MUR is trading near the major support zoneA 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
