Buy Murphy Oil Shares

Murphy Oil Logo

How COVID-19 has impacted Murphy Oil and measures they’ve taken as a business to combat it. Read on below.

Murphy Oil Shares

Our aim is to help you buy Murphy Oil shares armed with as much research and information as possible.

Below we’ve aggregated up to date information on Murphy Oil including a detailed coronavirus section, full company information and live share prices and trend graphs. We’ve also added a step by step guide showing you exactly how to buy Murphy Oil shares.

About Murphy Oil

After 75 years, Murphy Oil remains a top contender in the crude oil, natural gas, and hydrocarbon exploration. It is headquartered in El Dorado, Arkansas, with offices in Houston, Texas and Calgary, Alberta. With reserves in south Texas and the Gulf of Mexico, Murphy has the rights to undeveloped reserves around the world.

In the early 21st Century it divested itself of several holdings through sales and in 2016 and 2017 invested in new ventures including offshore Brazil. It has over 800 employees.

Founded in 1944 by Charles Murphy, Sr. it is now run by Claiborne P. Deming, Chairman and Roger Jenkins, CEO. Its current primary shareholders include institutional and mutual fund investors.

How Coronavirus has impacted Murphy Oil's share price

The oil market has been severely impacted by the Coronavirus worldwide and Murphy Oil is no exception.

They recently reduced their projected expenditures by approximately 35%.

february 24th

Murphy Oil CEO will participate in the Credit Suisse 25th Annual Energy Summit in Vail, Colorado March 2, 2020 and his presentation will be webcast on the company’s site.

march 12th

By delaying several projects, Murphy expects to reduce its expenditures by $500 million in response to oil price volatility.

march 25TH

President and CEO Roger W. Jenkins has taken a medical leave with an initial positive diagnosis of COVID-19 virus. He is expected to make a full recovery.

April 1st

Murphy Oil announced its June 1 dividend will be paid at $0.125 per share, a 50% reduction over the previous quarter’s dividend.

April 13TH

Although filming for Netflix has been temporarily halted worldwide, as far as new releases are concerned there will not be much impact as the production for these is already complete.

April 20TH

Over 15 million new subscribers this year have joined Netflix with the pandemic being good business for the company. Netflix is now worth near to $200 billion as their shares jump approximately 50% from their March lows.

How to buy Murphy Oil shares

It’s a very simple and straightforward process to getting started and owning a share of Murphy Oil. Our step by step guide below will show you just how easy.

1. Pick a share trading platform.
We’ve provided a selection below to help you choose (many come with an app that you can manage from your phone).

2. Open an account with your chosen trading platform.
As with any account you’l be required to identify yourself with some personal details to make sure you are who you say you are.

3. Add a payment method.
You’ll be securely transferring money to your share trading platform in order to buy the shares, so you’ll need to add a way to pay.

4. Search for the company you want to buy shares in.
Each share trading platform has a simple way to locate the company you’ve identified.

5. Buy the shares.
Make sure you check the share price of the company you’re investing in and how much you’re investing (and ensure you’re happy with both) before you click the ‘buy’ button.

And that’s it, you’re now a shareholder. Congratulations!

Always remember that the value of your investments can go down as well as up. There’s a chance you may end up with less than you begin with. Capital is at risk.

Compare Brokers

We’ve compared the top trading platforms side by side, so you don’t have to. Choose the platform that suits your needs best.

Award winning, advanced trading platform.

ASSETS

Stocks, Options, ETFs, Futures

STOCK TRADE FEE

$0

OPTION TRADE FEE

$0 + $1 per contract     OR

$2.50 per contract

ANNUAL FEE

0%

GO TO BROKER

Ally Invest

Very low fees plus a cash bonus offering.

ASSETS

Stocks, Options, Bonds, ETFs, Forex, Mutual funds

STOCK TRADE FEE

$0

OPTION TRADE FEE

$0 + $0.50 per contract 

ANNUAL FEE

0%

GO TO BROKER

Robinhood

No commission, forex fees or account minimums.

ASSETS

Stocks, Options, ETFs, Cryptocurrencies

STOCK TRADE FEE

$0

OPTION TRADE FEE

$0

ANNUAL FEE

0%

GO TO BROKER

Affiliate Disclaimer: Confideal may make a small amount of money through affiliate marketing when you sign up to any of the brokers listed on our website.

Confideal.io is an independent marketing website which only acts as an introducer to companies that offer share trading capabilities. Confideal.io is not authorised to give any advice and we are not liable for any financial advice provided by, or obtained through a third party. The information published on the Confideal.io website is for information purposes only. Confideal does not offer financial advice.

Copyright Confideal 2020. All rights reserved.