Q1 EPS Estimates for Murphy Oil Cut by Capital One Financial

Murphy Oil Co. (NYSE:MUR) – Equities researchers at Capital One Financial cut their Q1 2025 EPS estimates for Murphy Oil in a research report issued on Tuesday, February 4th. Capital One Financial analyst B. Velie now anticipates that the oil and gas producer will post earnings per share of $0.63 for the quarter, down from their previous forecast of $0.81. The consensus estimate for Murphy Oil’s current full-year earnings is $3.33 per share.

Several other research firms also recently weighed in on MUR. Piper Sandler decreased their price target on shares of Murphy Oil from $39.00 to $35.00 and set an “overweight” rating for the company in a research note on Wednesday, January 29th. UBS Group cut their price objective on shares of Murphy Oil from $34.00 to $32.00 and set a “neutral” rating on the stock in a report on Monday. Truist Financial lowered shares of Murphy Oil from a “buy” rating to a “hold” rating and cut their price objective for the company from $42.00 to $31.00 in a report on Friday, January 31st. KeyCorp cut their price objective on shares of Murphy Oil from $50.00 to $37.00 and set an “overweight” rating on the stock in a report on Monday. Finally, Mizuho cut their price target on shares of Murphy Oil from $50.00 to $45.00 and set an “outperform” rating on the stock in a report on Monday, December 16th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $36.33.

Murphy Oil Stock Performance

Murphy Oil stock opened at $26.47 on Wednesday. The company has a 50 day moving average price of $30.45 and a 200-day moving average price of $33.56. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.77 and a current ratio of 0.83. Murphy Oil has a fifty-two week low of $25.26 and a fifty-two week high of $49.14. The company has a market capitalization of $3.86 billion, a PE ratio of 9.84 and a beta of 2.14.

Murphy Oil (NYSE:MUR) last posted its quarterly earnings results on Thursday, January 30th. The oil and gas producer reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.62 by ($0.27). Murphy Oil had a net margin of 13.44% and a return on equity of 7.66%. During the same quarter in the prior year, the company posted $0.90 EPS.

Murphy Oil Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be paid a dividend of $0.325 per share. This is an increase from Murphy Oil’s previous quarterly dividend of $0.30. This represents a $1.30 annualized dividend and a dividend yield of 4.91%. The ex-dividend date of this dividend is Tuesday, February 18th. Murphy Oil’s payout ratio is presently 44.61%.

Institutional Investors Weigh In On Murphy Oil

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Simmons Bank lifted its position in Murphy Oil by 43.6% during the fourth quarter. Simmons Bank now owns 43,668 shares of the oil and gas producer’s stock valued at $1,321,000 after purchasing an additional 13,262 shares during the period. Bank of New York Mellon Corp lifted its position in Murphy Oil by 0.7% during the fourth quarter. Bank of New York Mellon Corp now owns 1,857,702 shares of the oil and gas producer’s stock valued at $56,214,000 after purchasing an additional 13,263 shares during the period. IFP Advisors Inc lifted its position in Murphy Oil by 67.5% during the fourth quarter. IFP Advisors Inc now owns 6,337 shares of the oil and gas producer’s stock valued at $192,000 after purchasing an additional 2,553 shares during the period. Ieq Capital LLC acquired a new position in Murphy Oil during the fourth quarter valued at $233,000. Finally, Alberta Investment Management Corp lifted its position in Murphy Oil by 188.5% during the fourth quarter. Alberta Investment Management Corp now owns 204,520 shares of the oil and gas producer’s stock valued at $6,189,000 after purchasing an additional 133,640 shares during the period. 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.