Murphy Oil Corp’s recently made public 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 $6.45 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.
Roth Capital downgraded its Murphy Oil Corp [MUR] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Mizuho’s analysts, who decreased its forecast for the stock in mid May from “an Outperform” to “a Neutral”. Barclays also remained covering MUR and has decreased its forecast on April 23, 2025 with a “an Underweight” recommendation from previously “an Equal weight” rating. KeyBanc Capital Markets revised its rating on April 21, 2025. It rated MUR as “a Sector weight” which previously was an “an Overweight”.
Price Performance Review of MUR
On Friday, Murphy Oil Corp [NYSE:MUR] saw its stock fall -2.13% to $22.08. Over the last five days, the stock has gained 1.01%. Murphy Oil Corp shares have fallen nearly -27.03% since the year began. Nevertheless, the stocks have fallen -49.74% over the past one year. While a 52-week high of $43.98 was reached on 01/13/25, a 52-week low of $18.94 was recorded on 04/09/25. SMA at 50 days reached $23.56, while 200 days put it at $30.16.
Levels Of Support And Resistance For MUR Stock
The 24-hour chart illustrates a support level at 21.77, which if violated will result in even more drops to 21.47. On the upside, there is a resistance level at 22.41. A further resistance level may holdings at 22.74. The Relative Strength Index (RSI) on the 14-day chart is 48.76, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.80, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 52.48%. Stochastics %K at 58.91% indicates the stock is a holding.
