Press coverage about Murphy Oil (NYSE:MUR) has trended somewhat positive on Thursday, according to Accern. Accern rates the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Murphy Oil earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave news stories about the oil and gas producer an impact score of 46.8635857422961 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the media headlines that may have effected Accern Sentiment Analysis’s scoring:
- Murphy Oil (MUR) Downgraded by Zacks Investment Research to Hold (americanbankingnews.com)
- High Court rules monies seized from firms linked to associates of ‘Slab’ Murphy are proceeds of crime (irishexaminer.com)
- State sues tugboat company over anchor strike in Straits of Mackinac (mlive.com)
- Tugboat damaged Great Lakes pipelines: Official (abcnews.go.com)
- Three Covington businesses were caught selling beer to a minor – here’s who they are (covingtonleader.com)
A number of equities analysts recently weighed in on MUR shares. Zacks Investment Research downgraded shares of Murphy Oil from a “hold” rating to a “sell” rating in a report on Wednesday, January 3rd. Cowen set a $34.00 target price on shares of Murphy Oil and gave the stock a “hold” rating in a report on Thursday, January 18th. Stephens set a $37.00 target price on shares of Murphy Oil and gave the stock a “buy” rating in a report on Monday, January 22nd. Morgan Stanley boosted their target price on shares of Murphy Oil from $26.00 to $33.00 and gave the stock an “underweight” rating in a report on Wednesday, January 24th. Finally, ValuEngine downgraded shares of Murphy Oil from a “hold” rating to a “sell” rating in a report on Friday, February 2nd. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have given a buy rating to the stock. Murphy Oil currently has a consensus rating of “Hold” and an average price target of $31.69.
NYSE:MUR opened at $30.79 on Thursday. Murphy Oil has a one year low of $22.21 and a one year high of $35.16. The firm has a market capitalization of $4,947.67, a price-to-earnings ratio of -236.85 and a beta of 2.32. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.52 and a current ratio of 1.64.
Murphy Oil (NYSE:MUR) last released its quarterly earnings data on Wednesday, January 31st. The oil and gas producer reported $0.08 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.03) by $0.11. Murphy Oil had a negative net margin of 14.31% and a negative return on equity of 0.45%. The firm had revenue of $541.58 million for the quarter, compared to the consensus estimate of $552.54 million. During the same period in the previous year, the company earned ($0.16) earnings per share. The company’s quarterly revenue was up 12.5% on a year-over-year basis. analysts predict that Murphy Oil will post 0.88 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 1st. Shareholders of record on Monday, May 14th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Friday, May 11th. This represents a $1.00 annualized dividend and a dividend yield of 3.25%. Murphy Oil’s dividend payout ratio is currently -769.23%.
In other Murphy Oil news, insider Eugene T. Coleman sold 33,435 shares of the company’s stock in a transaction on Monday, February 5th. The shares were sold at an average price of $28.88, for a total value of $965,602.80. Following the transaction, the insider now directly owns 57,246 shares in the company, valued at $1,653,264.48. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 6.59% of the stock is owned by insiders.
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Murphy Oil Company Profile
Murphy Oil Corporation operates as an oil and gas exploration and production company worldwide. It explores for and produces crude oil, natural gas, and natural gas liquids. The company was formerly known as Murphy Corporation and changed its name to Murphy Oil Corporation in 1964. Murphy Oil Corporation was founded in 1950 and is headquartered in El Dorado, Arkansas.
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