Murphy Oil (NYSE:MUR – Get Free Report) was downgraded by investment analysts at Roth Capital from a “buy” rating to a “neutral” rating in a research note issued to investors on Thursday, Marketbeat reports. They currently have a $25.00 price target on the oil and gas producer’s stock, down from their prior price target of $27.00. Roth Capital’s target price points to a potential upside of 13.35% from the company’s current price. Roth Capital also issued estimates for Murphy Oil’s Q2 2025 earnings at $0.11 EPS, Q3 2025 earnings at $0.47 EPS, Q4 2025 earnings at $0.50 EPS, Q3 2026 earnings at $0.76 EPS, Q4 2026 earnings at $0.80 EPS and FY2026 earnings at $2.57 EPS.
Several other research firms have also issued reports on MUR. Mizuho lowered shares of Murphy Oil from an “outperform” rating to a “neutral” rating and reduced their price objective for the company from $32.00 to $31.00 in a research note on Tuesday. Scotiabank reduced their price target on Murphy Oil from $36.00 to $22.00 and set a “sector perform” rating for the company in a research report on Friday, April 11th. Wells Fargo & Company lowered their price objective on Murphy Oil from $31.00 to $26.00 and set an “equal weight” rating on the stock in a report on Wednesday. Barclays reduced their target price on Murphy Oil from $24.00 to $22.00 and set an “underweight” rating for the company in a report on Friday, May 9th. Finally, Truist Financial downgraded Murphy Oil from a “buy” rating to a “hold” rating and lowered their price target for the company from $42.00 to $31.00 in a report on Friday, January 31st. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, Murphy Oil has a consensus rating of “Hold” and a consensus price target of $29.31.
Read Our Latest Stock Analysis on Murphy Oil
Murphy Oil Price Performance
Murphy Oil (NYSE:MUR – Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The oil and gas producer reported $0.56 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.08. The firm had revenue of $665.71 million for the quarter, compared to the consensus estimate of $684.89 million. Murphy Oil had a return on equity of 7.66% and a net margin of 13.44%. The firm’s revenue was down 15.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.85 earnings per share. As a group, sell-side analysts predict that Murphy Oil will post 2.94 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in the stock. Huntington National Bank increased its stake in Murphy Oil by 342.8% during the fourth quarter. Huntington National Bank now owns 828 shares of the oil and gas producer’s stock valued at $25,000 after acquiring an additional 641 shares during the period. Riverview Trust Co bought a new stake in shares of Murphy Oil during the first quarter valued at approximately $26,000. Brooklyn Investment Group raised its stake in shares of Murphy Oil by 3,989.7% in the first quarter. Brooklyn Investment Group now owns 1,186 shares of the oil and gas producer’s stock valued at $34,000 after purchasing an additional 1,157 shares in the last quarter. GeoWealth Management LLC bought a new position in Murphy Oil in the fourth quarter worth $39,000. Finally, Lindbrook Capital LLC lifted its position in Murphy Oil by 60.5% in the fourth quarter. Lindbrook Capital LLC now owns 1,441 shares of the oil and gas producer’s stock worth $44,000 after purchasing an additional 543 shares during the period. Institutional investors and hedge funds own 78.31% of the company’s stock.
Murphy Oil Company Profile
Murphy Oil Corporation, together with its subsidiaries, operates as an oil and gas exploration and production company in the United States, Canada, and internationally. It explores for and produces crude oil, natural gas, and natural gas liquids. The company was formerly known as Murphy Corporation and changed its name to Murphy Oil Corporation in 1964.
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