Home Sectors Energy Recent Technicals: Murphy Oil Corporation (NYSE: MUR)

Recent Technicals: Murphy Oil Corporation (NYSE: MUR)

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Murphy Oil Corporation is in the energy sector and oil and gas exploration and production industry. The company CEO is Roger W. Jenkins. Murphy Oil Corp is an oil and gas exploration and production company. The company is engaged in the development of unconventional resources that are situated in the United States, Canada, Malaysia and all other countries.

Previous Intraday Trading Performance:

The MUR stock showed a previous change of 0.41% with an open at 24.93 and a close of 24.75. It reached an intraday high of 25.10 and a low of 24.35.

Business Wire:  Murphy Oil Corporation Announces Close of Gulf of Mexico Acquisition and Provides Updated Guidance

Liquidity:

The stock has a market cap of $4.3b with 173.6m shares outstanding, of which the float is 169.7m shares. Trading volume reached 2,394,387 shares compared to its average volume of 2,893,394 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Murphy Oil Corporation shares returned -2.90% and in the past 30 trading days it returned -14.36%. Over three months, it changed -17.20%. In one year it has changed -19.13% and within that year its 52-week high was 36.53 and its 52-week low was 21.51. MUR stock is 15.06% above its 52 Week Low.

Our calculations show a 200 day moving average of 28.84 and a 50 day moving average of 27.32. Currently MUR stock is trading -14.17% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

Business Wire:  Murphy Oil Corporation Announces Close of Gulf of Mexico Acquisition and Provides Updated Guidance

Earnings:

The last annual fiscal EPS for the company was reported at 2.35 that ended on 31st of December 2018, which according to the previous close, that is a PE of 10.53. Based on 4 analyst estimates, the consensus EPS for the next quarter is 0.12. The TTM EPS is 1.25, which comes to a TTM PE of 19.80.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 05/02/2019): 0.23
4thQtr of 2018 (Reported on 01/31/2019): 0.59
3rdQtr of 2018 (Reported on 11/07/2018): 0.54
2ndQtr of 2018 (Reported on 08/08/2018): 0.26
1stQtr of 2018 (Reported on 05/02/2018): 0.96

The dividend per share is currently 1.00, which is a dividend yield of 4.06%. MUR stock may not have enough earnings to cover future dividends and still be able to invest in the business, therefore the dividend may be cut in the future.

Base on our calculations, the intrinsic value per share is 8.15, which means it may be overvalued by -203.63%.

Indicators to Watch:

Short-interest was 13,731,275, which was 7.91% of shares outstanding. The short-interest ratio or days-to-cover ratio was 7.28. This stock has a moderate level of short interest, but may still be a buying opportunity depending on other indicators.

The current calculated beta is 2.06.

SeekingAlpha:  Tracking Nelson Peltz’s Trian Fund Management Portfolio – Q1 2019 Update

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 5.87%, return on assets is 2.58%, profit margin is 12.61%, price-to-sales is 1.67 and price-to-book is 0.86.

Company Scores:

All scores are out of six:
 2  :Valuation Score
 1  :Past Performance Score
 3  :Financial Strength Score
 0  :Future Growth Score
 4  :Dividend Score
 2  :Overall Score

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Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.