FY2026 Earnings Estimate for Murphy Oil Issued By Scotiabank

Murphy Oil Corporation (NYSE:MUR) – Equities researchers at Scotiabank decreased their FY2026 earnings per share estimates for Murphy Oil in a report released on Wednesday, February 11th. Scotiabank analyst P. Cheng now anticipates that the oil and gas producer will earn $0.00 per share for the year, down from their prior forecast 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.

Several other equities research analysts also recently issued reports on the company. KeyCorp reaffirmed a “sector weight” rating on shares of Murphy Oil in a research report on Thursday, January 29th. Barclays decreased their target price on Murphy Oil from $31.00 to $29.00 and set an “underweight” rating for the company in a research note on Friday, January 30th. Zacks Research downgraded Murphy Oil from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 20th. Weiss Ratings reissued a “hold (c)” rating on shares of Murphy Oil in a research report on Monday, December 29th. Finally, UBS Group restated a “neutral” rating and issued a $30.00 price objective on shares of Murphy Oil in a research note on Monday, February 2nd. Thirteen investment analysts have rated the stock with a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, Murphy Oil currently has a consensus rating of “Reduce” and a consensus price target of $29.42.

Murphy Oil Stock Performance

Shares of MUR opened at $33.66 on Monday. The company has a market capitalization of $4.81 billion, a PE ratio of 46.76 and a beta of 0.78. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.77 and a quick ratio of 0.87. Murphy Oil has a one year low of $18.94 and a one year high of $35.19. The company’s fifty day moving average price is $31.94 and its 200 day moving average price is $28.99.

Murphy Oil (NYSE:MUR) last issued its quarterly earnings data 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. The business had revenue of $613.08 million during the quarter, compared to analysts’ expectations of $650.90 million. Murphy Oil had a net margin of 3.83% and a return on equity of 3.75%. Murphy Oil’s revenue for the quarter was down 6.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.35 earnings per share.

Institutional Investors Weigh In On Murphy Oil

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

Murphy Oil Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Tuesday, February 17th will be given a dividend of $0.35 per share. This is a boost from Murphy Oil’s previous quarterly dividend of $0.33. This represents a $1.40 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date is Tuesday, February 17th. Murphy Oil’s dividend payout ratio (DPR) is presently 180.56%.

Murphy Oil News Summary

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.