Q4 Earnings Forecast for Murphy Oil Issued By Zacks Research

Murphy Oil Corporation (NYSE:MUR) – Zacks Research dropped their Q4 2027 earnings per share (EPS) estimates for Murphy Oil in a research report issued to clients and investors on Wednesday, February 11th. Zacks Research analyst Team now expects that the oil and gas producer will post earnings per share of $0.31 for the quarter, down from their previous estimate of $0.43. Zacks Research currently has a “Strong Sell” rating on the stock. The consensus estimate for Murphy Oil’s current full-year earnings is $2.94 per share.

Murphy Oil (NYSE:MUR) last issued its earnings results on Wednesday, January 28th. The oil and gas producer reported $0.14 earnings per share for the quarter, topping the consensus estimate of ($0.07) by $0.21. The company had revenue of $613.08 million for the quarter, compared to analyst estimates of $650.90 million. Murphy Oil had a return on equity of 3.75% and a net margin of 3.83%.The business’s revenue was down 6.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.35 EPS.

Several other research analysts have also commented on MUR. KeyCorp restated a “sector weight” rating on shares of Murphy Oil in a research note on Thursday, January 29th. Roth Mkm reiterated a “neutral” rating on shares of Murphy Oil in a report on Tuesday, January 6th. Weiss Ratings restated a “hold (c)” rating on shares of Murphy Oil in a report on Monday, December 29th. Morgan Stanley reduced their price target on Murphy Oil from $27.00 to $25.00 and set an “underweight” rating for the company in a research report on Friday, January 23rd. Finally, Wall Street Zen raised Murphy Oil from a “sell” rating to a “hold” rating in a report on Saturday, January 31st. Thirteen equities research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Murphy Oil presently has an average rating of “Reduce” and an average target price of $29.42.

Murphy Oil Trading Up 5.8%

NYSE:MUR opened at $34.26 on Thursday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.87 and a current ratio of 0.77. The company has a market capitalization of $4.89 billion, a P/E ratio of 47.59 and a beta of 0.78. The stock’s 50 day moving average price is $31.92 and its 200 day moving average price is $28.88. Murphy Oil has a 52 week low of $18.94 and a 52 week high of $35.19.

Institutional Investors Weigh In On Murphy Oil

Hedge funds and other institutional investors have recently modified their holdings of the stock. Charles Schwab Investment Management Inc. raised its stake in Murphy Oil by 1.6% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 5,700,148 shares of the oil and gas producer’s stock valued at $128,253,000 after purchasing an additional 89,382 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in shares of Murphy Oil by 7.0% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 4,766,534 shares of the oil and gas producer’s stock worth $107,247,000 after purchasing an additional 312,904 shares during the period. LSV Asset Management raised its position in shares of Murphy Oil by 3.3% during the second quarter. LSV Asset Management now owns 3,751,712 shares of the oil and gas producer’s stock valued at $84,414,000 after buying an additional 118,689 shares during the last quarter. American Century Companies Inc. lifted its stake in shares of Murphy Oil by 21.8% in the third quarter. American Century Companies Inc. now owns 3,736,815 shares of the oil and gas producer’s stock valued at $106,163,000 after buying an additional 668,525 shares during the period. Finally, AQR Capital Management LLC grew its position in Murphy Oil by 8.3% during the third quarter. AQR Capital Management LLC now owns 2,656,394 shares of the oil and gas producer’s stock worth $75,468,000 after buying an additional 204,349 shares in the last quarter. Institutional investors and hedge funds own 78.31% of the company’s stock.

Murphy Oil Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Tuesday, February 17th will be given a $0.35 dividend. This is an increase from Murphy Oil’s previous quarterly dividend of $0.33. This represents a $1.40 annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend is Tuesday, February 17th. Murphy Oil’s dividend payout ratio (DPR) is 180.56%.

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.