Q1 Earnings Forecast for Murphy Oil Issued By Zacks Research

Murphy Oil Corporation (NYSE:MUR) – Equities researchers at Zacks Research decreased their Q1 2027 earnings estimates for shares of Murphy Oil in a research report issued to clients and investors on Wednesday, May 20th. Zacks Research analyst Team now forecasts that the oil and gas producer will post earnings per share of $0.57 for the quarter, down from their prior forecast of $0.67. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Murphy Oil’s current full-year earnings is $3.44 per share. Zacks Research also issued estimates for Murphy Oil’s Q3 2027 earnings at $0.81 EPS, FY2027 earnings at $2.67 EPS and Q1 2028 earnings at $0.64 EPS.

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

Several other research firms have also issued reports on MUR. Piper Sandler upgraded shares of Murphy Oil from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $33.00 to $41.00 in a report on Thursday, March 12th. Wells Fargo & Company lifted their price objective on shares of Murphy Oil from $32.00 to $38.00 and gave the company an “equal weight” rating in a research note on Thursday, March 26th. Roth Mkm reiterated a “neutral” rating and issued a $36.00 price objective on shares of Murphy Oil in a research note on Thursday, May 7th. Barclays lifted their price objective on shares of Murphy Oil from $33.00 to $36.00 and gave the company an “equal weight” rating in a research note on Thursday, May 7th. Finally, Morgan Stanley reiterated an “underweight” rating on shares of Murphy Oil in a research note on Friday, March 27th. Two analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Murphy Oil currently has a consensus rating of “Hold” and a consensus price target of $35.73.

Murphy Oil Stock Up 0.1%

Murphy Oil stock opened at $38.02 on Monday. 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 has a 52-week low of $20.44 and a 52-week high of $43.34. The firm has a 50 day moving average price of $39.12 and a two-hundred day moving average price of $34.37. The firm has a market cap of $5.45 billion, a price-to-earnings ratio of 64.45 and a beta of 0.55.

Murphy Oil Dividend Announcement

The company also recently disclosed 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 of this dividend is Monday, May 18th. Murphy Oil’s payout ratio is currently 237.29%.

Insider Transactions at Murphy Oil

In other Murphy Oil news, SVP Daniel R. Hanchera sold 47,320 shares of Murphy Oil stock in a transaction on 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 transaction, the senior vice president directly owned 36,166 shares of the company’s stock, valued at $1,222,049.14. The trade was a 56.68% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 5.79% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Murphy Oil

A number of hedge funds have recently bought and sold shares of the company. CIBC Private Wealth Group LLC bought a new stake in shares of Murphy Oil during the 4th quarter worth $26,000. Leonteq Securities AG bought a new stake in shares of Murphy Oil during the 1st quarter worth $29,000. Valued Wealth Advisors LLC raised its stake in shares of 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 during the period. Smartleaf Asset Management LLC raised its stake in shares of Murphy Oil by 67.3% during the 3rd 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. Finally, Torren Management LLC bought a new stake in shares of Murphy Oil during the 4th quarter worth $37,000. 78.31% of the stock is owned by hedge funds and other institutional investors.

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.