Murphy Oil Corp (MUR) Stock Split History

Murphy Oil Corp has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on December 31, 2002 with the ratio of 2-for-1, meaning that for 1 share of MUR owned pre-split, shareholders then owned 2 shares. The most recent stock split took place on June 06, 2005 on a 2-for-1 basis.

These actions have increased MUR stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only change the number of shares and the price per share with no impact on Murphy Oil Corp's total market capitalization.

For more detailed information of Murphy Oil Corp's stock splits, view the table below:

The answer will depend on the decisions of the company's managers and market volatility. Murphy Oil Corp has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when MUR stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Murphy Oil Corp's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.