Murphy Oil Corporation (NYSE:MUR) traded today at a new 52-week high of $35.31. This new high was reached on below average trading volume as 904,000 shares traded hands, while the average 30-day volume is approximately 1.8 million shares.
Murphy Oil is an independent exploration and production company developing unconventional resources in the United States and Canada. At the end of 2020, the company reported net proven reserves of 715 million barrels of oil equivalent. Consolidated production averaged 174.5 thousand barrels of oil equivalent per day in 2020, at a ratio of 66% oil and natural gas liquids and 34% natural gas.
Murphy Oil Corporation share prices have moved between a 52-week high of $35.31 and a 52-week low of $12.36 and are now trading 173% above that low price at $33.75 per share.
Murphy Oil Corporation (NYSE:MUR) is currently priced 2.7% above its average consensus analyst price target of $32.85.
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