FY2026 EPS Estimates for Murphy Oil Lifted by Zacks Research

Key Points

• Zacks Research raised Murphy Oil’s FY2026 EPS estimate to $2.99 from $2.97, above the current consensus estimate of $2.77. The firm also projects FY2027 EPS of $2.53.
• Murphy Oil’s latest quarterly results showed revenue of $926.33 million, up 33.5% year over year and above estimates, while EPS of $1.55 narrowly missed consensus by $0.02.
• Analysts have a consensus “Hold” rating and an average price target of $37.33. The company pays a $0.35 quarterly dividend, representing a 3.7% yield, while institutional investors own 78.31% of outstanding shares.

Murphy Oil Corporation (NYSE:MUR - Free Report) - Zacks Research lifted their FY2026 earnings per share estimates for shares of Murphy Oil in a research report issued to clients and investors on Friday, September 4th. Zacks Research analyst Team now forecasts that the oil and gas producer will post earnings of $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 - Get Free Report) last announced its earnings results on Wednesday, August 5th. The oil and gas producer reported $1.55 earnings per share for the quarter, missing the consensus estimate 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 for the quarter, compared to the consensus estimate of $888.51 million. During the same period in the prior year, the business earned $0.27 EPS. The company's quarterly revenue was up 33.5% compared to the same quarter last year.

MUR has been the topic of a number of other reports. The Goldman Sachs Group reiterated a "neutral" rating and issued a $34.00 target price on shares of Murphy Oil in a report on Monday. Mizuho upgraded Murphy Oil to a "hold" rating in a research report on Friday, July 31st. KeyCorp reduced their price objective on Murphy Oil from $48.00 to $43.00 and set an "overweight" rating for the company in a research note on Thursday, August 13th. Scotiabank restated a "sector perform" rating and issued a $44.00 target price on shares of Murphy Oil in a report on Wednesday, May 13th. Finally, Morgan Stanley reaffirmed an "underweight" rating and set a $36.00 target price on shares of Murphy Oil in a research report on Wednesday, August 19th. Three investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the company's stock. According to MarketBeat.com, Murphy Oil has a consensus rating of "Hold" and an average target price of $37.33.

Murphy Oil Stock Performance

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

Murphy Oil Announces Dividend

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

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. BlackRock Inc. acquired a new stake in Murphy Oil during the 2nd quarter worth about $626,514,000. Dimensional Fund Advisors LP increased its holdings in shares of Murphy Oil by 3.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 8,171,385 shares of the oil and gas producer's stock valued at $337,081,000 after purchasing an additional 238,326 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in shares of Murphy Oil by 2.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,572,610 shares of the oil and gas producer's stock valued at $174,144,000 after purchasing an additional 143,125 shares during the period. California State Teachers Retirement System lifted its position in shares of Murphy Oil by 3,119.7% in the second quarter. California State Teachers Retirement System now owns 5,130,609 shares of the oil and gas producer's stock worth $157,574,000 after purchasing an additional 4,971,260 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its position in shares of Murphy Oil by 105.6% in the first quarter. Arrowstreet Capital Limited Partnership now owns 3,310,884 shares of the oil and gas producer's stock worth $136,574,000 after purchasing an additional 1,700,498 shares in the last quarter. 78.31% of the stock is owned by institutional investors and hedge funds.

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.

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