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NYSE:MUR

Murphy Oil - MUR Stock Forecast, Price & News

$34.94
+1.12 (+3.31%)
(As of 08/11/2022 12:00 AM ET)
Add
Compare
Today's Range
$34.76
$35.89
50-Day Range
$27.00
$45.32
52-Week Range
$18.83
$45.79
Volume
2.16 million shs
Average Volume
1.93 million shs
Market Capitalization
$5.43 billion
P/E Ratio
10.65
Dividend Yield
2.07%
Price Target
$46.00

Murphy Oil MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
31.7% Upside
$46.00 Price Target
Short Interest
Healthy
4.52% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-6.69
Upright™ Environmental Score
News Sentiment
0.49mentions of Murphy Oil in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$12.12 M Sold Last Quarter
Proj. Earnings Growth
66.03%
From $5.27 to $8.75 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.26 out of 5 stars

Oils/Energy Sector

4th out of 256 stocks

Crude Petroleum & Natural Gas Industry

2nd out of 78 stocks

MUR stock logo

About Murphy Oil (NYSE:MUR) Stock

Murphy 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.

Analysts Set New Price Targets

MUR has been the topic of a number of research analyst reports. Truist Financial increased their price objective on shares of Murphy Oil from $41.00 to $60.00 in a research report on Thursday, April 21st. MKM Partners restated a "buy" rating and set a $38.00 price objective on shares of Murphy Oil in a research report on Wednesday, July 20th. JPMorgan Chase & Co. cut shares of Murphy Oil from an "overweight" rating to a "neutral" rating and set a $51.00 target price for the company. in a report on Thursday, May 5th. Piper Sandler reduced their target price on shares of Murphy Oil from $49.00 to $47.00 and set an "overweight" rating for the company in a report on Friday, July 22nd. Finally, The Goldman Sachs Group reduced their target price on shares of Murphy Oil from $45.00 to $34.00 and set a "neutral" rating for the company in a report on Tuesday, July 5th. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $46.00.

Murphy Oil Price Performance

Shares of NYSE:MUR traded up $1.12 during midday trading on Thursday, reaching $34.94. The stock had a trading volume of 2,156,015 shares, compared to its average volume of 1,930,797. The stock has a 50-day moving average of $33.85 and a 200-day moving average of $35.94. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.62 and a current ratio of 0.66. The company has a market capitalization of $5.43 billion, a price-to-earnings ratio of 10.31 and a beta of 2.56. Murphy Oil has a 12-month low of $18.83 and a 12-month high of $45.79.

Murphy Oil (NYSE:MUR - Get Rating) last announced its quarterly earnings data on Thursday, August 4th. The oil and gas producer reported $1.93 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.56 by $0.37. The firm had revenue of $1.10 billion during the quarter, compared to analysts' expectations of $880.87 million. Murphy Oil had a net margin of 17.00% and a return on equity of 12.07%. The company's revenue for the quarter was up 100.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.59 earnings per share. As a group, research analysts anticipate that Murphy Oil will post 5.27 EPS for the current fiscal year.

Murphy Oil Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 1st. Investors of record on Monday, August 15th will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 2.86%. This is a boost from Murphy Oil's previous quarterly dividend of $0.18. The ex-dividend date of this dividend is Friday, August 12th. Murphy Oil's dividend payout ratio (DPR) is presently 21.34%.

Insider Activity at Murphy Oil

In related news, SVP E Ted Botner sold 10,128 shares of the firm's stock in a transaction on Thursday, June 9th. The shares were sold at an average price of $45.00, for a total transaction of $455,760.00. Following the completion of the transaction, the senior vice president now directly owns 68,864 shares of the company's stock, valued at $3,098,880. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Murphy Oil news, CEO Roger W. Jenkins sold 225,000 shares of the stock in a transaction on Tuesday, May 31st. The shares were sold at an average price of $43.06, for a total transaction of $9,688,500.00. Following the completion of the transaction, the chief executive officer now owns 814,664 shares in the company, valued at $35,079,431.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP E Ted Botner sold 10,128 shares of the stock in a transaction on Thursday, June 9th. The shares were sold at an average price of $45.00, for a total transaction of $455,760.00. Following the transaction, the senior vice president now owns 68,864 shares of the company's stock, valued at approximately $3,098,880. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 279,742 shares of company stock valued at $12,115,092. Corporate insiders own 6.20% of the company's stock.

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MUR Stock News Headlines

Murphy Oil (MUR) Passes Through 3% Yield Mark
Murphy Oil (NYSE:MUR) Upgraded to Buy at StockNews.com
Murphy Oil (NYSE:MUR) Upgraded at StockNews.com
Murphy Oil (MUR) to Release Quarterly Earnings on Thursday
Analysts Set Murphy Oil Co. (NYSE:MUR) Price Target at $46.00
Murphy Oil (NYSE:MUR) PT Lowered to $47.00 at Piper Sandler
StockNews.com Downgrades Murphy Oil (NYSE:MUR) to Hold
Murphy Oil's (MUR) "Buy" Rating Reiterated at MKM Partners
Mizuho Trims Murphy Oil (NYSE:MUR) Target Price to $51.00
Is Murphy Oil (MUR) a Great Value Stock Right Now?
Murphy Oil: A Good Candidate For A Merger
See More Headlines
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MUR Company Calendar

Ex-Dividend for 6/1 Dividend
5/13/2022
Dividend Payable
6/01/2022
Last Earnings
8/04/2022
Today
8/11/2022
Ex-Dividend for 9/1 Dividend
8/12/2022
Dividend Payable
9/01/2022
Next Earnings (Estimated)
11/03/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
Integrated Oil & Gas
CUSIP
62671710
Employees
696
Year Founded
1950

Price Target and Rating

Average Stock Price Forecast
$46.00
High Stock Price Forecast
$60.00
Low Stock Price Forecast
$34.00
Forecasted Upside/Downside
+31.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
8 Analysts

Profitability

Net Income
$-73,660,000.00
Pretax Margin
28.77%

Debt

Sales & Book Value

Annual Sales
$2.30 billion
Cash Flow
$6.86 per share
Book Value
$28.87 per share

Miscellaneous

Free Float
145,815,000
Market Cap
$5.43 billion
Optionable
Optionable
Beta
2.56

Social Links















MUR Stock - Frequently Asked Questions

Should I buy or sell Murphy Oil stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Murphy Oil in the last twelve months. There are currently 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street 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 2022?

8 brokers have issued twelve-month target prices for Murphy Oil's shares. Their MUR share price forecasts range from $34.00 to $60.00. On average, they anticipate the company's stock price to reach $46.00 in the next twelve months. This suggests a possible upside of 28.7% 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 2022?

Murphy Oil's stock was trading at $26.11 at the start of the year. Since then, MUR shares have increased by 36.9% and is now trading at $35.75.
View the best growth stocks for 2022 here
.

Are investors shorting Murphy Oil?

Murphy Oil saw a increase in short interest in the month of July. As of July 15th, there was short interest totaling 8,100,000 shares, an increase of 27.4% from the June 30th total of 6,360,000 shares. Based on an average daily volume of 1,950,000 shares, the days-to-cover ratio is presently 4.2 days. Currently, 5.5% 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 3rd 2022.
View our MUR earnings forecast
.

How were Murphy Oil's earnings last quarter?

Murphy Oil Co. (NYSE:MUR) announced its quarterly earnings results on Thursday, August, 4th. The oil and gas producer reported $1.93 earnings per share for the quarter, beating analysts' consensus estimates of $1.56 by $0.37. The oil and gas producer earned $1.10 billion during the quarter, compared to analysts' expectations of $880.87 million. Murphy Oil had a net margin of 17.00% and a trailing twelve-month return on equity of 12.07%. The company's revenue for the quarter was up 100.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.59 EPS.

How often does Murphy Oil pay dividends? What is the dividend yield for Murphy Oil?

Murphy Oil announced a quarterly dividend on Wednesday, August 3rd. Investors of record on Monday, August 15th will be given a dividend of $0.25 per share on Thursday, September 1st. This represents a $1.00 annualized dividend and a yield of 2.80%. The ex-dividend date of this dividend is Friday, August 12th. This is a boost from the stock's previous quarterly dividend of $0.18.
Read our dividend analysis for MUR
.

Is Murphy Oil a good dividend stock?

Murphy Oil (NYSE:MUR) pays an annual dividend of $0.70 per share and currently has a dividend yield of 2.09%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 21.34%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MUR will have a dividend payout ratio of 8.00% 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 number of institutional and retail investors. Top institutional shareholders include JPMorgan Chase & Co. (0.77%), Principal Financial Group Inc. (0.37%), Ziegler Capital Management LLC (0.23%), Swiss National Bank (0.22%), Willis Investment Counsel (0.20%) and Brown Advisory Inc. (0.14%). Insiders that own company stock include Barry FR Jeffery, 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, Maria A Martinez, Neal E Schmale, 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 $35.75.

How much money does Murphy Oil make?

Murphy Oil (NYSE:MUR) has a market capitalization of $5.56 billion and generates $2.30 billion in revenue each year. The oil and gas producer earns $-73,660,000.00 in net income (profit) each year or $3.28 on an earnings per share basis.

How many employees does Murphy Oil have?

The company employs 696 workers across the globe.

When was Murphy Oil founded?

Murphy Oil was founded in 1950.

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 8/11/2022 by MarketBeat.com Staff

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