Murphy Oil Corp

NYSE: MUR
$46.22
+$0.06 (+0.1%)
Closing price April 24, 2024
Murphy Oil Corp is a global player in the energy sector, focusing on the exploration and production of oil and natural gas. With operations spanning the United States, Canada, and other international locations, the company is dedicated to uncovering and extracting valuable energy resources. Originally founded in 1950 and undergoing a name change from Murphy Corporation to Murphy Oil Corporation in 1964, it has established its headquarters in Houston, Texas, positioning itself as a key contributor to the energy industry.
Monday's top analyst upgrades, downgrades and initiations include Fitbit, Apple, ARM Holdings, Groupon, Palo Alto Networks, PepsiCo and Windstream.
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A new research report from Oppenheimer views the decision by the U.S. Department of Commerce to allow some export of oil condensate as a first step in the right direction.
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The writing has been on the wall for a couple of weeks, ever since Third Point, the hedge fund managed by Daniel Loeb, announced that it had put together a “significant” stake in Murphy Oil Corp....
Dan Loeb’s hedge fund, Third Point LLC, has put together a “significant” stake in Murphy Oil Corp. (NYSE: MUR) and filed with the SEC to buy even more. Murphy today acknowledged that it...
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