Equities Analysts Issue Forecasts for Murphy Oil Q2 Earnings

Murphy Oil Corporation (NYSE:MUR) – Equities research analysts at Zacks Research lifted their Q2 2026 earnings estimates for shares of Murphy Oil in a report released on Friday, July 24th. Zacks Research analyst Team now anticipates that the oil and gas producer will post earnings per share of $1.06 for the quarter, up from their prior estimate of $0.98. 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 $2.98 EPS.

Murphy Oil (NYSE:MUR) last announced its quarterly earnings results on Wednesday, May 6th. The oil and gas producer reported $0.32 earnings per share (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 analyst estimates of $702.96 million. Murphy Oil had a net margin of 3.02% and a return on equity of 3.09%. The firm’s revenue was up 9.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.56 EPS.

A number of other analysts have also recently weighed in on MUR. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Murphy Oil in a research note on Wednesday, June 24th. Mizuho raised their price objective on Murphy Oil from $39.00 to $44.00 and gave the company a “neutral” rating in a report on Wednesday, May 27th. Roth Capital restated a “neutral” rating and set a $36.00 price objective on shares of Murphy Oil in a research report on Thursday, May 7th. Morgan Stanley reduced their price objective on Murphy Oil from $37.00 to $35.00 and set an “underweight” rating on the stock in a research report on Monday, June 29th. Finally, Barclays upped their target price on Murphy Oil from $36.00 to $43.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 26th. Three equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Murphy Oil presently has a consensus rating of “Hold” and an average price target of $38.33.

Murphy Oil Price Performance

Shares of NYSE:MUR opened at $37.49 on Monday. Murphy Oil has a one year low of $21.86 and a one year high of $43.34. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.83 and a quick ratio of 0.77. The company has a market cap of $5.37 billion, a price-to-earnings ratio of 63.55 and a beta of 0.52. The firm has a 50 day simple moving average of $36.25 and a 200 day simple moving average of $35.99.

Hedge Funds Weigh In On Murphy Oil

Institutional investors and hedge funds have recently modified their holdings of the business. CIBC Private Wealth Group LLC acquired a new stake in Murphy Oil in the fourth quarter worth $26,000. Leonteq Securities AG bought a new position in Murphy Oil in the first quarter worth approximately $29,000. Valued Wealth Advisors LLC boosted its holdings in Murphy Oil by 14,700.0% in the first quarter. Valued Wealth Advisors LLC now owns 740 shares of the oil and gas producer’s stock worth $31,000 after acquiring an additional 735 shares in the last quarter. Torren Management LLC acquired a new stake in Murphy Oil in the fourth quarter valued at approximately $37,000. Finally, Farther Finance Advisors LLC grew its stake in Murphy Oil by 72.9% in 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 acquiring an additional 717 shares during the period. 78.31% of the stock is currently owned by institutional investors.

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.