FY2026 EPS Estimates for Murphy Oil Raised by Zacks Research

Murphy Oil Corporation (NYSE:MUR) – Equities researchers at Zacks Research upped their FY2026 EPS estimates for Murphy Oil in a research note issued to investors on Friday, September 4th. Zacks Research analyst Team now forecasts that the oil and gas producer will earn $2.99 per share for the year, up from their prior estimate of $2.97. The consensus estimate for Murphy Oil’s current full-year earnings is $2.77 per share. Zacks Research also issued estimates for Murphy Oil’s Q2 2027 earnings at $0.53 EPS, Q3 2027 earnings at $0.71 EPS and FY2027 earnings at $2.53 EPS.

Murphy Oil (NYSE:MUR) last issued its earnings results on Wednesday, August 5th. The oil and gas producer reported $1.55 EPS for the quarter, missing analysts’ consensus estimates of $1.57 by ($0.02). Murphy Oil had a net margin of 9.74% and a return on equity of 6.63%. The firm had revenue of $926.33 million during the quarter, compared to analysts’ expectations of $888.51 million. During the same quarter last year, the firm earned $0.27 EPS. The business’s revenue for the quarter was up 33.5% compared to the same quarter last year.

Several other equities analysts also recently commented on the stock. Wall Street Zen downgraded shares of Murphy Oil from a “buy” rating to a “hold” rating in a research report on Saturday, June 27th. Jefferies Financial Group cut Murphy Oil from a “buy” rating to an “underperform” rating in a research report on Thursday, June 4th. The Goldman Sachs Group reiterated a “neutral” rating and set a $34.00 price target on shares of Murphy Oil in a research note on Monday. KeyCorp lowered their price objective on Murphy Oil from $48.00 to $43.00 and set an “overweight” rating on the stock in a report on Thursday, August 13th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Murphy Oil in a report on Wednesday, June 24th. Three investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $37.33.

Murphy Oil Price Performance

Shares of MUR opened at $37.52 on Wednesday. The firm’s 50 day moving average price is $35.90 and its 200 day moving average price is $36.92. Murphy Oil has a twelve month low of $24.80 and a twelve month high of $43.34. The firm has a market cap of $5.38 billion, a PE ratio of 18.57 and a beta of 0.50. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.80 and a current ratio of 0.85.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. NewEdge Wealth LLC lifted its position in Murphy Oil by 2.6% during the 1st quarter. NewEdge Wealth LLC now owns 10,954 shares of the oil and gas producer’s stock worth $452,000 after acquiring an additional 281 shares during the last quarter. Baron Wealth Management LLC boosted its holdings in Murphy Oil by 2.6% during the first quarter. Baron Wealth Management LLC now owns 12,118 shares of the oil and gas producer’s stock valued at $500,000 after acquiring an additional 304 shares during the period. Rehmann Capital Advisory Group grew its position in shares of Murphy Oil by 4.4% in the second quarter. Rehmann Capital Advisory Group now owns 7,774 shares of the oil and gas producer’s stock valued at $253,000 after purchasing an additional 328 shares during the last quarter. Arizona State Retirement System grew its position in shares of Murphy Oil by 0.9% in the second quarter. Arizona State Retirement System now owns 37,576 shares of the oil and gas producer’s stock valued at $1,223,000 after purchasing an additional 330 shares during the last quarter. Finally, Parallel Advisors LLC increased its stake in shares of Murphy Oil by 3.7% in the fourth quarter. Parallel Advisors LLC now owns 11,091 shares of the oil and gas producer’s stock worth $347,000 after purchasing an additional 400 shares during the period. Institutional investors own 78.31% of the company’s stock.

Murphy Oil Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Monday, August 17th were paid a $0.35 dividend. The ex-dividend date was Monday, August 17th. This represents a $1.40 dividend on an annualized basis and a yield of 3.7%. Murphy Oil’s dividend payout ratio (DPR) is presently 69.31%.

Murphy Oil Company Profile

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.