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Murphy Oil (NYSE:MUR) Director Robert A. Hermes unloaded 12,257 shares of Murphy Oil stock in a transaction dated Friday, June 13th. The shares were sold at an average price of $65.05, for a total value of $797,317.85. Following the completion of the sale, the director now directly owns 33,635 shares of the company’s stock, valued at approximately $2,187,957. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Murphy Oil (NYSE:MUR) traded up 0.11% during mid-day trading on Monday, hitting $65.35. The stock had a trading volume of 1,015,061 shares. Murphy Oil has a one year low of $51.2004 and a one year high of $66.20. The stock’s 50-day moving average is $61.96 and its 200-day moving average is $61.52. The company has a market cap of $11.727 billion and a price-to-earnings ratio of 13.29.

Murphy Oil (NYSE:MUR) last announced its earnings results on Wednesday, April 30th. The company reported $0.96 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.96. On average, analysts predict that Murphy Oil will post $5.06 earnings per share for the current fiscal year.

A number of research firms have recently commented on MUR. Analysts at Deutsche Bank initiated coverage on shares of Murphy Oil in a research note on Tuesday, June 10th. They set a “hold” rating and a $76.00 price target on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Murphy Oil in a research note on Friday, May 16th. They now have a $64.00 price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Murphy Oil in a research note on Wednesday, May 7th. They now have a $45.00 price target on the stock, up previously from $44.00. Eight equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Murphy Oil has a consensus rating of “Hold” and a consensus target price of $66.50.

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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