Murphy Oil Corporation which can be found using ticker (MUR) have now 14 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 61 and 34 calculating the mean target price we have $49.43. Given that the stocks previous close was at $36.77 this indicates there is a potential upside of 34.4%. It’s also worth noting that there is a 50 day moving average of $39.65 while the 200 day moving average is $39.50. The market capitalization for the company is $5,807m. Find out more information at: https://www.murphyoilcorp.com
The potential market cap would be $7,806m 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 2.99% with the ex dividend date set at 10-2-2023 (DMY).
Other points of data to note are a P/E ratio of 6.06, revenue per share of 25.12 and a 9.9% return on assets.
