Murphy Oil Corp (MUR) concluded trading on Wednesday at a closing price of $32.77, with 3.49 million shares of worth about $114.25 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -18.66% during that period and on January 08, 2025 the price saw a gain of about 3.57%. Currently the company’s common shares owned by public are about 145.84M shares, out of which, 137.79M shares are available for trading.
Stock saw a price change of 8.29% in past 5 days and over the past one month there was a price change of 9.31%. Year-to-date (YTD), MUR shares are showing a performance of 8.29% which decreased to -20.35% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $27.75 but also hit the highest price of $49.14 during that period. The average intraday trading volume for Murphy Oil Corp shares is 1.58 million. The stock is currently trading 9.79% above its 20-day simple moving average (SMA20), while that difference is up 4.73% for SMA50 and it goes to -13.28% lower than SMA200.
Murphy Oil Corp (NYSE: MUR) currently have 145.84M outstanding shares and institutions hold larger chunk of about 84.73% of that.
The stock has a current market capitalization of $4.78B and its 3Y-monthly beta is at 2.14. PE ratio of stock for trailing 12 months is 10.59, while it has posted earnings per share of $3.09 in the same period. Its PEG reads 0.81 and has Quick Ratio of 0.65 while making debt-to-equity ratio of 0.41. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MUR, volatility over the week remained 2.93% while standing at 2.59% over the month.
Stock’s fiscal year EPS is expected to drop by -32.17% while it is estimated to increase by 11.61% in next year. EPS is likely to grow at an annualized rate of 13.00% for next 5-years, compared to annual growth of 12.35% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by JP Morgan on August 15, 2024 offering a Neutral rating for the stock and assigned a target price range of between $50 and $47 to it. On April 11, 2024, Scotiabank Downgrade their recommendations, while on April 10, 2024, Barclays Initiated their ratings for the stock with a price target of $54. Stock get a Buy rating from ROTH MKM on March 20, 2024.
