Murphy Oil Corporation (MUR) Given Daily News Impact Score of 0.15
Media headlines about Murphy Oil Corporation (NYSE:MUR) have been trending somewhat positive on Thursday, according to Accern Sentiment Analysis. The research firm rates the sentiment of media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Murphy Oil Corporation earned a coverage optimism score of 0.15 on Accern’s scale. Accern also assigned press coverage about the oil and gas producer an impact score of 45.7469597266362 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:
- Is Murphy Oil Corporation (MUR) Stock is Risky? – Stocks Gallery (stocksgallery.com)
- Murphy Oil Corporation (MUR) Holdings Increased by Pzena Investment Management LLC (techkenyot.com)
- Zacks: Brokerages Anticipate Murphy Oil Corporation (MUR) Will Post Quarterly Sales of $483.59 Million (americanbankingnews.com)
- Watch for Murphy Oil Corp to Potentially Rebound After Falling 2.02% Yesterday (mysmartrend.com)
- Stock Price Performance Review for Murphy Oil Corporation (NYSE:MUR) – Jonesboro Recorder (jonesbororecorder.com)
A number of analysts have weighed in on the company. Simmons increased their price target on Murphy Oil Corporation from $31.00 to $33.00 and gave the stock a “neutral” rating in a report on Wednesday, April 19th. BidaskClub upgraded Murphy Oil Corporation from a “sell” rating to a “hold” rating in a report on Monday, July 31st. Royal Bank Of Canada set a $32.00 price target on Murphy Oil Corporation and gave the stock a “hold” rating in a report on Tuesday, April 25th. ValuEngine raised shares of Murphy Oil Corporation from a “sell” rating to a “hold” rating in a research report on Friday, July 28th. Finally, Scotiabank reissued a “hold” rating and set a $30.00 price objective on shares of Murphy Oil Corporation in a research report on Thursday, May 4th. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and one has issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $31.55.
Murphy Oil Corporation (NYSE MUR) traded down 2.27% on Thursday, reaching $24.08. 2,018,896 shares of the company were exchanged. Murphy Oil Corporation has a 12-month low of $23.61 and a 12-month high of $35.19. The firm’s market capitalization is $4.16 billion. The firm has a 50-day moving average of $25.50 and a 200 day moving average of $26.49.
Murphy Oil Corporation (NYSE:MUR) last announced its earnings results on Wednesday, August 2nd. The oil and gas producer reported ($0.11) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.15) by $0.04. Murphy Oil Corporation had a negative net margin of 1.83% and a negative return on equity of 1.76%. The business had revenue of $474.50 million during the quarter, compared to analysts’ expectations of $495.03 million. During the same period in the prior year, the company earned ($0.36) earnings per share. On average, equities analysts predict that Murphy Oil Corporation will post ($0.27) earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 1st. Stockholders of record on Monday, August 14th will be paid a $0.25 dividend. The ex-dividend date of this dividend is Thursday, August 10th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.15%. Murphy Oil Corporation’s dividend payout ratio (DPR) is presently -454.55%.
In related news, insider Kelli M. Hammock sold 4,000 shares of the firm’s stock in a transaction on Friday, August 11th. The shares were sold at an average price of $25.63, for a total transaction of $102,520.00. Following the completion of the transaction, the insider now directly owns 14,298 shares of the company’s stock, valued at $366,457.74. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Allan J. Misner sold 3,795 shares of the firm’s stock in a transaction 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 transaction, the vice president now directly owns 100 shares of the company’s stock, valued at $2,605. The disclosure for this sale can be found here. Over the last three months, insiders sold 8,795 shares of company stock valued at $225,390. Corporate insiders own 6.89% of the company’s stock.
About Murphy Oil Corporation
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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