Murphy Oil Corp Gets a Hold Rating from Cowen & Co.

By Carrie Williams

Cowen & Co. analyst Charles Robertson II reiterated a Hold rating on Murphy Oil Corp (NYSE: MUR) on September 15 and set a price target of $30. The company’s shares closed on Friday at $25.44.

According to, II is ranked 0 out of 5 stars with an average return of -14.6% and a 30.9% success rate. II covers the Basic Materials sector, focusing on stocks such as Whiting Petroleum Corp, Continental Resources, and Lonestar Resources US.

Murphy Oil Corp has an analyst consensus of Hold, with a price target consensus of $27.25.

The company has a one year high of $35.19 and a one year low of $22.21. Currently, Murphy Oil Corp has an average volume of 3.61M.

Based on the recent corporate insider activity of 52 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Murphy Oil Corp. is a holding company, which engages in the exploration and production of oil and gas. It operates through the following geographical segments: United States, Canada, Malaysia, and all other countries. Its products include oil and gas liquids, natural gas, and synthetic oil. The company was founded by Charles H.