Roth Capital Issues Negative Outlook for Murphy Oil Earnings

Key Points

• Roth Capital has reduced its Q3 2026 earnings estimate for Murphy Oil from $0.58 to $0.44 per share, currently maintaining a "Neutral" rating and a target price of $25.00.
• Murphy Oil's recent quarterly earnings were $0.27 per share, beating the consensus estimate of $0.21, but saw a 13.4% decrease in revenue compared to the same period last year.
• The company announced a quarterly dividend of $0.325 per share, representing an annual yield of 5.6%, with a payout ratio of 67.36%.

Murphy Oil Corporation (NYSE:MUR - Free Report) - Stock analysts at Roth Capital dropped their Q3 2026 earnings per share estimates for Murphy Oil in a research note issued on Thursday, August 7th. Roth Capital analyst L. Mariani now expects that the oil and gas producer will post earnings of $0.44 per share for the quarter, down from their prior estimate of $0.58. Roth Capital currently has a "Neutral" rating and a $25.00 target price on the stock. The consensus estimate for Murphy Oil's current full-year earnings is $2.94 per share.

Several other equities analysts also recently commented on MUR. KeyCorp reissued a "sector weight" rating on shares of Murphy Oil in a research report on Monday, April 21st. Barclays raised their price target on shares of Murphy Oil from $22.00 to $23.00 and gave the stock an "underweight" rating in a research note on Monday, July 7th. Scotiabank restated a "sector perform" rating and set a $26.00 target price (up previously from $22.00) on shares of Murphy Oil in a research report on Friday, July 11th. Johnson Rice cut shares of Murphy Oil from an "accumulate" rating to a "hold" rating in a report on Wednesday, May 21st. Finally, Morgan Stanley cut their price objective on shares of Murphy Oil from $27.00 to $26.00 and set an "underweight" rating on the stock in a research report on Friday, May 23rd. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, Murphy Oil currently has a consensus rating of "Hold" and an average price target of $29.46.

Murphy Oil Stock Up 2.3%

Shares of MUR traded up $0.52 during mid-day trading on Friday, reaching $23.17. The company's stock had a trading volume of 2,421,454 shares, compared to its average volume of 2,931,205. The company has a quick ratio of 0.77, a current ratio of 0.84 and a debt-to-equity ratio of 0.28. Murphy Oil has a 1 year low of $18.94 and a 1 year high of $39.46. The business has a fifty day moving average of $24.33 and a 200 day moving average of $24.33. The company has a market cap of $3.31 billion, a price-to-earnings ratio of 12.01 and a beta of 1.13.

Murphy Oil (NYSE:MUR - Get Free Report) last released its quarterly earnings results on Wednesday, August 6th. The oil and gas producer reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.06. The company had revenue of $695.57 million during the quarter, compared to analysts' expectations of $632.51 million. Murphy Oil had a return on equity of 5.25% and a net margin of 10.20%. The company's revenue for the quarter was down 13.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.81 earnings per share.

Hedge Funds Weigh In On Murphy Oil

Several large investors have recently modified their holdings of the business. LPL Financial LLC boosted its stake in shares of Murphy Oil by 14.5% in the 4th quarter. LPL Financial LLC now owns 64,386 shares of the oil and gas producer's stock valued at $1,948,000 after purchasing an additional 8,135 shares during the last quarter. World Investment Advisors bought a new position in Murphy Oil during the fourth quarter worth about $219,000. Wells Fargo & Company MN raised its position in shares of Murphy Oil by 2.0% in the fourth quarter. Wells Fargo & Company MN now owns 437,088 shares of the oil and gas producer's stock worth $13,226,000 after buying an additional 8,731 shares in the last quarter. Quadrant Capital Group LLC lifted its position in Murphy Oil by 16.8% during the fourth quarter. Quadrant Capital Group LLC now owns 4,353 shares of the oil and gas producer's stock valued at $132,000 after purchasing an additional 627 shares during the last quarter. Finally, Cerity Partners LLC lifted its position in Murphy Oil by 18.6% during the fourth quarter. Cerity Partners LLC now owns 9,576 shares of the oil and gas producer's stock valued at $304,000 after purchasing an additional 1,503 shares during the last quarter. Institutional investors own 78.31% of the company's stock.

Murphy Oil Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 2nd. Investors of record on Monday, August 18th will be given a dividend of $0.325 per share. The ex-dividend date is Monday, August 18th. This represents a $1.30 annualized dividend and a yield of 5.6%. Murphy Oil's dividend payout ratio (DPR) is currently 67.36%.

About Murphy Oil

Murphy Oil Corporation, together with its subsidiaries, operates as an oil and gas exploration and production company in the United States, Canada, and internationally. It explores for and produces crude oil, natural gas, and natural gas liquids. The company was formerly known as Murphy Corporation and changed its name to Murphy Oil Corporation in 1964.