Murphy Oil Corporation (NYSE:MUR) is an international oil and gas company with upstream operations in the United States, Canada, Malaysia, and the United Kingdom.
Stocks have been sandwiched between inflation and an aggressive Fed. Equity investors are panicking and exiting positions in companies due to lackluster earnings and a weakening macro environment.
Devon Energy Corporation (NYSE:DVN) is an Oklahoma-based independent energy company engaged in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States.