Murphy Oil Corp. (MUR) Scheduled to Post Quarterly Earnings on Thursday
Murphy Oil Corp. (NYSE:MUR) is scheduled to issue its Q4 quarterly earnings data on Thursday, January 30th. Parties that wish to register for the company’s conference call can do so using this link.
Murphy Oil Corp. (NYSE:MUR) last posted its quarterly earnings results on Thursday, October 31st. The company reported $1.51 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.46 by $0.05. During the same quarter last year, the company posted $1.17 earnings per share. On average, analysts expect Murphy Oil Corp. to post $5.48 EPS for the current fiscal year and $6.12 EPS for the next fiscal year.
Murphy Oil Corp. (NYSE:MUR) opened at 61.17 on Wednesday. Murphy Oil Corp. has a 52 week low of $50.9154 and a 52 week high of $66.20. The stock has a 50-day moving average of $63.13 and a 200-day moving average of $61.4. The company has a market cap of $11.438 billion and a price-to-earnings ratio of 9.56.
A number of research firms have recently commented on MUR. Analysts at Iberia Capital initiated coverage on shares of Murphy Oil Corp. in a research note to investors on Tuesday, December 31st. They set a “sector perform” rating and a $70.00 price target on the stock. On a related note, analysts at Zacks reiterated a “neutral” rating on shares of Murphy Oil Corp. in a research note to investors on Friday, December 6th. They now have a $67.00 price target on the stock. Finally, analysts at Cowen and Company cut their price target on shares of Murphy Oil Corp. from $71.00 to $66.00 in a research note to investors on Friday, November 1st. They now have a “market perform” rating on the stock. Nine research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $70.45.
Murphy Oil Corporation is a worldwide oil and gas exploration and production company with retail and wholesale gasoline marketing operations in the United States and refining and marketing operations in the United Kingdom.
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