Murphy Oil Corp. (MUR) Stock: Evaluating the Market Performance

The price-to-earnings ratio for Murphy Oil Corp. (NYSE: MUR) is 11.09x, which is above its average ratio. Moreover, the 36-month beta value for MUR is 2.25. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 2 as “overweight,” 10 as “hold,” and 2 as “sell.”

The public float for MUR is 143.92M and currently, short sellers hold a 4.34% of that float. On July 25, 2024, MUR’s average trading volume was 1.36M shares.

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MUR) stock’s latest price update

The stock price of Murphy Oil Corp. (NYSE: MUR) has dropped by -1.41 compared to previous close of 40.36. Despite this, the company has seen a fall of -5.42% in its stock price over the last five trading days. marketbeat.com reported 2024-06-25 that There has to be a reason why Stanley Druckenmiller—the guy who traded shoulder-to-shoulder with George Soros—decided to make a radical move in the past couple of weeks. The legendary investor saw it fit to sell out of his previous NVIDIA Co. NASDAQ: NVDA holdings and instead look to buy exposure in small-cap stocks through the iShares Russell 2000 ETF NYSEARCA: IWM.

MUR’s Market Performance

Murphy Oil Corp. (MUR) has seen a -5.42% fall in stock performance for the week, with a -3.16% decline in the past month and a -13.80% plunge in the past quarter. The volatility ratio for the week is 2.26%, and the volatility levels for the past 30 days are at 2.13% for MUR. The simple moving average for the last 20 days is -3.18% for MUR’s stock, with a simple moving average of -6.28% for the last 200 days.

Analysts’ Opinion of MUR

Barclays gave a rating of “Equal Weight” to MUR, setting the target price at $54 in the report published on April 10th of the current year.

MUR Trading at -3.51% from the 50-Day Moving Average

After a stumble in the market that brought MUR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -19.03% of loss for the given period.

Volatility was left at 2.13%, however, over the last 30 days, the volatility rate increased by 2.26%, as shares sank -2.88% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.06% lower at present.

During the last 5 trading sessions, MUR fell by -5.42%, which changed the moving average for the period of 200-days by -5.55% in comparison to the 20-day moving average, which settled at $41.04. In addition, Murphy Oil Corp. saw -6.73% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at MUR starting from Martinez Maria A, who sale 10,000 shares at the price of $43.35 back on Mar 14 ’24. After this action, Martinez Maria A now owns 40,590 shares of Murphy Oil Corp., valued at $433,550 using the latest closing price.

GARDNER JOHN B, the Vice President of Murphy Oil Corp., sale 40,000 shares at $40.82 during a trade that took place back on Mar 07 ’24, which means that GARDNER JOHN B is holding 25,302 shares at $1,632,992 based on the most recent closing price.

Stock Fundamentals for MUR

Current profitability levels for the company are sitting at:

  • 0.27 for the present operating margin
  • 0.54 for the gross margin

The net margin for Murphy Oil Corp. stands at 0.18. The total capital return value is set at 0.11. Equity return is now at value 10.77, with 5.67 for asset returns.

Based on Murphy Oil Corp. (MUR), the company’s capital structure generated 0.22 points at debt to capital in total, while cash flow to debt ratio is standing at 1.24. The debt to equity ratio resting at 0.28. The interest coverage ratio of the stock is 9.0.

Currently, EBITDA for the company is 1.61 billion with net debt to EBITDA at 0.97. When we switch over and look at the enterprise to sales, we see a ratio of 2.28. The receivables turnover for the company is 9.54for trailing twelve months and the total asset turnover is 0.35. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.93.

Conclusion

To wrap up, the performance of Murphy Oil Corp. (MUR) has been bad in recent times. The stock has received a bearish of “sell” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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