This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

5 Stocks Insiders Are Scooping Up

Murphy Oil

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

One energy stock that insiders are loading up on here is Murphy Oil (MUR - Get Report), a worldwide oil and gas exploration and production firm with refining and marketing operations in the U.S. and the United Kingdom. Insiders are buying this stock into strength, since shares are up 12% in the last six months.

Murphy Oil has a market cap of $11.9 billion and an enterprise value of $13.1 billion. This stock trades at a cheap valuation, with a trailing price-to-earnings of 12.39 and a forward price-to-earnings of 9.61. Its estimated growth rate for this year is -16.7%, and for next year it's pegged at 24.1%. This is not a cash-rich company, since the total cash position on its balance sheet is $947.32 million and its total debt is $2.25 billion.

A director just bought 80,000 shares, or about $4.82 million worth of stock, at $59.86 per share.

From a technical perspective, MUR is currently trending above both its 50-day and 200-day moving averages, which is bullish. This stock has been uptrending strong for the last six months, with shares soaring higher from its low of $47.32 a share to its recent high of $63.77 a share. During that uptrend, shares of MUR have been mostly making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of MUR within range of triggering a near-term breakout trade.

If you're bullish on MUR, then look for long-biased trades as long as it's trending above its 50-day at $60.11 and then once it manages to break out above some near-term overhead resistance levels at $62.28 to $63.77 a share and then above more past resistance at $64.72 a share with high volume. Look for a sustained move or close above those levels with volume that hits near or above its three-month average action of 1.78 million shares. If that breakout triggers soon, then MUR will set up to re-test or possibly take out its next major overhead resistance level at $71.71 a share.
2 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
END $0.01 -1.33%
ECHO $23.65 0.00%
GLW $18.34 0.00%
MUR $19.84 0.00%
SPRT $0.86 0.00%


Chart of I:DJI
DOW 16,204.97 -211.61 -1.29%
S&P 500 1,880.05 -35.40 -1.85%
NASDAQ 4,363.1440 -146.4150 -3.25%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs