Q2 Earnings Estimate for Murphy Oil Issued By Zacks Research

Murphy Oil Corporation (NYSE:MUR) – Zacks Research lifted their Q2 2026 EPS estimates for Murphy Oil in a research report issued on Wednesday, July 22nd. Zacks Research analyst Team now anticipates that the oil and gas producer will earn $0.98 per share for the quarter, up from their previous estimate of $0.80. The consensus estimate for Murphy Oil’s current full-year earnings is $3.11 per share. Zacks Research also issued estimates for Murphy Oil’s FY2026 earnings at $2.85 EPS and Q1 2028 earnings at $0.77 EPS.

Murphy Oil (NYSE:MUR) last announced its quarterly earnings data on Wednesday, May 6th. The oil and gas producer reported $0.32 EPS for the quarter, topping the consensus estimate of $0.29 by $0.03. The business had revenue of $732.35 million for the quarter, compared to analyst estimates of $702.96 million. Murphy Oil had a net margin of 3.02% and a return on equity of 3.09%. The company’s revenue for the quarter was up 9.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.56 earnings per share.

A number of other equities research analysts have also recently commented on MUR. Mizuho lifted their price target on shares of Murphy Oil from $39.00 to $44.00 and gave the stock a “neutral” rating in a report on Wednesday, May 27th. Weiss Ratings reissued a “hold (c)” rating on shares of Murphy Oil in a research report on Wednesday, June 24th. Jefferies Financial Group lowered Murphy Oil from a “buy” rating to an “underperform” rating in a research note on Thursday, June 4th. Roth Capital reaffirmed a “neutral” rating and set a $36.00 price target on shares of Murphy Oil in a research report on Thursday, May 7th. Finally, UBS Group cut their price target on Murphy Oil from $44.00 to $41.00 and set a “neutral” rating for the company in a research note on Tuesday. Three analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Murphy Oil presently has an average rating of “Hold” and an average price target of $38.33.

Murphy Oil Stock Down 1.1%

Murphy Oil stock opened at $38.96 on Friday. The firm has a 50 day moving average price of $36.31 and a 200-day moving average price of $35.91. The company has a quick ratio of 0.77, a current ratio of 0.83 and a debt-to-equity ratio of 0.30. Murphy Oil has a twelve month low of $21.86 and a twelve month high of $43.34. The company has a market capitalization of $5.59 billion, a P/E ratio of 66.04 and a beta of 0.52.

Institutional Investors Weigh In On Murphy Oil

Several institutional investors have recently made changes to their positions in MUR. CIBC Private Wealth Group LLC bought a new position in shares of Murphy Oil in the fourth quarter worth $26,000. Leonteq Securities AG bought a new stake in shares of Murphy Oil during the 1st quarter valued at $29,000. Valued Wealth Advisors LLC lifted its holdings in Murphy Oil by 14,700.0% during the 1st quarter. Valued Wealth Advisors LLC now owns 740 shares of the oil and gas producer’s stock worth $31,000 after purchasing an additional 735 shares in the last quarter. Torren Management LLC purchased a new stake in Murphy Oil during the 4th quarter worth about $37,000. Finally, Farther Finance Advisors LLC boosted its stake in Murphy Oil by 72.9% in the 4th quarter. Farther Finance Advisors LLC now owns 1,701 shares of the oil and gas producer’s stock worth $53,000 after purchasing an additional 717 shares during the period. Hedge funds and other institutional investors own 78.31% of the company’s stock.

Key Murphy Oil News

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

• Positive Sentiment: Zacks Research raised its Q2 2026 EPS estimate for Murphy Oil to $0.98 from $0.80 and lifted FY2026 EPS to $2.85 from $2.69, suggesting better near-term profitability expectations.
• Neutral Sentiment: The firm’s current full-year consensus earnings estimate remains $3.09 per share, so the stock is still being judged against a relatively steady Wall Street benchmark.
• Negative Sentiment: Zacks Research trimmed several longer-dated forecasts, including Q1 2027 EPS to $0.58 from $0.62, Q3 2026 EPS to $0.86 from $0.87, Q3 2027 EPS to $0.81 from $0.83, Q4 2027 EPS to $0.66 from $0.68, Q2 2028 EPS to $0.65 from $0.70, and FY2028 EPS to $2.74 from $2.91, pointing to softer long-term earnings momentum.
• Negative Sentiment: FY2027 EPS estimates were also cut to $2.72 from $2.81, reinforcing the view that analysts see some compression in future profitability for Murphy Oil Corporation (NYSE: MUR).

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.