|Bid||27.23 x 800|
|Ask||27.24 x 800|
|Day's Range||27.08 - 28.07|
|52 Week Range||21.51 - 36.53|
|Beta (3Y Monthly)||1.71|
|PE Ratio (TTM)||11.49|
|Earnings Date||Apr 30, 2019 - May 6, 2019|
|Forward Dividend & Yield||1.00 (3.41%)|
|1y Target Est||33.54|
Volumes from global oil and gas discoveries are likely to rise 30% year over year in 2019, which will mark the highest levels since the crude downturn.
Murphy Oil Corporation today announced it will release first quarter 2019 earnings before market opens on May 2, 2019. The company will host a conference call and webcast for investors and analysts beginning at 10:00 a.m.
The spotlight is on several companies, with Adient plc (NYSE:ADNT), Delphi Automotive PLC (NYSE:DLPH), Martin Marietta Materials, Inc. (NYSE:MLM), Murphy Oil Corporation (NYSE:MUR), and Waddell & Reed Financial, Inc. (NYSE:WDR) notable among them after various institutions on Wall Street upgraded each stock. Let's take a closer look at why analysts have upgraded the five and how the smart money is positioned […]
Today we'll evaluate Murphy Oil Corporation (NYSE:MUR) to determine whether it could have potential as an investment idea. Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how e...
2019 Sustainability Report Reinforces the Strategic Importance of Responsible Oil and Natural Gas Development While Investing in Local Communities
Certain sectors of the stock market have gained a reputation for being income-friendly. If you want dividends, you know to look at utilities, consumer staples and real estate investment trusts (REITs). Energy stocks - which include numerous high yielders - aren't always first to mind, however.Why? Energy stocks - which are tied to energy prices, which are tied not just to supply and demand, but also politics and currency strength, can be volatile over the short-term. Weak oil, natural gas and other commodity prices made energy stocks grossly underperform the market in 2014-15, for instance, but recoveries stoke outperformance like what we're seeing so far in 2019.Dividend investors should consider the opportunity in the energy sector right now. For one, West Texas Intermediate crude oil currently is near the $65-per-barrel mark, well off its recent low of $49 in December. Higher prices mean higher revenues - and oil companies, which were forced to improve their operations to squeeze more profits out of low oil prices, are generating even better earnings and cash from those revenues. Greater profitability naturally encourages investors to drive share prices higher, and that cash is used to fund generous and sometimes growing payouts.Also, many integrated oil companies as well as dedicated exploration and production firms are being prudent about their capital expenditures, instead budgeting with an eye toward generating cash and funding dividends from existing projects.Here are 10 energy stocks and funds to buy for a 1-2 combo of dividends and growth. These picks vary in their balance - some are slow-moving high yielders, some are growthy plays with modest yields and some fall squarely in between. SEE ALSO: 14 Blue-Chip Dividend Stocks Yielding 4% or More
Murphy USA's (MUR) unique high volume low-cost business model helps it maintain profitability in the fiercely competitive retail environment.
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.
Barclays Expects Higher Oil Prices in the Second Quarter(Continued from Prior Part)Key energy events The EIA (U.S. Energy Information Administration) is scheduled to release its oil and natural gas inventory data on April 3 and April 4. The data will
“We’re not out there just sitting on acreage and waiting,’’ said Adam Seitchik, general manager of exploration and new ventures at Murphy Oil, speaking on the sidelines of an event in Ciudad del Carmen, Campeche, on Thursday. Murphy, which won a block in Mexico’s 2016 deep-water oil auction, announced that it had found hydrocarbons at its Cholula-1 well earlier this month and is assessing the discovery, which it operates in a consortium with Petroliam Nasional Berhad, Sierra Oil & Gas de RL and Ophir Energy Plc. The company expects to continue drilling in mid-2020, said Seitchik. International oil companies piled into Mexico’s vast oil terrain over the past several years following 2014 energy reforms that opened the sector to private investment for the first time in almost eight decades.
The divestment plans of Murphy Oil (MUR) are in sync with the company's intention to expand operations in oil-rich Eagle Ford Shale and the Gulf of Mexico.
Murphy Oil (MUR) announced that its subsidiary has entered into an agreement to sell two of its Malaysian assets in an all-cash transaction worth $2.2127 billion.
What Impacted the Energy Sector Last Week?(Continued from Prior Part)Energy stocks In the week ending March 22, oilfield services stock McDermott International (MDR) fell the most among the energy stocks under review in this series, which include the
Energy Sector: Analyzing Key Events This WeekKey energy events The EIA (U.S. Energy Information Administration) is scheduled to release its oil and natural gas inventory data on March 27–28. The data will likely be a short-term driver for oil and
Moody's Investors Service has affirmed PTT Exploration and Production Public Co. Ltd.'s (PTTEP) Baa1 issuer rating and the Baa3 rating on its subordinated perpetual capital securities. At the same time, Moody's has also affirmed the Baa1 rating on the senior unsecured notes issued by PTTEP Canada International Finance Limited and the Baa3 rating on the subordinated perpetual capital securities issued by PTTEP Treasury Center Company Limited.
Norway’s decision to sell off a large part of its wealth fund’ oil & gas holdings sends a strong message to US and Canadian shale drillers
Murphy Oil's (MUR) subsidiary enters into an agreement to sell Malaysian assets. It intends to utilize the proceeds to develop domestic oil assets, strengthen its balance sheet and buy back shares.
* Philippines posts highest weekly gain in 11 weeks * Vietnam snaps three straight sessions of losses By Shreya Mariam Job March 22 (Reuters) - Most Southeast Asian stock markets ended higher on Friday, ...
By Shradha Singh and Nivedita Bhattacharjee (Reuters) - Murphy Oil Corp is exiting Malaysia with a $2.13 billion sale of its oil and gas assets there to Thailand's PTTEP and said it will use the proceeds ...
HONG KONG/SINGAPORE (Reuters) - Murphy Oil Corp is nearing a deal to sell its Malaysian oil and gas assets to Thailand's PTTEP PCL, people familiar with the matter said, in the latest energy M&A transaction in the Southeast Asian nation. The independent U.S. oil and gas exploration and production company could announce a deal, valued at just over $2 billion, with the Thai energy company as early as Thursday, said one source, who declined to be identified as the news is not public. Reuters reported in November, citing sources, that Murphy Oil was in talks to sell the assets after an unsolicited bid that could fetch between $2 billion to $3 billion.