$-0.02 EPS Expected for Murphy Oil Corporation (MUR)

December 26, 2017 – By Hazel Jackson

Investors sentiment decreased to 0.86 in Q3 2017. Its down 0.25, from 1.11 in 2017Q2. It worsened, as 57 investors sold Murphy Oil Corporation shares while 100 reduced holdings. 45 funds opened positions while 90 raised stakes. 164.72 million shares or 1.46% less from 167.16 million shares in 2017Q2 were reported.
Pennsylvania-based Sei Invests has invested 0% in Murphy Oil Corporation (NYSE:MUR). Wealthtrust has 174 shares. Kings Point Capital Mngmt stated it has 0.01% in Murphy Oil Corporation (NYSE:MUR). Convergence Investment Prtn Limited Com stated it has 37,900 shares or 0.14% of all its holdings. Us Financial Bank De owns 70,215 shares or 0.01% of their US portfolio. Ellington Mgmt Group Inc Llc holds 0.07% in Murphy Oil Corporation (NYSE:MUR) or 14,500 shares. Clearbridge Investments Lc holds 0.01% of its portfolio in Murphy Oil Corporation (NYSE:MUR) for 358,266 shares. Virginia Retirement Et Al has invested 0.1% in Murphy Oil Corporation (NYSE:MUR). California State Teachers Retirement System has invested 0.02% in Murphy Oil Corporation (NYSE:MUR). Ww Asset Mngmt Inc invested in 0.01% or 14,155 shares. Teachers Retirement Of The State Of Kentucky holds 0.01% or 29,300 shares in its portfolio. Federated Pa holds 136,917 shares or 0.01% of its portfolio. Hermes Inv Mgmt Ltd reported 0.01% of its portfolio in Murphy Oil Corporation (NYSE:MUR). State Of New Jersey Common Pension Fund D stated it has 0.02% of its portfolio in Murphy Oil Corporation (NYSE:MUR). Tudor Investment Corporation Et Al has 0.03% invested in Murphy Oil Corporation (NYSE:MUR).

Since August 7, 2017, it had 0 insider purchases, and 2 insider sales for $201,389 activity. MISNER ALLAN J. had sold 3,795 shares worth $98,860.

Analysts expect Murphy Oil Corporation (NYSE:MUR) to report $-0.02 EPS on January, 24.They anticipate $0.14 EPS change or 87.50 % from last quarter’s $-0.16 EPS. After having $-0.03 EPS previously, Murphy Oil Corporation’s analysts see -33.33 % EPS growth. The stock increased 2.63% or $0.82 during the last trading session, reaching $31.98. About 1.46 million shares traded. Murphy Oil Corporation (NYSE:MUR) has declined 8.71% since December 27, 2016 and is downtrending. It has underperformed by 25.41% the S&P500.

Murphy Oil Corporation (NYSE:MUR) Ratings Coverage

Among 13 analysts covering Murphy Oil Corporation (NYSE:MUR), 0 have Buy rating, 2 Sell and 11 Hold. Therefore 0 are positive. Murphy Oil Corporation had 37 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Sector Perform” rating by Iberia Capital Partners given on Friday, February 12. The firm earned “Hold” rating on Friday, September 15 by Cowen & Co. The company was downgraded on Tuesday, July 11 by Barclays Capital. As per Friday, July 31, the company rating was downgraded by Oppenheimer. The firm has “Hold” rating by Piper Jaffray given on Friday, November 3. The stock of Murphy Oil Corporation (NYSE:MUR) earned “Hold” rating by Piper Jaffray on Tuesday, August 8. The company was maintained on Tuesday, January 12 by Barclays Capital. The firm earned “Overweight” rating on Wednesday, July 13 by Barclays Capital. The company was initiated on Monday, December 11 by Credit Suisse. The firm earned “Hold” rating on Friday, May 5 by Scotia Capital.

Murphy Oil Corporation operates as an gas and oil exploration and production firm worldwide. The company has market cap of $5.52 billion. It explores for and produces crude oil, natural gas, and natural gas liquids. It currently has negative earnings. The firm was formerly known as Murphy Corporation and changed its name to Murphy Oil Corporation in 1964.