20 Mid-Cap Stocks Insiders Were Buying in Q1 2025

5. Murphy Oil Corporation (NYSE:MUR)

Market Cap: $2.94 billion

Murphy Oil Corporation is an independent oil and gas exploration and production company operating in the U.S., Canada, and internationally. It focuses on producing crude oil, natural gas, and natural gas liquids. The Houston, Texas-based company ranks fifth among 20 mid-cap stocks insiders were buying in Q1 2025.

In a recent development, Murphy Oil announced that its subsidiary will acquire the BW Pioneer FPSO from BW Offshore for $125 million, with approximately $100 million payable upon delivery by the end of Q1 2025. The remaining amount will be paid once contractual conditions are fulfilled, expected by the end of Q2 2025. Murphy also reaffirmed its 2025 capital expenditure guidance of $1.135–$1.285 billion, including $425 million for Q1.

On April 2, the company’s board of directors declared a quarterly cash dividend on the common stock of $0.325 per share or $1.30 per share on an annualized basis.

In February and March, three insiders, including the vice president, purchased approximately $2.93 million worth of Murphy Oil shares at an average price of $25.30 per share. Currently, the stock trades at $20.59, having dropped 31.96% year-to-date, and 54.53% over the past 12 months.

According to StockAnalysis, Murphy Oil stock has an average “Hold” rating from 13 analysts, with a price target of $32.83 — a 59.45% upside from the current price.