FY2026 Earnings Estimate for Murphy Oil Issued By Scotiabank

Murphy Oil Corporation (NYSE:MUR) – Scotiabank reduced their FY2026 EPS estimates for shares of Murphy Oil in a research note issued on Wednesday, February 11th. Scotiabank analyst P. Cheng now expects that the oil and gas producer will earn $0.00 per share for the year, down from their prior estimate of $0.60. Scotiabank has a “Sector Perform” rating and a $31.00 price objective on the stock. The consensus estimate for Murphy Oil’s current full-year earnings is $2.94 per share.

MUR has been the topic of several other reports. Zacks Research cut shares of Murphy Oil from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 20th. The Goldman Sachs Group raised their target price on Murphy Oil from $26.00 to $29.00 and gave the stock a “neutral” rating in a research report on Wednesday. UBS Group reissued a “neutral” rating and set a $30.00 price target on shares of Murphy Oil in a research report on Monday, February 2nd. Weiss Ratings reissued a “hold (c)” rating on shares of Murphy Oil in a research note on Monday, December 29th. Finally, BMO Capital Markets reaffirmed a “market perform” rating on shares of Murphy Oil in a research note on Tuesday, February 3rd. Thirteen equities research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, Murphy Oil presently has an average rating of “Reduce” and a consensus price target of $29.42.

Murphy Oil Stock Performance

Murphy Oil stock opened at $33.66 on Monday. Murphy Oil has a fifty-two week low of $18.94 and a fifty-two week high of $35.19. The firm’s 50 day simple moving average is $31.94 and its 200-day simple moving average is $28.99. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.77 and a quick ratio of 0.87. The company has a market cap of $4.81 billion, a P/E ratio of 46.76 and a beta of 0.78.

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

Murphy Oil Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Tuesday, February 17th will be given a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend is Tuesday, February 17th. This is an increase from Murphy Oil’s previous quarterly dividend of $0.33. Murphy Oil’s payout ratio is currently 180.56%.

Hedge Funds Weigh In On Murphy Oil

A number of hedge funds have recently added to or reduced their stakes in the company. Parallel Advisors LLC grew its position in Murphy Oil by 3.7% in the fourth quarter. Parallel Advisors LLC now owns 11,091 shares of the oil and gas producer’s stock worth $347,000 after acquiring an additional 400 shares in the last quarter. Empowered Funds LLC lifted its stake in shares of Murphy Oil by 0.9% in the 4th quarter. Empowered Funds LLC now owns 49,066 shares of the oil and gas producer’s stock valued at $1,533,000 after purchasing an additional 418 shares during the last quarter. Impact Capital Partners LLC boosted its holdings in Murphy Oil by 2.9% in the fourth quarter. Impact Capital Partners LLC now owns 15,143 shares of the oil and gas producer’s stock worth $473,000 after purchasing an additional 420 shares in the last quarter. Park Avenue Securities LLC increased its position in Murphy Oil by 3.1% during the fourth quarter. Park Avenue Securities LLC now owns 13,893 shares of the oil and gas producer’s stock worth $434,000 after buying an additional 423 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its holdings in 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 valued at $32,000 after buying an additional 440 shares in the last quarter. Institutional investors and hedge funds own 78.31% of the company’s stock.

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

About Murphy Oil

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.