The VP & Treasurer of Murphy Oil Corp (MUR) is Selling Shares


Today, the VP & Treasurer of Murphy Oil Corp (MUR), John Gardner, sold shares of MUR for $213.2K.

Following John Gardner’s last MUR Sell transaction on November 20, 2017, the stock climbed by 2.8%. In addition to John Gardner, one other MUR executive reported Sell trades in the last month.

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Based on Murphy Oil Corp’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $677 million and quarterly net profit of $93.94 million. In comparison, last year the company earned revenue of $485 million and had a GAAP net loss of $65.89 million. MUR’s market cap is $5.19B and the company has a P/E ratio of 301.71. Currently, Murphy Oil Corp has an average volume of 3.05M.

Based on 7 analyst ratings, the analyst consensus is Hold with an average price target of $34.67, reflecting a 20.9% upside.

In the last 30 days, insiders have sold $213.2K worth of MUR shares and purchased $316K worth of MUR shares. The insider sentiment on Murphy Oil Corp has been positive according to 37 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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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 Other. Its products include oil and gas liquids, natural gas, and synthetic oil.

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