Murphy Oil Corporation (MUR) : During the past 4 weeks, traders have been relatively bearish on Murphy Oil Corporation (MUR), hence the stock is down -11.07% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -6.76% relative to the S&P 500. The 4-week change in the price of the stock is -12.87% and the stock has fallen -6.26% in the past 1 week.
The stock has recorded a 20-day Moving Average of 6.74% and the 50-Day Moving Average is 8.15%.The 200 Day SMA reached 2.56% Murphy Oil Corporation has dropped 9.92% during the last 3-month period . Year-to-Date the stock performance stands at 21.63%.
Murphy Oil Corporation (MUR) : The consensus price target for Murphy Oil Corporation (MUR) is $32.63 for the short term with a standard deviation of $6.72. The most optimist securities analyst among the 8 who monitor the stock believes that the stock can reach $44, however, the pessimist price target for the company is $26.
Company shares have received an average consensus rating of Hold for the current week Murphy Oil Corporation (NYSE:MUR): The stock opened at $25.22 and touched an intraday high of $26.28 on Friday. During the day, the stock corrected to an intraday low of $25.17, however, the bulls stepped in and pushed the price higher to close in the green at $26.19 with a gain of 1.16% for the day. The total traded volume for the day was 3,953,553. The stock had closed at $25.89 in the previous trading session.
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 151,647 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.