BidaskClub upgraded shares of Murphy Oil Corporation (NYSE:MUR) from a strong sell rating to a sell rating in a research report released on Wednesday. Equity research analysts have given opinions on where they foresees the stock level. The stock of Anadarko Petroleum Corporation (NYSE:APC) has "Underperform" rating given on Wednesday, September 14 by CLSA. They issued a buy rating and a $41.00 price target on the stock. According to Thomson Reuters, sell-side analysts are forecasting a harmony target price of $76.36 on company shares. Finally, Credit Suisse Group restated a hold rating and issued a $35.00 price target on shares of Murphy Oil Corporation in a research note on Friday, April 7th.
Zacks offers analysts with an Average Broker Rating (or ABR), basing it on sell-side recommendations. Anadarko Petroleum Corporation presently has a consensus rating of "Buy" and a consensus price target of $77.04.
At the end of Mar reporting period, 185 institutional holders increased their position in Murphy Oil Corporation (NYSE:MUR) by some 17,808,631 shares, 159 decreased positions by 11,035,133 and 70 held positions by 139,462,203. Dnb Asset Management As sold 128,900 shares as the company's stock declined 20.17% while stock markets rallied. Moreover, Hotchkis And Wiley Capital Mgmt Ltd Liability Corporation has 1.38% invested in Murphy Oil Corporation (NYSE:MUR).
Stock is now moving with a negative distance from the 200 day simple moving average of approximately -10.87%, and has a poor year to date (YTD) performance of -18.54% which means the stock is constantly subtracting to its value from the previous fiscal year end price. The stock now has a Market Cap of $25.84B.
The stock of Anadarko Petroleum Corporation (NYSE:APC) has "Equal-Weight" rating given on Wednesday, February 3 by Barclays Capital. Parametric Associate Limited Liability Com reported 0.05% in Murphy Oil Corporation (NYSE:MUR).
If you look at the company's income statement over the past years, you will see that the company is constantly posting gross profit: In 2014, MUR earned gross profit of 4.23 Billion, in 2015 1.92 Billion gross profit, while in 2016 Murphy Oil Corporation (MUR) produced 1.35 Billion profit.
The company's expected revenue in the current quarter to be 506.08 Million, seeing a projected current quarter growth of 80.6%, and per annum growth estimates over the next 5 year period of around -55.1%. In our current pick, Murphy Oil Corporation (MUR) has weekly volatility of 4.69%% while its monthly volatility value is at 3.67%%. After $-0.06 actual EPS reported by Murphy Oil Corporation for the previous quarter, Wall Street now forecasts -183.33% EPS growth. If you are reading this article on another website, it was stolen and republished in violation of USA & global trademark & copyright legislation. Shareholders of record on Wednesday, June 14th will be paid a $0.05 dividend.
Annual Dividend Yield of Murphy Oil Corporation (MUR) stands at 3.94%. The firm has "Market Perform" rating by Raymond James given on Monday, June 20. Natixis Asset Mngmt invested 0.01% in Murphy Oil Corporation (NYSE:MUR). Bamco Inc. NY acquired a new position in shares of Anadarko Petroleum Corporation during the third quarter valued at approximately $1,698,000. JPMorgan Chase & Co. increased its position in shares of Anadarko Petroleum Corporation by 47.4% in the first quarter. LSV Asset Management now owns 1,089,237 shares of the oil and gas producer's stock valued at $31,141,000 after buying an additional 121,200 shares during the period. Allianz Asset Management AG boosted its position in Murphy Oil Corporation by 772.0% in the fourth quarter. Guggenheim Capital LLC boosted its position in Murphy Oil Corporation by 73.3% in the fourth quarter. The stock witnessed -2.39% declines, -6.87% declines and -22.68% declines for the 1-month, 3-month and 6-month period, respectively. Institutional investors and hedge funds own 96.55% of the company's stock. The Company's exploration and production business explores for and produces crude oil, natural gas and natural gas liquids across the world. Its exploration and production activities are subdivided into four geographic segments: the United States, Canada, Malaysia and all other countries.