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Stock Market & Financial Investment News

News Breaks
June 29, 2014
14:50 EDTMURMurphy Oil in talks to sell UK refinery Milford Haven, Reuters says
Murphy Oil has agreed to a sale of its refinery in south west Wales, Milford Haven, to oil entrepreneur Gary Klesch, says Reuters. A spokesperson for Murphy Oil said a deal has not yet been signed, added Reuters. Reference Link
News For MUR From The Last 14 Days
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June 25, 2015
10:00 EDTMUROn The Fly: Analyst Downgrade Summary
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06:01 EDTMURMurphy Oil downgraded to Sell from Neutral at UBS
UBS analyst William Featherston downgraded Murphy Oil to Sell citing the stock's premium valuation relative to peers and the company's declining production and below average inventory. The analyst cut his price target for shares to $41 from $45.

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