Murphy Oil (MUR) Expected to Release Quarterly Earnings on Wednesday

Murphy Oil (NYSE:MUR) will likely be posting its Q3 2026 results after the market closes on Wednesday, November 4th. Analysts expect Murphy Oil to post earnings of $0.9070 per share and revenue of $781.53 million for the quarter. Parties can find conference call details on the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Thursday, November 5, 2026 at 9:00 AM ET.

Murphy Oil (NYSE:MUR) last released its earnings results on Wednesday, August 5th. The oil and gas producer reported $1.55 EPS for the quarter, missing the consensus estimate of $1.57 by ($0.02). The business had revenue of $926.33 million for the quarter, compared to the consensus estimate of $888.51 million. Murphy Oil had a net margin of 9.74% and a return on equity of 6.63%. Murphy Oil’s revenue for the quarter was up 33.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.27 EPS. On average, analysts expect Murphy Oil to post $3.68 EPS for the current fiscal year and $3.83 EPS for the next fiscal year.

Murphy Oil Price Performance

Shares of NYSE:MUR opened at $43.91 on Monday. The stock has a market cap of $6.30 billion, a PE ratio of 21.74 and a beta of 0.52. The company’s fifty day moving average is $38.68 and its 200 day moving average is $36.79. Murphy Oil has a 52 week low of $26.49 and a 52 week high of $45.03. The company has a quick ratio of 0.80, a current ratio of 0.85 and a debt-to-equity ratio of 0.29.

Murphy Oil Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Monday, November 16th will be given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 3.2%. The ex-dividend date is Monday, November 16th. Murphy Oil’s dividend payout ratio is presently 69.31%.

Analyst Upgrades and Downgrades

MUR has been the topic of a number of recent research reports. Barclays cut Murphy Oil from an “equal weight” rating to an “underweight” rating and reduced their price objective for the company from $38.00 to $34.00 in a research note on Friday, August 14th. Seaport Research Partners initiated coverage on Murphy Oil in a research note on Thursday, September 3rd. They issued a “neutral” rating for the company. Jefferies Financial Group set a $35.00 target price on Murphy Oil and gave the company a “hold” rating in a report on Saturday, October 17th. Weiss Ratings upgraded Murphy Oil from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, October 6th. Finally, KeyCorp raised their price target on Murphy Oil from $43.00 to $47.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 15th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $39.75.

Key Headlines Impacting Murphy Oil

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

• Positive Sentiment: Zacks Research upgraded Murphy Oil (MUR) to Strong Buy, citing growing optimism about the company’s earnings outlook. The stock was also added to Zacks’ Strong Buy value and income stock lists. Murphy Oil Upgraded to Strong Buy: What Does It Mean for the Stock?
• Positive Sentiment: Zacks raised multiple EPS forecasts, including estimates for Q3 2026 to $0.41 from $0.40, Q4 2026 to $0.77 from $0.75, FY2026 to $3.05 from $3.02, FY2027 to $2.68 from $2.59 and FY2028 to $2.97 from $2.87. Estimates for several 2027 and 2028 quarters were also increased, signaling stronger expected profitability over the medium term. Murphy Oil analyst estimates
• Neutral Sentiment: The revisions are based on analyst estimates rather than a new company earnings release. Investors should continue to monitor oil and gas prices, production levels and Murphy Oil’s upcoming results, as these factors can materially affect earnings.

About Murphy Oil

Murphy Oil Corporation (NYSE:MUR) is an independent oil and natural gas exploration and production company. Its activities include identifying, acquiring, developing and producing crude oil, natural gas and natural gas liquids, with a focus on high-quality assets in North America.

The company’s operations are primarily located in the United States, including onshore assets in the Eagle Ford Shale of South Texas and offshore properties in the Gulf of Mexico. Murphy Oil has also historically maintained exploration and production interests in Canada and other international regions, although its current portfolio is concentrated in the United States.

Founded in 1950, Murphy Oil has evolved from a diversified energy company into a focused exploration and production business.