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2014-10-15 08:13 | Report Abuse
http://mobile.bloomberg.com/quote/mur:us
Murphy Oil Corp is the big brother of Oil & Gas and its share price has dropped drastically and has re-written its 52 week low many many times in just the past weeks.
And it is still dropping..... another fresh new low again
2014-10-12 08:35 | Report Abuse
For those uninitiated who have bought SKPetro for contra gain recently but got burnt badly instead take a look at this..
http://mobile.bloomberg.com/quote/mur:us
Murphy Oil Corp is the big brother of Oil & Gas and its share price has dropped drastically and has re-written its 52 week low many many times in just the past weeks.
SKPetro has bought over Murphy's assets in Malaysia as well as some overseas oil assets recently; it is somewhat an international oil company now and its share price is being pegged to global parameters. SKpetro is now being dumped by global funds as they have dumped Murphy Oil.
The bad news is the dumping is likely not over yet as oil prices continue to trend lower.
Stock: [BARAKAH]: BARAKAH OFFSHORE PETROLEUM BHD
2014-10-15 08:14 | Report Abuse
http://mobile.bloomberg.com/quote/mur:us
Murphy Oil Corp is the big brother of Oil & Gas and its share price has dropped drastically and has re-written its 52 week low many many times in just the past weeks.
And it is still dropping..... another fresh new low again