Murphy Oil (MUR) Projected to Announce Earnings on Wednesday

Key Points

• Murphy Oil is expected to report Q3 2026 results after the market closes Wednesday, November 4. Analysts project earnings of $0.907 per share on revenue of approximately $781.5 million, with an earnings call scheduled for November 5.
• In its previous quarter, Murphy Oil reported $1.55 in EPS, slightly below estimates, while revenue rose 33.5% year over year to $926.3 million.
• The company declared a quarterly dividend of $0.35 per share, equivalent to $1.40 annually and a 3.2% yield. Analysts collectively rate the stock “Hold,” with an average price target of $39.75.

Murphy Oil (NYSE:MUR - Get Free Report) is anticipated to post its Q3 2026 results after the market closes on Wednesday, November 4th. Analysts expect the company to announce earnings of $0.9070 per share and revenue of $781.53 million for the quarter. Investors are encouraged to explore the company's upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Thursday, November 5, 2026 at 9:00 AM ET.

Murphy Oil (NYSE:MUR - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The oil and gas producer reported $1.55 earnings per share for the quarter, missing analysts' consensus estimates of $1.57 by ($0.02). The company had revenue of $926.33 million during the quarter, compared to analyst estimates of $888.51 million. During the same quarter in the previous year, the business posted $0.27 EPS. The company's revenue for the quarter was up 33.5% compared to the same quarter last year. On average, analysts expect Murphy Oil to post $3.65 EPS for the current fiscal year and $3.79 EPS for the next fiscal year.

Murphy Oil Price Performance

Shares of Murphy Oil stock opened at $43.13 on Wednesday. The business has a fifty day simple moving average of $38.29 and a two-hundred day simple moving average of $36.63. Murphy Oil has a 1 year low of $26.49 and a 1 year high of $45.03. The company has a market capitalization of $6.18 billion, a price-to-earnings ratio of 21.35 and a beta of 0.59.

Murphy Oil Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Monday, November 16th will be issued a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 3.2%. The ex-dividend date is Monday, November 16th. Murphy Oil's payout ratio is currently 69.31%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on MUR shares. KeyCorp increased their price objective on shares of Murphy Oil from $43.00 to $47.00 and gave the company an "overweight" rating in a research report on Tuesday, September 15th. The Goldman Sachs Group lifted their target price on shares of Murphy Oil from $36.00 to $44.00 and gave the stock a "neutral" rating in a report on Tuesday. Barclays lowered shares of Murphy Oil from an "equal weight" rating to an "underweight" rating and decreased their price target for the company from $38.00 to $34.00 in a research note on Friday, August 14th. Seaport Research Partners initiated coverage on shares of Murphy Oil in a report on Thursday, September 3rd. They issued a "neutral" rating on the stock. Finally, Scotiabank initiated coverage on shares of Murphy Oil in a report on Wednesday, October 14th. They issued a "sector perform" rating and a $41.00 price target on the stock. Four research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $39.75.

About Murphy Oil

Murphy Oil Corporation NYSE: MUR is an independent oil and natural gas exploration and production company. Its activities include identifying, acquiring, developing and producing crude oil, natural gas and natural gas liquids, with a focus on high-quality assets in North America.

The company's operations are primarily located in the United States, including onshore assets in the Eagle Ford Shale of South Texas and offshore properties in the Gulf of Mexico. Murphy Oil has also historically maintained exploration and production interests in Canada and other international regions, although its current portfolio is concentrated in the United States.

Founded in 1950, Murphy Oil has evolved from a diversified energy company into a focused exploration and production business.

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