Roth Capital analyst Leo Mariani lowered the firm’s price target on Murphy Oil (MUR) to $27 from $28 and keeps a Buy rating on the shares. Murphy Oil’s Q1 cash flow per share was 1% above consensus and 2025 guidance for capital expenditures and production was maintained, though the company expects production at the low end of the prior range, the analyst tells investors in a research note. The firm reduced its 2025 estimate by 2% due to lower production and slightly higher costs.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MUR:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue