Murphy Oil Corporation (NYSE:MUR), A reduction of 666,197 shares or 3.3% was observed in the short interest of Murphy Oil Holding Co The interest on June 15,2016 came in at 19,772,659 shares and as per the average daily trading of 2,755,824 shares, the days to cover are 7. The reduced interest is 12.2% of the floated shares. The data of May 31,2016 put the interest at 20,438,856 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Murphy Oil Corporation (NYSE:MUR): The stock opened at $30.50 on Friday but the bulls could not build on the opening and the stock topped out at $31.71 for the day. The stock traded down to $30.22 during the day, due to lack of any buying support eventually closed down at $30.51 with a loss of -5.86% for the day. The stock had closed at $32.41 on the previous day. The total traded volume was 4,096,765 shares.
The company shares have dropped -26.34% from its 1 Year high price. On Jun 30, 2015, the shares registered one year high at $41.98 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $30.35 and the 200 Day Moving Average price is recorded at $24.77.
Stocks of Murphy Oil Corporation (NYSE:MUR) rallied by 3.99% during the past week but lost 0.59% on a 4-week basis. In the past week, the company has outperformed the S&P 500 by 5.71% and the outperformance has advanced to 2.42% for the last 4 weeks period.
Murphy Oil Corporation is an oil and gas exploration and production company. The Companys exploration and production business explores for and produces crude oil, natural gas and natural gas liquids across the world. This business maintains upstream operating offices in locations, including Calgary, Alberta and Kuala Lumpur, Malaysia. The Companys crude oil, condensate and natural gas liquids production, as of 2014 averaged 151,647 barrels per day. The Company has operations in United States, Canada, Malaysia and all other countries, including Australia, Brunei, Vietnam, Suriname, Cameroon and Equatorial Guinea, among others. As of December 31, 2014, total United States proved reserves were 204.9 million barrels of crude oil, 29.1 million barrels of natural gas liquids and 226 billion cubic feet of natural gas. In Canada, it owns an interest in three non-operated assets, the Hibernia and Terra Nova fields offshore Newfoundland in the Jeanne dArc Basin and Syncrude Canada Ltd.