Murphy Oil Corporation (MUR) Analysts See $0.46 EPS

October 14, 2018 - By Richard Conner

Murphy Oil Corporation (NYSE:MUR) LogoInvestors sentiment increased to 1.1 in 2018 Q2. Its up 0.11, from 0.99 in 2018Q1. It improved, as 26 investors sold Murphy Oil Corporation shares while 94 reduced holdings. 43 funds opened positions while 89 raised stakes. 147.50 million shares or 6.29% less from 157.41 million shares in 2018Q1 were reported.
Commercial Bank Of New York Mellon Corp invested in 3.65M shares. Brown Brothers Harriman And Com has 0% invested in Murphy Oil Corporation (NYSE:MUR). First Trust Advisors L P reported 0.03% of its portfolio in Murphy Oil Corporation (NYSE:MUR). 290 are held by Castleark Mgmt Ltd. Renaissance Techs Limited Liability Corporation reported 0.01% stake. Wellington Management Group Inc Llp holds 267,523 shares or 0% of its portfolio. Hsbc Holding Public reported 72,185 shares stake. Pzena Mngmt Ltd Llc accumulated 1.33% or 7.84 million shares. Aviva Public Llc invested in 0.02% or 83,036 shares. Qs Investors Limited Co accumulated 49,371 shares or 0.02% of the stock. Brookstone Capital Management owns 0.05% invested in Murphy Oil Corporation (NYSE:MUR) for 15,848 shares. Thompson Siegel Walmsley Ltd Llc holds 12,054 shares. Canada Pension Plan Invest Board invested 0.02% in Murphy Oil Corporation (NYSE:MUR). Adams Asset Advsrs Limited Liability reported 0.32% of its portfolio in Murphy Oil Corporation (NYSE:MUR). Barclays Pcl has invested 0% in Murphy Oil Corporation (NYSE:MUR).

Analysts expect Murphy Oil Corporation (NYSE:MUR) to report $0.46 EPS on November, 7.They anticipate $0.49 EPS change or 1,633.33 % from last quarter’s $-0.03 EPS. MUR’s profit would be $79.61 million giving it 19.45 P/E if the $0.46 EPS is correct. After having $0.36 EPS previously, Murphy Oil Corporation’s analysts see 27.78 % EPS growth. The stock increased 0.90% or $0.32 during the last trading session, reaching $35.78. About 3.62M shares traded or 130.91% up from the average. Murphy Oil Corporation (NYSE:MUR) has risen 28.14% since October 14, 2017 and is uptrending. It has outperformed by 12.52% the S&P500.

Murphy Oil Corporation (NYSE:MUR) Ratings Coverage

Among 8 analysts covering Murphy Oil Corp (NYSE:MUR), 1 have Buy rating, 2 Sell and 5 Hold. Therefore 13% are positive. Murphy Oil Corp had 10 analyst reports since April 22, 2018 according to SRatingsIntel. The stock of Murphy Oil Corporation (NYSE:MUR) has “Underweight” rating given on Friday, October 12 by Morgan Stanley. The firm earned “Hold” rating on Sunday, April 22 by Piper Jaffray. On Thursday, August 16 the stock rating was maintained by Morgan Stanley with “Underweight”. The stock of Murphy Oil Corporation (NYSE:MUR) has “Neutral” rating given on Friday, September 28 by PiperJaffray. Wells Fargo maintained the shares of MUR in report on Friday, August 10 with “Market Perform” rating. The company was maintained on Wednesday, July 11 by Barclays Capital. Credit Suisse maintained it with “Neutral” rating and $39 target in Thursday, October 11 report.

Murphy Oil Corporation operates as an gas and oil exploration and production firm worldwide. The company has market cap of $6.19 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.

More important recent Murphy Oil Corporation (NYSE:MUR) news were published by: which released: “Why Murphy Oil Stock Is Skyrocketing Today” on October 11, 2018, also published article titled: “34 Stocks Moving In Thursday’s Mid-Day Session”, published: “44 Biggest Movers From Yesterday” on October 12, 2018. More interesting news about Murphy Oil Corporation (NYSE:MUR) was released by: and their article: “Why Murphy Oil Corporation’s Stock Is Soaring Today” with publication date: October 11, 2018.

Murphy Oil Corporation (NYSE:MUR) Institutional Positions Chart

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