Q1 Earnings Forecast for Murphy Oil Issued By Zacks Research

Murphy Oil Corporation (NYSE:MUR) – Stock analysts at Zacks Research dropped their Q1 2026 earnings estimates for shares of Murphy Oil in a research report issued on Wednesday, February 11th. Zacks Research analyst Team now anticipates that the oil and gas producer will earn ($0.22) per share for the quarter, down from their previous forecast of $0.45. Zacks Research currently has a “Strong Sell” rating on the stock. The consensus estimate for Murphy Oil’s current full-year earnings is $2.94 per share. Zacks Research also issued estimates for Murphy Oil’s Q2 2026 earnings at ($0.13) EPS, Q3 2026 earnings at $0.18 EPS, Q4 2026 earnings at $0.18 EPS, FY2026 earnings at $0.00 EPS, Q1 2027 earnings at $0.11 EPS, Q2 2027 earnings at $0.10 EPS, Q3 2027 earnings at $0.40 EPS, FY2027 earnings at $0.92 EPS and FY2028 earnings at $1.11 EPS.

Several other equities research analysts have also commented on MUR. Weiss Ratings restated a “hold (c)” rating on shares of Murphy Oil in a research note on Monday, December 29th. Wall Street Zen upgraded Murphy Oil from a “sell” rating to a “hold” rating in a research report on Saturday, January 31st. KeyCorp reaffirmed a “sector weight” rating on shares of Murphy Oil in a research note on Thursday, January 29th. Wells Fargo & Company lifted their price objective on Murphy Oil from $28.00 to $32.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 27th. Finally, The Goldman Sachs Group boosted their price objective on Murphy Oil from $26.00 to $29.00 and gave the company a “neutral” rating in a research note on Wednesday. Thirteen research analysts have rated the stock with a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, Murphy Oil presently has an average rating of “Reduce” and a consensus price target of $29.42.

Murphy Oil Stock Down 3.8%

MUR opened at $32.93 on Friday. The firm’s 50 day simple moving average is $31.93 and its two-hundred day simple moving average is $28.91. The company has a market capitalization of $4.70 billion, a PE ratio of 45.73 and a beta of 0.78. Murphy Oil has a 1-year low of $18.94 and a 1-year high of $35.19. The company has a current ratio of 0.77, a quick ratio of 0.87 and a debt-to-equity ratio of 0.27.

Murphy Oil (NYSE:MUR) last posted its quarterly earnings data on Wednesday, January 28th. The oil and gas producer reported $0.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.21. Murphy Oil had a net margin of 3.83% and a return on equity of 3.75%. The company had revenue of $613.08 million for the quarter, compared to the consensus estimate of $650.90 million. During the same quarter last year, the firm posted $0.35 earnings per share. The firm’s revenue was down 6.9% compared to the same quarter last year.

Institutional Trading of Murphy Oil

Institutional investors have recently made changes to their positions in the business. CIBC Private Wealth Group LLC bought a new stake in Murphy Oil during the 4th quarter valued at approximately $26,000. Smartleaf Asset Management LLC boosted its stake in Murphy Oil by 67.3% in 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. Torren Management LLC purchased a new stake in Murphy Oil during the 4th quarter valued at approximately $37,000. Farther Finance Advisors LLC raised its position in shares of Murphy Oil by 72.9% during the fourth 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 during the last quarter. Finally, Allworth Financial LP raised its position in shares of Murphy Oil by 39.7% during the second quarter. Allworth Financial LP now owns 2,440 shares of the oil and gas producer’s stock valued at $55,000 after buying an additional 693 shares during the last quarter. Hedge funds and other institutional investors own 78.31% of the company’s stock.

Murphy Oil Increases Dividend

The firm 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 $0.35 dividend. The ex-dividend date is Tuesday, February 17th. This is a positive change from Murphy Oil’s previous quarterly dividend of $0.33. This represents a $1.40 annualized dividend and a dividend yield of 4.3%. Murphy Oil’s dividend payout ratio (DPR) is presently 180.56%.

Trending Headlines about Murphy Oil

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

• Neutral Sentiment: Street consensus full‑year EPS remains at $2.94, indicating the broader analyst community still expects stronger annual results than the cuts from Zacks.
• Neutral Sentiment: Zacks issued FY2028 EPS of $1.11 (their long‑range view), which may reflect a recovery scenario but is materially below prior Zacks forecasts.
• Negative Sentiment: Zacks Research cut estimates across multiple quarters and years and now has a “Strong Sell” on MUR — examples include FY2026 cut from $1.63 to $0.00 and FY2027 cut from $2.09 to $0.92; notable quarterly downgrades include Q1 2026 (from $0.45 to -$0.22), Q2 2026 (from $0.35 to -$0.13), and several 2026–2027 quarters that were roughly halved. These downward revisions signal near‑term earnings risk and weaker operational or commodity assumptions by Zacks.
• Negative Sentiment: BMO Capital Markets lowered its price target to $35, citing a softer 2026 production outlook — a direct note on operational volumes that could pressure revenue and cash flow. BMO Capital Cuts Murphy Oil (MUR) Price Target to $35, Cites Softer 2026 Production Outlook

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.