Murphy Oil Corporation with ticker code (MUR) have now 14 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 66 and 41 with a mean TP of 51.43. Now with the previous closing price of 42.87 this now indicates there is a potential upside of 20.0%. The 50 day moving average now sits at 42.33 and the 200 moving average now moves to 39.72. The company has a market capitalisation of $6,501m. Visit the company website at: https://www.murphyoilcorp.com
The potential market cap would be $7,799m based on the market concensus.
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Murphy Oil Corporation, together with its subsidiaries, operates as an oil and natural gas exploration and production company in the United States, Canada, and internationally. It explores for and produces crude oil, natural gas, and natural gas liquids. The company was formerly known as Murphy Corporation and changed its name to Murphy Oil Corporation in 1964. The company was incorporated in 1950 and is headquartered in Houston, Texas.