Murphy Oil Corporation – Consensus Indicates Potential 25.4% Upside

Broker Ratings
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Murphy Oil Corporation found using ticker (MUR) have now 13 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 68 and 38 with a mean TP of 50.62. Given that the stocks previous close was at 40.38 this would indicate that there is a potential upside of 25.4%. The day 50 moving average is 39.56 and the 200 moving average now moves to 32.15. The market capitalisation for the company is $5,820m. Find out more information at: https://www.murphyoilcorp.com

The potential market cap would be $7,296m based on the market concensus.

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.

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