MUR stock icon

Murphy Oil
MUR

$40.26
0.17%

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

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
7%
upside
Avg. target
$53
31%
upside
High target
$59
47%
upside

14 analyst ratings

11 positive
79%
neutral
21%
negative
0%
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

Financial journalist opinion