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S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
pixel
Musk says Twitter deal could move ahead with 'bot' info
Senate parliamentarian OKs most of Dems' drug price controls
Dems' climate, energy, tax bill clears initial Senate hurdle
Senate rules referee weakens Dem drug plan in economic bill
Demand for grocery delivery cools as food costs rise
Venezuela, Colombia border areas hopeful as reopening looms
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
pixel
Musk says Twitter deal could move ahead with 'bot' info
Senate parliamentarian OKs most of Dems' drug price controls
Dems' climate, energy, tax bill clears initial Senate hurdle
Senate rules referee weakens Dem drug plan in economic bill
Demand for grocery delivery cools as food costs rise
Venezuela, Colombia border areas hopeful as reopening looms
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
pixel
Musk says Twitter deal could move ahead with 'bot' info
Senate parliamentarian OKs most of Dems' drug price controls
Dems' climate, energy, tax bill clears initial Senate hurdle
Senate rules referee weakens Dem drug plan in economic bill
Demand for grocery delivery cools as food costs rise
Venezuela, Colombia border areas hopeful as reopening looms
NYSE:MUR

Murphy Oil (MUR) Stock Forecast, Price & News

$32.60
+0.13 (+0.40%)
(As of 08/5/2022 12:00 AM ET)
Add
Compare
Today's Range
$31.24
$33.43
50-Day Range
$27.00
$45.32
52-Week Range
$18.83
$45.79
Volume
1.88 million shs
Average Volume
1.43 million shs
Market Capitalization
$5.07 billion
P/E Ratio
9.94
Dividend Yield
2.15%
Price Target
$46.00

Murphy Oil MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
41.1% Upside
$46.00 Price Target
Short Interest
Bearish
5.50% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-6.69
Upright™ Environmental Score
News Sentiment
0.78mentions of Murphy Oil in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$12.20 M Sold Last Quarter
Proj. Earnings Growth
67.95%
From $5.21 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.

2.93 out of 5 stars

Oils/Energy Sector

22nd out of 336 stocks

Crude Petroleum & Natural Gas Industry

13th out of 113 stocks

Murphy Oil 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.

Murphy Oil Stock Up 0.4 %

Shares of NYSE:MUR traded up $0.13 during midday trading on Friday, hitting $32.60. 1,883,681 shares of the stock were exchanged, compared to its average volume of 1,432,842. The company has a market capitalization of $5.07 billion, a PE ratio of 9.94 and a beta of 2.56. Murphy Oil has a 52-week low of $18.83 and a 52-week high of $45.79. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.56 and a current ratio of 0.66. The business's fifty day simple moving average is $34.43 and its two-hundred day simple moving average is $35.91.

Murphy Oil (NYSE:MUR - Get Rating) last announced its quarterly earnings results on Thursday, August 4th. The oil and gas producer reported $1.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.56 by $0.37. The business had revenue of $1.10 billion during the quarter, compared to analyst estimates of $880.87 million. Murphy Oil had a return on equity of 12.07% and a net margin of 17.00%. The firm's revenue was up 100.3% on a year-over-year basis. During the same period in the previous year, the company earned $0.59 EPS. As a group, research analysts predict that Murphy Oil will post 5.21 earnings per share for the current fiscal year.

Murphy Oil Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 1st. Stockholders of record on Monday, August 15th will be paid a dividend of $0.25 per share. This is a positive change from Murphy Oil's previous quarterly dividend of $0.18. The ex-dividend date is Friday, August 12th. This represents a $1.00 annualized dividend and a dividend yield of 3.07%. Murphy Oil's dividend payout ratio is 21.34%.

Analyst Upgrades and Downgrades

MUR has been the subject of a number of recent analyst reports. Piper Sandler decreased their price target on Murphy Oil from $49.00 to $47.00 and set an "overweight" rating for the company in a research report on Friday, July 22nd. The Goldman Sachs Group cut their price target on shares of Murphy Oil from $45.00 to $34.00 and set a "neutral" rating on the stock in a report on Tuesday, July 5th. StockNews.com raised shares of Murphy Oil from a "hold" rating to a "buy" rating in a research note on Friday. Morgan Stanley cut their target price on shares of Murphy Oil from $53.00 to $49.00 and set an "equal weight" rating on the stock in a research note on Monday, June 6th. Finally, JPMorgan Chase & Co. cut Murphy Oil from an "overweight" rating to a "neutral" rating and set a $51.00 target price for the company. in a research report on Thursday, May 5th. Four analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $46.00.

Insider Activity

In related news, SVP E Ted Botner sold 10,128 shares of the company's stock in a transaction on Thursday, June 9th. The shares were sold at an average price of $45.00, for a total value of $455,760.00. Following the completion of the sale, the senior vice president now directly owns 68,864 shares in the company, valued at $3,098,880. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, SVP E Ted Botner sold 10,128 shares of the business's stock in a transaction that occurred on Thursday, June 9th. The stock was sold at an average price of $45.00, for a total value of $455,760.00. Following the completion of the sale, the senior vice president now directly owns 68,864 shares in the company, valued at approximately $3,098,880. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Roger W. Jenkins sold 225,000 shares of the stock in a transaction that occurred on Tuesday, May 31st. The shares were sold at an average price of $43.06, for a total value of $9,688,500.00. Following the transaction, the chief executive officer now owns 814,664 shares in the company, valued at approximately $35,079,431.84. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 282,498 shares of company stock worth $12,204,359. 6.20% of the stock is owned by corporate insiders.

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MUR Stock News Headlines

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
8/07/2022
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
+41.1%
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
$6.56 per share
Book Value
$28.89 per share

Miscellaneous

Free Float
145,739,000
Market Cap
$5.07 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 equities research 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 equities research analysts is that investors should "buy" Murphy Oil stock.
View analyst ratings for Murphy Oil
or view top-rated stocks.

What is Murphy Oil's stock price forecast for 2022?

8 brokers have issued 1 year price objectives for Murphy Oil's shares. Their MUR stock forecasts range from $34.00 to $60.00. On average, they predict Murphy Oil's share price to reach $46.00 in the next twelve months. This suggests a possible upside of 41.1% from the stock's current price.
View analysts' price targets for Murphy Oil
or view top-rated stocks among Wall Street analysts.

How has Murphy Oil's stock price performed in 2022?

Murphy Oil's stock was trading at $26.11 at the beginning of 2022. Since then, MUR shares have increased by 24.9% and is now trading at $32.60.
View the best growth stocks for 2022 here
.

Are investors shorting Murphy Oil?

Murphy Oil saw a increase in short interest in 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 trading volume of 1,950,000 shares, the short-interest ratio is currently 4.2 days. Approximately 5.5% of the company's stock are short sold.
View Murphy Oil's Short Interest
.

When is Murphy Oil's next earnings date?

Murphy Oil is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our earnings forecast for Murphy Oil
.

How were Murphy Oil's earnings last quarter?

Murphy Oil Co. (NYSE:MUR) issued its quarterly earnings results on Thursday, August, 4th. The oil and gas producer reported $1.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.56 by $0.37. The oil and gas producer had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $880.87 million. Murphy Oil had a trailing twelve-month return on equity of 12.07% and a net margin of 17.00%. The firm's revenue was up 100.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.59 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 3rd. Stockholders 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 dividend on an annualized basis and a dividend yield of 3.07%. The ex-dividend date of this dividend is Friday, August 12th. This is a boost from Murphy Oil's previous quarterly dividend of $0.18.
View Murphy Oil's dividend history
.

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 2.15%. Murphy Oil does not yet have a strong track record of dividend growth. The dividend payout ratio of Murphy Oil is 21.34%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Murphy Oil will have a dividend payout ratio of 8.00% next year. This indicates that Murphy Oil will be able to sustain or increase its dividend.
View Murphy Oil's dividend history.

What is Roger W. Jenkins' approval rating as Murphy Oil's CEO?

57 employees have rated Murphy Oil CEO Roger W. Jenkins on Glassdoor.com. Roger W. Jenkins has an approval rating of 67% among Murphy Oil'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 many different institutional and retail investors. Top institutional shareholders include Ziegler Capital Management LLC (0.23%), Brown Advisory Inc. (0.14%), New York State Teachers Retirement System (0.13%), Retirement Systems of Alabama (0.12%), Security National Bank (0.12%) and Los Angeles Capital Management LLC (0.11%). Company insiders that own Murphy Oil 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 for Murphy Oil
.

How do I buy shares of Murphy Oil?

Shares of MUR 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 $32.60.

How much money does Murphy Oil make?

Murphy Oil (NYSE:MUR) has a market capitalization of $5.07 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?

Murphy Oil 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 Murphy Oil 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 8/7/2022 by MarketBeat.com Staff

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