Analysts are on the Bearish side about Murphy Oil Corporation (NYSE:MUR) this week.

April 17, 2018 - By Winifred Garcia

Murphy Oil Corporation (NYSE:MUR) LogoInvestors sentiment increased to 0.91 in 2017 Q4. Its up 0.05, from 0.86 in 2017Q3. It increased, as 47 investors sold Murphy Oil Corporation shares while 92 reduced holdings. 44 funds opened positions while 82 raised stakes. 156.61 million shares or 4.92% less from 164.72 million shares in 2017Q3 were reported.
Laurion Capital Mgmt Lp has 106,235 shares for 0.02% of their portfolio. Prudential Fincl, New Jersey-based fund reported 324,569 shares. Van Den Berg Mgmt I holds 0.64% in Murphy Oil Corporation (NYSE:MUR) or 183,645 shares. Glg Limited Liability Company stated it has 8,928 shares. Morgan Stanley owns 485,526 shares. Moreover, Evercore Wealth Ltd Co has 0% invested in Murphy Oil Corporation (NYSE:MUR). Walleye Trading Limited has invested 0% of its portfolio in Murphy Oil Corporation (NYSE:MUR). Umb Comml Bank N A Mo holds 0.01% of its portfolio in Murphy Oil Corporation (NYSE:MUR) for 14,307 shares. Pacad Investment Ltd reported 8,400 shares. New York-based Jpmorgan Chase And Com has invested 0% in Murphy Oil Corporation (NYSE:MUR). Hgk Asset Mgmt, a New Jersey-based fund reported 373,047 shares. State Treasurer State Of Michigan has 0.01% invested in Murphy Oil Corporation (NYSE:MUR). Retirement Systems Of Alabama accumulated 0.07% or 434,576 shares. Verition Fund Mgmt Ltd Liability Co has invested 0.14% in Murphy Oil Corporation (NYSE:MUR). Horrell Cap Mgmt Incorporated has invested 0.46% in Murphy Oil Corporation (NYSE:MUR).

Since February 2, 2018, it had 0 insider purchases, and 1 insider sale for $965,516 activity.

Murphy Oil Corporation (NYSE:MUR) Ratings Coverage

Among 7 analysts covering Murphy Oil (NYSE:MUR), 1 have Buy rating, 1 Sell and 5 Hold. Therefore 14% are positive. Murphy Oil had 13 analyst reports since October 18, 2017 according to SRatingsIntel. Barclays Capital maintained it with “Equal-Weight” rating and $34 target in Friday, February 2 report. The stock of Murphy Oil Corporation (NYSE:MUR) has “Hold” rating given on Monday, December 11 by Credit Suisse. The rating was maintained by Piper Jaffray on Tuesday, January 23 with “Hold”. The firm earned “Hold” rating on Thursday, January 18 by Cowen & Co. Cowen & Co maintained it with “Hold” rating and $30.0 target in Thursday, October 19 report. The company was maintained on Tuesday, March 13 by Stephens. The rating was maintained by Piper Jaffray with “Hold” on Monday, February 5. The rating was maintained by Piper Jaffray with “Hold” on Tuesday, November 21. Stephens maintained the shares of MUR in report on Monday, January 22 with “Buy” rating. Morgan Stanley maintained it with “Underweight” rating and $26 target in Wednesday, October 18 report. Below is a list of Murphy Oil Corporation (NYSE:MUR) latest ratings and price target changes.

13/03/2018 Broker: Stephens Rating: Buy New Target: $34.0 Maintain
07/03/2018 Broker: UBS Rating: Neutral New Target: $28 Initiates Coverage On
05/02/2018 Broker: Piper Jaffray Rating: Hold New Target: $33.0 Maintain
02/02/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $29 New Target: $34 Maintain
23/01/2018 Broker: Piper Jaffray Rating: Hold New Target: $34.0 Maintain
24/01/2018 Broker: Morgan Stanley Old Rating: Underweight New Rating: Underweight Old Target: $26 New Target: $33 Maintain
22/01/2018 Broker: Stephens Rating: Buy New Target: $37.0 Maintain
18/01/2018 Broker: Cowen & Co Rating: Hold New Target: $34.0 Maintain
11/12/2017 Broker: Credit Suisse Rating: Hold New Target: $30.0 Initiate
21/11/2017 Broker: Piper Jaffray Rating: Hold New Target: $28.0 Maintain

The stock increased 0.80% or $0.23 during the last trading session, reaching $28.9. About 941,502 shares traded. Murphy Oil Corporation (NYSE:MUR) has declined 2.02% since April 17, 2017 and is downtrending. It has underperformed by 13.57% the S&P500.

Murphy Oil Corporation operates as an gas and oil exploration and production firm worldwide. The company has market cap of $5.00 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.

Murphy Oil Corporation (NYSE:MUR) Institutional Positions Chart

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