Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Roth MKM Remains a Hold on Murphy Oil (MUR)

Tipranks - Thu Jan 29, 6:40PM CST

In a report released yesterday, Leo Mariani from Roth MKM maintained a Hold rating on Murphy Oil, with a price target of $28.00.

Claim 50% Off TipRanks Premium

According to TipRanks, Mariani is a 5-star analyst with an average return of 27.1% and a 60.35% success rate. Mariani covers the Energy sector, focusing on stocks such as Sable Offshore, Diamondback, and Matador Resources.

In addition to Roth MKM, Murphy Oil also received a Hold from Piper Sandler’s Mark Lear in a report issued yesterday. However, on January 23, Morgan Stanley maintained a Sell 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

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.