Earnings Clues on Murphy Oil Corporation (MUR), PPL Corporation (PPL) Analyst's Predictions

Ivan Schwartz
September 13, 2017

Currently, Occidental Petroleum Corp (OXY) has a 14-day ATR of 0.89. In this case, shares are down -33.36% from $35.19, the 52-week high touched on December 01, 2016, but are collecting gains at -16.07% for the past 12 months.

Clinton Group Inc increased Molina Healthcare Inc (MOH) stake by 1481.93% reported in 2016Q4 SEC filing. Parnassus Investments acquired 54,162 shares as Thomson Reuters Corp. Montrusco Bolton Invs Inc holds 6.15% or 2.55 million shares in its portfolio. The company's stock had a trading volume of 2,290,939 shares. About 2.45M shares traded. Chevron Corporation (NYSE:CVX) has risen 6.68% since September 12, 2016 and is uptrending. It has outperformed by 13.32% the S&P500. In this case, shares are 8.97% higher from $7.25, the worst price in 52 weeks suffered on August 18, 2017, but are collecting gains at -49.03% for the past six months. 705.18 million shares or 1.32% more from 696.00 million shares in 2016Q3 were reported. 15,000 shares valued at $991,380 were sold by MOLINA J MARIO MD on Monday, June 12. Municipal Employees Retirement System of MI now owns 24,660 shares of the oil and gas producer's stock valued at $1,562,000 after purchasing an additional 150 shares in the last quarter.

Parnassus Investments decreased Essent Group Ltd. (NYSE:ESNT) stake by 50,000 shares to 500,000 valued at $16.19 million in 2016Q4. It also reduced Lockheed Martin Corp (NYSE:LMT) stake by 51,194 shares and now owns 50,588 shares. Conocophillips (NYSE:COP) was reduced too.

Investors sentiment decreased to 1.03 in 2016 Q4. On a percent-of-sales basis, MUR's free cash flow was 1.2% while EOG converted -0.6% of its revenues into cash flow. Alpine Woods Ltd invested in 14,200 shares. 97 funds opened positions while 223 raised stakes. Badgley Phelps & Bell Inc. raised its stake in Occidental Petroleum Corporation by 6.9% in the second quarter. Cadence Capital Ltd, Massachusetts-based fund reported 163,178 shares. Menta Cap owns 22,727 shares. (NYSE:MOH) for 33,656 shares. Kames Capital Plc who had been investing in Chevron Corporation for a number of months, seems to be bullish on the $212.79 billion market cap company. Twin Tree LP reported 10,915 shares. State Bank Of America De invested in 449,143 shares or 0% of the stock. (NYSE:MOH) for 89,249 shares. There were 43 sold out positions, amounting to 1.31 million shares. As of quarter end Oxbow Advisors, LLC had bought 65,683 shares growing its holdings by 32.9%. Kcg Inc invested in 0.02% or 25,658 shares. (NYSE:MOH) for 18,167 shares. Reaves W H & has 476,680 shares for 1.27% of their portfolio. Therefore 67% are positive. Murphy Oil Corporation had 31 analyst reports since July 22, 2015 according to SRatingsIntel. Cowen & Co has "Hold" rating and $4800 target. The firm earned "Hold" rating on Tuesday, July 18 by Cowen & Co. As per Friday, October 23, the company rating was maintained by FBR Capital. (NYSE:MOH) rating on Monday, September 19. The rating was maintained by UBS with "Neutral" on Thursday, August 4. On Thursday, November 5 the stock rating was downgraded by Societe Generale to "Sell". As per Tuesday, January 12, the company rating was maintained by Barclays Capital. The company was upgraded on Thursday, August 17 by Morgan Stanley. On Wednesday, December 7 the stock rating was downgraded by Credit Suisse to "Underperform".

Since March 13, 2017, it had 1 insider purchase, and 5 sales for $1.14 million activity. BURGHER CEDRIC W. bought $101,745 worth of stock.

For the past 5 years, Hi-Crush Partners LP's EPS growth has been almost -34.5%. It dived, as 66 investors sold OXY shares while 349 reduced holdings.

Institutional investors and hedge funds have recently made changes to their positions in the company. 608.36 million shares or 0.76% more from 603.77 million shares in 2016Q3 were reported.

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Murphy Oil Corporation (NYSE:MUR) has seen its stock price gain 7.67, or -24.64%, so far in 2017.

Occidental Petroleum Corporation (OXY) opened at 60.78 on Tuesday. Meag Munich Ergo Kapitalanlagegesellschaft Mbh holds 0.42% of its portfolio in Murphy Oil Corporation (NYSE:MUR) for 287,678 shares. Ruffer Limited Liability Partnership accumulated 16,150 shares. Advsr Asset Inc reported 0.29% in Occidental Petroleum Corporation (NYSE:OXY). Tctc Hldgs Ltd Llc owns 296,714 shares. Barclays Public Limited has 0.03% invested in Kroger Co (NYSE:KR). Entrustpermal Management Limited Co has 84,600 shares. S&T State Bank Pa owns 109,494 shares. Millennium Mgmt Limited reported 28,290 shares stake. Of Toledo Na Oh holds 0.07% or 3,495 shares. Centurylink Inv Mngmt Com invested 0.76% of its portfolio in Occidental Petroleum Corporation (NYSE:OXY). The company maintains price to book ratio of 0.00 vs.an industry average at 0.63. Therefore 0 are positive.

Occidental Petroleum Corporation (NYSE:OXY) has been assigned a $58.00 price target by research analysts at Jefferies Group LLC in a research note issued on Tuesday, August 29th. The rating was upgraded by Bank of America to "Buy" on Wednesday, March 15.

Institutional investors now hold around $37.87 billion or 83.3% in OXY stock. Needham maintained the shares of CRNT in report on Friday, August 14 with "Buy" rating. Iberia Capital Partners maintained the shares of MUR in report on Friday, February 12 with "Sector Perform" rating. The company was upgraded on Wednesday, May 10 by JP Morgan.

More recent Occidental Petroleum Corporation (NYSE:OXY) news were published by: Seekingalpha.com which released: "4 Reasons Why You Should Consider Occidental Petroleum" on August 28, 2017.

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