Murphy Oil Corporation (MUR) Given Daily Media Sentiment Rating of 0.11
Headlines about Murphy Oil Corporation (NYSE:MUR) have trended somewhat positive recently, Accern reports. Accern ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Murphy Oil Corporation earned a coverage optimism score of 0.11 on Accern’s scale. Accern also assigned news stories about the oil and gas producer an impact score of 46.176980979678 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the news stories that may have impacted Accern’s scoring:
- Supreme Court Oral Argument on Workers Rights (tvlistings.zap2it.com)
- Consorcio Murphy Ophir PC Carigali Sierra (bnamericas.com)
- Murphy Oil Corporation (MUR) Receives Average Recommendation of “Hold” from Analysts (americanbankingnews.com)
- Stop Chasing High Dividends: Murphy Oil Corporation (MUR) generates Yield of 3.87% – Voice Of Analysts (analystsbuzz.com)
- Zacks: Analysts Anticipate Murphy Oil Corporation (MUR) Will Announce Quarterly Sales of $479.43 Million (americanbankingnews.com)
Shares of Murphy Oil Corporation (NYSE:MUR) opened at 25.64 on Friday. The firm’s market cap is $4.42 billion. The company’s 50 day moving average is $25.33 and its 200 day moving average is $25.70. Murphy Oil Corporation has a 52-week low of $22.21 and a 52-week high of $35.19.
Murphy Oil Corporation (NYSE:MUR) last posted its earnings results on Wednesday, August 2nd. The oil and gas producer reported ($0.11) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.15) by $0.04. The business had revenue of $474.50 million for the quarter, compared to analyst estimates of $495.03 million. Murphy Oil Corporation had a negative net margin of 1.83% and a negative return on equity of 1.76%. During the same quarter in the prior year, the firm posted ($0.36) EPS. Analysts anticipate that Murphy Oil Corporation will post ($0.29) earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Friday, December 1st. Investors of record on Monday, November 13th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 3.90%. The ex-dividend date of this dividend is Friday, November 10th. Murphy Oil Corporation’s dividend payout ratio (DPR) is presently -454.55%.
MUR has been the topic of several recent research reports. Barclays PLC cut shares of Murphy Oil Corporation from an “overweight” rating to an “equal weight” rating and lowered their target price for the stock from $38.00 to $29.00 in a report on Tuesday, July 11th. Scotiabank set a $26.00 target price on shares of Murphy Oil Corporation and gave the stock a “hold” rating in a report on Saturday, July 1st. Piper Jaffray Companies reaffirmed a “hold” rating and set a $31.00 target price on shares of Murphy Oil Corporation in a report on Thursday, August 10th. BidaskClub raised shares of Murphy Oil Corporation from a “sell” rating to a “hold” rating in a report on Monday, July 31st. Finally, ValuEngine raised shares of Murphy Oil Corporation from a “sell” rating to a “hold” rating in a report on Friday, July 28th. Four analysts have rated the stock with a sell rating, eight have given a hold rating and one has given a buy rating to the stock. Murphy Oil Corporation presently has a consensus rating of “Hold” and a consensus price target of $30.70.
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In related news, VP Allan J. Misner sold 3,795 shares of the company’s stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $26.05, for a total transaction of $98,859.75. Following the sale, the vice president now owns 100 shares of the company’s stock, valued at approximately $2,605. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Kelli M. Hammock sold 4,000 shares of the company’s stock in a transaction that occurred on Friday, August 11th. The stock was sold at an average price of $25.63, for a total transaction of $102,520.00. Following the sale, the insider now directly owns 14,298 shares in the company, valued at approximately $366,457.74. The disclosure for this sale can be found here. Corporate insiders own 6.89% of the company’s stock.
Murphy Oil Corporation Company Profile
Murphy Oil Corporation (Murphy) is an oil and gas exploration and production company. The Company’s exploration and production business explores for and produces crude oil, natural gas and natural gas liquids across the world. Its exploration and production activities are subdivided into four geographic segments: the United States, Canada, Malaysia and all other countries.
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