MURPHY OIL CORP stock forecast: down to 45.24 USD MUR stock price prognosis

STOCK

Forecast for Wed 12 Jun 2024 price 44.97

MURPHY OIL CORP stock price forecast for further price development down to -0.08% (time horizon: 1 day) and price target of 45.24 USD. Short-term (time horizon: 2 weeks) MURPHY OIL CORP share price prediction for 2024-06-12 with daily closed price projections

Key Facts

Symbol MUR 

ISIN US6267171022 

CUSIP 626717102


Currency USD


Category Crude Petroleum & Natural Gas

Forecast price change %

Relative Strength Index (RSI)

Finance numbers

Revenue 1,743,678,000.0


Earnings per share -6.64


Dividends 0.50

On our site we made daily predictions for finance products based on statistical analysis. You can export / download forecasted data as CSV file, no login required. The information can be used for day trading.

Candlestick patterns

Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.

  • Meta analyst score 30.38/100
    • Not in ideal financial position.
    • Historical view, profit is not growing.
    • Company revenue is growing faster compared with the industry.
    • Stock price is above book price value.

Institutional ownership list is based on filling form information

Holding name Date Amount
A - BARCLAYS PLC 2023-06-30 229707
A - OVERSEA-CHINESE BANKING Corp Ltd 2022-12-31 6474
A - OSAIC HOLDINGS, INC. 2023-06-30 21179
Venture Visionary Partners LLC 2023-06-30 10665
Front Row Advisors LLC 2023-03-31 511

Fund ownership list is based on filling form information

Fund name Date Amount Profile
Pacer Funds Trust 2023-07-31 25490 Long
Pacer Funds Trust 2023-07-31 4070 Long
Pacer Funds Trust 2023-07-31 6424 Long
Delaware Group Equity Funds V 2023-11-30 1558700 Long
Voya Equity Trust 2023-11-30 21484 Long

Insider trading for MURPHY OIL CORP

CIK Name Date Action T-Test 1day T-Test 7day T-Test 14day T-Test 30day
1541389 Mireles Thomas J 2024-03-01 SALE Accept Accept Accept Accept
1691735 Keller Elisabeth W 2023-09-20 SALE Accept Accept Accept Accept
1469778 Jenkins Roger W. 2024-03-01 SALE Accept Accept Reject Accept
1732935 Utsch Louis W 2024-02-27 SALE Accept Accept Accept Accept
1937153 Vaughan Paul D. 2024-03-06 SALE Accept Accept Accept Reject
1584262 Gardner John B 2024-03-07 SALE Accept Accept Accept Accept


Bollinger Bollinger Bands for MURPHY OIL CORP can provide the information where the market is moving based on price information.


MURPHY OIL CORP Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.



Converting prices to returns MURPHY OIL CORP.


On-Balance Volume information for MURPHY OIL CORP. On-Balance Volume information can be an indicator for bullish or bearish outcome.



Accumulation / Distribution (A/D) indicator information for MURPHY OIL CORP. The indicator identify divergences between price and volume flow.


Aroon Oscillator information for MURPHY OIL CORP. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.


Average Directional Index (ADX) information for MURPHY OIL CORP. The index can be used to identify the strengh of a trend.


Moving Average Convergence Divergence (MACD) for MURPHY OIL CORP. The indicator helps to predict trend direction and the momentum of the trend.


Stochastic Oscillator as momentum indicator for MURPHY OIL CORP. The indicator is useful for identifying overbought and oversold levels.


Relative Strength Index (RSI) for MURPHY OIL CORP. RSI is a momentum oscillator that measures the speed and change of price development. The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period. Primary usage of the indicator is to identify overbought or oversold signals. When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30 [ Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio ].


Heikin Ashi trading signals are generated based on the Heikin Ashi candles, which are a type of candlestick that smooths out the price action and can help to identify trends. Heikin Ashi signals can be used to identify both long and short trading opportunities.


The awesome oscillator is a momentum indicator that measures the speed and strength of price movements. It is calculated by subtracting a 34-period simple moving average (SMA) from a 5-period SMA.


The Parabolic SAR indicator is a trend-following indicator that uses a series of dots to indicate when a trend is likely to reverse. The Parabolic SAR is a lagging indicator, meaning that it does not predict reversals, but rather confirms them after they have already occurred.


Moving Average Crossover


52W High 52W Low Market Cap

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MURPHY OIL CORP on finviz

Figure below show the stock predictions.
Date Closing price Prediction was updated
2024-05-24 45.24 2024-04-17 07:55
2024-05-22 45.27 2024-04-17 07:55
2024-05-23 45.25 2024-04-17 07:55
2024-05-20 45.28 2024-04-17 07:55
2024-05-21 45.26 2024-04-17 07:55
2024-06-07 45.03 2024-04-17 07:55
2024-05-30 45.18 2024-04-17 07:55
2024-06-05 45.07 2024-04-17 07:55
2024-05-27 45.23 2024-04-17 07:55
2024-05-28 45.21 2024-04-17 07:55
2024-05-29 45.20 2024-04-17 07:55
2024-06-03 45.12 2024-04-17 07:55
2024-06-04 45.10 2024-04-17 07:55
2024-06-10 45.01 2024-04-17 07:55
2024-06-11 44.99 2024-04-17 07:55
2024-05-31 45.14 2024-04-17 07:55
2024-06-06 45.05 2024-04-17 07:55
2024-06-12 44.97 2024-04-17 07:55
2024-05-08 45.27 2024-04-17 07:55
2024-05-13 45.36 2024-04-17 07:55
2024-05-14 45.37 2024-04-17 07:55
2024-04-29 45.54 2024-04-17 07:55
2024-04-30 45.37 2024-04-17 07:55
2024-05-01 45.32 2024-04-17 07:55
2024-05-15 45.34 2024-04-17 07:55
2024-04-19 45.96 2024-04-17 07:55
2024-04-22 45.88 2024-04-17 07:55
2024-04-23 45.86 2024-04-17 07:55
2024-04-24 45.83 2024-04-17 07:55
2024-05-16 45.32 2024-04-17 07:55
2024-04-26 45.54 2024-04-17 07:55
2024-05-09 45.32 2024-04-17 07:55
2024-04-25 45.69 2024-04-17 07:55
2024-05-06 45.26 2024-04-17 07:55
2024-05-07 45.28 2024-04-17 07:55
2024-05-17 45.30 2024-04-17 07:55
2024-05-02 45.21 2024-04-17 07:55
2024-05-03 45.18 2024-04-17 07:55
2024-05-10 45.34 2024-04-17 07:55

The forecast (dashed curve) of the share price performance is based on historical data. Our forecast model is based on mathematical, statistical methods. The website offers price forecasts and analysis tools for equities and other securities, which are exclusively based on the prices of these securities in the past. Information about these prices is provided to us by third parties. Although we believe, If we believe that our sources are reliable, we cannot guarantee the accuracy, completeness, timeliness and correct sequencing of this information. We do not investigate the issuers of the securities to which our forecasts relate, nor do we consider any financial data or other data of such issuers with the exception of the past prices of the securities. Therefore, our forecasts do not constitute an analysis of other commercial or financial factors or circumstances, that may be relevant for future security price flows. Investments require additional considerations. Our forecasts cannot reflect the specific situation. Experience and risk profile of an individual investor or the tax implications an investment may have for the investor. Although we believe that our mathematical models are a tool to try to explore the possibility for future price development with the help of past performance, such developments are subject to a multitude of different influences. and therefore not really predictable. We cannot guarantee the success of any investment you make based on the information published here. This website is for information purposes only. All information and data on this website cannot be guaranteed to be accurate, accuracy, completeness and appropriateness - neither explicit nor implicit.