Zacks Research Predicts Murphy Oil’s Q2 Earnings (NYSE:MUR)

Murphy Oil Corporation (NYSE:MUR) – Zacks Research increased their Q2 2026 EPS estimates for shares of Murphy Oil in a note issued to investors on Friday, July 24th. Zacks Research analyst Team now expects that the oil and gas producer will earn $1.06 per share for the quarter, up from their prior estimate of $0.98. The consensus estimate for Murphy Oil’s current full-year earnings is $3.13 per share. Zacks Research also issued estimates for Murphy Oil’s FY2026 earnings at $2.98 EPS.

Murphy Oil (NYSE:MUR) last posted its quarterly earnings results on Wednesday, May 6th. The oil and gas producer reported $0.32 EPS for the quarter, topping analysts’ consensus estimates of $0.29 by $0.03. The business had revenue of $732.35 million during the quarter, compared to analysts’ expectations of $702.96 million. Murphy Oil had a return on equity of 3.09% and a net margin of 3.02%.Murphy Oil’s quarterly revenue was up 9.0% on a year-over-year basis. During the same quarter last year, the company posted $0.56 earnings per share.

Other research analysts also recently issued reports about the company. Wall Street Zen downgraded Murphy Oil from a “buy” rating to a “hold” rating in a research note on Saturday, June 27th. Roth Capital restated a “neutral” rating and issued a $36.00 price target on shares of Murphy Oil in a research note on Thursday, May 7th. Scotiabank reaffirmed a “sector perform” rating and set a $44.00 price target on shares of Murphy Oil in a report on Wednesday, May 13th. Morgan Stanley reduced their price objective on shares of Murphy Oil from $37.00 to $35.00 and set an “underweight” rating for the company in a research report on Monday, June 29th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Murphy Oil in a report on Wednesday, June 24th. Three analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $38.33.

Murphy Oil Price Performance

NYSE:MUR opened at $36.78 on Monday. The company has a quick ratio of 0.77, a current ratio of 0.83 and a debt-to-equity ratio of 0.30. The stock’s 50 day moving average price is $36.18 and its two-hundred day moving average price is $36.04. The firm has a market capitalization of $5.27 billion, a price-to-earnings ratio of 62.34 and a beta of 0.52. Murphy Oil has a 12-month low of $21.86 and a 12-month high of $43.34.

Institutional Investors Weigh In On Murphy Oil

Hedge funds and other institutional investors have recently modified their holdings of the company. SG Americas Securities LLC raised its position in Murphy Oil by 32.0% during the fourth quarter. SG Americas Securities LLC now owns 122,420 shares of the oil and gas producer’s stock valued at $3,826,000 after purchasing an additional 29,689 shares in the last quarter. Pacific Heights Asset Management LLC lifted its stake in Murphy Oil by 10.0% during the fourth quarter. Pacific Heights Asset Management LLC now owns 550,000 shares of the oil and gas producer’s stock worth $17,188,000 after purchasing an additional 50,000 shares during the last quarter. Y Intercept Hong Kong Ltd acquired a new stake in shares of Murphy Oil in the 1st quarter valued at $1,745,000. State of Alaska Department of Revenue increased its stake in shares of Murphy Oil by 138.2% in the 4th quarter. State of Alaska Department of Revenue now owns 34,936 shares of the oil and gas producer’s stock valued at $1,090,000 after purchasing an additional 20,271 shares during the last quarter. Finally, Flax Pond Capital LLC acquired a new position in shares of Murphy Oil during the 4th quarter worth $6,967,000. Institutional investors and hedge funds own 78.31% of the company’s stock.

Murphy Oil News Roundup

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

• Positive Sentiment: Zacks Research raised multiple EPS forecasts. Estimates were increased for Q3 2026 to $0.89 from $0.86, Q4 2026 to $0.71 from $0.69, and each quarter from Q1 through Q4 2027. Full-year 2027 EPS was lifted to $2.86 from $2.72, while 2028 EPS was raised to $2.87 from $2.74. These revisions suggest improving expectations for Murphy Oil’s future earnings. Murphy Oil analyst estimates
• Positive Sentiment: Energy-sector rotation favors MUR. Altimetry’s Rob Spivey believes investors are shifting capital away from crowded technology and AI trades toward energy, supported by rising natural-gas demand from data centers, LNG exports, and power infrastructure. Murphy Oil could benefit from its exposure to both oil and natural gas. 3 Stocks Standing Out and 2 Losing Momentum as the Tech Rally Cracks
• Positive Sentiment: Production growth may provide a near-term catalyst. Spivey expects new wells in the Gulf of America and offshore Africa to begin contributing meaningful production as early as the third quarter and more clearly in the fourth quarter. Exploration success could also potentially expand Murphy Oil’s reserves.
• Neutral Sentiment: Debt-market activity provided no clear fundamental signal. A Murphy Oil 2024-issued bond maturing in 2032 was listed, but the item contained no pricing, yield, or credit-rating information to indicate a material change in investor views.
• Negative Sentiment: Commodity and geopolitical volatility remain risks. Murphy Oil’s outlook remains sensitive to oil and natural-gas prices, while tensions in the Gulf and Red Sea could increase volatility. The company’s relatively low recent profitability and sub-1.0 liquidity ratios also leave less room for weaker commodity conditions.

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.