MURPHY OIL CORP's ticker is MUR and the CUSIP is 626717102. A total of 380 filers reported holding MURPHY OIL CORP in Q3 2023. The put-call ratio across all filers is 0.62 and the average weighting 0.2%.
About MURPHY OIL CORP
Murphy Oil Corp is a global oil and gas exploration and production company headquartered in El Dorado, Arkansas. The company has operations in the United States, Canada, Malaysia, and other countries. Murphy Oil Corp has a diversified portfolio of assets that includes offshore and onshore oil and gas fields, as well as refining and marketing operations.
In recent years, Murphy Oil Corp has been focused on optimizing its portfolio and reducing costs. The company has divested non-core assets and invested in high-return projects. In 2020, Murphy Oil Corp completed the sale of its Malaysian assets, which generated $2 billion in proceeds. The company plans to use the proceeds to pay down debt and fund its capital program.
Murphy Oil Corp has also been focused on reducing its carbon footprint. The company has set a target to reduce its greenhouse gas emissions intensity by 30% by 2025. Murphy Oil Corp is investing in renewable energy projects and exploring opportunities to reduce emissions from its operations.
Despite the challenges posed by the COVID-19 pandemic and the volatility in oil prices, Murphy Oil Corp has remained resilient. The company has a strong balance sheet and a disciplined approach to capital allocation. Murphy Oil Corp is well-positioned to weather the current market conditions and emerge stronger in the future.
It's important to note that this information is for educational purposes only and has not been fact-checked. As with any investment, it's important to do your own research and consult with a financial advisor before making any investment decisions.
External links
This page lists MURPHY OIL CORP's shareholders in Q3 2023. To view MURPHY OIL CORP's shareholder history, click here.