FY2026 Earnings Estimate for Murphy Oil Issued By Scotiabank

Murphy Oil Co. (NYSE:MUR) – Stock analysts at Scotiabank issued their FY2026 earnings per share estimates for shares of Murphy Oil in a research report issued to clients and investors on Wednesday, January 8th. Scotiabank analyst P. Cheng anticipates that the oil and gas producer will earn $3.45 per share for the year. Scotiabank currently has a “Sector Perform” rating and a $36.00 target price on the stock. The consensus estimate for Murphy Oil’s current full-year earnings is $3.15 per share.

Other equities analysts have also recently issued research reports about the company. The Goldman Sachs Group dropped their target price on Murphy Oil from $44.00 to $39.00 and set a “neutral” rating for the company in a report on Monday, October 7th. Wells Fargo & Company cut their price objective on shares of Murphy Oil from $39.00 to $35.00 and set an “equal weight” rating on the stock in a research report on Monday, December 9th. Truist Financial lowered their target price on shares of Murphy Oil from $55.00 to $42.00 and set a “buy” rating for the company in a report on Monday, September 30th. UBS Group cut their price target on shares of Murphy Oil from $38.00 to $34.00 and set a “neutral” rating on the stock in a report on Monday, December 9th. Finally, Barclays decreased their price objective on shares of Murphy Oil from $38.00 to $37.00 and set an “equal weight” rating for the company in a research note on Monday, November 11th. Ten research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $39.58.

Murphy Oil Trading Up 1.7 %

Shares of NYSE MUR opened at $33.34 on Friday. Murphy Oil has a 1-year low of $27.75 and a 1-year high of $49.14. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.71 and a quick ratio of 0.65. The business’s 50 day moving average is $31.26 and its two-hundred day moving average is $35.00. The stock has a market capitalization of $4.86 billion, a P/E ratio of 10.75 and a beta of 2.17.

Murphy Oil (NYSE:MUR) last posted its earnings results on Thursday, November 7th. The oil and gas producer reported $0.74 earnings per share for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.02). Murphy Oil had a return on equity of 9.22% and a net margin of 14.78%. The business had revenue of $758.33 million during the quarter, compared to the consensus estimate of $759.74 million. During the same quarter last year, the firm earned $1.59 earnings per share. The business’s quarterly revenue was down 21.0% on a year-over-year basis.

Institutional Trading of Murphy Oil

Several institutional investors and hedge funds have recently made changes to their positions in the company. Los Angeles Capital Management LLC bought a new position in Murphy Oil during the 2nd quarter worth about $712,000. Prudential PLC bought a new position in Murphy Oil in the second quarter worth approximately $1,802,000. Headlands Technologies LLC lifted its holdings in Murphy Oil by 1,434.5% during the second quarter. Headlands Technologies LLC now owns 1,289 shares of the oil and gas producer’s stock worth $53,000 after buying an additional 1,205 shares during the period. AGF Management Ltd. bought a new stake in Murphy Oil during the 2nd quarter valued at $2,269,000. Finally, American Century Companies Inc. increased its holdings in shares of Murphy Oil by 3.3% in the 2nd quarter. American Century Companies Inc. now owns 845,282 shares of the oil and gas producer’s stock valued at $34,859,000 after acquiring an additional 27,106 shares during the period. 78.31% of the stock is currently owned by institutional investors.

Murphy Oil Company Profile

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.