Murphy Oil Corp’s filing revealed that its Director Nolan Jeffrey W acquired Company’s shares for reported $0.23 million on Mar 05 ’25. In the deal valued at $23.39 per share,10,000 shares were bought. As a result of this transaction, Nolan Jeffrey W now holds 292,012 shares worth roughly $6.15 million.
Then, Utsch Louis W sold 9,584 shares, generating $269,310 in total proceeds. Upon selling the shares at $28.10, the Vice President now owns 9,504 shares.
Before that, Utsch Louis W bought 9,584 shares. Murphy Oil Corp shares valued at $269,310 were divested by the Officer at a price of $28.10 per share.
Barclays downgraded its Murphy Oil Corp [MUR] rating to an Underweight from a an Equal weight in a research note published on April 23, 2025; the price target was decreased to $24 from $32. A number of analysts have revised their coverage, including KeyBanc Capital Markets’s analysts, who decreased its forecast for the stock in late April from “an Overweight” to “a Sector weight”. Truist also remained covering MUR and has decreased its forecast on January 31, 2025 with a “Hold” recommendation from previously “Buy” rating. Morgan Stanley revised its rating on January 22, 2025. It rated MUR as “an Underweight” which previously was an “an Equal-weight”.
Price Performance Review of MUR
On Friday, Murphy Oil Corp [NYSE:MUR] saw its stock jump 1.15% to $21.07. Over the last five days, the stock has lost -1.40%. Murphy Oil Corp shares have fallen nearly -30.37% since the year began. Nevertheless, the stocks have fallen -54.35% over the past one year. While a 52-week high of $46.90 was reached on 01/13/25, a 52-week low of $18.94 was recorded on 04/09/25. SMA at 50 days reached $25.07, while 200 days put it at $31.61.
Levels Of Support And Resistance For MUR Stock
The 24-hour chart illustrates a support level at 20.58, which if violated will result in even more drops to 20.09. On the upside, there is a resistance level at 21.38. A further resistance level may holdings at 21.69. The Relative Strength Index (RSI) on the 14-day chart is 41.37, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.06, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 54.35%. Stochastics %K at 33.49% indicates the stock is a holding.
How much short interest is there in Murphy Oil Corp?
A steep rise in short interest was recorded in Murphy Oil Corp stocks on 2025-04-15, growing by 2.81 million shares to a total of 20.68 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 17.88 million shares. There was a rise of 13.57%, which implies that there is a positive sentiment for the stock.
