Murphy Oil Corp. (NYSE: MUR): Reassessing Prospects

Murphy Oil Corp. (MUR) concluded trading on Thursday at a closing price of $40.80, with 3.12 million shares of worth about $127.28 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -11.78% during that period and on Thursday the price saw a gain of […]

Murphy Oil Corp. (NYSE: MUR) Not A Good Play Anymore?

BlackRock Fund Advisors has recently announced that it has increased stake in Murphy Oil Corp. (NYSE:MUR) by 1.23%. After grabbing 17.16 million shares, the institutional investor is now in possession of 0.21 million shares of the Energy Company. The new investment brought the stake of investor firm to 11.11% having worth around $731.94 million. Moreover, […]