Q2 Earnings Estimate for Murphy Oil Issued By Zacks Research

Murphy Oil Corporation (NYSE:MUR) – Stock analysts at Zacks Research raised their Q2 2026 earnings estimates for shares of Murphy Oil in a note issued to investors on Wednesday, June 3rd. Zacks Research analyst Team now anticipates that the oil and gas producer will post earnings per share of $0.77 for the quarter, up from their previous forecast of $0.50. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Murphy Oil’s current full-year earnings is $3.44 per share. Zacks Research also issued estimates for Murphy Oil’s FY2026 earnings at $2.83 EPS, Q1 2027 earnings at $0.67 EPS, Q3 2027 earnings at $0.87 EPS, FY2027 earnings at $2.99 EPS and Q1 2028 earnings at $0.82 EPS.

Other equities research analysts have also issued reports about the stock. Wall Street Zen upgraded shares of Murphy Oil from a “sell” rating to a “hold” rating in a research note on Sunday, March 8th. Barclays lifted their price target on shares of Murphy Oil from $36.00 to $43.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 26th. Johnson Rice upgraded shares of Murphy Oil from a “hold” rating to an “accumulate” rating in a research note on Wednesday, March 25th. Mizuho lifted their price objective on shares of Murphy Oil from $39.00 to $44.00 and gave the company a “neutral” rating in a research note on Wednesday, May 27th. Finally, The Goldman Sachs Group lifted their price objective on shares of Murphy Oil from $29.00 to $33.00 and gave the company a “neutral” rating in a research note on Wednesday, March 11th. Three investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $37.75.

Murphy Oil Price Performance

Shares of NYSE:MUR opened at $40.04 on Friday. The company’s fifty day moving average price is $39.16 and its 200 day moving average price is $34.94. Murphy Oil has a 12 month low of $21.39 and a 12 month high of $43.34. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.83 and a quick ratio of 0.77. The firm has a market capitalization of $5.74 billion, a P/E ratio of 67.86 and a beta of 0.50.

Murphy Oil (NYSE:MUR) last announced its quarterly earnings results on Wednesday, May 6th. The oil and gas producer reported $0.32 EPS for the quarter, topping the consensus estimate of $0.29 by $0.03. Murphy Oil had a net margin of 3.02% and a return on equity of 3.09%. The firm had revenue of $732.35 million for the quarter, compared to analyst estimates of $702.96 million. During the same period last year, the business earned $0.56 EPS. Murphy Oil’s revenue for the quarter was up 9.0% compared to the same quarter last year.

Murphy Oil Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Monday, May 18th were paid a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date was Monday, May 18th. Murphy Oil’s payout ratio is 237.29%.

Insider Activity

In other news, SVP Daniel R. Hanchera sold 47,320 shares of the business’s stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $33.79, for a total transaction 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 sale was disclosed in a legal filing with the SEC, which is available through this link. 5.79% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Leonteq Securities AG acquired a new position in shares of Murphy Oil during the first quarter worth about $29,000. Valued Wealth Advisors LLC increased its stake in shares of Murphy Oil by 14,700.0% during the first quarter. Valued Wealth Advisors LLC now owns 740 shares of the oil and gas producer’s stock worth $31,000 after acquiring an additional 735 shares during the period. CIBC Private Wealth Group LLC acquired a new position in shares of Murphy Oil during the fourth quarter worth about $26,000. Smartleaf Asset Management LLC increased its stake in shares of Murphy Oil by 67.3% during the third quarter. Smartleaf Asset Management LLC now owns 1,094 shares of the oil and gas producer’s stock worth $32,000 after acquiring an additional 440 shares during the period. Finally, Torren Management LLC acquired a new position in shares of Murphy Oil during the fourth quarter worth about $37,000. 78.31% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Murphy Oil

Here are the key news stories impacting Murphy Oil this week:

• Positive Sentiment: Zacks Research raised its earnings estimates for Murphy Oil across several periods, including FY2026, Q1 2027, Q1 2028, and FY2027, signaling stronger expected profitability ahead. Murphy Oil stock page
• Positive Sentiment: Zacks also increased near-term forecasts such as Q2 2026 and Q3 2027 EPS, suggesting analysts see better operating performance in the business than before. Murphy Oil stock page
• Positive Sentiment: KeyCorp kept an Overweight rating and a $48 price target on Murphy Oil, reinforcing a bullish longer-term view even after trimming some estimates. Murphy Oil stock page
• Neutral Sentiment: KeyCorp cut its Q2 2027 and Q3 2027 EPS forecasts, which tempers the optimism and suggests some quarters may be less strong than previously expected. Murphy Oil stock page
• Neutral Sentiment: Zacks Research maintained a Hold rating, indicating that while earnings expectations improved, analysts are not yet calling for aggressive upside. Murphy Oil stock page

Murphy Oil Company Profile

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.