Murphy Oil Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Murphy Oil in the last twelve months. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" Murphy Oil stock.
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6 Wall Street analysts have issued 1 year price objectives for Murphy Oil's shares. Their MUR stock forecasts range from $37.00 to $60.00. On average, they expect Murphy Oil's share price to reach $49.00 in the next year. This suggests a possible upside of 61.2% from the stock's current price.
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Murphy Oil's stock was trading at $26.11 at the start of the year. Since then, MUR shares have increased by 16.4% and is now trading at $30.39.
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Murphy Oil is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
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Murphy Oil will be holding an earnings conference call on Thursday, August 4th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Murphy Oil Co. (NYSE:MUR) issued its quarterly earnings data on Wednesday, May, 4th. The oil and gas producer reported $0.73 EPS for the quarter, beating the consensus estimate of $0.59 by $0.14. The oil and gas producer had revenue of $552.90 million for the quarter, compared to analyst estimates of $661.40 million. Murphy Oil had a trailing twelve-month return on equity of 7.27% and a net margin of 4.06%. The firm's quarterly revenue was up 45.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.06 EPS.
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Murphy Oil declared a quarterly dividend on Wednesday, April 6th. Stockholders of record on Monday, May 16th will be given a dividend of $0.175 per share on Wednesday, June 1st. This represents a $0.70 annualized dividend and a dividend yield of 2.30%. The ex-dividend date is Friday, May 13th. This is an increase from Murphy Oil's previous quarterly dividend of $0.15.
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Murphy Oil(NYSE:MUR) pays an annual dividend of $0.70 per share and currently has a dividend yield of 2.30%. Murphy Oil does not yet have a strong track record of dividend growth. The dividend payout ratio of Murphy Oil is 109.38%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Murphy Oil will have a dividend payout ratio of 7.99% next year. This indicates that Murphy Oil will be able to sustain or increase its dividend.
View Murphy Oil's dividend history.

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.

Some companies that are related to Murphy Oil include Marathon Oil (MRO), Sasol (SSL), Gulfport Energy (GPORQ), EQT (EQT), APA (APA), Ovintiv (OVV), Chesapeake Energy (CHK), Antero Resources (AR), Toray Industries (TRYIY), ARC Resources (AETUF), Southwestern Energy (SWN), Range Resources (RRC), PDC Energy (PDCE), Matador Resources (MTDR) and Magnolia Oil & Gas (MGY).
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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).

Murphy Oil trades on the New York Stock Exchange (NYSE) under the ticker symbol "MUR."

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.
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One share of MUR stock can currently be purchased for approximately $30.39.

Murphy Oil (NYSE:MUR) has a market capitalization of $4.72 billion and generates $2.30 billion in revenue each year. The oil and gas producer earns $-73.66 million in net income (profit) each year or $0.639990 on an earnings per share basis.

Murphy Oil employs 696 workers across the globe.

Murphy Oil was founded in 1950.

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.