Zacks Research Has Optimistic View of Murphy Oil Q4 Earnings

Key Points

• Zacks Research raised its Q4 2026 EPS estimate for Murphy Oil to $0.73, up from $0.71; full-year consensus earnings are $2.77 per share.
• Murphy Oil’s latest quarterly results showed revenue growth of 33.5% year over year to $926.33 million, though EPS of $1.55 slightly missed analysts’ $1.57 estimate.
• Analyst sentiment remains cautious, with the stock carrying an average “Hold” rating and a $37.25 average price target; shares recently traded near $36.42 while offering a 3.8% dividend yield.

Murphy Oil Corporation (NYSE:MUR - Free Report) - Equities researchers at Zacks Research upped their Q4 2026 earnings estimates for Murphy Oil in a note issued to investors on Friday, September 4th. Zacks Research analyst Team now anticipates that the oil and gas producer will post earnings of $0.73 per share for the quarter, up from their previous forecast of $0.71. 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 Q1 2028 earnings at $0.76 EPS, Q2 2028 earnings at $0.55 EPS and FY2028 earnings at $2.60 EPS.

Murphy Oil (NYSE:MUR - Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The oil and gas producer reported $1.55 earnings per share (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 company had revenue of $926.33 million for the quarter, compared to the consensus estimate of $888.51 million. During the same quarter in the previous year, the firm posted $0.27 earnings per share. The business's revenue for the quarter was up 33.5% compared to the same quarter last year.

Other equities analysts have also issued reports about the stock. UBS Group cut their price objective on shares of Murphy Oil from $41.00 to $38.00 and set a "neutral" rating for the company in a research report on Friday, August 7th. Weiss Ratings reiterated a "hold (c)" rating on shares of Murphy Oil in a research note on Wednesday, June 24th. Wall Street Zen downgraded shares of Murphy Oil from a "buy" rating to a "hold" rating in a report on Saturday, June 27th. Wells Fargo & Company reduced their price target on shares of Murphy Oil from $45.00 to $41.00 and set an "equal weight" rating for the company in a research report on Wednesday. Finally, Morgan Stanley reaffirmed an "underweight" rating and issued a $36.00 price target on shares of Murphy Oil in a report on Wednesday, August 19th. Three investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $37.25.

Murphy Oil Stock Down 0.1%

MUR stock opened at $36.42 on Monday. The stock has a 50-day simple moving average of $35.75 and a two-hundred day simple moving average of $36.86. Murphy Oil has a twelve month low of $24.49 and a twelve month high of $43.34. The firm has a market capitalization of $5.22 billion, a PE ratio of 18.03 and a beta of 0.50. The company has a quick ratio of 0.80, a current ratio of 0.85 and a debt-to-equity ratio of 0.29.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in MUR. BlackRock Inc. purchased a new position in shares of Murphy Oil in the 2nd quarter worth about $626,514,000. California State Teachers Retirement System raised its holdings in shares of Murphy Oil by 3,119.7% during the 2nd quarter. California State Teachers Retirement System now owns 5,130,609 shares of the oil and gas producer's stock valued at $157,574,000 after buying an additional 4,971,260 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its position in Murphy Oil by 105.6% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,310,884 shares of the oil and gas producer's stock worth $136,574,000 after buying an additional 1,700,498 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in Murphy Oil in the 2nd quarter worth approximately $49,681,000. Finally, Bank of America Corp DE purchased a new stake in Murphy Oil in the second quarter worth approximately $45,719,000. Institutional investors own 78.31% of the company's stock.

Murphy Oil Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Monday, August 17th were given a dividend of $0.35 per share. The ex-dividend date was Monday, August 17th. This represents a $1.40 annualized dividend and a dividend yield of 3.8%. Murphy Oil's dividend payout ratio (DPR) is 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.

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