How COVID-19 has impacted Murphy Oil and measures they’ve taken as a business to combat it. Read on below.
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.
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.
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%.
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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.
Weâve 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 youâl be required to identify yourself with some personal details to make sure you are who you say you are.
3. Add a payment method.
Youâll be securely transferring money to your share trading platform in order to buy the shares, so youâll 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 youâve identified.
5. Buy the shares.
Make sure you check the share price of the company youâre investing in and how much youâre investing (and ensure youâre happy with both) before you click the âbuyâ button.
And thatâs it, youâre now a shareholder. Congratulations!
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