NEW YORK ( TheStreet) -- Murphy Oil Corporation (NYSE: MUR) hit a new 52-week low Monday as it is currently trading at $43.03, below its previous 52-week low of $43.03 with 306,271 shares traded as of 10:20 a.m. ET. Average volume has been 2.5 million shares over the past 30 days. Murphy Oil has a market cap of $8.8 billion and is part of the basic materials sector and energy industry. Shares are down 40.8% year to date as of the close of trading on Friday. Murphy Oil Corporation engages in the exploration and production of oil and gas properties worldwide. It explores for and produces crude oil, natural gas, natural gas liquids, condensate, and synthetic oil. The company has a P/E ratio of 9.2, equal to the average energy industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
- Practice your MUR trading strategies and win cash in our stock game.