Murphy Oil (NYSE:MUR) Announces Earnings Results

Murphy Oil (NYSE:MUR) posted its earnings results on Wednesday. The oil and gas producer reported $1.55 EPS for the quarter, missing analysts’ consensus estimates of $1.57 by ($0.02), FiscalAI reports. Murphy Oil had a return on equity of 3.09% and a net margin of 3.02%.The firm had revenue of $926.33 million for the quarter, compared to analysts’ expectations of $888.51 million. During the same quarter in the previous year, the firm posted $0.27 earnings per share. The firm’s revenue for the quarter was up 33.5% compared to the same quarter last year.

Murphy Oil Trading Down 7.8%

Shares of Murphy Oil stock traded down $2.83 during trading hours on Thursday, reaching $33.21. The stock had a trading volume of 2,635,115 shares, compared to its average volume of 2,223,492. The firm has a 50 day simple moving average of $36.27 and a two-hundred day simple moving average of $36.26. The firm has a market capitalization of $4.76 billion, a price-to-earnings ratio of 56.35 and a beta of 0.50. 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 Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th will be paid a dividend of $0.35 per share. The ex-dividend date is Monday, August 17th. This represents a $1.40 annualized dividend and a yield of 4.2%. Murphy Oil’s dividend payout ratio is currently 237.29%.

Key Murphy Oil News

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

• Positive Sentiment: Second-quarter revenue rose 33.5% year over year to approximately $926.3 million, beating the roughly $888.5 million consensus estimate. Net income attributable to Murphy increased to $232.2 million, or $1.59 per diluted share, from $22.3 million, or $0.16, a year earlier. Stronger realized oil prices, production and lower operating costs supported revenue and cash flow. Murphy Oil Corporation Announces Second Quarter Results
• Positive Sentiment: Production reached 169,000 barrels of oil equivalent per day, near the upper end of guidance, indicating solid execution. Murphy also reported an oil discovery at the Bubale-1X exploration well offshore Côte d’Ivoire, potentially adding to its long-term growth portfolio. Murphy Oil outlines 2026 capital spending
• Positive Sentiment: The company maintained a quarterly dividend of $0.35 per share, equivalent to a roughly 3.9% annualized yield at the referenced price. The dividend is payable September 1 to shareholders of record August 17. Murphy Oil dividend announcement
• Neutral Sentiment: Murphy raised its 2026 capital-expenditure midpoint from $1.25 billion to $1.55 billion, reflecting the start of Bubale appraisal work and accelerated Eagle Ford activity. The spending may improve future production and reserves but could reduce near-term free cash flow. 2026 capital expenditure and operations update
• Negative Sentiment: Adjusted EPS of $1.55 narrowly missed the broader analyst consensus of $1.57, despite exceeding the Zacks estimate of $1.51. That mixed earnings signal, along with the increased investment budget, likely contributed to the weaker market reaction. Murphy Oil Q2 2026 earnings call transcript

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on MUR. Scotiabank reissued a “sector perform” rating and issued a $44.00 price objective on shares of Murphy Oil in a research note on Wednesday, May 13th. Wall Street Zen lowered Murphy Oil from a “buy” rating to a “hold” rating in a research note on Saturday, June 27th. Roth Capital reissued a “neutral” rating and set a $36.00 price target on shares of Murphy Oil in a research report on Thursday, May 7th. KeyCorp raised Murphy Oil from a “sector weight” rating to an “overweight” rating and set a $48.00 price objective on the stock in a research note on Thursday, June 4th. Finally, Morgan Stanley decreased their price target on shares of Murphy Oil from $37.00 to $35.00 and set an “underweight” rating on the stock in a research note on Monday, June 29th. Three research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $38.33.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Murphy Oil by 1.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 84,061 shares of the oil and gas producer’s stock worth $2,387,000 after buying an additional 1,419 shares during the period. United Services Automobile Association acquired a new position in Murphy Oil during the first quarter worth about $265,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Murphy Oil by 22.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 249,094 shares of the oil and gas producer’s stock worth $7,074,000 after purchasing an additional 45,841 shares during the period. Cetera Investment Advisers boosted its position in Murphy Oil by 9.8% during the second quarter. Cetera Investment Advisers now owns 31,471 shares of the oil and gas producer’s stock valued at $708,000 after purchasing an additional 2,819 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its stake in Murphy Oil by 437.8% in the second quarter. EverSource Wealth Advisors LLC now owns 3,802 shares of the oil and gas producer’s stock valued at $86,000 after acquiring an additional 3,095 shares during the last quarter. Hedge funds and other institutional investors own 78.31% of the company’s stock.

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.