Murphy Oil (MUR) Expected to Announce Earnings on Wednesday

Murphy Oil (NYSE:MUR) is projected to post its Q1 2025 quarterly earnings results after the market closes on Wednesday, May 7th. Analysts expect Murphy Oil to post earnings of $0.45 per share and revenue of $684.89 million for the quarter.

Murphy Oil (NYSE:MUR) last posted its quarterly earnings results on Thursday, January 30th. The oil and gas producer reported $0.35 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 last year, the business earned $0.90 earnings per share. On average, analysts expect Murphy Oil to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Murphy Oil Trading Up 0.0 %

NYSE MUR opened at $21.22 on Wednesday. The firm has a market capitalization of $3.03 billion, a PE ratio of 7.89 and a beta of 1.68. The company has a 50-day simple moving average of $24.38 and a 200-day simple moving average of $28.62. Murphy Oil has a one year low of $18.95 and a one year high of $46.52. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.77 and a current ratio of 0.83.

Murphy Oil Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Friday, May 16th will be given a $0.325 dividend. The ex-dividend date of this dividend is Friday, May 16th. This represents a $1.30 annualized dividend and a yield of 6.13%. Murphy Oil’s dividend payout ratio is presently 48.33%.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on MUR. Truist Financial downgraded shares of Murphy Oil from a “buy” rating to a “hold” rating and cut their price objective for the company from $42.00 to $31.00 in a research report on Friday, January 31st. Scotiabank cut their price objective on shares of Murphy Oil from $36.00 to $22.00 and set a “sector perform” rating on the stock in a research report on Friday, April 11th. KeyCorp reiterated a “sector weight” rating on shares of Murphy Oil in a research report on Monday, April 21st. Morgan Stanley set a $27.00 price target on shares of Murphy Oil and gave the stock an “underweight” rating in a research note on Tuesday, April 15th. Finally, Wells Fargo & Company reiterated an “equal weight” rating on shares of Murphy Oil in a report on Monday, February 3rd. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $32.23.

Insider Transactions at Murphy Oil

In related news, VP Meenambigai Palanivelu acquired 1,573 shares of Murphy Oil stock in a transaction dated Wednesday, February 5th. The stock was acquired at an average cost of $26.70 per share, with a total value of $41,999.10. Following the purchase, 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 position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Claiborne P. Deming acquired 50,000 shares of Murphy Oil stock in a transaction dated Tuesday, February 4th. The shares were bought at an average cost of $26.47 per share, with a total value of $1,323,500.00. Following the completion of the purchase, the director now owns 931,651 shares in the company, valued at approximately $24,660,801.97. This represents a 5.67 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 6.52% 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.