Murphy Oil Corporation (MUR) : On Friday, The money flowed into the Murphy Oil Corporation (MUR) stock with an uptick to downtick ratio was recorded at 1.6. Transactions worth $20.61 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $12.92 million. The total money flow into the stock was $7.69 million. The block trades reveal a bullish bias with an up-down ratio of 21.79. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $6.69 million of block transactions on upticks. The value of block trades on downticks was $0.31 million, indicating lower selling interest. The total money flow in block trades was $6.38 million. In terms of price action, Murphy Oil Corporation (MUR) traded down $0.33 during the session at $26.39. Compared to the previous days closing, the stock was down only by -1.24%. For the week, the stock is -8.5%, over previous weeks closing.
The company Insiders own 6.39% of Murphy Oil Corporation shares according to the proxy statements. Institutional Investors own 93.01% of Murphy Oil Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -98.83%.
In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Murphy Oil Corp /De, Murphy Robert Madison, had purchased 36,803 shares in a transaction dated on August 8, 2016. The transaction was executed at $25.82 per share with total amount equaling $950,253.
Murphy Oil Corporation (NYSE:MUR): The stock opened at $26.64 and touched an intraday high of $27.24 on Friday. During the day, the stock corrected to an intraday low of $26.62, however, the bulls stepped in and pushed the price higher to close in the green at $26.8 with a gain of 1.55% for the day. The total traded volume for the day was 3,146,029. The stock had closed at $26.39 in the previous trading session.
Murphy Oil Corporation (MUR) : During the past 4 weeks, traders have been relatively bearish on Murphy Oil Corporation (MUR), hence the stock is down -3.54% 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 -7.54% relative to the S&P 500. The 4-week change in the price of the stock is -3.67% and the stock has fallen -7.07% in the past 1 week.
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.