Zacks Research Predicts Murphy Oil’s Q1 Earnings (NYSE:MUR)

Murphy Oil Corporation (NYSE:MUR) – Research analysts at Zacks Research decreased their Q1 2026 earnings estimates for shares of Murphy Oil in a research report issued on Friday, April 10th. Zacks Research analyst Team now anticipates that the oil and gas producer will post earnings of ($0.25) per share for the quarter, down from their previous forecast of ($0.22). Zacks Research has a “Hold” 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 FY2026 earnings at $0.05 EPS.

Other equities analysts have also recently issued reports about the stock. Scotiabank upgraded shares of Murphy Oil to a “hold” rating in a report on Friday, March 27th. Piper Sandler upgraded shares of Murphy Oil from a “neutral” rating to an “overweight” rating and boosted their price target for the company from $33.00 to $41.00 in a report on Thursday, March 12th. Wells Fargo & Company boosted their price target on shares of Murphy Oil from $32.00 to $38.00 and gave the company an “equal weight” rating in a report on Thursday, March 26th. Morgan Stanley restated an “underweight” rating on shares of Murphy Oil in a report on Friday, March 27th. Finally, Wall Street Zen upgraded shares of Murphy Oil from a “sell” rating to a “hold” rating in a report on Sunday, March 8th. Two research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Murphy Oil presently has a consensus rating of “Hold” and a consensus target price of $32.36.

Murphy Oil Trading Down 3.6%

Murphy Oil stock opened at $37.63 on Tuesday. The company’s fifty day simple moving average is $36.03 and its 200-day simple moving average is $32.46. The company has a quick ratio of 0.71, a current ratio of 0.77 and a debt-to-equity ratio of 0.26. Murphy Oil has a 12 month low of $20.03 and a 12 month high of $43.34. The stock has a market cap of $5.39 billion, a P/E ratio of 52.26 and a beta of 0.59.

Murphy Oil (NYSE:MUR) last announced its 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. Murphy Oil had a net margin of 3.83% and a return on equity of 3.73%. The company had revenue of $613.08 million for the quarter, compared to the consensus estimate of $650.90 million. During the same period in the previous year, the business earned $0.35 EPS. The company’s revenue was down 6.9% on a year-over-year basis.

Murphy Oil Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Monday, May 18th will be issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date is Monday, May 18th. Murphy Oil’s dividend payout ratio is 194.44%.

Insider Transactions at Murphy Oil

In other Murphy Oil news, SVP Daniel R. Hanchera sold 47,320 shares of the company’s stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $33.79, for a total transaction of $1,598,942.80. Following the completion of the sale, the senior vice president directly owned 36,166 shares in the company, valued at $1,222,049.14. This represents a 56.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 5.79% of the stock is owned by company insiders.

Institutional Investors Weigh In On Murphy Oil

Hedge funds have recently bought and sold shares of the company. CIBC Private Wealth Group LLC bought a new stake in Murphy Oil during the fourth quarter valued at about $26,000. Smartleaf Asset Management LLC boosted 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 acquiring an additional 440 shares during the period. Torren Management LLC bought a new stake in Murphy Oil during the fourth quarter valued at about $37,000. Farther Finance Advisors LLC boosted its holdings in Murphy Oil by 72.9% during the fourth quarter. Farther Finance Advisors LLC now owns 1,701 shares of the oil and gas producer’s stock valued at $53,000 after acquiring an additional 717 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its holdings in Murphy Oil by 437.8% during the second quarter. EverSource Wealth Advisors LLC now owns 3,802 shares of the oil and gas producer’s stock valued at $86,000 after acquiring an additional 3,095 shares during the period. 78.31% of the stock is currently owned by institutional investors.

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.