Murphy Oil Corporation (MUR) : Grace White Inc Ny reduced its stake in Murphy Oil Corporation by 10.03% during the most recent quarter end. The investment management company now holds a total of 346,150 shares of Murphy Oil Corporation which is valued at $9,920,659 after selling 38,585 shares in Murphy Oil Corporation , the firm said in a disclosure report filed with the SEC on Aug 10, 2016.Murphy Oil Corporation makes up approximately 2.18% of Grace White Inc Ny’s portfolio.
Other Hedge Funds, Including , New York State Common Retirement Fund reduced its stake in MUR by selling 224,330 shares or 29.34% in the most recent quarter. The Hedge Fund company now holds 540,153 shares of MUR which is valued at $15,480,785. Murphy Oil Corporation makes up approx 0.02% of New York State Common Retirement Fund’s portfolio. Chicago Equity Partners sold out all of its stake in MUR during the most recent quarter. The investment firm sold 282,500 shares of MUR which is valued $7,748,975. Strs Ohio sold out all of its stake in MUR during the most recent quarter. The investment firm sold 4,894 shares of MUR which is valued $136,053.Checchi Capital Advisers reduced its stake in MUR by selling 609 shares or 19.35% in the most recent quarter. The Hedge Fund company now holds 2,538 shares of MUR which is valued at $73,653. Murphy Oil Corporation makes up approx 0.02% of Checchi Capital Advisers’s portfolio.Benjamin F. Edwards Company boosted its stake in MUR in the latest quarter, The investment management firm added 2 additional shares and now holds a total of 960 shares of Murphy Oil Corporation which is valued at $30,624. Murphy Oil Corporation makes up approx 0.01% of Benjamin F. Edwards Company’s portfolio.
Murphy Oil Corporation closed down -0.41 points or -1.35% at $30.06 with 23,48,458 shares getting traded on Friday. Post opening the session at $30.21, the shares hit an intraday low of $29.585 and an intraday high of $30.25 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
On the company’s financial health, Murphy Oil Corporation reported $-0.36 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Jul 27, 2016. Analyst had a consensus of $-0.39.Analysts expectations of $ 462.53.During the same quarter in the previous year, the company posted $-0.48 EPS.
Many Wall Street Analysts have commented on Murphy Oil Corporation. Murphy Oil Corporation was Upgraded by Raymond James to ” Mkt Perform” on Jun 20, 2016.
Murphy Oil Corporation is an oil and gas exploration and production company. The Companys exploration and production business explores for and produces crude oil natural gas and natural gas liquids across the world. This business maintains upstream operating offices in locations including Calgary Alberta and Kuala Lumpur Malaysia. The Companys crude oil condensate and natural gas liquids production as of 2014 averaged 151647 barrels per day. The Company has operations in United States Canada Malaysia and all other countries including Australia Brunei Vietnam Suriname Cameroon and Equatorial Guinea among others. As of December 31 2014 total United States proved reserves were 204.9 million barrels of crude oil 29.1 million barrels of natural gas liquids and 226 billion cubic feet of natural gas. In Canada it owns an interest in three non-operated assets the Hibernia and Terra Nova fields offshore Newfoundland in the Jeanne dArc Basin and Syncrude Canada Ltd.