NYSE:MUR Murphy Oil (MUR) Stock Forecast, Price & News $37.87 +2.11 (+5.90%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$36.43▼$38.1550-Day Range$33.23▼$39.7252-Week Range$25.97▼$51.28Volume1.74 million shsAverage Volume1.53 million shsMarket Capitalization$5.91 billionP/E Ratio4.69Dividend Yield2.90%Price Target$47.50 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Murphy Oil MarketRank™ ForecastAnalyst RatingModerate Buy2.64 Rating ScoreUpside/Downside25.4% Upside$47.50 Price TargetShort InterestBearish5.53% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-6.69Upright™ Environmental ScoreNews Sentiment0.88Based on 9 Articles This WeekInsider TradingSelling Shares$509,530 Sold Last QuarterProj. Earnings Growth23.43%From $5.42 to $6.69 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.07 out of 5 starsOils/Energy Sector17th out of 245 stocksCrude Petroleum & Natural Gas Industry11th out of 79 stocks 4.3 Analyst's Opinion Consensus RatingMurphy Oil has received a consensus rating of Buy. The company's average rating score is 2.64, and is based on 7 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $47.50, Murphy Oil has a forecasted upside of 25.4% from its current price of $37.87.Amount of Analyst CoverageMurphy Oil has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.0 Short Interest Percentage of Shares Shorted5.53% of the float of Murphy Oil has been sold short.Short Interest Ratio / Days to CoverMurphy Oil has a short interest ratio ("days to cover") of 4.9.Change versus previous monthShort interest in Murphy Oil has recently increased by 13.93%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldMurphy Oil pays a meaningful dividend of 3.08%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMurphy Oil has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Murphy Oil is 13.63%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Murphy Oil will have a dividend payout ratio of 16.44% next year. This indicates that Murphy Oil will be able to sustain or increase its dividend. Previous Next 1.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreMurphy Oil has received a -17.78% net impact score from Upright. The largest negative impact of Murphy Oil in category "GHG emissions" seems to be driven mostly by its "Oil drilling services", "Oil exploration services", and "Natural gas exploration services" products. See details.Environmental SustainabilityThe Environmental Impact score for Murphy Oil is -6.69. Previous Next 3.8 News and Social Media Coverage News SentimentMurphy Oil has a news sentiment score of 0.88. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.65 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Murphy Oil this week, compared to 4 articles on an average week.Search Interest4 people have searched for MUR on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.MarketBeat Follows3 people have added Murphy Oil to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Murphy Oil insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $509,530.00 in company stock.Percentage Held by InsidersOnly 5.92% of the stock of Murphy Oil is held by insiders.Percentage Held by Institutions77.55% of the stock of Murphy Oil is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Murphy Oil are expected to grow by 23.43% in the coming year, from $5.42 to $6.69 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Murphy Oil is 4.69, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.59.Price to Earnings Ratio vs. SectorThe P/E ratio of Murphy Oil is 4.69, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 50.26.Price to Book Value per Share RatioMurphy Oil has a P/B Ratio of 1.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Murphy Oil (NYSE:MUR) StockMurphy Oil Corp. is a holding company, which engages in the exploration and production of oil and natural gas. It operates through the Exploration and Production and Corporate and Other segment. The Exploration and Production segment includes the United States, Canada, and all other countries. The Corporate and Other segment focuses on interest income, other gains and losses, interest expense, and unallocated overhead. The company was founded by Charles H. Murphy Jr. in 1950 and is headquartered in Houston, TX.Read More Receive MUR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Murphy Oil and its competitors with MarketBeat's FREE daily newsletter. Email Address MUR Stock News HeadlinesJune 2, 2023 | finance.yahoo.comWhy Is Murphy Oil (MUR) Up 7.1% Since Last Earnings Report?May 28, 2023 | americanbankingnews.comBrokerages Set Murphy Oil Co. (NYSE:MUR) PT at $47.50June 3, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.May 26, 2023 | finance.yahoo.comMurphy Oil (MUR) to Gain From Acquisitions & InvestmentsMay 24, 2023 | msn.comHere’s Why Murphy Oil (MUR) Might Be Worth Speculating OnMay 23, 2023 | americanbankingnews.comMizuho Trims Murphy Oil (NYSE:MUR) Target Price to $48.00May 22, 2023 | msn.comMurphy Oil: Undervalued And Solid Performance So FarMay 21, 2023 | americanbankingnews.comInsider Selling: Murphy Oil Co. (NYSE:MUR) CFO Sells $509,530.00 in StockJune 3, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.May 19, 2023 | americanbankingnews.comMurphy Oil (NYSE:MUR) Price Target Lowered to $59.00 at Piper SandlerMay 18, 2023 | americanbankingnews.comMurphy Oil (NYSE:MUR) Now Covered by Analysts at StockNews.comMay 15, 2023 | americanbankingnews.comMorgan Stanley Increases Murphy Oil (NYSE:MUR) Price Target to $44.00May 14, 2023 | americanbankingnews.comMurphy Oil Co. (NYSE:MUR) to Post FY2023 Earnings of $5.63 Per Share, Capital One Financial ForecastsMay 11, 2023 | americanbankingnews.comAnalysts Offer Predictions for Murphy Oil Co.'s Q2 2023 Earnings (NYSE:MUR)May 9, 2023 | msn.comMurphy Oil's Return On Capital Employed OverviewMay 7, 2023 | finance.yahoo.comBe Sure To Check Out Murphy Oil Corporation (NYSE:MUR) Before It Goes Ex-DividendMay 5, 2023 | americanbankingnews.comAnalysts Issue Forecasts for Murphy Oil Co.'s FY2023 Earnings (NYSE:MUR)May 5, 2023 | americanbankingnews.comMurphy Oil Co. (NYSE:MUR) Receives $47.70 Average Price Target from AnalystsMay 3, 2023 | seekingalpha.comMurphy Oil Corporation 2023 Q1 - Results - Earnings Call PresentationMay 2, 2023 | americanbankingnews.comMurphy Oil (NYSE:MUR) versus PetroQuest Energy (OTCMKTS:PQUE) Critical ContrastMay 1, 2023 | americanbankingnews.comMurphy Oil Co. (NYSE:MUR) Sees Significant Growth in Short InterestMay 1, 2023 | americanbankingnews.comMurphy Oil (MUR) Set to Announce Quarterly Earnings on WednesdayApril 28, 2023 | fool.comMurphy Oil (NYSE: MUR)April 26, 2023 | americanbankingnews.comQ2 2023 Earnings Forecast for Murphy Oil Co. (NYSE:MUR) Issued By Capital One FinancialApril 24, 2023 | americanbankingnews.comMurphy Oil (NYSE:MUR) Price Target Raised to $41.00April 23, 2023 | americanbankingnews.comQ1 2023 EPS Estimates for Murphy Oil Co. Increased by Capital One Financial (NYSE:MUR)April 22, 2023 | americanbankingnews.comMurphy Oil (NYSE:MUR) PT Lowered to $43.00 at Morgan StanleySee More Headlines MUR Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MUR Company Calendar Last Earnings5/03/2023Ex-Dividend for 6/1 Dividend5/12/2023Dividend Payable6/01/2023Today6/03/2023Next Earnings (Estimated)8/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Crude petroleum & natural gas Sub-IndustryIntegrated Oil & Gas SectorOils/Energy Current SymbolNYSE:MUR CUSIP62671710 CIK717423 Webwww.murphyoilcorp.com Phone(281) 675-9000Fax870-864-6373Employees696Year Founded1950Price Target and Rating Average Stock Price Forecast$47.50 High Stock Price Forecast$59.00 Low Stock Price Forecast$38.00 Forecasted Upside/Downside+25.4%Consensus RatingModerate Buy Rating Score (0-4)2.64 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$8.07 Trailing P/E Ratio4.69 Forward P/E Ratio6.99 P/E GrowthN/ANet Income$965.05 million Net Margins30.08% Pretax Margin42.64% Return on Equity19.42% Return on Assets9.32% Debt Debt-to-Equity Ratio0.34 Current Ratio0.78 Quick Ratio0.72 Sales & Book Value Annual Sales$3.93 billion Price / Sales1.50 Cash Flow$11.37 per share Price / Cash Flow3.33 Book Value$33.98 per share Price / Book1.11Miscellaneous Outstanding Shares156,100,000Free Float146,857,000Market Cap$5.91 billion OptionableOptionable Beta2.37 Social Links Key ExecutivesRoger W. JenkinsPresident, Chief Executive Officer & DirectorEric M. HamblyExecutive Vice President-OperationsThomas J. MirelesChief Financial Officer & Executive Vice PresidentE. Ted BotnerSecretary, Senior Vice President & General CounselPaul D. VaughanChief Accounting Officer, VP & ControllerKey CompetitorsSouthwestern EnergyNYSE:SWNMatador ResourcesNYSE:MTDRPermian ResourcesNASDAQ:PRChord EnergyNASDAQ:CHRDPDC EnergyNASDAQ:PDCEView All CompetitorsInsiders & InstitutionsPrelude Capital Management LLCBought 6,199 shares on 6/1/2023Ownership: 0.004%ProShare Advisors LLCSold 1,923 shares on 5/26/2023Ownership: 0.017%Toroso Investments LLCBought 10,935 shares on 5/23/2023Ownership: 0.014%Ameriprise Financial Inc.Bought 871,738 shares on 5/22/2023Ownership: 0.729%Thomas J MirelesSold 14,500 sharesTotal: $509,530.00 ($35.14/share)View All Insider TransactionsView All Institutional Transactions MUR Stock - Frequently Asked Questions Should I buy or sell Murphy Oil stock right now? 11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Murphy Oil in the last year. There are currently 4 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MUR shares. View MUR analyst ratings or view top-rated stocks. What is Murphy Oil's stock price forecast for 2023? 11 Wall Street research analysts have issued 1-year price targets for Murphy Oil's stock. Their MUR share price forecasts range from $38.00 to $59.00. On average, they anticipate the company's stock price to reach $47.50 in the next year. This suggests a possible upside of 25.4% from the stock's current price. View analysts price targets for MUR or view top-rated stocks among Wall Street analysts. How have MUR shares performed in 2023? Murphy Oil's stock was trading at $43.01 at the beginning of 2023. Since then, MUR stock has decreased by 12.0% and is now trading at $37.87. View the best growth stocks for 2023 here. When is Murphy Oil's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023. View our MUR earnings forecast. How were Murphy Oil's earnings last quarter? Murphy Oil Co. (NYSE:MUR) released its quarterly earnings data on Wednesday, May, 3rd. The oil and gas producer reported $1.24 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.95 by $0.29. The oil and gas producer had revenue of $841.72 million for the quarter, compared to analysts' expectations of $777.23 million. Murphy Oil had a net margin of 30.08% and a trailing twelve-month return on equity of 19.42%. The company's revenue for the quarter was up 52.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.73 EPS. How often does Murphy Oil pay dividends? What is the dividend yield for Murphy Oil? Murphy Oil announced a quarterly dividend on Wednesday, April 5th. Stockholders of record on Monday, May 15th will be given a dividend of $0.275 per share on Thursday, June 1st. This represents a $1.10 annualized dividend and a dividend yield of 2.90%. The ex-dividend date is Friday, May 12th. Read our dividend analysis for MUR. What ETFs hold Murphy Oil's stock? ETFs with the largest weight of Murphy Oil (NYSE:MUR) stock in their portfolio include Invesco DWA Energy Momentum ETF (PXI), Invesco Dynamic Energy Exploration & Production ETF (PXE), First Trust Natural Gas ETF (FCG), SPDR S&P Oil & Gas Exploration & Production ETF (XOP), Inspire Faithward Mid Cap Momentum ETF (GLRY), First Trust Bloomberg Inflation Sensitive Equity ETF (FTIF), Invesco S&P MidCap 400 Pure Growth ETF (RFG) and Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares (GUSH). Is Murphy Oil a good dividend stock? Murphy Oil (NYSE:MUR) pays an annual dividend of $1.10 per share and currently has a dividend yield of 3.08%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 13.63%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MUR will have a dividend payout ratio of 16.44% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for MUR. What is Roger W. Jenkins' approval rating as Murphy Oil's CEO? 57 employees have rated Murphy Oil Chief Executive Officer Roger W. Jenkins on Glassdoor.com. Roger W. Jenkins has an approval rating of 67% among the company's employees. What other stocks do shareholders of Murphy Oil own? Based on aggregate information from My MarketBeat watchlists, some companies that other Murphy Oil investors own include Intel (INTC), AT&T (T), Exxon Mobil (XOM), Pfizer (PFE), Cisco Systems (CSCO), General Electric (GE), Walt Disney (DIS), Gilead Sciences (GILD), Chevron (CVX) and Micron Technology (MU). What is Murphy Oil's stock symbol? Murphy Oil trades on the New York Stock Exchange (NYSE) under the ticker symbol "MUR." Who are Murphy Oil's major shareholders? Murphy Oil's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.70%), Dimensional Fund Advisors LP (4.83%), State Street Corp (4.43%), Hotchkis & Wiley Capital Management LLC (4.11%), FMR LLC (3.31%) and Geode Capital Management LLC (1.80%). Insiders that own company stock include Christopher D Hulse, E Ted Botner, Elisabeth W Keller, Eric M Hambly, John B Gardner, Kelly L Whitley, Laura A Sugg, Lawrence R Dickerson, Louis W Utsch, Louis W Utsch, Maria A Martinez, Paul D Vaughan, Robert Madison Murphy, Roger W Jenkins, T Jay Collins, Thomas J Mireles and Walentin Mirosh. View institutional ownership trends. How do I buy shares of Murphy Oil? Shares of MUR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Murphy Oil's stock price today? One share of MUR stock can currently be purchased for approximately $37.87. How much money does Murphy Oil make? Murphy Oil (NYSE:MUR) has a market capitalization of $5.91 billion and generates $3.93 billion in revenue each year. The oil and gas producer earns $965.05 million in net income (profit) each year or $8.07 on an earnings per share basis. How many employees does Murphy Oil have? The company employs 696 workers across the globe. How can I contact Murphy Oil? Murphy Oil's mailing address is 300 PEACH STREET P.O. BOX 7000, EL DORADO AR, 71731. The official website for the company is www.murphyoilcorp.com. The oil and gas producer can be reached via phone at (281) 675-9000, via email at investorrelations@murphyoilcorp.com, or via fax at 870-864-6373. This page (NYSE:MUR) was last updated on 6/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Murphy Oil Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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