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Stock Market & Financial Investment News

News Breaks
August 11, 2014
17:15 EDTMURMurphy Oil to sell Murco Petroleum to Motor Fuel Group
Murphy Oil Corporation announced that its wholly-owned subsidiary, Murco Petroleum Limited, has signed an agreement to sell its retail gasoline assets to Motor Fuel Group. This transaction is scheduled to close no later than September 30.
News For MUR From The Last 14 Days
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January 26, 2015
16:26 EDTMURMarathon Oil, Cobalt, RSP Permian downgraded at UBS
UBS lowered its Brent and WTI forecasts to $52.50 and $49 from $67.50 and $62.50, respectively, and downgraded a number of names in the energy space in conjunction. Along with making changes to its oil price forecasts, UBS downgraded Marathon Oil (MRO), Cobalt (CIE) and RSP Permian (RSPP), all to Neutral from Buy. The firm also identified ConocoPhillips (COP), Devon Energy (DVN), Murphy Oil (MUR), Ultra Petroleum (UPL), Range Resources (RRC), Denbury Resources (DNR), and Magnum Hunter (MHR) as having high valuations, slowing growth and wide free cash flow deficits and said it was cautious on all of those names as well.
January 23, 2015
10:02 EDTMUROn the Fly: Analyst Downgrade Summary
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06:56 EDTMURMurphy Oil downgraded to Underperform from Neutral at Credit Suisse
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January 21, 2015
10:01 EDTMUROn The Fly: Analyst Downgrade Summary
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07:34 EDTMURMurphy Oil downgraded to Market Perform from Outperform at Wells Fargo
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