Murphy Oil Corp (NYSE: MUR) – Does It Provide Stability And Growth?

AMAT

Murphy Oil Corp (NYSE:MUR) shares, rose in value, with the stock price up by 2.72% to the previous day’s close as strong demand from buyers drove the stock to $21.15.

Actively observing the price movement in the recent trading, the stock is buoying the session at $20.59, falling within a range of $20.97 and $21.36. The value of beta (5-year monthly) is 1.672 whereas the PE ratio is 7.87 over 12-month period. Referring to stock’s 52-week performance, its high was $46.90, and the low was $18.94. On the whole, MUR has fluctuated by -21.96% over the past month.

With the market capitalization of Murphy Oil Corp currently standing at about $3.02 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Jan-29. The company’s Forward Dividend Ratio is 1.23, with its dividend yield at 5.79%.

Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.82B, with a low estimate of 631M and a high estimate of 721M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 676.33M.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that MUR’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.

The stock’s technical analysis shows that the PEG ratio is about 0.58, with the price of MUR currently trading nearly -13.41% and -17.76% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 39.65, while the 7-day volatility ratio is showing 7.64% which for the 30-day chart, stands at 6.67%. Furthermore, Murphy Oil Corp (MUR)’s beta value is 1.15, and its average true range (ATR) is 1.63.

A comparison of Murphy Oil Corp (MUR) with its peers suggests the former has fared considerably weaker in the market. MUR showed an intraday change of 2.72% in today’s session so far, and over the past year, it shrunk by -53.97%%.

Data on historical trading for Murphy Oil Corp (NYSE:MUR) indicates that the trading volumes over the past 10 days have averaged 4.67 and over the past 3 months, they’ve averaged 3.37 million. According to company’s latest data on outstanding shares, there are 145.85 million shares outstanding.

Nearly 5.78% of Murphy Oil Corp’s shares belong to company insiders and institutional investors own 85.65% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 19.64 million shares as on 2025-03-31, resulting in a short ratio of 5.57. According to the data, the short interest in Murphy Oil Corp (MUR) stood at 2042.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 19.53 million. The stock has fallen by -30.11% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the MUR stock heading into the next quarter.

Most Popular