Brokers Offer Predictions for Murphy Oil FY2025 Earnings

Murphy Oil Corporation (NYSE:MUR) – Equities research analysts at Zacks Research cut their FY2025 earnings per share estimates for shares of Murphy Oil in a research note issued on Monday, November 17th. Zacks Research analyst Team now forecasts that the oil and gas producer will post earnings per share of $1.25 for the year, down from their prior forecast of $1.32. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Murphy Oil’s current full-year earnings is $2.94 per share.

Murphy Oil (NYSE:MUR) last announced its earnings results on Monday, March 21st. The oil and gas producer reported ($0.09) EPS for the quarter. The firm had revenue of $440.08 million for the quarter. Murphy Oil had a net margin of 10.20% and a return on equity of 5.25%.

Several other research analysts have also commented on MUR. Roth Capital restated a “neutral” rating and set a $25.00 price target on shares of Murphy Oil in a research report on Thursday, November 6th. UBS Group increased their target price on Murphy Oil from $24.00 to $27.00 and gave the company a “neutral” rating in a report on Tuesday, October 14th. Morgan Stanley lowered their price target on Murphy Oil from $28.00 to $27.00 and set an “underweight” rating for the company in a report on Tuesday, October 14th. Wells Fargo & Company raised their price objective on Murphy Oil from $26.00 to $28.00 and gave the stock an “equal weight” rating in a report on Friday. Finally, Mizuho raised their price objective on shares of Murphy Oil from $29.00 to $30.00 and gave the stock a “neutral” rating in a research report on Thursday, November 6th. One investment analyst has rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and an average price target of $28.50.

Murphy Oil Stock Performance

NYSE MUR opened at $29.49 on Tuesday. The company has a current ratio of 0.84, a quick ratio of 0.77 and a debt-to-equity ratio of 0.28. The stock has a market cap of $4.21 billion, a PE ratio of 15.28 and a beta of 0.99. The stock has a fifty day simple moving average of $28.21 and a 200-day simple moving average of $25.22. Murphy Oil has a twelve month low of $18.94 and a twelve month high of $34.52.

Murphy Oil Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Stockholders of record on Monday, November 17th will be paid a $0.325 dividend. The ex-dividend date is Monday, November 17th. This represents a $1.30 annualized dividend and a dividend yield of 4.4%. Murphy Oil’s dividend payout ratio is 132.65%.

Hedge Funds Weigh In On Murphy Oil

A number of hedge funds have recently bought and sold shares of the company. Smartleaf Asset Management LLC boosted its stake in Murphy Oil by 67.3% in the third quarter. Smartleaf Asset Management LLC now owns 1,094 shares of the oil and gas producer’s stock valued at $32,000 after acquiring an additional 440 shares during the period. Mustard Seed Financial LLC boosted its position in shares of Murphy Oil by 2.9% during the 1st quarter. Mustard Seed Financial LLC now owns 17,861 shares of the oil and gas producer’s stock valued at $507,000 after purchasing an additional 500 shares in the last quarter. Strs Ohio boosted its stake in shares of Murphy Oil by 11.1% during the 3rd quarter. Strs Ohio now owns 5,000 shares of the oil and gas producer’s stock worth $142,000 after acquiring an additional 500 shares in the last quarter. Arizona State Retirement System raised its holdings in shares of Murphy Oil by 1.4% during the third quarter. Arizona State Retirement System now owns 40,119 shares of the oil and gas producer’s stock valued at $1,140,000 after acquiring an additional 551 shares during the period. Finally, Quadrant Capital Group LLC grew its holdings in shares of Murphy Oil by 2.8% during the third quarter. Quadrant Capital Group LLC now owns 21,038 shares of the oil and gas producer’s stock valued at $598,000 after buying an additional 565 shares in the last quarter. 78.31% of the stock is currently owned by institutional investors and hedge funds.

About Murphy Oil

Murphy Oil Corporation, together with its subsidiaries, operates as an oil and gas exploration and production company in the United States, Canada, and internationally. It explores for and produces crude oil, natural gas, and natural gas liquids. The company was formerly known as Murphy Corporation and changed its name to Murphy Oil Corporation in 1964.