Scotiabank Estimates Murphy Oil’s FY2026 Earnings (NYSE:MUR)

Murphy Oil Corporation (NYSE:MUR) – Equities researchers at Scotiabank reduced their FY2026 earnings estimates for Murphy Oil in a research report issued on Wednesday, February 11th. Scotiabank analyst P. Cheng now expects that the oil and gas producer will earn $0.00 per share for the year, down from their previous estimate of $0.60. Scotiabank has a “Sector Perform” rating and a $31.00 price target on the stock. The consensus estimate for Murphy Oil’s current full-year earnings is $2.94 per share.

Other equities analysts have also issued reports about the company. The Goldman Sachs Group lifted their price objective on Murphy Oil from $26.00 to $29.00 and gave the company a “neutral” rating in a research note on Wednesday, February 11th. Morgan Stanley decreased their price objective on shares of Murphy Oil from $27.00 to $25.00 and set an “underweight” rating for the company in a research note on Friday, January 23rd. Barclays cut their target price on shares of Murphy Oil from $31.00 to $29.00 and set an “underweight” rating on the stock in a research note on Friday, January 30th. Mizuho upped their price target on shares of Murphy Oil from $33.00 to $35.00 and gave the stock a “neutral” rating in a research report on Thursday, January 15th. Finally, Piper Sandler lowered their price target on Murphy Oil from $34.00 to $32.00 and set a “neutral” rating for the company in a report on Monday, February 2nd. Thirteen equities research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Reduce” and a consensus price target of $29.42.

Murphy Oil Trading Down 4.9%

Shares of MUR opened at $31.97 on Monday. Murphy Oil has a twelve month low of $18.94 and a twelve month high of $35.19. The firm has a market capitalization of $4.56 billion, a P/E ratio of 44.40 and a beta of 0.78. The company has a current ratio of 0.77, a quick ratio of 0.87 and a debt-to-equity ratio of 0.27. The stock’s fifty day simple moving average is $31.96 and its 200 day simple moving average is $29.11.

Murphy Oil (NYSE:MUR) last announced its quarterly earnings results on Wednesday, January 28th. The oil and gas producer reported $0.14 earnings per share for the quarter, beating analysts’ consensus estimates 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 net margin of 3.83% and a return on equity of 3.75%. Murphy Oil’s revenue for the quarter was down 6.9% on a year-over-year basis. During the same quarter last year, the business earned $0.35 EPS.

Institutional Trading of Murphy Oil

Hedge funds and other institutional investors have recently modified their holdings of the business. CIBC Private Wealth Group LLC purchased a new position in Murphy Oil in the fourth quarter valued at about $26,000. Smartleaf Asset Management LLC boosted its stake in shares of 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 buying an additional 440 shares during the last quarter. Torren Management LLC acquired a new stake in shares of Murphy Oil during the fourth quarter worth approximately $37,000. Farther Finance Advisors LLC increased its stake in shares of Murphy Oil by 72.9% in the fourth quarter. Farther Finance Advisors LLC now owns 1,701 shares of the oil and gas producer’s stock worth $53,000 after buying an additional 717 shares during the last quarter. Finally, Allworth Financial LP raised its holdings in Murphy Oil by 39.7% in the second quarter. Allworth Financial LP now owns 2,440 shares of the oil and gas producer’s stock valued at $55,000 after acquiring an additional 693 shares in the last quarter. 78.31% of the stock is owned by hedge funds and other institutional investors.

Murphy Oil Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Tuesday, February 17th will be issued a $0.35 dividend. The ex-dividend date is Tuesday, February 17th. This represents a $1.40 dividend on an annualized basis and a yield of 4.4%. This is an increase from Murphy Oil’s previous quarterly dividend of $0.33. Murphy Oil’s dividend payout ratio (DPR) is presently 180.56%.

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.