Howard Weil Downgrades Murphy Oil Corp. (MUR) to Market Perform
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Brean Murray Carret & Co. Upgrades Murphy Oil Corp. (MUR) to Buy
October 17, 2012 7:17 AM EDTBrean Murray Carret & Co. upgraded Murphy Oil Corp. (NYSE: MUR) from Hold to Buy with a price target of $73.00.
The firm comments, "We like MUR's new strategic moves announced yesterday that indicate an intent to maximize value and optimize capital... More
Barclays Downgrades Murphy Oil Corp. (MUR) to Equalweight
October 17, 2012 6:56 AM EDTBarclays downgraded Murphy Oil Corp. (NYSE: MUR) from Overweight to Equalweight with a price target of $70.
The firm comments, "MUR shares are up 14% since it was publically approached by an activist shareholder, including up 8.0% yesterday (versus EPX up 1.6%, SPX up 1.0%) to... More
Murphy Oil (MUR) to Spin Downstream Suabsidiary
October 16, 2012 8:13 AM EDTMurphy Oil Corporation (NYSE: MUR) announced that its Board of Directors has approved a plan to spin off to its stockholders its U.S. downstream subsidiary, Murphy Oil USA, Inc. (Murphy USA), into an independent and separately traded company, and has also authorized a special... More
