Q3 Earnings Estimate for Murphy Oil Issued By Zacks Research

Murphy Oil Corporation (NYSE:MUR) – Stock analysts at Zacks Research cut their Q3 2026 EPS estimates for Murphy Oil in a research note issued to investors on Wednesday, July 22nd. Zacks Research analyst Team now forecasts that the oil and gas producer will post earnings of $0.86 per share for the quarter, down from their prior forecast of $0.87. The consensus estimate for Murphy Oil’s current full-year earnings is $3.09 per share. Zacks Research also issued estimates for Murphy Oil’s Q1 2027 earnings at $0.58 EPS, Q3 2027 earnings at $0.81 EPS, Q4 2027 earnings at $0.66 EPS, FY2027 earnings at $2.72 EPS, Q2 2028 earnings at $0.65 EPS and FY2028 earnings at $2.74 EPS.

MUR has been the subject of several other research reports. Barclays raised their target price on Murphy Oil from $36.00 to $43.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 26th. Morgan Stanley decreased their price target on Murphy Oil from $37.00 to $35.00 and set an “underweight” rating on the stock in a research note on Monday, June 29th. UBS Group lowered their price target on Murphy Oil from $44.00 to $41.00 and set a “neutral” rating for the company in a report on Tuesday. KeyCorp raised Murphy Oil from a “sector weight” rating to an “overweight” rating and set a $48.00 price objective for the company in a research report on Thursday, June 4th. Finally, Wells Fargo & Company boosted their price objective 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. Three investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Murphy Oil presently has a consensus rating of “Hold” and a consensus target price of $38.33.

Murphy Oil Stock Up 1.6%

MUR stock opened at $39.38 on Thursday. Murphy Oil has a one year low of $21.86 and a one year high of $43.34. The firm has a market cap of $5.65 billion, a PE ratio of 66.75 and a beta of 0.52. The firm’s 50 day moving average price is $36.34 and its 200-day moving average price is $35.89. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.77 and a current ratio of 0.83.

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

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP grew its stake in shares of Murphy Oil by 3.0% in the first quarter. Dimensional Fund Advisors LP now owns 8,171,385 shares of the oil and gas producer’s stock valued at $337,081,000 after buying an additional 238,326 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Murphy Oil by 2.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,572,610 shares of the oil and gas producer’s stock worth $174,144,000 after acquiring an additional 143,125 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in Murphy Oil by 105.6% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,310,884 shares of the oil and gas producer’s stock worth $136,574,000 after acquiring an additional 1,700,498 shares in the last quarter. AQR Capital Management LLC boosted its holdings in Murphy Oil by 8.3% during the 3rd quarter. AQR Capital Management LLC now owns 2,656,394 shares of the oil and gas producer’s stock valued at $75,468,000 after acquiring an additional 204,349 shares during the period. Finally, Bank of America Corp DE boosted its holdings in Murphy Oil by 33.3% during the 3rd quarter. Bank of America Corp DE now owns 2,056,427 shares of the oil and gas producer’s stock valued at $58,423,000 after acquiring an additional 514,127 shares during the period. 78.31% of the stock is currently owned by institutional investors and hedge funds.

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.