Roth Capital Brokers Lower Earnings Estimates for Murphy Oil

Murphy Oil Corporation (NYSE:MUR) – Roth Capital cut their FY2026 earnings per share estimates for Murphy Oil in a report issued on Thursday, November 6th. Roth Capital analyst L. Mariani now anticipates that the oil and gas producer will earn $0.20 per share for the year, down from their previous forecast of $0.24. Roth Capital currently has a “Neutral” rating and a $25.00 price objective on the stock. The consensus estimate for Murphy Oil’s current full-year earnings is $2.94 per share.

Murphy Oil (NYSE:MUR) last released its quarterly earnings results on Monday, March 21st. The oil and gas producer reported ($0.09) earnings per share for the quarter. Murphy Oil had a return on equity of 5.25% and a net margin of 10.20%.The firm had revenue of $440.08 million during the quarter.

Several other analysts have also recently weighed in on MUR. UBS Group raised their price objective on shares of Murphy Oil from $24.00 to $27.00 and gave the company a “neutral” rating in a research report on Tuesday, October 14th. Wells Fargo & Company lowered their price target on Murphy Oil from $28.00 to $26.00 and set an “equal weight” rating on the stock in a research report on Friday, October 17th. Evercore ISI cut their price objective on Murphy Oil from $23.00 to $22.00 and set an “in-line” rating for the company in a report on Monday, October 6th. Scotiabank increased their price objective on Murphy Oil from $26.00 to $30.00 and gave the company a “sector perform” rating in a research report on Thursday, October 9th. Finally, Zacks Research lowered Murphy Oil from a “hold” rating to a “strong sell” rating in a research note on Monday, September 15th. One equities research analyst has rated the stock with a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Reduce” and a consensus target price of $28.33.

Murphy Oil Price Performance

MUR traded up $0.47 on Friday, reaching $28.45. The company had a trading volume of 391,215 shares, compared to its average volume of 2,709,726. Murphy Oil has a 52-week low of $18.94 and a 52-week high of $34.52. The company has a market cap of $4.06 billion, a price-to-earnings ratio of 14.74 and a beta of 0.99. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.77 and a current ratio of 0.84. The business has a 50 day simple moving average of $27.64 and a 200 day simple moving average of $24.76.

Institutional Trading of Murphy Oil

Institutional investors have recently modified their holdings of the company. Dimensional Fund Advisors LP increased its holdings in Murphy Oil by 0.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 7,974,008 shares of the oil and gas producer’s stock valued at $226,461,000 after purchasing an additional 35,826 shares during the period. Charles Schwab Investment Management Inc. grew its position in shares of Murphy Oil by 1.6% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 5,700,148 shares of the oil and gas producer’s stock worth $128,253,000 after buying an additional 89,382 shares during the last quarter. Hotchkis & Wiley Capital Management LLC increased its stake in shares of Murphy Oil by 72.9% during the first quarter. Hotchkis & Wiley Capital Management LLC now owns 4,812,267 shares of the oil and gas producer’s stock valued at $136,668,000 after buying an additional 2,029,685 shares during the period. Arrowstreet Capital Limited Partnership raised its holdings in shares of Murphy Oil by 7.0% during the second quarter. Arrowstreet Capital Limited Partnership now owns 4,766,534 shares of the oil and gas producer’s stock valued at $107,247,000 after acquiring an additional 312,904 shares in the last quarter. Finally, LSV Asset Management lifted its stake in Murphy Oil by 3.3% in the second quarter. LSV Asset Management now owns 3,751,712 shares of the oil and gas producer’s stock worth $84,414,000 after acquiring an additional 118,689 shares during the period. 78.31% of the stock is currently owned by hedge funds and other institutional investors.

Murphy Oil Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Monday, November 17th will be issued a dividend of $0.325 per share. This represents a $1.30 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date is Monday, November 17th. Murphy Oil’s dividend payout ratio is currently 67.36%.

About Murphy Oil

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.