Murphy Oil Corp : * Says hired investment bank to assess sale of its montney natural gas assets, syncrude stake * Says expects spin-off will be complete by mid-2013
Murphy Oil Corporation (Murphy) is an oil and gas exploration and production company with retail and wholesale gasoline marketing operations in the United States and refining and marketing operations in the United Kingdom. Shares of MUR traded higher by 6.37% or $3.76/share to $62.76. In the past year, the shares have traded as low as $43.29 and as high as $65.60. On average, 1887000 shares of MUR exchange hands on a given day and today's volume is recorded at 2815543.
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