Murphy Oil Corporation (MUR) : Adams Asset Advisors scooped up 18,531 additional shares in Murphy Oil Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 13, 2016. The investment management firm now holds a total of 352,687 shares of Murphy Oil Corporation which is valued at $10,108,009.Murphy Oil Corporation makes up approximately 1.40% of Adams Asset Advisors’s portfolio.
Other Hedge Funds, Including , Highland Capital Management boosted its stake in MUR in the latest quarter, The investment management firm added 455 additional shares and now holds a total of 71,627 shares of Murphy Oil Corporation which is valued at $2,052,830. Murphy Oil Corporation makes up approx 0.18% of Highland Capital Management’s portfolio.Legal General Group Plc boosted its stake in MUR in the latest quarter, The investment management firm added 60,671 additional shares and now holds a total of 1,068,805 shares of Murphy Oil Corporation which is valued at $31,305,298. Murphy Oil Corporation makes up approx 0.03% of Legal General Group Plc’s portfolio. Contravisory Investment Management added MUR to its portfolio by purchasing 575 company shares during the most recent quarter which is valued at $17,405. Murphy Oil Corporation makes up approx 0.01% of Contravisory Investment Management’s portfolio.Advisory Services Network boosted its stake in MUR in the latest quarter, The investment management firm added 519 additional shares and now holds a total of 1,244 shares of Murphy Oil Corporation which is valued at $36,710. Murphy Oil Corporation makes up approx 0.01% of Advisory Services Network’s portfolio.
Murphy Oil Corporation closed down -0.98 points or -3.24% at $29.29 with 22,07,339 shares getting traded on Tuesday. Post opening the session at $30.09, the shares hit an intraday low of $29.09 and an intraday high of $30.21 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.
On the company’s financial health, Murphy Oil Corporation reported $-0.36 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Jul 27, 2016. Analyst had a consensus of $-0.39.Analysts expectations of $ 462.53.During the same quarter in the previous year, the company posted $-0.48 EPS.
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 151647 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.