EPS for Murphy Oil Corporation (MUR) Expected At $0.05

July 18, 2017 - By Richard Conner

 EPS for Murphy Oil Corporation (MUR) Expected At $0.05
Investors sentiment decreased to 0.78 in 2016 Q4. Its down 0.34, from 1.12 in 2016Q3. It is negative, as 40 investors sold Murphy Oil Corporation shares while 127 reduced holdings. 44 funds opened positions while 86 raised stakes. 157.52 million shares or 1.44% less from 159.82 million shares in 2016Q3 were reported.
Invesco holds 1.64 million shares. Earnest Ptnrs Ltd Liability Co owns 55,116 shares. Lsv Asset owns 968,037 shares for 0.06% of their portfolio. Adams Asset Advisors invested in 315,422 shares or 1.29% of the stock. 11,912 were reported by Town & Country Comml Bank Dba First Bankers Trust. Retirement Of Alabama holds 0.04% or 223,424 shares in its portfolio. Twin Tree Mngmt L P holds 0% or 4,332 shares. Van Eck Associate holds 1,609 shares or 0% of its portfolio. Fifth Third Financial Bank holds 0% of its portfolio in Murphy Oil Corporation (NYSE:MUR) for 54 shares. Pictet Asset Ltd owns 84,647 shares or 0.01% of their US portfolio. Fiduciary accumulated 13,047 shares or 0.01% of the stock. 12,454 were reported by Thompson Siegel And Walmsley Limited. Cornerstone Mgmt Holdings Ltd Co holds 0.01% or 36,236 shares in its portfolio. Tcw Grp Inc has invested 0% in Murphy Oil Corporation (NYSE:MUR). First Manhattan Com stated it has 8,040 shares or 0% of all its holdings.

Since June 8, 2017, it had 0 insider purchases, and 1 insider sale for $24,010 activity.

Wall Street await Murphy Oil Corporation (NYSE:MUR) to release earnings on July, 26. Analysts forecast earnings per share of $0.05, up exactly $0.41 or 113.89 % from 2014’s $-0.36 EPS. The expected MUR’s profit could reach $8.77M giving the stock 125.70 P/E in the case that $0.05 earnings per share is reported. After posting $-0.06 EPS for the previous quarter, Murphy Oil Corporation’s analysts now forecast -183.33 % EPS growth. The stock decreased 1.10% or $0.28 during the last trading session, reaching $25.14. About 2.95M shares traded. Murphy Oil Corporation (NYSE:MUR) has declined 8.71% since July 18, 2016 and is downtrending. It has underperformed by 25.41% the S&P500.

Murphy Oil Corporation (NYSE:MUR) Ratings Coverage

Among 11 analysts covering Murphy Oil Corporation (NYSE:MUR), 0 have Buy rating, 2 Sell and 9 Hold. Therefore 0 are positive. Murphy Oil Corporation had 28 analyst reports since July 22, 2015 according to SRatingsIntel. Credit Suisse upgraded Murphy Oil Corporation (NYSE:MUR) rating on Wednesday, July 22. Credit Suisse has “Neutral” rating and $47 target. On Friday, July 31 the stock rating was downgraded by Oppenheimer to “Perform”. RBC Capital Markets maintained the shares of MUR in report on Friday, July 31 with “Sector Perform” rating. The firm has “Underperform” rating given on Wednesday, December 7 by Credit Suisse. Barclays Capital maintained it with “Equal Weight” rating and $23.0 target in Tuesday, January 12 report. The stock of Murphy Oil Corporation (NYSE:MUR) has “Buy” rating given on Tuesday, August 11 by Zacks. Iberia Capital Partners maintained Murphy Oil Corporation (NYSE:MUR) rating on Friday, February 12. Iberia Capital Partners has “Sector Perform” rating and $25 target. Raymond James upgraded the stock to “Market Perform” rating in Monday, June 20 report. UBS upgraded the stock to “Neutral” rating in Thursday, July 30 report. As per Friday, May 5, the company rating was maintained by Scotia Capital.

Murphy Oil Corporation is an gas and oil exploration and production company. The company has market cap of $4.41 billion. The Company’s exploration and production business explores for and produces crude oil, natural gas and natural gas liquids across the world. It currently has negative earnings. The Company’s exploration and production activities are subdivided into four geographic divisions: the United States, Canada, Malaysia and all other countries.

More recent Murphy Oil Corporation (NYSE:MUR) news were published by: Stockhouse.com which released: “Murphy Oil Corporation to Present at Upcoming Energy Conference” on June 20, 2017. Also Seekingalpha.com published the news titled: “Murphy Oil: High Upside Potential” on June 22, 2017. Seekingalpha.com‘s news article titled: “Cost Savings Ahead For Murphy Oil” with publication date: June 26, 2017 was also an interesting one.

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