Murphy Oil Stock Price on December 28, 2023

MUR Stock  USD 32.53  0.10  0.31%   
Below is the normalized historical share price chart for Murphy Oil extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Murphy Oil stands at 32.53, as last reported on the 29th of November, with the highest price reaching 33.14 and the lowest price hitting 32.50 during the day.
IPO Date
6th of April 1983
200 Day MA
39.2445
50 Day MA
33.4884
Beta
2.203
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Murphy Stock, it is important to understand the factors that can impact its price. Murphy Oil has Sharpe Ratio of -0.0582, which conveys that the firm had a -0.0582% return per unit of risk over the last 3 months. Murphy Oil exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Murphy Oil's Risk Adjusted Performance of (0.07), standard deviation of 1.98, and Mean Deviation of 1.49 to check out the risk estimate we provide.
  
At this time, Murphy Oil's Common Stock Shares Outstanding is relatively stable compared to the past year. As of 11/29/2024, Capital Stock is likely to grow to about 214.6 M, while Total Stockholder Equity is likely to drop slightly above 3.9 B. . At this time, Murphy Oil's Price Sales Ratio is relatively stable compared to the past year. As of 11/29/2024, Price Fair Value is likely to grow to 1.58, though Price Earnings To Growth Ratio is likely to grow to (0.30). Murphy Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0582

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Estimated Market Risk

 1.94
  actual daily
17
83% of assets are more volatile

Expected Return

 -0.11
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average Murphy Oil is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Murphy Oil by adding Murphy Oil to a well-diversified portfolio.
Price Book
0.9037
Enterprise Value Ebitda
4.1221
Price Sales
1.4866
Shares Float
137.2 M
Dividend Share
1.173

Murphy Oil Valuation on December 28, 2023

It is possible to determine the worth of Murphy Oil on a given historical date. On December 28, 2023 Murphy was worth 42.43 at the beginning of the trading date compared to the closed value of 41.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Murphy Oil stock. Still, in general, we apply an absolute valuation method to find Murphy Oil's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Murphy Oil where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Murphy Oil's related companies.
 Open High Low Close Volume
  42.99    43.13    42.63    42.80    660,956  
12/28/2023
  42.43    42.68    41.69    41.73    989,758  
  41.80    41.94    41.24    41.32    1,497,969  
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Open Value
42.43
41.73
Closing Value
48.25
Upside

Murphy Oil Trading Date Momentum on December 28, 2023

On December 29 2023 Murphy Oil was traded for  41.32  at the closing time. Highest Murphy Oil's price during the trading hours was 41.94  and the lowest price during the day was  41.24 . The net volume was 1.5 M. The overall trading history on the 29th of December contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.98% . The trading delta at closing time to current price is 6.25% .

Murphy Oil Fundamentals Correlations and Trends

By evaluating Murphy Oil's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Murphy Oil's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Murphy financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Murphy Oil Stock history

Murphy Oil investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Murphy is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Murphy Oil will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Murphy Oil stock prices may prove useful in developing a viable investing in Murphy Oil
Last ReportedProjected for Next Year
Common Stock Shares Outstanding156.6 M189.6 M
Net Income Applicable To Common Shares868.5 M912 M

Murphy Oil Stock Technical Analysis

Murphy Oil technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Murphy Oil technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Murphy Oil trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Murphy Oil Period Price Range

Low
November 29, 2024
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High

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Murphy Oil cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Murphy Oil November 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Murphy Oil stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Murphy Oil shares will generate the highest return on investment. By undertsting and applying Murphy Oil stock market strength indicators, traders can identify Murphy Oil entry and exit signals to maximize returns

Murphy Oil Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Murphy Oil's price direction in advance. Along with the technical and fundamental analysis of Murphy Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Murphy to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Murphy Stock Analysis

When running Murphy Oil's price analysis, check to measure Murphy Oil's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Murphy Oil is operating at the current time. Most of Murphy Oil's value examination focuses on studying past and present price action to predict the probability of Murphy Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Murphy Oil's price. Additionally, you may evaluate how the addition of Murphy Oil to your portfolios can decrease your overall portfolio volatility.