How to Buy Murphy Oil Stock
Murphy Oil Corp
Murphy Oil is a oil and gas company located in Arkansas, United States, which is part of the Energy sector, and is traded under the ticker MUR on the NYSE exchange.
Murphy Oil stock last closed at $46.22, up 0.13% from the previous day, and has increased 23.15% in one year. It has overperformed other stocks in the Oil & Gas E&P industry by 0.05 percentage points. Murphy Oil stock is currently +40.91% from its 52-week low of $32.80, and -5.94% from its 52-week high of $49.14.
At the moment, there are 152.76M shares of MUR outstanding. The market value of MUR is $7.06B. In the past 24 hours, 911,232 MUR shares were traded.
How to Buy Murphy Oil Stock
Wondering how to invest in Murphy Oil stock? Here's how.
- Decide where to buy Murphy Oil stock: You need to pick an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you choose where to buy Murphy Oil stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Choose your payment method and add your details.
- Evaluate Murphy Oil stock: The Murphy Oil ticker symbol is MUR. Is Murphy Oil stock a good investment? Should you buy shares of MUR? How do MUR's underlying business fundamentals look? Do top analysts think Murphy Oil is a good buy? Why has MUR's stock price moved recently? (Hint: Our stock analysis website can help you figure out if MUR is a good stock to buy).
- Make your MUR purchase: Decide if you will purchase MUR shares at the current market price or use a limit order to buy MUR shares at a given price.
- Track your MUR position: Create a watchlist to get the latest news on your position in Murphy Oil shares.
Step 1: Decide where to buy Murphy Oil stock
You need a brokerage account in order to access the NYSE market and buy MUR shares.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen your brokerage, you'll need to fill out some personal information so you can invest in MUR today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to start a new brokerage account.
- Submit your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you've filled out your info on our top ranked stock market app, you can securely and quickly fund your account:
Check out the walkthrough below if you need help depositing funds into your brokerage account.
Step 4: Evaluate Murphy Oil stock
Once you have chosen the best place to buy Murphy Oil stock, it's critical to research their stock before you buy, so you truly understand the risk and opportunity.
Overview of key MUR info
MUR Fundamentals
WallStreetZen was built to help average investors do more accurate fundamental analysis quickly.
You can see all of the due diligence checks on MUR's stock page.
Is MUR stock overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge MUR's intrinsic value.
Using relative valuations measures:
- MUR may be undervalued based on its P/E ratio of 10.85x, relative to Oil & Gas E&P industry P/E ratio of 15.16x
- MUR may be undervalued based on its P/B ratio of 1.32x, relative to Oil & Gas E&P industry P/B ratio of 2.15x
- MUR may be undervalued based on its PEG ratio of 0.21x
You can do more valuation analysis on MUR's stock here.
MUR Financial Health Summary
Signs that MUR is financially healthy:
- MUR's operating cash flow of $1.75B allows it to safely service it's debt of $2.09B.
- MUR earnings of $969.85M is not sufficient to cover its interest payments.
- Total MUR debt is lower than 5 years ago, relative to shareholder equity.
Signs that MUR is not financially healthy:
- MUR profit margin has gone down from 24.5% to 19.1% in the past year.
- There are more long-term liabilities than short-term assets on the MUR balance sheet.
- MUR has a relatively high debt to equity ratio of 0.79.
- There are more short-term liabilities than short-term assets on the MUR balance sheet.
Do Wall Street analysts think it's a good time to buy Murphy Oil stock
Out of 8 Wall Street analysts who give ratings on MUR, the consensus analyst rating on Murphy Oil is a Strong Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
Most Recent MUR Analyst Ratings
Neal Dingmann, a top 1% analyst from Truist Securities maintains MUR with a strong buy rating and raises their MUR price target from $58.00 to $59.00, on Apr 5, 2024.
Truist Securities's Neal Dingmann raised their price target on Murphy Oil (NYSE: MUR) by 1.7% from $58 to $59 on 2024/04/05. The analyst maintained their Strong Buy rating on the stock.
The analyst made their price target move after taking a deep dive into names in their Energy (Oil & Gas Exploration & Production) portfolio.
With the combination of a solid 2024 commodity landscape, potentially lower oilfield equipment and services pricing, continued routine operations for most names in the space, and the maintenance of material shareholder returns, there is no reason not to give the space a "Strong Buy" rating, Dingmann said.
The analyst told readers that Truist Securities expects "the sector's current underweight positioning to change," stating that recent discussions indicate only the "Long Onlys" remain underweight on the energy sector compared to the firm's benchmark.
Arun Jayaram, a top 10% analyst from JP Morgan maintains MUR with a strong buy rating and raises their MUR price target from $51.00 to $52.00, on Apr 4, 2024.
Josh Silverstein, a top 14% analyst from UBS maintains MUR with a hold rating and lowers their MUR price target from $45.00 to $43.00, on Jan 29, 2024.
You can dive deeper into what analysts are forecasting on the Murphy Oil stock forecast page.
MUR Trading Indicators
Is MUR Making Money?
Last year, MUR earnings were $661.56M. During the last 5 year, MUR's earnings have grown by 12.35% per year. This was slower than the Oil & Gas E&P industry average of 12.87%.
Last year, MUR revenue was $3.46B. During the past 5 year, MUR's revenue has gone up by 14.07% per year. This was slower than the Oil & Gas E&P industry average of 19.2%.
You can research MUR's earnings and revenue performance here.
What are MUR executives and large shareholders up to?
In the last 12 months, insiders at MUR have sold more shares than they have bought.
Maria A. Martinez, Vice President of MUR, was the latest MUR insider to sell. They sold $433,550.00 worth of MUR shares on Mar 14, 2024.
Learn more about who owns MUR stock here.
Does MUR provide a stable income stream?
Murphy Oil pays a dividend of 2.43%, compared to the Oil & Gas E&P industry's average dividend yield of 3.56%. If you owned $1,000 of MUR stock, you would have received $24.34 last year.
Murphy Oil dividend payments have not consistently grown over the past decade and have not remained stable.
Dig into more data about Murphy Oil dividend yield and history here.
MUR Social Trading Data
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Make your MUR purchase
There are two main order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally fine. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a given price, place a limit order.
Click the Open button and eToro will place the order.
If you need more help with buying stocks on eToro, watch the helpful video below:
Step 6: Track your MUR position
Now that you own some MUR stock, you'll want to keep up with your new investment.
Make a watchlist to see the latest developments about your MUR stock.
MUR Feed
How to Buy Stock in Murphy Oil
To summarize, here are the 6 steps to buy Murphy Oil stock:
- Decide where to buy Murphy Oil stock
- Create a brokerage account
- Fund your brokerage account
- Evaluate Murphy Oil stock
- Make your MUR purchase
- Track your MUR position
If you need a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to watch your new investment in Murphy Oil, hit the button below to create your watchlist.
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