MUR stock icon

Murphy Oil
MUR

$39.51
0.5%
 

About: Murphy Oil is an oil and gas exploration and production company, with both onshore and offshore operations and properties. It operates in two geographic reportable segments the United States and Canada. It generates the majority of its revenue form the United States.

Employees: 725

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 14 analysts
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

9% more capital invested

Capital invested by funds: $5.09B [Q4 2023] → $5.56B (+$469M) [Q1 2024]

2.5% more ownership

Funds ownership: 77.28% [Q4 2023] → 79.79% (+2.5%) [Q1 2024]

1% less funds holding

Funds holding: 408 [Q4 2023] → 404 (-4) [Q1 2024]

3% less repeat investments, than reductions

Existing positions increased: 139 | Existing positions reduced: 143

3% less call options, than puts

Call options by funds: $20.7M | Put options by funds: $21.4M

7% less first-time investments, than exits

New positions opened: 57 | Existing positions closed: 61

60% less funds holding in top 10

Funds holding in top 10: 5 [Q4 2023] → 2 (-3) [Q1 2024]

Research analyst outlook

14 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$43
9%
upside
Avg. target
$53
33%
upside
High target
$59
49%
upside

14 analyst ratings

11 positive
79%
neutral
21%
negative
0%
Mizuho
William Janela
49%upside
$59
Buy
Maintained
13 May 2024
Keybanc
Tim Rezvan
37%upside
$54
Overweight
Maintained
22 Apr 2024
Piper Sandler
Mark Lear
39%upside
$55
Overweight
Maintained
19 Apr 2024
Mizuho
William Janela
39%upside
$55
Buy
Maintained
15 Apr 2024
Scotiabank
Paul Cheng
27%upside
$50
Sector Perform
Downgraded
11 Apr 2024

Financial journalist opinion