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Murphy Oil +2% as CEO buys big chunk of company stock

Aug. 04, 2015 10:56 AM ETMurphy Oil Corporation (MUR) StockMURBy: Carl Surran, SA News Editor1 Comment
  • Murphy Oil (MUR +2.2%) is moving strongly off yesterday's 52-week lows on news that CEO Roger Jenkins bought 15K shares on Aug. 3 at $32.36/share, a purchase totaling ~$485K that brings his direct holdings in MUR to more than 95K shares.
  • MUR delivered Q2 results last week that showed a net operating loss of $89M, or $0.51/share, vs. a profit of $142.7M, or $0.79/share, in the same period a year ago.

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