Murphy Oil Corporation with ticker code (MUR) now have 14 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 68 and 34 suggesting an average Analsyt target price of $48.29. Given that the stocks previous close was at $37.99 and the analysts are correct then there would likely be a percentage uptick in value of 27.1%. Also worth taking note is the 50 day moving average now sits at $38.51 while the 200 day moving average is $39.87. The company has a market cap of $5,849m. Company Website: https://www.murphyoilcorp.com
The potential market cap would be $7,435m based on the market consensus.
Murphy Oil Corporation, together with its subsidiaries, operates as an oil and natural gas exploration and production company in the United States, Canada, and internationally. 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. The company was incorporated in 1950 and is headquartered in Houston, Texas.
The company has a dividend yield of 2.9% with the ex dividend date set at 12-5-2023 (DMY).
Other points of data to note are a P/E ratio of 6.1, revenue per share of 25.12 and a 9.9% return on assets.
