Murphy Oil (MUR) Stock Price, News & Analysis

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Murphy Oil in the last year. There are currently 6 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" MUR shares.
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12 Wall Street analysts have issued twelve-month price objectives for Murphy Oil's stock. Their MUR share price targets range from $41.00 to $59.00. On average, they expect the company's share price to reach $49.00 in the next twelve months. This suggests a possible upside of 8.4% from the stock's current price.
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Murphy Oil's stock was trading at $42.66 on January 1st, 2024. Since then, MUR shares have increased by 6.0% and is now trading at $45.21.
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Murphy Oil saw a decrease in short interest in the month of March. As of March 15th, there was short interest totaling 7,460,000 shares, a decrease of 20.6% from the February 29th total of 9,390,000 shares. Based on an average daily trading volume, of 1,900,000 shares, the days-to-cover ratio is presently 3.9 days. Currently, 5.2% of the shares of the stock are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
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Murphy Oil will be holding an earnings conference call on Thursday, May 2nd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Murphy Oil Co. (NYSE:MUR) released its quarterly earnings results on Thursday, January, 25th. The oil and gas producer reported $0.90 EPS for the quarter, missing the consensus estimate of $1.00 by $0.10. The oil and gas producer had revenue of $844.20 million for the quarter, compared to analysts' expectations of $852.24 million. Murphy Oil had a trailing twelve-month return on equity of 13.02% and a net margin of 19.12%. Murphy Oil's revenue was down 13.4% on a year-over-year basis. During the same period last year, the company posted $1.10 EPS.

Murphy Oil declared a quarterly dividend on Wednesday, April 3rd. Investors of record on Monday, May 20th will be paid a dividend of $0.30 per share on Monday, June 3rd. This represents a $1.20 annualized dividend and a dividend yield of 2.65%. The ex-dividend date is Friday, May 17th.
Read our dividend analysis for MUR.

Murphy Oil (NYSE:MUR) pays an annual dividend of $1.20 per share and currently has a dividend yield of 2.61%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 28.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MUR will have a dividend payout ratio of 18.52% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MUR.

ETFs with the largest weight of Murphy Oil (NYSE:MUR) stock in their portfolio include Inspire Faithward Mid Cap Momentum ETF (GLRY), Invesco Energy Exploration & Production ETF (PXE), SPDR S&P Oil & Gas Exploration & Production ETF (XOP), First Trust Natural Gas ETF (FCG), Invesco Dorsey Wright Energy Momentum ETF (PXI), First Trust Bloomberg Inflation Sensitive Equity ETF (FTIF), Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares (GUSH) and Invesco S&P MidCap Value with Momentum ETF (XMVM).

57 employees have rated Murphy Oil Chief Executive Officer Roger W. Jenkins on Glassdoor.com. Roger W. Jenkins has an approval rating of 67% among the company's employees.

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's stock is owned by many different institutional and retail investors. Top institutional investors include Vaughan Nelson Investment Management L.P. (0.74%), Allspring Global Investments Holdings LLC (0.13%), Moody National Bank Trust Division (0.01%), Park Avenue Securities LLC (0.01%), Hennion & Walsh Asset Management Inc. (0.01%) and CWM LLC (0.00%). Insiders that own company stock include Christopher D Hulse, E Ted Botner, Elisabeth W Keller, Eric M Hambly, John B Gardner, Kelly L Whitley, Lawrence R Dickerson, Louis W Utsch, Maria A Martinez, Paul D Vaughan, Robert Madison Murphy, Roger W Jenkins, T Jay Collins, Thomas J Mireles and Walentin Mirosh.
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Shares of MUR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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