Q2 Earnings Forecast for Murphy Oil Issued By Zacks Research

Murphy Oil Corporation (NYSE:MUR) – Equities researchers at Zacks Research upped their Q2 2026 earnings estimates for Murphy Oil in a note issued to investors on Wednesday, May 20th. Zacks Research analyst Team now anticipates that the oil and gas producer will post earnings of $0.50 per share for the quarter, up from their previous forecast of $0.47. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Murphy Oil’s current full-year earnings is $3.38 per share. Zacks Research also issued estimates for Murphy Oil’s Q4 2026 earnings at $0.70 EPS, FY2026 earnings at $2.42 EPS, Q2 2027 earnings at $0.65 EPS, Q4 2027 earnings at $0.63 EPS and FY2028 earnings at $2.82 EPS.

MUR has been the subject of several other reports. Wells Fargo & Company lifted their price target on Murphy Oil from $32.00 to $38.00 and gave the company an “equal weight” rating in a research report on Thursday, March 26th. UBS Group raised their target price on Murphy Oil from $43.00 to $44.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 15th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Murphy Oil in a report on Friday, March 27th. BMO Capital Markets reiterated a “market perform” rating on shares of Murphy Oil in a research report on Tuesday, February 3rd. Finally, Wall Street Zen raised shares of Murphy Oil from a “sell” rating to a “hold” rating in a report on Sunday, March 8th. Two research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Murphy Oil currently has a consensus rating of “Hold” and an average target price of $35.73.

Murphy Oil Trading Down 3.0%

NYSE:MUR opened at $37.82 on Friday. The company has a market cap of $5.42 billion, a P/E ratio of 64.10 and a beta of 0.55. The stock’s fifty day moving average price is $39.04 and its two-hundred day moving average price is $34.30. Murphy Oil has a 1 year low of $20.31 and a 1 year high of $43.34. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.83 and a quick ratio of 0.77.

Murphy Oil (NYSE:MUR) last released its quarterly earnings data on Wednesday, May 6th. The oil and gas producer reported $0.32 EPS for the quarter, topping the consensus estimate of $0.29 by $0.03. Murphy Oil had a net margin of 3.02% and a return on equity of 3.09%. The company had revenue of $732.35 million during the quarter, compared to the consensus estimate of $702.96 million. During the same period last year, the firm earned $0.56 EPS. Murphy Oil’s revenue for the quarter was up 9.0% on a year-over-year basis.

Institutional Trading of Murphy Oil

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. CIBC Private Wealth Group LLC purchased a new position in shares of Murphy Oil during the fourth quarter valued at about $26,000. Leonteq Securities AG purchased a new stake in Murphy Oil in the first quarter worth about $29,000. Valued Wealth Advisors LLC boosted its position in Murphy Oil by 14,700.0% during the 1st quarter. Valued Wealth Advisors LLC now owns 740 shares of the oil and gas producer’s stock valued at $31,000 after acquiring an additional 735 shares in the last quarter. Smartleaf Asset Management LLC boosted its position in Murphy Oil by 67.3% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,094 shares of the oil and gas producer’s stock valued at $32,000 after acquiring an additional 440 shares in the last quarter. Finally, Torren Management LLC purchased a new position in shares of Murphy Oil during the 4th quarter worth approximately $37,000. Hedge funds and other institutional investors own 78.31% of the company’s stock.

Insider Buying and Selling

In other Murphy Oil news, SVP Daniel R. Hanchera sold 47,320 shares of the stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $33.79, for a total value of $1,598,942.80. Following the completion of the sale, the senior vice president owned 36,166 shares in the company, valued at approximately $1,222,049.14. This trade represents a 56.68% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 5.79% of the stock is owned by insiders.

Murphy Oil Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Monday, May 18th will be given a dividend of $0.35 per share. The ex-dividend date of this dividend is Monday, May 18th. This represents a $1.40 dividend on an annualized basis and a yield of 3.7%. Murphy Oil’s dividend payout ratio is presently 237.29%.

About Murphy Oil

Murphy Oil Corporation is an independent upstream oil and gas company engaged in the exploration, development and production of crude oil, natural gas and natural gas liquids. The company’s operations encompass conventional onshore and offshore reservoirs, with an emphasis on liquids-rich properties and deepwater assets. Through a combination of proprietary technologies and strategic joint ventures, Murphy Oil seeks to optimize recovery rates and manage its portfolio to balance long-term resource development with operational flexibility.

Murphy Oil’s exploration and production activities are geographically diversified.