MUR - Murphy Oil's Second Quarter 2018 Results Analysis
Image: Pumpjacks at a Murphy well pad site just North of Campbellton on U.S. Hwy. 281 A. Source: Pleasanton express.
Investment Thesis
Murphy Oil Corp. (NYSE: MUR) is a solid long-term choice, particularly for an investor who wants to participate in the oil recent recovery. However, it is essential to trade an estimated 30% of your holding due to extreme volatility in the oil prices.
MUR data by YChartsThe company is an onshore and offshore oil and gas producer (Offshore Gulf of Mexico, Canada, Malaysia, etc.) with onshore properties in Canada and the