Q1 Earnings Estimate for Murphy Oil Issued By Zacks Research

Murphy Oil Corporation (NYSE:MUR) – Investment analysts at Zacks Research dropped their Q1 2026 earnings estimates for shares of Murphy Oil in a report released on Wednesday, February 11th. Zacks Research analyst Team now anticipates that the oil and gas producer will earn ($0.22) per share for the quarter, down from their prior forecast of $0.45. Zacks Research has a “Strong Sell” rating on the stock. The consensus estimate for Murphy Oil’s current full-year earnings is $2.94 per share. Zacks Research also issued estimates for Murphy Oil’s Q2 2026 earnings at ($0.13) EPS, Q3 2026 earnings at $0.18 EPS, Q4 2026 earnings at $0.18 EPS, FY2026 earnings at $0.00 EPS, Q1 2027 earnings at $0.11 EPS, Q2 2027 earnings at $0.10 EPS, Q3 2027 earnings at $0.40 EPS, FY2027 earnings at $0.92 EPS and FY2028 earnings at $1.11 EPS.

Murphy Oil (NYSE:MUR) last announced its quarterly earnings results on Wednesday, January 28th. The oil and gas producer reported $0.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.21. The business had revenue of $613.08 million for the quarter, compared to analyst estimates of $650.90 million. Murphy Oil had a net margin of 3.83% and a return on equity of 3.75%. The company’s revenue was down 6.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.35 EPS.

A number of other research analysts have also commented on MUR. Wall Street Zen raised Murphy Oil from a “sell” rating to a “hold” rating in a research report on Saturday, January 31st. Barclays decreased their target price on Murphy Oil from $31.00 to $29.00 and set an “underweight” rating for the company in a report on Friday, January 30th. Scotiabank reaffirmed a “sector perform” rating and issued a $31.00 price target on shares of Murphy Oil in a research note on Friday, January 16th. The Goldman Sachs Group lifted their price target on shares of Murphy Oil from $26.00 to $29.00 and gave the company a “neutral” rating in a report on Wednesday. Finally, UBS Group restated a “neutral” rating and issued a $30.00 price objective on shares of Murphy Oil in a report on Monday, February 2nd. Thirteen analysts have rated the stock with a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Reduce” and an average price target of $29.42.

Murphy Oil Stock Performance

Murphy Oil stock opened at $32.93 on Friday. The company has a current ratio of 0.77, a quick ratio of 0.87 and a debt-to-equity ratio of 0.27. The firm has a market cap of $4.70 billion, a P/E ratio of 45.73 and a beta of 0.78. Murphy Oil has a 1-year low of $18.94 and a 1-year high of $35.19. The firm has a 50-day moving average of $31.93 and a 200-day moving average of $28.91.

Murphy Oil Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Tuesday, February 17th will be paid a dividend of $0.35 per share. The ex-dividend date of this dividend is Tuesday, February 17th. This is an increase from Murphy Oil’s previous quarterly dividend of $0.33. This represents a $1.40 annualized dividend and a yield of 4.3%. Murphy Oil’s payout ratio is presently 180.56%.

Hedge Funds Weigh In On Murphy Oil

Large investors have recently made changes to their positions in the business. Allianz Asset Management GmbH lifted its position in Murphy Oil by 255.3% during the third quarter. Allianz Asset Management GmbH now owns 508,012 shares of the oil and gas producer’s stock valued at $14,433,000 after purchasing an additional 365,011 shares during the period. Vaughan Nelson Investment Management L.P. raised its stake in Murphy Oil by 60.0% during the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 2,119,622 shares of the oil and gas producer’s stock valued at $60,218,000 after buying an additional 794,510 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Murphy Oil by 7.0% during the 2nd 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 buying an additional 312,904 shares during the period. Concurrent Investment Advisors LLC lifted its holdings in shares of Murphy Oil by 512.1% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 69,948 shares of the oil and gas producer’s stock valued at $1,987,000 after buying an additional 58,521 shares during the period. Finally, SummerHaven Investment Management LLC purchased a new position in shares of Murphy Oil in the 3rd quarter worth $920,000. 78.31% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Murphy Oil

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

• Neutral Sentiment: Street consensus full‑year EPS remains at $2.94, indicating the broader analyst community still expects stronger annual results than the cuts from Zacks.
• Neutral Sentiment: Zacks issued FY2028 EPS of $1.11 (their long‑range view), which may reflect a recovery scenario but is materially below prior Zacks forecasts.
• Negative Sentiment: Zacks Research cut estimates across multiple quarters and years and now has a “Strong Sell” on MUR — examples include FY2026 cut from $1.63 to $0.00 and FY2027 cut from $2.09 to $0.92; notable quarterly downgrades include Q1 2026 (from $0.45 to -$0.22), Q2 2026 (from $0.35 to -$0.13), and several 2026–2027 quarters that were roughly halved. These downward revisions signal near‑term earnings risk and weaker operational or commodity assumptions by Zacks.
• Negative Sentiment: BMO Capital Markets lowered its price target to $35, citing a softer 2026 production outlook — a direct note on operational volumes that could pressure revenue and cash flow. BMO Capital Cuts Murphy Oil (MUR) Price Target to $35, Cites Softer 2026 Production Outlook

Murphy Oil Company Profile

Murphy Oil Corporation is an independent upstream oil and gas company engaged in the exploration, development and production of crude oil, natural gas and natural gas liquids. The company’s operations encompass conventional onshore and offshore reservoirs, with an emphasis on liquids-rich properties and deepwater assets. Through a combination of proprietary technologies and strategic joint ventures, Murphy Oil seeks to optimize recovery rates and manage its portfolio to balance long-term resource development with operational flexibility.

Murphy Oil’s exploration and production activities are geographically diversified.