NYSE:MUR Murphy Oil (MUR) Stock Forecast, Price & News $43.88 -1.47 (-3.24%) (As of 10/2/2023 ET) Add Compare Share Share Today's Range$43.38▼$45.6350-Day Range$41.80▼$46.5552-Week Range$32.80▼$51.28Volume1.22 million shsAverage Volume1.67 million shsMarket Capitalization$6.85 billionP/E Ratio6.79Dividend Yield2.51%Price Target$49.10 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Murphy Oil MarketRank™ ForecastAnalyst RatingModerate Buy2.64 Rating ScoreUpside/Downside12.4% Upside$49.30 Price TargetShort InterestHealthy3.04% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-6.69Upright™ Environmental ScoreNews Sentiment0.79Based on 7 Articles This WeekInsider TradingSelling Shares$4.81 M Sold Last QuarterProj. Earnings Growth32.58%From $4.45 to $5.90 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.2.96 out of 5 starsOils/Energy Sector78th out of 251 stocksCrude Petroleum & Natural Gas Industry38th out of 82 stocks 3.3 Analyst's Opinion Consensus RatingMurphy Oil has received a consensus rating of Moderate 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 $49.30, Murphy Oil has a forecasted upside of 12.4% from its current price of $43.88.Amount of Analyst CoverageMurphy Oil has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.04% 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 2.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Murphy Oil has recently increased by 2.27%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldMurphy Oil pays a meaningful dividend of 2.43%, 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 17.03%. 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 18.64% 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 0.79. 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 0.63 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Murphy Oil this week, compared to 4 articles on an average week.Search Interest7 people have searched for MUR on MarketBeat in the last 30 days. This is an increase of 40% compared to the previous 30 days.MarketBeat Follows12 people have added Murphy Oil to their MarketBeat watchlist in the last 30 days. This is an increase of 500% 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 $4,810,267.00 in company stock.Percentage Held by InsidersOnly 6.20% of the stock of Murphy Oil is held by insiders.Percentage Held by Institutions79.30% 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 32.58% in the coming year, from $4.45 to $5.90 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Murphy Oil is 6.79, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.48.Price to Earnings Ratio vs. SectorThe P/E ratio of Murphy Oil is 6.79, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 13.20.Price to Book Value per Share RatioMurphy Oil has a P/B Ratio of 1.32. 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 Corporation, together with its subsidiaries, operates as an oil and natural 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. The company was incorporated in 1950 and is headquartered in Houston, Texas.Read More MUR Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MUR Stock News HeadlinesOctober 2, 2023 | americanbankingnews.comAnalysts Issue Forecasts for Murphy Oil Co.'s Q3 2023 Earnings (NYSE:MUR)September 27, 2023 | americanbankingnews.comMurphy Oil Co. (NYSE:MUR) Given Consensus Rating of "Moderate Buy" by BrokeragesOctober 2, 2023 | Legacy Research (Ad)Man Gets Into a Self-Driving Tesla… What Happens Next will Shock Everyone (Video)“Hi, I’m Teeka Tiwari...I’m about to get in this Tesla and drive up to a facility just a few miles from here to show you what could be the secret behind Elon Musk’s new AI project… What happens next will shock you…”September 15, 2023 | finance.yahoo.comMurphy Oil exits Placid Montney with close of Canadian asset saleSeptember 15, 2023 | finance.yahoo.comIs the Options Market Predicting a Spike in Murphy Oil (MUR) Stock?September 15, 2023 | markets.businessinsider.comMurphy Oil Unit Closes Non-Core Canadian Asset Sale - Quick FactsSeptember 15, 2023 | finance.yahoo.comMurphy Oil Corporation Announces Close of Non-Core Canadian Asset Sale, Advances Capital Allocation Framework With Redemption of 5.750% Senior Notes Due 2025September 10, 2023 | seekingalpha.comMurphy Oil: Adding Risk By Expanding In West AfricaOctober 2, 2023 | Legacy Research (Ad)Man Gets Into a Self-Driving Tesla… What Happens Next will Shock Everyone (Video)“Hi, I’m Teeka Tiwari...I’m about to get in this Tesla and drive up to a facility just a few miles from here to show you what could be the secret behind Elon Musk’s new AI project… What happens next will shock you…”September 4, 2023 | finance.yahoo.comReturns Are Gaining Momentum At Murphy Oil (NYSE:MUR)August 31, 2023 | msn.comMurphy Oil (MUR) Price Target Increased by 6.54% to 50.93August 20, 2023 | finance.yahoo.comThose who invested in Murphy Oil (NYSE:MUR) three years ago are up 250%August 17, 2023 | msn.comUBS Maintains Murphy Oil (MUR) Neutral RecommendationAugust 10, 2023 | benzinga.comMurphy Oil Recent Insider ActivityAugust 10, 2023 | benzinga.comVice President of Murphy Oil Sold $429K In StockAugust 3, 2023 | seekingalpha.comMurphy Oil Corporation 2023 Q2 - Results - Earnings Call PresentationAugust 3, 2023 | marketwatch.comMurphy Oil Posts Lower 2Q Profit, Sales as Energy Prices CoolAugust 3, 2023 | markets.businessinsider.comMurphy Oil Q2 Profit Decreases, but beats estimatesAugust 3, 2023 | finance.yahoo.comMurphy Oil (MUR) Q2 Earnings and Revenues Top EstimatesJuly 27, 2023 | finance.yahoo.comMurphy Oil Corporation: Oil and Gas Producers: Incorporating Lower Well Costs From 2024July 11, 2023 | msn.comMurphy Oil's Deleveraging Efforts, Production Opportunities Warrant Overweight Rating, KeyBanc SaysJuly 11, 2023 | markets.businessinsider.comThe Latest Analyst Ratings for Murphy OilJuly 11, 2023 | msn.comKeybanc Initiates Coverage of Murphy Oil (MUR) with Overweight RecommendationJuly 11, 2023 | msn.comMurphy Oil moves up as KeyBanc starts at Buy on strengthening balance sheetJune 26, 2023 | seekingalpha.comMurphy Oil: A Small But Solid Domestic E&P CompanyJune 14, 2023 | thestreet.comMurphy Oil Reaches New 52-Week High (MUR)June 13, 2023 | msn.comWhat 12 Analyst Ratings Have To Say About Murphy OilSee More Headlines 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 Company Calendar Last Earnings8/03/2023Ex-Dividend for 9/1 Dividend8/11/2023Dividend Payable9/01/2023Today10/02/2023Next Earnings (Confirmed)11/02/2023Fiscal 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) 675-9000Fax870-864-6373Employees691Year Founded1950Price Target and Rating Average Stock Price Forecast$49.30 High Stock Price Forecast$56.00 Low Stock Price Forecast$41.00 Forecasted Upside/Downside+11.9%Consensus RatingModerate Buy Rating Score (0-4)2.64 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$6.46 Trailing P/E Ratio6.79 Forward P/E Ratio9.86 P/E GrowthN/ANet Income$965.05 million Net Margins25.86% Pretax Margin35.88% Return on Equity15.09% Return on Assets7.63% Debt Debt-to-Equity Ratio0.34 Current Ratio0.84 Quick Ratio0.78 Sales & Book Value Annual Sales$3.93 billion Price / Sales1.74 Cash Flow$10.40 per share Price / Cash Flow4.22 Book Value$33.12 per share Price / Book1.32Miscellaneous Outstanding Shares156,130,000Free Float146,447,000Market Cap$6.85 billion OptionableOptionable Beta2.35 Social Links Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. Roger W. Jenkins (Age 61)CEO, Pres & Director Comp: $3.27MMr. Thomas J. Mireles (Age 50)Exec. VP & CFO Comp: $1.2MMr. Eric M. Hambly (Age 48)Exec. VP of Operations Comp: $1.47MMr. E. Ted Botner (Age 58)Sr. VP, Gen. Counsel & Corp. Sec. Comp: $1.07MMr. Daniel R. Hanchera (Age 65)Sr. VP of Bus. Devel. Comp: $927.2kMs. Maria A. Martinez (Age 48)VP of HR & Admin. Ms. Kelly L. Whitley (Age 58)VP of Investor Relations & Communications Mr. John B. Gardner (Age 54)VP of Marketing & Supply Chain Ms. Meenambigai Palanivelu (Age 49)VP of Sustainability Mr. Paul D. Vaughan (Age 56)VP & Controller More ExecutivesKey CompetitorsMatador ResourcesNYSE:MTDRSouthwestern EnergyNYSE:SWNAntero ResourcesNYSE:ARRange ResourcesNYSE:RRCChord EnergyNASDAQ:CHRDView All CompetitorsInsiders & InstitutionsBarclays PLCBought 94,371 shares on 9/21/2023Ownership: 0.147%Elisabeth W KellerSold 1,116 sharesTotal: $50,766.84 ($45.49/share)California State Teachers Retirement SystemSold 4,628 shares on 8/21/2023Ownership: 0.116%Teachers Retirement System of The State of KentuckyBought 2,405 shares on 8/21/2023Ownership: 0.017%Osaic Holdings Inc.Bought 3,486 shares on 8/21/2023Ownership: 0.014%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 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 analysts is that investors should "moderate 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 analysts have issued 12-month target prices for Murphy Oil's shares. Their MUR share price forecasts range from $41.00 to $56.00. On average, they expect the company's stock price to reach $49.30 in the next year. This suggests a possible upside of 12.4% 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 start of the year. Since then, MUR shares have increased by 2.0% and is now trading at $43.88. View the best growth stocks for 2023 here. Are investors shorting Murphy Oil? Murphy Oil saw a decrease in short interest in August. As of August 31st, there was short interest totaling 4,400,000 shares, a decrease of 17.9% from the August 15th total of 5,360,000 shares. Based on an average trading volume of 1,610,000 shares, the short-interest ratio is presently 2.7 days. Approximately 3.0% of the company's shares are sold short. View Murphy Oil's Short Interest. When is Murphy Oil's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023. View our MUR earnings forecast. How can I listen to Murphy Oil's earnings call? Murphy Oil will be holding an earnings conference call on Thursday, November 2nd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Murphy Oil's earnings last quarter? Murphy Oil Co. (NYSE:MUR) released its quarterly earnings data on Thursday, August, 3rd. The oil and gas producer reported $0.79 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.74 by $0.05. The oil and gas producer earned $814.60 million during the quarter, compared to analysts' expectations of $779.77 million. Murphy Oil had a trailing twelve-month return on equity of 15.09% and a net margin of 25.86%. The company's quarterly revenue was down 26.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.93 EPS. How often does Murphy Oil pay dividends? What is the dividend yield for Murphy Oil? Murphy Oil declared a quarterly dividend on Wednesday, August 2nd. Stockholders of record on Monday, August 14th will be given a dividend of $0.275 per share on Friday, September 1st. This represents a $1.10 dividend on an annualized basis and a yield of 2.51%. The ex-dividend date of this dividend is Friday, August 11th. 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 Inspire Faithward Mid Cap Momentum ETF (GLRY), Invesco Energy Exploration & Production ETF (PXE), First Trust Natural Gas ETF (FCG), SPDR S&P Oil & Gas Exploration & Production ETF (XOP), Invesco Dorsey Wright Energy Momentum ETF (PXI), First Trust Bloomberg Inflation Sensitive Equity ETF (FTIF), Alpha Architect U.S. Quantitative Value ETF (QVAL) and Invesco S&P MidCap Value with Momentum ETF (XMVM). 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 2.43%. 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 17.03%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MUR will have a dividend payout ratio of 18.64% 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." 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 $43.88. How much money does Murphy Oil make? Murphy Oil (NYSE:MUR) has a market capitalization of $6.85 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 $6.46 on an earnings per share basis. How many employees does Murphy Oil have? The company employs 691 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 10/2/2023 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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