Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Institutional investors increase stakes in Murphy Oil, which still pays dividends despite financial misses.

flag Hotchkis & Wiley and other institutional investors have increased their stakes in Murphy Oil, now owning 78.31% of the company's stock. flag Despite missing earnings and revenue estimates, Murphy Oil reported a net margin of 14.78% and a return on equity of 9.22%, and recently announced a quarterly dividend of $0.30 per share. flag Meanwhile, Murphy USA, a convenience store operator, saw institutional investors buy shares, and it beat earnings estimates with $7.20 EPS for the quarter, declaring a quarterly dividend of $0.48 per share.

3 Articles