|Bid||33.00 x 2200|
|Ask||37.06 x 3100|
|Day's Range||34.43 - 35.43|
|52 Week Range||22.21 - 35.43|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 31, 2018 - Aug 6, 2018|
|Forward Dividend & Yield||1.00 (3.05%)|
|1y Target Est||33.50|
According to the EIA (U.S. Energy Information Administration), recent growth in US crude oil production has been driven primarily by light, sweet crude oil, which is produced from tight resource formations such as the Permian, Eagle Ford, and Bakken Shales. Light, sweet crude oil accounted for almost 90% of the 3.1-million-barrel-per-day production growth that occurred between 2010 and 2017. In 2017, light, sweet crude oil accounted for 56% of total domestic crude oil production, and in the EIA’s Annual Energy Outlook 2018, we can see that this is expected to grow to 60% by 2020 and to 70% by 2050.
Losses were broad based as eight out of nine sectors finished the trading session in red. WallStEquities.com has initiated research reports on the following Independent Oil & Gas stocks: ConocoPhillips (NYSE: COP), Continental Resources Inc. (NYSE: CLR), Matador Resources Co. (NYSE: MTDR), and Murphy Oil Corp. (NYSE: MUR).
Murphy Oil Corporation today announced that Roger W. Jenkins, President & CEO, will present at the J.P. Morgan Energy Conference in New York on Wednesday, June 20, 2018, at 10:00 a.m.
LONDON, UK / ACCESSWIRE / June 4, 2018 / If you want access to our free earnings report on Murphy Oil Corp. (NYSE: MUR), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=MUR. The Company reported its financial results on May 02, 2018, for the first quarter of the fiscal year 2018 (Q1 FY18). In addition, the Company raised its guidance for the second quarter and full fiscal year 2018.
Murphy Oil (MUR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
The San Antonio-based South Texas Energy & Economic Roundtable is expanding to the Rio Grande Valley. Founded in 2012 at the height of the Eagle Ford Shale oil boom, STEER serves a liaison between the oil and natural gas industry and school districts, cities, counties and numerous communities throughout South Texas. Expanding in the Valley was a "natural progression" for the organization, which will be seeking new members and doing outreach in the region, STEER President and CEO Omar Garcia told the Business Journal.
In this part, we’ll discuss Sandridge Energy (SD), Gulfport Energy (GPOR), Southwestern Energy (SWN), and Murphy Oil’s (MUR) YoY (year-over-year) stock performances. As we saw in the previous part, these companies had the lowest EV-to-EBITDA ratios in the last 12 months. We won’t be looking at Stone Energy’s (SGY) performance. The company merged with Talos Energy (TALO) earlier in May. Stone Energy stopped trading as “SGY” on the NYSE.
In this part, we’ll discuss the EV-to-adjusted EBITDA (earnings before interest, tax, depreciation, and amortization). The EV (enterprise value) is the sum of a company’s market capitalization and debt, less cash and cash equivalents. Let’s look at the top five upstream companies that are the cheapest when comparing the EV-to-adjusted EBITDA multiples.
SINGAPORE, May 16 (Reuters) - * Malaysia will export 12 cargoes of the Kimanis grade of crude oil in July, up two cargoes from the previous month, trade sources said on Wednesday * Malaysia's Petronas ...
* Malaysia will export 12 cargoes of the Kimanis grade of crude oil in July, up two cargoes from the previous month, trade sources said on Wednesday * Malaysia's Petronas will be allocated four cargoes, ...
As of May 10, Reuters reported 24 analysts with recommendations on Occidental Petroleum (OXY). Of these, ~58% have “strong buy” ratings, ~25% have “buy” recommendations, and ~17% have “hold” recommendations on OXY. There’s no “sell” or “strong sell” recommendation on the stock.
As of May 9, nine analysts had recommendations on DNR. Of these, ~11% of analysts have “strong buy” ratings, ~78% of analysts have “hold” ratings, while ~11% of analysts have “sell” recommendations on DNR. There aren’t any “buy” or “strong sell” recommendations on the stock.
On May 2–May 9, our list of oil-weighted stocks rose 7.4%. US crude oil June futures rose 4.7% during this period. Below are the oil-weighted stocks with the largest increases in the trailing week: Carrizo Oil & Gas (CRZO) at 21.5% California Resources Corporation (CRC) at 19.8% Denbury Resources (DNR) at 11.5%
According to Reuters, as of May 4, a total of 27 analysts have made recommendations on MRO. Of these, ~15% have recommended “strong buys,” ~44% have recommended “buys,” and the remaining ~41% have recommended “holds” on the stock.
NEW YORK, May 08, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Masco ...
Important news for shareholders and potential investors in Murphy Oil Corporation (NYSE:MUR): The dividend payment of $0.25 per share will be distributed into shareholder on 01 June 2018, and theRead More...
On April 27–May 4, the ETFs that follow US crude oil futures had the following performances: The United States Oil ETF (USO) rose 2.6%. The United States 12 Month Oil ETF (USL) rose 2.5%. The ProShares Ultra Bloomberg Crude Oil ETF (UCO) rose 4.8%.
As of May 3, Reuters reported that 29 analysts gave recommendations on Encana (ECA). Of the analysts, ~31% have “strong buy,” ~66% have “buy,” and ~3% have “hold” recommendations on Encana. There aren’t any “sell” or “strong sell” recommendations on the stock.
As of April 27, Reuters reported that 23 analysts gave recommendations on ConocoPhillips (COP). Of the analysts, ~17% have “strong buy” recommendations, ~48% have “buy” recommendations, and ~35% have “hold” recommendations. There aren’t any “sell” or “strong sell” recommendations on the stock.
On April 25–May 2, our list of oil-weighted stocks rose 2%, while US crude oil June futures fell 0.2%. Below are the oil-weighted stocks with the largest increases in the trailing week: Whiting Petroleum (WLL) at 7% Denbury Resources (DNR) at 6.6% Oasis Petroleum (OAS) at 4.7%
According to Reuters, of the 33 analysts covering RRC on April 27, five recommended “strong buy,” 11 recommended “buy,” 14 recommended “hold,” two recommended “sell,” and one recommended “strong sell.” Their median target price for Range Resources stock is $20, which is ~44% higher than its April 27 closing price of $13.90. Since its 1Q18 earnings release, Range Resources’ median stock price target has fallen from $21 to $20.