Murphy Oil (MUR) Stock Price, News & Analysis

Company Overview

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. The company was incorporated in 1950 and is headquartered in Houston, Texas.

Key Stats

• Today's Range: $33.16 to $33.57
• 50-Day Range: $31.12 to $36.07
• 52-Week Range: $30.99 to $49.14
• Volume: 195,011 shs
• Average Volume: 1.65 million shs
• Market Capitalization: $4.88 billion
• P/E Ratio: 10.80
• Dividend Yield: 3.59%
• Price Target: $40.92
• Consensus Rating: Hold

Murphy Oil Stock Analysis - MarketRank™

Murphy Oil scored higher than 98% of companies evaluated by MarketBeat, and ranked 5th out of 264 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.2 / 5
• Analyst Rating: Hold

Consensus Rating

Murphy Oil has received a consensus rating of Hold. The company's average rating score is 2.36, and is based on 5 buy ratings, 9 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Murphy Oil has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 25.08%

Earnings Growth

Earnings for Murphy Oil are expected to grow by 25.08% in the coming year, from $3.23 to $4.04 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Murphy Oil is 10.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.26.

Price to Earnings Ratio vs. Sector

The P/E ratio of Murphy Oil is 10.74, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.37.

Price to Book Value per Share Ratio

Murphy Oil has a P/B Ratio of 0.90. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

6.64% of the float of Murphy Oil has been sold short.

Short Interest Ratio / Days to Cover

Murphy Oil has a short interest ratio ("days to cover") of 5.2.

Change versus previous month

Short interest in Murphy Oil has recently decreased by 13.45%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

Murphy Oil is a leading dividend payer. It pays a dividend yield of 3.69%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Murphy Oil does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Murphy Oil is 38.71%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Murphy Oil will have a dividend payout ratio of 29.70% next year. This indicates that Murphy Oil will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 1.6 / 5
• Environmental Score: -6.69

Percentage of Shares Shorted

6.64% of the float of Murphy Oil has been sold short.

Short Interest Ratio / Days to Cover

Murphy Oil has a short interest ratio ("days to cover") of 5.2.

Change versus previous month

Short interest in Murphy Oil has recently decreased by 13.45%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 0.78

News Sentiment

Murphy Oil has a news sentiment score of 0.78. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.67 average news sentiment score of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 14 news articles for Murphy Oil this week, compared to 6 articles on an average week.

Search Interest

5 people have searched for MUR on MarketBeat in the last 30 days. This is an increase of 25% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Murphy Oil insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 5.92% of the stock of Murphy Oil is held by insiders.

Percentage Held by Institutions

78.31% of the stock of Murphy Oil is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

MUR Stock Analysis - Frequently Asked Questions

How have MUR shares performed this year?

Murphy Oil's stock was trading at $42.66 at the beginning of 2024. Since then, MUR shares have decreased by 22.0% and is now trading at $33.29.
View the best growth stocks for 2024 here.

How were Murphy Oil's earnings last quarter?

Murphy Oil Co. (NYSE:MUR) released its quarterly earnings results on Thursday, November, 7th. The oil and gas producer reported $0.74 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.76 by $0.02. The company's quarterly revenue was down 21.0% compared to the same quarter last year.

Who are Murphy Oil's major shareholders?

Top institutional investors of Murphy Oil include State Street Corp (4.89%), Geode Capital Management LLC (2.43%), Hotchkis & Wiley Capital Management LLC (1.80%) and Charles Schwab Investment Management Inc. (1.25%). Insiders that own company stock include Robert Madison Murphy, Roger W Jenkins, Eric M Hambly, E Ted Botner, Thomas J Mireles, Lawrence R Dickerson, Maria A Martinez, John B Gardner, Paul D Vaughan, T Jay Collins, Louis W Utsch, Elisabeth W Keller and Kelly L Whitley.
View institutional ownership trends.

How do I buy shares of Murphy Oil?

Shares of MUR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Murphy Oil own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Murphy Oil investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AUO (AUOTY).

Company Calendar

• Ex-Dividend for 9/3 Dividend: 8/19/2024
• Dividend Payable: 9/03/2024
• Last Earnings: 11/07/2024
• Ex-Dividend for 12/2 Dividend: 11/18/2024
• Today: 11/21/2024
• Dividend Payable: 12/02/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 1/23/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Crude petroleum & natural gas
• Sub-Industry: Integrated Oil & Gas
• Current Symbol: NYSE:MUR
• CUSIP: 62671710
• CIK: 717423
• Web: www.murphyoilcorp.com
• Phone: (281) 675-9000
• Fax: 870-864-6373
• Employees: 690
• Year Founded: 1950

Price Target and Rating

• Average Stock Price Target: $40.92
• High Stock Price Target: $50.00
• Low Stock Price Target: $36.00
• Potential Upside/Downside: +24.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.36
• Research Coverage: 14 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $3.10
• Trailing P/E Ratio: 10.64
• Forward P/E Ratio: 10.00
• P/E Growth: N/A
• Net Income: $661.56 million
• Net Margins: 14.78%
• Pretax Margin: 20.57%
• Return on Equity: 9.22%
• Return on Assets: 5.18%

Debt

• Debt-to-Equity Ratio: 0.24
• Current Ratio: 0.71
• Quick Ratio: 0.65

Sales & Book Value

• Annual Sales: $3.19 billion
• Price / Sales: 1.51
• Cash Flow: $10.41 per share
• Price / Cash Flow: 3.17
• Book Value: $35.93 per share
• Price / Book: 0.92

Miscellaneous

• Outstanding Shares: 145,843,000
• Free Float: 137,165,000
• Market Cap: $4.81 billion
• Optionable: Optionable
• Beta: 2.21