Murphy Oil Corp [MUR] Shares Rise 2.23 % on Wednesday

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Murphy Oil Corp shares valued at $319,376 were purchased by GARDNER JOHN B on Jun 04 ’25. At $21.61 per share, GARDNER JOHN B acquired 14,782 shares.

Also, Nolan Jeffrey W purchased 10,000 shares, netting a total of over 233,947 in proceeds. Following the buying of shares at $23.39 each, the insider now holds 292,012 shares.

Before that, Utsch Louis W had sold 9,584 shares from its account. In a trade valued at $269,310, the Vice President traded Murphy Oil Corp shares for $28.10 each. Upon closing the transaction, the insider’s holdings decreased to 9,584 shares, worth approximately $0.23 million.

As published in a research note from Johnson Rice on May 21, 2025, Murphy Oil Corp [MUR] has been rated down from a Accumulate to a Hold. Analysts at Roth Capital downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in mid May. As of May 13, 2025, Mizuho has decreased its “an Outperform” rating to a “Neutral” for MUR. Earlier on April 23, 2025, Barclays downgraded its rating. Their new recommendation was “an Underweight” for MUR stock which previously was a “an Equal weight”.

Analyzing MUR Stock Performance

During the last five days, there has been a surge of approximately 12.23%. Over the course of the year, Murphy Oil Corp shares have dropped approximately -19.63%. Shares of the company reached a 52-week high of $34.52 on 01/13/25 and a 52-week low of $18.94 on 04/09/25.

Support And Resistance Levels for Murphy Oil Corp (MUR)

According to the 24-hour chart, there is a support level at 23.78, which, if violated, would cause prices to drop to 23.24. In the upper region, resistance lies at 24.77. The next price resistance is at 25.23. RSI (Relative Strength Index) is 66.79 on the 14-day chart, showing neutral technical sentiment.

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