nalinakshi

MUR is trading near the major support zone

NYSE:MUR   MURPHY OIL CORPORATION
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A Low-Cost, High-Volume Fuel Retailer
Murphy Oil             ( MUR             ) is an oil             and gas exploration and production company headquartered in El Dorado, Ark., that operates around the world. I’ve previously stated that some ways to get exposure to oil             are big names that pay a hefty dividend and/or higher-risk, beaten-down names on the mend. MUR             is actually a little bit of both. The $0.35 per share quarterly dividend payout has held steady for two years, even as oil             prices went on their wild ride, resulting in a solid 4.35% yield at our cost basis around $32.20. MUR             has been in a range the last couple of months and is now showing signs of coming off its recent base. Now is the time to get in!

ONe can look for investing around this price
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