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Murphy Oil (MUR) in Focus: Stock Moves 9.6% Higher

Murphy Oil CorporationMUR was a big mover last session, as the company saw its shares rise nearly 10% on the day. The upside came on solid volume with far more shares changing hands than in a normal session. This reverses the recent downtrend for the company since Sep 16, as the stock is now down more than 13%.

In the last 30 days, the company has seen one upward and three downward estimate revisions and the Zacks Consensus Estimate also moved lower, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.

Murphy Oil carries a Zacks Rank #3 (Hold), while its Earnings ESP is negative.

A better-ranked oil exploration and production stock is Magnum Hunter Resources Corp. MHR , which sports a Zacks Rank #1 (Strong Buy).

Is MUR going up? Or down? Predict to see what others think: Up or Down

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MURPHY OIL (MUR): Free Stock Analysis Report

MAGNUM HUNTER (MHR): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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