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Goldman Sachs Keeps Their Hold Rating on Murphy Oil (MUR)

Tipranks - Fri Jan 23, 6:24AM CST

Goldman Sachs analyst maintained a Hold rating on Murphy Oil today and set a price target of $26.00.

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In addition to Goldman Sachs, Murphy Oil also received a Hold from Roth MKM’s Leo Mariani in a report issued on January 19. However, yesterday, TipRanks – Google reiterated a Buy rating on Murphy Oil (NYSE: MUR).

Based on Murphy Oil’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $720.97 million and a GAAP net loss of $2.97 million. In comparison, last year the company earned a revenue of $753.17 million and had a net profit of $139.09 million

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