|Bid||23.97 x 900|
|Ask||23.98 x 1100|
|Day's Range||23.63 - 24.37|
|52 Week Range||17.04 - 33.21|
|Beta (3Y Monthly)||2.05|
|PE Ratio (TTM)||3.09|
|Earnings Date||Jan 29, 2020 - Feb 3, 2020|
|Forward Dividend & Yield||1.00 (4.20%)|
|1y Target Est||27.75|
Murphy Oil Corporation announced today that it has priced an offering of $550 million of 5.875% Senior Notes due 2027 pursuant to an effective shelf registration statement previously filed with the Securities and Exchange Commission .
Moody's Investors Service ("Moody's") assigned a Ba2 rating to Murphy Oil Corporation's (Murphy) proposed senior unsecured notes due 2027. Murphy's existing ratings, including its Ba2 Corporate Family Rating (CFR), Ba2-PD Probability of Default Rating, Ba2 ratings on the senior unsecured notes and SGL-1 Speculative Grade Liquidity (SGL) rating are unchanged. "The proposed debt offering, and subsequent tender and repayment of existing notes will improve Murphy's maturity profile, while not materially impacting leverage," said James Wilkins, Moody's Vice President -- Senior Analyst.
Murphy Oil Corporation (the “Company”) (MUR) announced today that it has commenced cash tender offers (the “Tender Offers”) to purchase up to $550 million aggregate principal amount (as it may be increased by the Company, the “Tender Cap”) of its outstanding 4.000% Senior Notes due 2022 and 3.700% Senior Notes due 2022 (collectively, the “Notes”). The terms and conditions of the Tender Offers are described in an Offer to Purchase dated November 13, 2019 (the “Offer to Purchase”). The Company intends to fund the Tender Offers with the net proceeds of its proposed offering of debt securities announced today (the “Debt Financing”) together with cash on hand.
Murphy Oil Corporation announced today that, subject to market conditions, it intends to offer $550 million of Senior Notes due 2027 pursuant to an effective shelf registration statement previously filed with the Securities and Exchange Commission .
Murphy USA's (MUSA) third-quarter 2019 earnings per share beat the Zacks Consensus Estimate on robust retail gallons and same-store sales volumes.
Ormat Technologies' (ORA) Q3 revenues of $170.5 million miss the Zacks Consensus Estimate by a whisker but improve 2.4% on a year-over-year basis.
Devon Energy's (DVN) Q3 earnings are better than expected on the back of strong production from its U.S. assets and cost-cutting initiatives.
Murphy Oil (MUR) delivered earnings and revenue surprises of 63.64% and 15.83%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
Positioned for Success Following Second Quarter Increase to Gulf of Mexico Position, With Third Quarter Malaysia Portfolio Divestiture, $1.9 Billion Debt Repayment and Completion o
Today we'll evaluate Murphy Oil Corporation (NYSE:MUR) to determine whether it could have potential as an investment...
Hedge fund managers like David Einhorn, Bill Ackman, or Carl Icahn became billionaires through reaping large profits for their investors, which is why piggybacking their stock picks may provide us with significant returns as well. Many hedge funds, like Paul Singer’s Elliott Management, are pretty secretive, but we can still get some insights by analyzing […]
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Murphy Oil Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Murphy Oil (MUR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Murphy Oil Corporation (MUR) announced today that the Board of Directors has approved the election of Robert N. Ryan Jr. as director, effective October 1, 2019. “Bobby brings a wealth of experience to the board through his extensive, 39-year tenure in oil and natural gas operations, including knowledge of global exploration and energy policy,” stated Claiborne P. Deming, Chairman of the Board for Murphy Oil Corporation. Prior to his retirement in 2018, Mr. Ryan was Vice President of Global Exploration at Chevron Corporation, where he was responsible for the company’s multi-billion dollar worldwide exploration program for 15 years.
The Board of Directors of Murphy Oil Corporation today declared a quarterly cash dividend on the Common Stock of Murphy Oil Corporation of $0.25 per share, or $1.00 per share on an annualized basis.
Murphy Oil Corporation will host a conference call and webcast beginning at 9:00 a.m. Eastern Time on Thursday, October 31, 2019 to discuss third quarter 2019 earnings.
With its St.Malo waterflood project, Chevron (CVX), a leading producer in the Gulf of Mexico, is making its first appearance in the deepwater Wilcox trend.
Equity investors seeking to profit from rising oil prices amid escalating violence in the Middle East should focus on eight energy stocks and suppliers that are uniquely positioned to outperform. Stocks that could see the biggest sustained gains include energy producers Brigham Minerals Inc. (MNRL), Murphy Oil Corp. (MUR), Pioneer Natural Resources Co. (PXD), and EOG Resources Inc. (EOG). Also poised to benefit are energy industry suppliers such as valve and seal maker Flowserve Corp. (FLS), compressor maker Gardner Denver Holdings Inc. (GDI), valve maker Circor International Inc. (CIR), and General Electric Co. (GE), which owns 40% stake in Baker Hughes (BHGE).
ExxonMobil (XOM) along with Murphy Oil and Enauta consents to pay $1.9 million for purchasing SEAL-M-505, SEAL-M-575 and SEAL-M-637 blocks in the offshore Sergipe-Alagoas Basin.
Dividend paying stocks like Murphy Oil Corporation (NYSE:MUR) tend to be popular with investors, and for good reason...