MUR - Murphy Oil: Key Takeaways From The Fourth Quarter 2018
Image: Murphy well pad site just North of Campbellton on U.S. Hwy. 281 A. Source: Pleasanton express.
Investment Thesis
I consider Murphy Oil Corp. (MUR) as a solid long-term second choice in the oil division, particularly for an investor who desires to participate in the oil & gas exploration with assets concentrated in North America.
Murphy Oil controls one of the best upstream portfolios among the domestic oil & natural gas integrated companies. Other companies that can be considered equivalent include Penn Virginia Corporation (PVAC), Anadarko Petroleum (APC), and Apache Corporation