Murphy Oil Corp. is a holding company, which engages in the exploration and production of oil and gas. It operates through the following geographical segments: United States, Canada, Malaysia, and all other countries. Its products include oil and gas liquids, natural gas, and synthetic oil. The company was founded by Charles H. Murphy, Jr. in 1950 and is headquartered in El Dorado, AR.
Put trades that are bought on or above the market's asking price OR call trades that are sold on or less than the market's bid price - expecting a move to the downside.