Murphy Oil Corporation (NYSE:MUR – Get Free Report) SVP Daniel Hanchera sold 47,320 shares of the stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $33.79, for a total value of $1,598,942.80. Following the transaction, the senior vice president directly owned 36,166 shares in the company, valued at $1,222,049.14. The trade was a 56.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Murphy Oil Stock Performance
MUR stock opened at $36.78 on Friday. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.77 and a quick ratio of 0.71. Murphy Oil Corporation has a 1 year low of $18.94 and a 1 year high of $36.90. The company has a market cap of $5.25 billion, a P/E ratio of 51.09 and a beta of 0.72. The stock’s fifty day moving average price is $32.61 and its 200-day moving average price is $30.39.
Murphy Oil (NYSE:MUR – Get Free Report) last posted its quarterly earnings data on Wednesday, January 28th. The oil and gas producer reported $0.14 EPS for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.21. The company had revenue of $613.08 million during the quarter, compared to analysts’ expectations of $650.90 million. Murphy Oil had a return on equity of 3.73% and a net margin of 3.83%.Murphy Oil’s revenue for the quarter was down 6.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.35 earnings per share. On average, equities analysts forecast that Murphy Oil Corporation will post 2.94 earnings per share for the current year.
Murphy Oil Increases Dividend
Wall Street Analysts Forecast Growth
Several analysts recently issued reports on the stock. Wall Street Zen upgraded shares of Murphy Oil from a “sell” rating to a “hold” rating in a research report on Sunday, March 8th. Piper Sandler upgraded shares of Murphy Oil from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $33.00 to $41.00 in a research report on Thursday. KeyCorp reiterated a “sector weight” rating on shares of Murphy Oil in a research note on Thursday, January 29th. Weiss Ratings reissued a “hold (c)” rating on shares of Murphy Oil in a research report on Monday, December 29th. Finally, Morgan Stanley decreased their target price on Murphy Oil from $27.00 to $25.00 and set an “underweight” rating on the stock in a report on Friday, January 23rd. One equities research analyst has rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Murphy Oil has a consensus rating of “Hold” and a consensus price target of $31.45.
View Our Latest Report on Murphy Oil
Key Headlines Impacting Murphy Oil
Here are the key news stories impacting Murphy Oil this week:
- Positive Sentiment: Crude rally / Middle East supply-risk premium: Oil prices have stayed elevated amid renewed geopolitical risk in the Middle East, prompting a rotation into upstream names. Murphy’s cash flows are closely tied to crude, so the stock typically amplifies moves in oil. Murphy Oil jumps as crude stays elevated
- Positive Sentiment: Piper Sandler upgrade: Piper Sandler upgraded Murphy to an overweight/buy on rising oil prices, which can attract demand from model-driven and institutional buyers. Piper Sandler upgrade
- Positive Sentiment: Barclays raised rating to equal-weight and lifted its target to $33, trimming a prior underweight stance — a modest vote of confidence that supports the stock in the current oil-driven rally. Barclays upgrade
- Positive Sentiment: Goldman Sachs raised its price target to $33 recently and other analysts (e.g., Piper Sandler) have lifted targets — analyst support combined with higher oil tends to boost sentiment. Goldman Sachs price target raise
- Positive Sentiment: Dividend increase: Murphy recently raised its quarterly dividend (latest $0.35), which improves income appeal and can provide support during sector upswings. MarketBeat: dividend and company summary
- Neutral Sentiment: Mixed institutional flows: Large funds show both meaningful additions (FMR added millions of shares) and sizable reductions from others; this churn can amplify intraday moves but is ambiguous for longer-term direction. QuiverQuant: institutional & hedge fund activity
- Negative Sentiment: Insider selling: SVP Daniel Hanchera sold 47,320 shares (~$1.6M) in early March and reduced his holding materially; large insider sales can create near-term selling pressure or raise governance questions for some investors. SEC Form 4
- Negative Sentiment: Analyst consensus / targets still mixed and average targets remain below the current share price: while a few firms raised targets, the median analyst target is around the low $30s and several firms maintain hold/underweight ratings — a reminder of upside limits if oil cools. MarketBeat: analyst coverage & targets
Hedge Funds Weigh In On Murphy Oil
Several large investors have recently added to or reduced their stakes in the company. CIBC Private Wealth Group LLC bought a new position in shares of Murphy Oil in the fourth quarter worth approximately $26,000. Smartleaf Asset Management LLC raised its position in shares of Murphy Oil by 67.3% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,094 shares of the oil and gas producer’s stock valued at $32,000 after purchasing an additional 440 shares during the period. Torren Management LLC bought a new stake in shares of Murphy Oil during the 4th quarter valued at $37,000. Farther Finance Advisors LLC lifted its stake in shares of Murphy Oil by 72.9% during the 4th quarter. Farther Finance Advisors LLC now owns 1,701 shares of the oil and gas producer’s stock valued at $53,000 after buying an additional 717 shares in the last quarter. Finally, Allworth Financial LP boosted its holdings in Murphy Oil by 39.7% in the 2nd quarter. Allworth Financial LP now owns 2,440 shares of the oil and gas producer’s stock worth $55,000 after buying an additional 693 shares during the period. Hedge funds and other institutional investors own 78.31% of the company’s stock.
About Murphy Oil
Murphy Oil Corporation is an independent upstream oil and gas company engaged in the exploration, development and production of crude oil, natural gas and natural gas liquids. The company’s operations encompass conventional onshore and offshore reservoirs, with an emphasis on liquids-rich properties and deepwater assets. Through a combination of proprietary technologies and strategic joint ventures, Murphy Oil seeks to optimize recovery rates and manage its portfolio to balance long-term resource development with operational flexibility.
Murphy Oil’s exploration and production activities are geographically diversified.
Further Reading
- Five stocks we like better than Murphy Oil
- The gold chart Wall Street is terrified of…
- Elon Musk already made me a “wealthy man”
- Silver paying 20% dividend. Plus 68% share gains
- Unlocked: Elon Musk’s Next Big IPO
- A personal warning from Martin Weiss (Please read)
Receive News & Ratings for Murphy Oil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Murphy Oil and related companies with MarketBeat.com's FREE daily email newsletter.
