Murphy OilMUR
Market Cap: 6.14B
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
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
14 analyst ratings
Truist Securities Neal Dingmann | 37%upside $55 | Buy Maintained | 22 Jul 2024 |
Piper Sandler Mark Lear | 34%upside $54 | Overweight Maintained | 18 Jul 2024 |
Scotiabank Paul Cheng | 17%upside $47 | Sector Outperform Maintained | 12 Jul 2024 |
Mizuho William Janela | 47%upside $59 | Buy Maintained | 13 May 2024 |
Keybanc Tim Rezvan | 34%upside $54 | Overweight Maintained | 22 Apr 2024 |