Murphy Oil Co. (NYSE:MUR – Free Report) – Capital One Financial dropped their Q2 2025 earnings per share (EPS) estimates for Murphy Oil in a note issued to investors on Wednesday, April 16th. Capital One Financial analyst B. Velie now forecasts that the oil and gas producer will post earnings of $0.75 per share for the quarter, down from their prior forecast of $0.83. The consensus estimate for Murphy Oil’s current full-year earnings is $2.94 per share. Capital One Financial also issued estimates for Murphy Oil’s FY2025 earnings at $3.30 EPS.
A number of other research analysts have also recently commented on MUR. Truist Financial cut Murphy Oil from a “buy” rating to a “hold” rating and dropped their price target for the company from $42.00 to $31.00 in a research note on Friday, January 31st. Barclays cut their price target on Murphy Oil from $34.00 to $32.00 and set an “equal weight” rating on the stock in a research note on Tuesday, March 18th. Piper Sandler lowered their price objective on Murphy Oil from $35.00 to $34.00 and set an “overweight” rating for the company in a research note on Thursday, March 6th. JPMorgan Chase & Co. dropped their price objective on shares of Murphy Oil from $33.00 to $28.00 and set a “neutral” rating for the company in a report on Thursday, March 13th. Finally, UBS Group reduced their target price on shares of Murphy Oil from $28.00 to $23.00 and set a “neutral” rating on the stock in a report on Monday, April 7th. One analyst has rated the stock with a sell rating, ten have given a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $32.77.
Murphy Oil Stock Performance
Shares of Murphy Oil stock opened at $21.32 on Thursday. The company’s 50 day moving average price is $25.38 and its two-hundred day moving average price is $29.36. The firm has a market capitalization of $3.04 billion, a P/E ratio of 7.93 and a beta of 1.68. Murphy Oil has a fifty-two week low of $18.95 and a fifty-two week high of $46.91. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.83 and a quick ratio of 0.77.
Murphy Oil (NYSE:MUR – Get Free Report) last posted its quarterly earnings results on Thursday, January 30th. The oil and gas producer reported $0.35 earnings per share for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.27). Murphy Oil had a net margin of 13.44% and a return on equity of 7.66%. During the same quarter last year, the company earned $0.90 earnings per share.
Murphy Oil Announces Dividend
The business also recently disclosed 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. The ex-dividend date is Friday, May 16th. This represents a $1.30 dividend on an annualized basis and a dividend yield of 6.10%. Murphy Oil’s dividend payout ratio (DPR) is presently 48.33%.
Insider Buying and Selling at Murphy Oil
In other Murphy Oil news, Director Claiborne P. Deming acquired 50,000 shares of Murphy Oil stock in a transaction dated Tuesday, February 4th. The stock was purchased at an average cost of $26.47 per share, for a total transaction of $1,323,500.00. Following the completion of the acquisition, the director now directly owns 931,651 shares of the company’s stock, valued at $24,660,801.97. This represents a 5.67 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Meenambigai Palanivelu bought 1,573 shares of the stock in a transaction that occurred on Wednesday, February 5th. The stock was acquired at an average price of $26.70 per share, for a total transaction of $41,999.10. Following the acquisition, the vice president now directly owns 37,065 shares in the company, valued at $989,635.50. The trade was a 4.43 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 6.52% of the company’s stock.
Hedge Funds Weigh In On Murphy Oil
Hedge funds have recently added to or reduced their stakes in the stock. Foundry Partners LLC lifted its holdings in shares of Murphy Oil by 17.9% in the fourth quarter. Foundry Partners LLC now owns 227,680 shares of the oil and gas producer’s stock valued at $6,890,000 after purchasing an additional 34,620 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in Murphy Oil by 0.7% during the fourth quarter. Bank of New York Mellon Corp now owns 1,857,702 shares of the oil and gas producer’s stock worth $56,214,000 after buying an additional 13,263 shares in the last quarter. Sanctuary Advisors LLC bought a new position in Murphy Oil during the 4th quarter valued at $618,000. Proficio Capital Partners LLC purchased a new position in Murphy Oil during the 4th quarter worth $678,000. Finally, Twin Tree Management LP bought a new stake in shares of Murphy Oil in the 4th quarter worth $1,230,000. Institutional investors and hedge funds own 78.31% of the company’s stock.
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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