Q1 EPS Estimates for Murphy Oil Cut by Capital One Financial

Murphy Oil Co. (NYSE:MUR) – Analysts at Capital One Financial reduced their Q1 2025 EPS estimates for Murphy Oil in a research note issued to investors on Tuesday, February 4th. Capital One Financial analyst B. Velie now anticipates that the oil and gas producer will post earnings of $0.63 per share for the quarter, down from their prior forecast of $0.81. The consensus estimate for Murphy Oil’s current full-year earnings is $3.33 per share.

Several other analysts have also recently weighed in on the stock. Wells Fargo & Company dropped their price target on shares of Murphy Oil from $35.00 to $31.00 and set an “equal weight” rating for the company in a research note on Friday, January 31st. Mizuho dropped their price target on shares of Murphy Oil from $50.00 to $45.00 and set an “outperform” rating for the company in a research note on Monday, December 16th. Scotiabank dropped their price target on shares of Murphy Oil from $47.00 to $36.00 and set a “sector perform” rating for the company in a research note on Thursday, October 10th. Barclays decreased their price objective on shares of Murphy Oil from $37.00 to $34.00 and set an “equal weight” rating on the stock in a report on Monday. Finally, Piper Sandler decreased their price objective on shares of Murphy Oil from $39.00 to $35.00 and set an “overweight” rating on the stock in a report on Wednesday, January 29th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $36.33.

Murphy Oil Stock Up 3.6 %

Shares of NYSE MUR opened at $26.47 on Wednesday. Murphy Oil has a 12-month low of $25.26 and a 12-month high of $49.14. The stock has a market cap of $3.86 billion, a PE ratio of 9.84 and a beta of 2.14. The company has a current ratio of 0.83, a quick ratio of 0.77 and a debt-to-equity ratio of 0.24. The company has a 50-day moving average of $30.45 and a 200 day moving average of $33.56.

Murphy Oil (NYSE:MUR) last announced its quarterly earnings data on Thursday, January 30th. The oil and gas producer reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate 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 in the previous year, the firm posted $0.90 EPS.

Institutional Investors Weigh In On Murphy Oil

Hedge funds and other institutional investors have recently modified their holdings of the company. International Assets Investment Management LLC grew its position in shares of Murphy Oil by 3,191.6% in the 3rd quarter. International Assets Investment Management LLC now owns 1,627,268 shares of the oil and gas producer’s stock valued at $54,904,000 after buying an additional 1,577,831 shares during the last quarter. Vaughan Nelson Investment Management L.P. grew its position in shares of Murphy Oil by 91.6% in the 4th quarter. Vaughan Nelson Investment Management L.P. now owns 1,751,737 shares of the oil and gas producer’s stock valued at $53,008,000 after buying an additional 837,282 shares during the last quarter. Barclays PLC grew its position in shares of Murphy Oil by 399.4% in the 3rd quarter. Barclays PLC now owns 1,012,944 shares of the oil and gas producer’s stock valued at $34,177,000 after buying an additional 810,104 shares during the last quarter. Wedge Capital Management L L P NC grew its position in shares of Murphy Oil by 641.7% in the 3rd quarter. Wedge Capital Management L L P NC now owns 672,717 shares of the oil and gas producer’s stock valued at $22,697,000 after buying an additional 582,020 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its position in shares of Murphy Oil by 26.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,595,260 shares of the oil and gas producer’s stock valued at $53,824,000 after buying an additional 336,372 shares during the last quarter. 78.31% of the stock is currently owned by institutional investors and hedge funds.

Murphy Oil Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be issued a $0.325 dividend. This represents a $1.30 dividend on an annualized basis and a dividend yield of 4.91%. This is a positive change from Murphy Oil’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend is Tuesday, February 18th. Murphy Oil’s dividend payout ratio (DPR) is presently 44.61%.

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.