NEW YORK (TheStreet) -- Shares of Murphy Oil (MUR) - Get Report are down 4.74% to $26.51 in mid-afternoon trading on Thursday, reflecting the drop in oil prices. 

Crude oil (WTI) is falling 1.72% to $41.20 per barrel and Brent crude is declining by 1.75% to $42.71 per barrel.

The lower oil prices are a result of data from market intelligence firm Genscape that showed a build of nearly 328,000 barrels at the Cushing, Ok-based delivery hub for U.S. crude futures, reports Reuters. 

This fresh stock build reinforced oil glut concerns for the year. 

Murphy Oil is an oil and gas exploration and production company based in El Dorado, AR.

Separately, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author. TheStreet Ratings has this to say about the recommendation:

We rate MURPHY OIL CORP as a Sell with a ratings score of D. This is driven by a few notable weaknesses, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, weak operating cash flow, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share.

You can view the full analysis from the report here: MUR

Image placeholder title

MUR

data by

YCharts