Bessemer Group Inc. Has $28.88 Million Stock Holdings in Murphy Oil Corporation $MUR

Bessemer Group Inc. boosted its holdings in shares of Murphy Oil Corporation (NYSE:MUR) by 4.1% in the first quarter, Holdings Channel reports. The firm owned 700,132 shares of the oil and gas producer’s stock after purchasing an additional 27,487 shares during the quarter. Bessemer Group Inc.’s holdings in Murphy Oil were worth $28,878,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. CIBC Private Wealth Group LLC bought a new stake in shares of Murphy Oil in the 4th quarter valued at approximately $26,000. Leonteq Securities AG bought a new position in shares of Murphy Oil during the 1st quarter worth approximately $29,000. Valued Wealth Advisors LLC lifted its position 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 buying an additional 735 shares during the period. Torren Management LLC acquired a new stake in Murphy Oil in the 4th quarter valued at $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 valued at $53,000 after buying an additional 717 shares in the last quarter. 78.31% of the stock is owned by institutional investors and hedge funds.

Murphy Oil Trading Up 3.9%

MUR opened at $36.85 on Friday. The company has a current ratio of 0.83, a quick ratio of 0.77 and a debt-to-equity ratio of 0.30. The stock has a market capitalization of $5.28 billion, a PE ratio of 62.46 and a beta of 0.52. Murphy Oil Corporation has a 1-year low of $21.86 and a 1-year high of $43.34. The firm has a 50-day moving average price of $36.37 and a two-hundred day moving average price of $35.68.

Murphy Oil (NYSE:MUR) last announced its earnings results on Wednesday, May 6th. The oil and gas producer reported $0.32 earnings per share (EPS) for the quarter, topping 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 company had revenue of $732.35 million for the quarter, compared to analyst estimates of $702.96 million. During the same period in the prior year, the business earned $0.56 earnings per share. Murphy Oil’s quarterly revenue was up 9.0% on a year-over-year basis. As a group, equities analysts anticipate that Murphy Oil Corporation will post 3.09 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms have issued reports on MUR. Barclays increased their price objective 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 reduced their target price on shares of 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 upped their target price on shares of Murphy Oil from $43.00 to $44.00 and gave the stock a “neutral” rating in a report on Wednesday, April 15th. Wells Fargo & Company increased their target price on shares of Murphy Oil from $32.00 to $38.00 and gave the stock an “equal weight” rating in a research report on Thursday, March 26th. Finally, Johnson Rice raised shares of Murphy Oil from a “hold” rating to an “accumulate” rating in a report on Wednesday, March 25th. Three equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $38.58.

Murphy Oil News Summary

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

• Positive Sentiment: Murphy Oil recently beat second-quarter earnings and revenue expectations, reporting $0.32 EPS versus the $0.29 consensus and revenue of $732.35 million versus $702.96 million expected, which supports the stock’s recent upward move.
• Neutral Sentiment: Analysts still expect Murphy Oil to remain profitable, with consensus current-year earnings at $3.05 per share, even after the latest forecast adjustments.
• Negative Sentiment: Zacks Research lowered Murphy Oil’s EPS estimates for FY2026, Q3 2026, Q4 2026, FY2027, Q1 2027, Q2 2027, Q3 2027, Q4 2027, Q2 2028 and FY2028, signaling a softer earnings outlook ahead.

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.