction, MIRELES THOMAS J sold 14,500 shares at $35.14 per share on May 18. Company shares held by the Executive Vice President & CFO now total 58,372.
Dividend
Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Murphy Oil Corp. pays an annual dividend of $1.12, resulting in a dividend yield of 2.85%, and it has a price to earnings (P/E) ratio of 9.35. MUR’s most recent ex-dividend date was 2/16/2024 when it declared a $0.30 quarterly dividend that was paid in cash on 3/4/2024. Previously, the company paid the dividend on 12/1/2023 with an ex-dividend date of 11/10/2023. The MUR stock dividend was $0.2750 per share in cash.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for MUR in the last 3 months, the mean price target is $48.18 with high estimates of $60.00 and low estimates of $41.00. In terms of 52-week highs and lows, MUR has a high of $48.47 and a low of $32.80.
As of this writing, MUR has an earnings estimate of $0.85 per share for the current quarter. EPS was calculated based on a consensus of 16 estimates, with a high estimate of $1.04 per share and a lower estimate of $0.58. The company reported an EPS of $1.59 in the last quarter, which was 10.40% higher than expectations of $1.44.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. MUR’s latest balance sheet shows that the firm has $521.18M in Cash & Short Term Investments as of fiscal 2021. There were $3.37B in debt and $1.16B in liabilities at the time. Its Book Value Per Share was $34.57, while its Total Shareholder’s Equity was $4.32B.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. 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 4.14.
