Q2 Earnings Estimate for Murphy Oil Issued By Zacks Research

Murphy Oil Corporation (NYSE:MUR) – Equities research analysts at Zacks Research increased their Q2 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 per share of $0.98 for the quarter, up from their previous forecast of $0.80. The consensus estimate for Murphy Oil’s current full-year earnings is $3.13 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.

MUR has been the topic of a number of other reports. Morgan Stanley decreased their price objective on Murphy Oil from $37.00 to $35.00 and set an “underweight” rating on the stock in a report on Monday, June 29th. Mizuho increased their price objective on Murphy Oil from $39.00 to $44.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 27th. Roth Capital reissued a “neutral” rating and set a $36.00 target price on shares of Murphy Oil in a report on Thursday, May 7th. Wall Street Zen cut shares of Murphy Oil from a “buy” rating to a “hold” rating in a research report on Saturday, June 27th. Finally, Jefferies Financial Group downgraded shares of Murphy Oil from a “buy” rating to an “underperform” rating in a research note on Thursday, June 4th. Three equities research 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 data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $38.33.

Murphy Oil Stock Performance

NYSE:MUR opened at $38.96 on Friday. The stock has a market cap of $5.59 billion, a P/E ratio of 66.04 and a beta of 0.52. The stock has a 50 day simple moving average of $36.31 and a 200 day simple moving average of $35.91. The company has a current ratio of 0.83, a quick ratio of 0.77 and a debt-to-equity ratio of 0.30. Murphy Oil has a 1-year low of $21.86 and a 1-year high of $43.34.

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

Institutional Investors Weigh In On Murphy Oil

Several institutional investors have recently made changes to their positions in MUR. Leonteq Securities AG bought a new position in Murphy Oil during the 1st quarter worth $29,000. Valued Wealth Advisors LLC raised its holdings in Murphy Oil by 14,700.0% in the 1st quarter. Valued Wealth Advisors LLC now owns 740 shares of the oil and gas producer’s stock valued at $31,000 after acquiring an additional 735 shares in the last quarter. CIBC Private Wealth Group LLC bought a new stake in shares of Murphy Oil during the 4th quarter valued at $26,000. Torren Management LLC bought a new stake in shares of Murphy Oil during the 4th quarter valued at $37,000. Finally, Farther Finance Advisors LLC grew its holdings in shares of Murphy Oil by 72.9% during 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 in the last quarter. 78.31% of the stock is currently owned by institutional investors.

Key Headlines Impacting Murphy Oil

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).

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.