Shares of Murphy Oil Corporation (NYSE:MUR – Get Free Report) have been given a consensus rating of “Hold” by the sixteen analysts that are presently covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a sell recommendation, eleven have assigned a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $38.3333.
A number of equities analysts have recently commented on MUR shares. Barclays lifted their price target on shares of Murphy Oil from $36.00 to $43.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 26th. Jefferies Financial Group cut Murphy Oil from a “buy” rating to an “underperform” rating in a report on Thursday, June 4th. KeyCorp upgraded shares of Murphy Oil from a “sector weight” rating to an “overweight” rating and set a $48.00 price objective for the company in a research note on Thursday, June 4th. Roth Capital reissued a “neutral” rating and issued a $36.00 target price on shares of Murphy Oil in a report on Thursday, May 7th. Finally, Morgan Stanley cut their price target on shares of Murphy Oil from $37.00 to $35.00 and set an “underweight” rating for the company in a report on Monday, June 29th.
Check Out Our Latest Stock Report on Murphy Oil
Key Stories Impacting Murphy Oil
- Positive Sentiment: Zacks Research raised its Q2 2026 EPS estimate for Murphy Oil to $0.98 from $0.80 and lifted FY2026 EPS to $2.85 from $2.69, suggesting better near-term profitability expectations.
- Neutral Sentiment: The firm’s current full-year consensus earnings estimate remains $3.09 per share, so the stock is still being judged against a relatively steady Wall Street benchmark.
- Negative Sentiment: Zacks Research trimmed several longer-dated forecasts, including Q1 2027 EPS to $0.58 from $0.62, Q3 2026 EPS to $0.86 from $0.87, Q3 2027 EPS to $0.81 from $0.83, Q4 2027 EPS to $0.66 from $0.68, Q2 2028 EPS to $0.65 from $0.70, and FY2028 EPS to $2.74 from $2.91, pointing to softer long-term earnings momentum.
- Negative Sentiment: FY2027 EPS estimates were also cut to $2.72 from $2.81, reinforcing the view that analysts see some compression in future profitability for Murphy Oil Corporation (NYSE: MUR).
Murphy Oil Stock Performance
Shares of MUR opened at $38.96 on Friday. The company’s fifty day moving average is $36.31 and its 200-day moving average is $35.91. Murphy Oil has a 12 month low of $21.86 and a 12 month high of $43.34. The firm has a market cap of $5.59 billion, a price-to-earnings ratio of 66.04 and a beta of 0.52. The company has a quick ratio of 0.77, a current ratio of 0.83 and a debt-to-equity ratio of 0.30.
Murphy Oil (NYSE:MUR – Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The oil and gas producer reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.03. Murphy Oil had a net margin of 3.02% and a return on equity of 3.09%. The business had revenue of $732.35 million for the quarter, compared to the consensus estimate of $702.96 million. During the same quarter 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. Equities analysts expect that Murphy Oil will post 3.11 EPS for the current fiscal year.
Hedge Funds Weigh In On Murphy Oil
A number of institutional investors have recently modified their holdings of the stock. SG Americas Securities LLC raised its position in Murphy Oil by 32.0% in the 4th quarter. SG Americas Securities LLC now owns 122,420 shares of the oil and gas producer’s stock worth $3,826,000 after purchasing an additional 29,689 shares during the last quarter. Pacific Heights Asset Management LLC increased its holdings in Murphy Oil by 10.0% in the fourth quarter. Pacific Heights Asset Management LLC now owns 550,000 shares of the oil and gas producer’s stock valued at $17,188,000 after purchasing an additional 50,000 shares during the last quarter. Y Intercept Hong Kong Ltd acquired a new stake in shares of Murphy Oil in the 1st quarter valued at approximately $1,745,000. State of Alaska Department of Revenue lifted its holdings in Murphy Oil by 138.2% during the fourth quarter. State of Alaska Department of Revenue now owns 34,936 shares of the oil and gas producer’s stock worth $1,090,000 after acquiring an additional 20,271 shares in the last quarter. Finally, Flax Pond Capital LLC bought a new position in shares of Murphy Oil during the 4th quarter valued at about $6,967,000. 78.31% of the stock is owned by institutional investors.
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.
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