Q1 Earnings Estimate for Murphy Oil Issued By Zacks Research

Murphy Oil Corporation (NYSE:MUR) – Research analysts at Zacks Research lowered their Q1 2026 EPS estimates for Murphy Oil in a research report issued to clients and investors on Wednesday, February 11th. Zacks Research analyst Team now forecasts that the oil and gas producer will post earnings per share of ($0.22) for the quarter, down from their previous estimate of $0.45. Zacks Research has a “Strong Sell” rating on the stock. The consensus estimate for Murphy Oil’s current full-year earnings is $2.94 per share. Zacks Research also issued estimates for Murphy Oil’s Q2 2026 earnings at ($0.13) EPS, Q3 2026 earnings at $0.18 EPS, Q4 2026 earnings at $0.18 EPS, FY2026 earnings at $0.00 EPS, Q1 2027 earnings at $0.11 EPS, Q2 2027 earnings at $0.10 EPS, Q3 2027 earnings at $0.40 EPS, FY2027 earnings at $0.92 EPS and FY2028 earnings at $1.11 EPS.

Murphy Oil (NYSE:MUR) last announced its quarterly earnings results on Wednesday, January 28th. The oil and gas producer reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.07) by $0.21. The company had revenue of $613.08 million during the quarter, compared to analyst estimates of $650.90 million. Murphy Oil had a net margin of 3.83% and a return on equity of 3.75%. The firm’s revenue was down 6.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.35 EPS.

Other equities research analysts have also issued research reports about the company. UBS Group reaffirmed a “neutral” rating and set a $30.00 price target on shares of Murphy Oil in a research report on Monday, February 2nd. KeyCorp restated a “sector weight” rating on shares of Murphy Oil in a report on Thursday, January 29th. Roth Mkm reiterated a “neutral” rating on shares of Murphy Oil in a report on Tuesday, January 6th. Wall Street Zen upgraded shares of Murphy Oil from a “sell” rating to a “hold” rating in a report on Saturday, January 31st. Finally, Piper Sandler cut their price objective on shares of Murphy Oil from $34.00 to $32.00 and set a “neutral” rating on the stock in a research report on Monday, February 2nd. Thirteen analysts have rated the stock with a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, Murphy Oil currently has a consensus rating of “Reduce” and a consensus price target of $29.42.

Murphy Oil Stock Performance

MUR stock opened at $33.66 on Friday. Murphy Oil has a 1-year low of $18.94 and a 1-year high of $35.19. The company has a current ratio of 0.77, a quick ratio of 0.87 and a debt-to-equity ratio of 0.27. The firm has a market cap of $4.81 billion, a PE ratio of 46.76 and a beta of 0.78. The business’s 50-day moving average price is $31.94 and its two-hundred day moving average price is $28.95.

Murphy Oil Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Tuesday, February 17th will be given a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 4.2%. This is an increase from Murphy Oil’s previous quarterly dividend of $0.33. The ex-dividend date of this dividend is Tuesday, February 17th. Murphy Oil’s payout ratio is 194.44%.

Institutional Investors Weigh In On Murphy Oil

Several institutional investors and hedge funds have recently added to or reduced their stakes in MUR. Allianz Asset Management GmbH boosted its position in Murphy Oil by 255.3% during the third quarter. Allianz Asset Management GmbH now owns 508,012 shares of the oil and gas producer’s stock valued at $14,433,000 after purchasing an additional 365,011 shares during the last quarter. Vaughan Nelson Investment Management L.P. raised its stake in shares of Murphy Oil by 60.0% during the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 2,119,622 shares of the oil and gas producer’s stock worth $60,218,000 after purchasing an additional 794,510 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of Murphy Oil by 7.0% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 4,766,534 shares of the oil and gas producer’s stock worth $107,247,000 after purchasing an additional 312,904 shares in the last quarter. Concurrent Investment Advisors LLC boosted its holdings in shares of Murphy Oil by 512.1% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 69,948 shares of the oil and gas producer’s stock valued at $1,987,000 after buying an additional 58,521 shares during the last quarter. Finally, SummerHaven Investment Management LLC bought a new position in shares of Murphy Oil in the third quarter valued at $920,000. 78.31% of the stock is owned by institutional investors.

Key Stories Impacting Murphy Oil

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

• Neutral Sentiment: Zacks Research issued a broad set of downward revisions to Murphy’s near‑term EPS across 2026–2027 but still models a recovery by FY2028 (Zacks now shows FY2028 EPS of $1.11). This is important context for medium‑term expectations but is mixed in impact because it pairs lower near‑term forecasts with a later rebound. MarketBeat Zacks Summary
• Negative Sentiment: Zacks downgraded near‑term guidance sharply and maintains a “Strong Sell” stance — cutting FY2026 from $1.63 to $0.00, FY2027 from $2.09 to $0.92, and trimming multiple quarterly estimates (Q1–Q4 2026 and Q1–Q3 2027). These cuts lower short‑term earnings visibility and increase downside risk if the operational outlook doesn’t improve. MarketBeat Zacks Summary
• Negative Sentiment: BMO Capital Markets trimmed its price target to $35, citing a softer 2026 production outlook. A lower production outlook is a direct operational headwind — BMO’s action signals that the market should expect weaker volumes or disruptions that could pressure cash flow and valuation. BMO Target Cut
• Negative Sentiment: Commentary warns that Murphy’s upcoming dividend may not be an attractive buy — essentially cautioning income investors that the dividend yield/coverage or sustainability may not justify buying the stock ahead of the payout. That narrative can reduce demand from dividend‑focused holders. Dividend Caution Article

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.