Murphy OilMUR
Market Cap: $5.28B
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 Q2 SEC filings by fund managers ($100M+ AUM)
68% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 38
50% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 3 (+1) [Q2]
20% more repeat investments, than reductions
Existing positions increased: 164 | Existing positions reduced: 137
6% more funds holding
Funds holding: 408 [Q1] → 434 (+26) [Q2]
0.03% more ownership
Funds ownership: 80.72% [Q1] → 80.75% (+0.03%) [Q2]
7% less call options, than puts
Call options by funds: $25.8M | Put options by funds: $27.8M
10% less capital invested
Capital invested by funds: $5.63B [Q1] → $5.08B (-$546M) [Q2]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Wells Fargo Roger Read 29% 1-year accuracy 22 / 76 met price target | 19%upside $41 | Equal-Weight Maintained | 23 Aug 2024 |
Piper Sandler Mark Lear 24% 1-year accuracy 17 / 71 met price target | 27%upside $44 | Overweight Maintained | 15 Aug 2024 |
JP Morgan Arun Jayaram 6% 1-year accuracy 1 / 17 met price target | 36%upside $47 | Neutral Downgraded | 15 Aug 2024 |
UBS Josh Silverstein 22% 1-year accuracy 8 / 37 met price target | 30%upside $45 | Neutral Maintained | 13 Aug 2024 |
Barclays Betty Jiang 47% 1-year accuracy 7 / 15 met price target | 33%upside $46 | Equal-Weight Maintained | 12 Aug 2024 |
Financial journalist opinion
Based on 7 articles about MUR published over the past 30 days