Murphy Oil Corporation which can be found using ticker (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 calculating the mean target price we have $49.86. Now with the previous closing price of $38.89 this would indicate that there is a potential upside of 28.2%. The 50 day MA is $38.84 and the 200 day MA is $39.67. The total market capitalization for the company now stands at $6,035m. You can visit the company’s website by visiting: https://www.murphyoilcorp.com
The potential market cap would be $7,737m 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 2.83% with the ex dividend date set at 12-5-2023 (DMY).
Other points of data to note are a P/E ratio of 6.3, revenue per share of 25.12 and a 9.9% return on assets.
