Murphy Oil Corporation Aktie News

Murphy Oil Corporation (NYSE:MUR ) Q1 2024 Earnings Conference Call May 2, 2024 9:00 AM ET Company Participants Kelly Whitley - Vice President, Investor Relations and Communications Roger Jenkins - Chief Executive Officer Eric Hambly - President and COO Tom Mireles - Executive Vice President and CFO Conference Call Participants Neal Dingmann - Truist Securities Leo Mariani - ROTH MKM Tim Rezvan...

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the first quarter ended March 31, 2024, including net income attributable to Murphy of $90 million, or $0.59 net income per diluted share. Excluding discontinued operations and other items affecting comparability between periods, adjusted net income attributable to Murphy was $13...

Murphy USA is the fourth-largest convenience store chain in the United States. The company's large scale lets it offer low prices, yet it generates immense cash flows.

It may not be much, but the Russell 2000 Index (RUT) is up 7% in 2024. The index still sits about 20% below the all-time high it reached in November 2021.

HOUSTON--(BUSINESS WIRE)--The Board of Directors of Murphy Oil Corporation (NYSE: MUR) today declared a quarterly cash dividend on the Common Stock of Murphy Oil Corporation of $0.30 per share, or $1.20 per share on an annualized basis. The dividend is payable on June 3, 2024, to stockholders of record as of May 20, 2024. ABOUT MURPHY OIL CORPORATION As an independent oil and natural gas explor...

After closing out 2023 with a 15.1% gain, the Russell 2000 looks even better this year in the new year. In fact, since Jan. 2, the index is up about 4% year to date, and could push even higher, taking some of the most undervalued Russell 2000 stocks along for the ride.

Murphy Oil announces a 10% dividend increase for the second year in a row. The company's portfolio allows them to search for profitable projects while repaying debt, growing production, and increasing dividends. Murphy Oil has a strong balance sheet and low debt ratio, making them flexible for potential deals and major discoveries.

Investors may want to jump into oversold Russell 2000 stocks. For one, after a rough outing in 2023, smaller-cap stocks are starting to come back strong.