Q1 Earnings Estimate for Murphy Oil Issued By KeyCorp

Murphy Oil Co. (NYSE:MUR - Free Report) - Equities research analysts at KeyCorp issued their Q1 2025 EPS estimates for Murphy Oil in a research note issued on Sunday, April 20th. KeyCorp analyst T. Rezvan anticipates that the oil and gas producer will post earnings of $0.57 per share for the quarter. KeyCorp has a "Sector Weight" rating on the stock. The consensus estimate for Murphy Oil's current full-year earnings is $2.94 per share. KeyCorp also issued estimates for Murphy Oil's Q2 2025 earnings at $0.62 EPS, Q3 2025 earnings at $0.71 EPS, Q4 2025 earnings at $0.74 EPS, FY2025 earnings at $2.64 EPS, Q1 2026 earnings at $0.91 EPS, Q2 2026 earnings at $0.79 EPS, Q3 2026 earnings at $0.73 EPS, Q4 2026 earnings at $0.87 EPS and FY2026 earnings at $3.31 EPS.

Murphy Oil (NYSE:MUR - Get Free Report) last issued its quarterly earnings results on Thursday, January 30th. The oil and gas producer reported $0.35 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 period in the previous year, the business posted $0.90 earnings per share.

A number of other brokerages have also issued reports on MUR. Morgan Stanley set a $27.00 price objective on shares of Murphy Oil and gave the company an "underweight" rating in a report on Tuesday, April 15th. Wells Fargo & Company reiterated an "equal weight" rating on shares of Murphy Oil in a report on Monday, February 3rd. Scotiabank dropped their price objective on shares of Murphy Oil from $36.00 to $22.00 and set a "sector perform" rating for the company in a report on Friday, April 11th. Barclays reduced their target price on Murphy Oil from $34.00 to $32.00 and set an "equal weight" rating on the stock in a report on Tuesday, March 18th. Finally, Roth Capital set a $37.00 target price on Murphy Oil in a research report on Thursday, January 23rd. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $32.85.

Murphy Oil Stock Performance

NYSE:MUR opened at $21.42 on Wednesday. The stock has a 50-day moving average price of $25.11 and a 200 day moving average price of $29.12. The stock has a market capitalization of $3.06 billion, a P/E ratio of 7.96 and a beta of 1.68. Murphy Oil has a 12-month low of $18.95 and a 12-month high of $46.91. The company has a current ratio of 0.83, a quick ratio of 0.77 and a debt-to-equity ratio of 0.24.

Hedge Funds Weigh In On Murphy Oil

Hedge funds have recently bought and sold shares of the business. Huntington National Bank grew its holdings in shares of Murphy Oil by 342.8% in the fourth quarter. Huntington National Bank now owns 828 shares of the oil and gas producer's stock worth $25,000 after purchasing an additional 641 shares during the last quarter. Riverview Trust Co bought a new position in Murphy Oil in the 1st quarter worth about $26,000. GeoWealth Management LLC purchased a new position in shares of Murphy Oil during the fourth quarter worth approximately $39,000. Lindbrook Capital LLC raised its stake in shares of Murphy Oil by 60.5% during the fourth quarter. Lindbrook Capital LLC now owns 1,441 shares of the oil and gas producer's stock valued at $44,000 after acquiring an additional 543 shares in the last quarter. Finally, Byrne Asset Management LLC purchased a new stake in shares of Murphy Oil in the first quarter valued at approximately $44,000. Institutional investors own 78.31% of the company's stock.

Insider Buying and Selling

In other Murphy Oil news, VP Meenambigai Palanivelu bought 1,573 shares of the business's stock in a transaction dated Wednesday, February 5th. The shares were purchased at an average price of $26.70 per share, with a total value of $41,999.10. Following the completion of the purchase, the vice president now owns 37,065 shares in the company, valued at $989,635.50. This represents a 4.43 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Claiborne P. Deming purchased 50,000 shares of Murphy Oil stock in a transaction dated Tuesday, February 4th. The stock was acquired at an average price of $26.47 per share, for a total transaction of $1,323,500.00. Following the completion of the acquisition, the director now owns 931,651 shares of the company's stock, valued at approximately $24,660,801.97. This trade represents a 5.67 % increase in their position. The disclosure for this purchase can be found here. 6.52% of the stock is owned by corporate insiders.

Murphy Oil Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Friday, May 16th will be given a dividend of $0.325 per share. This represents a $1.30 annualized dividend and a dividend yield of 6.07%. The ex-dividend date is Friday, May 16th. Murphy Oil's dividend payout ratio is currently 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.