Murphy Oil Corp. (MUR) Stock: Analyzing the Quarterly Movement

In the past week, MUR stock has gone up by 3.88%, with a monthly decline of -6.78% and a quarterly plunge of -8.99%. The volatility ratio for the week is 2.49%, and the volatility levels for the last 30 days are 2.45% for Murphy Oil Corp. The simple moving average for the last 20 days is -1.70% for MUR stock, with a simple moving average of -13.79% for the last 200 days.

Is It Worth Investing in Murphy Oil Corp. (NYSE: MUR) Right Now?

Murphy Oil Corp. (NYSE: MUR) has a price-to-earnings ratio of 9.31x that is above its average ratio. Additionally, the 36-month beta value for MUR is 2.20. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 2 rating it as “overweight,” 10 rating it as “hold,” and 2 rating it as “sell.”

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The public float for MUR is 142.36M and currently, short sellers hold a 6.82% ratio of that float. The average trading volume of MUR on September 18, 2024 was 1.64M shares.

MUR) stock’s latest price update

The stock of Murphy Oil Corp. (NYSE: MUR) has decreased by -0.00 when compared to last closing price of 35.36. Despite this, the company has experienced a 3.88% gain in its stock price over the last five trading sessions. businesswire.com reported 2024-08-28 that HOUSTON–(BUSINESS WIRE)–Murphy Oil Corporation (NYSE: MUR) today announced that Roger W. Jenkins, Chief Executive Officer, will present at the Barclays 38th Annual CEO Energy-Power Conference on Wednesday, September 4, 2024 at 3:00 p.m. Eastern Daylight Time (EDT). The webcast presentation will be available on the company’s website at http://ir.murphyoilcorp.com. ABOUT MURPHY OIL CORPORATION As an independent oil and natural gas exploration and production company, Murphy Oil Corporation belie.

Analysts’ Opinion of MUR

Many brokerage firms have already submitted their reports for MUR stocks, with JP Morgan repeating the rating for MUR by listing it as a “Neutral.” The predicted price for MUR in the upcoming period, according to JP Morgan is $47 based on the research report published on August 15, 2024 of the current year 2024.

MUR Trading at -6.97% 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 -28.04% of loss for the given period.

Volatility was left at 2.45%, however, over the last 30 days, the volatility rate increased by 2.49%, as shares sank -3.86% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.08% lower at present.

During the last 5 trading sessions, MUR rose by +3.94%, which changed the moving average for the period of 200-days by -17.28% in comparison to the 20-day moving average, which settled at $35.90. In addition, Murphy Oil Corp. saw -17.11% 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:

  • 0.28 for the present operating margin
  • 0.51 for the gross margin

The net margin for Murphy Oil Corp. stands at 0.19. The total capital return value is set at 0.11. Equity return is now at value 11.21, with 5.88 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 1.22. The debt to equity ratio resting at 0.29. The interest coverage ratio of the stock is 10.03.

Currently, EBITDA for the company is 1.61 billion with net debt to EBITDA at 1.03. When we switch over and look at the enterprise to sales, we see a ratio of 2.12. The receivables turnover for the company is 10.07for trailing twelve months and the total asset turnover is 0.34. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.82.

Conclusion

In conclusion, Murphy Oil Corp. (MUR) has seen bad performance in recent times. Analysts have a bearish opinion on the stock, with some rating it as a “sell” and others rating it as a “hold”. 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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