Murphy Oil Co. (NYSE:MUR – Free Report) – Research analysts at Capital One Financial decreased their Q1 2025 EPS estimates for shares of Murphy Oil in a research note issued on Wednesday, March 5th. Capital One Financial analyst B. Velie now expects that the oil and gas producer will post earnings per share of $0.53 for the quarter, down from their previous forecast of $0.63. The consensus estimate for Murphy Oil’s current full-year earnings is $2.94 per share.
Several other brokerages also recently commented on MUR. Roth Capital set a $37.00 price objective on shares of Murphy Oil in a research report on Thursday, January 23rd. Mizuho cut their target price on Murphy Oil from $50.00 to $45.00 and set an “outperform” rating on the stock in a report on Monday, December 16th. Barclays reiterated an “equal weight” rating on shares of Murphy Oil in a report on Monday, February 3rd. Morgan Stanley reiterated an “underweight” rating and issued a $37.00 target price on shares of Murphy Oil in a report on Wednesday, January 22nd. Finally, Truist Financial cut Murphy Oil from a “buy” rating to a “hold” rating and cut their target price for the stock from $42.00 to $31.00 in a report on Friday, January 31st. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $36.31.
Murphy Oil Stock Performance
Shares of MUR stock opened at $25.40 on Friday. The company has a market cap of $3.70 billion, a price-to-earnings ratio of 9.44 and a beta of 2.18. Murphy Oil has a 52 week low of $22.90 and a 52 week high of $49.14. The company has a quick ratio of 0.77, a current ratio of 0.83 and a debt-to-equity ratio of 0.24. The firm has a 50 day moving average of $29.00 and a 200-day moving average of $31.86.
Murphy Oil (NYSE:MUR – Get Free Report) last announced its quarterly earnings data on Thursday, January 30th. The oil and gas producer reported $0.35 EPS for the quarter, missing the consensus estimate of $0.62 by ($0.27). Murphy Oil had a return on equity of 7.66% and a net margin of 13.44%. During the same quarter last year, the company posted $0.90 EPS.
Institutional Investors Weigh In On Murphy Oil
Several large investors have recently added to or reduced their stakes in MUR. State of Alaska Department of Revenue increased its holdings in Murphy Oil by 3.9% in the 3rd quarter. State of Alaska Department of Revenue now owns 16,475 shares of the oil and gas producer’s stock worth $555,000 after acquiring an additional 620 shares during the last quarter. US Bancorp DE increased its holdings in Murphy Oil by 7.8% in the 3rd quarter. US Bancorp DE now owns 55,075 shares of the oil and gas producer’s stock worth $1,858,000 after acquiring an additional 4,004 shares during the last quarter. Harbor Capital Advisors Inc. increased its holdings in Murphy Oil by 132.4% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 24,619 shares of the oil and gas producer’s stock worth $831,000 after acquiring an additional 14,024 shares during the last quarter. Robeco Institutional Asset Management B.V. purchased a new stake in Murphy Oil in the 3rd quarter worth about $256,000. Finally, Harvest Portfolios Group Inc. increased its holdings in Murphy Oil by 18.0% in the 3rd quarter. Harvest Portfolios Group Inc. now owns 40,946 shares of the oil and gas producer’s stock worth $1,382,000 after acquiring an additional 6,247 shares during the last quarter. Hedge funds and other institutional investors own 78.31% of the company’s stock.
Insider Buying and Selling at Murphy Oil
In other Murphy Oil news, VP Meenambigai Palanivelu bought 1,573 shares of the stock in a transaction dated Wednesday, February 5th. The shares were bought at an average cost of $26.70 per share, for a total transaction of $41,999.10. Following the purchase, the vice president now directly owns 37,065 shares of the company’s stock, valued at approximately $989,635.50. This trade represents a 4.43 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Claiborne P. Deming acquired 50,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 4th. The stock was purchased at an average cost of $26.47 per share, with a total value of $1,323,500.00. Following the acquisition, the director now owns 931,651 shares in the company, valued at $24,660,801.97. The trade was a 5.67 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 5.92% of the company’s stock.
Murphy Oil Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were paid a dividend of $0.325 per share. The ex-dividend date was Tuesday, February 18th. This is a boost from Murphy Oil’s previous quarterly dividend of $0.30. This represents a $1.30 annualized dividend and a yield of 5.12%. Murphy Oil’s dividend payout ratio (DPR) is 48.33%.
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.
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