KeyCorp Estimates Murphy Oil’s Q3 Earnings (NYSE:MUR)

Murphy Oil Corporation (NYSE:MUR) – Stock analysts at KeyCorp issued their Q3 2027 earnings per share (EPS) estimates for shares of Murphy Oil in a research note issued to investors on Tuesday, October 14th. KeyCorp analyst T. Rezvan expects that the oil and gas producer will post earnings per share of $0.65 for the quarter. The consensus estimate for Murphy Oil’s current full-year earnings is $2.94 per share. KeyCorp also issued estimates for Murphy Oil’s FY2027 earnings at $3.20 EPS.

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

MUR has been the topic of several other reports. Weiss Ratings restated a “hold (c-)” rating on shares of Murphy Oil in a research report on Wednesday, October 8th. Evercore ISI reduced their price target on Murphy Oil from $23.00 to $22.00 and set an “in-line” rating on the stock in a research report on Monday, October 6th. Zacks Research lowered Murphy Oil from a “hold” rating to a “strong sell” rating in a research report on Monday, September 15th. Morgan Stanley reduced their price target on Murphy Oil from $28.00 to $27.00 and set an “underweight” rating on the stock in a research report on Tuesday. Finally, Scotiabank raised their price target on Murphy Oil from $26.00 to $30.00 and gave the stock a “sector perform” rating in a research report on Thursday, October 9th. One investment analyst has rated the stock with a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus price target of $28.08.

Murphy Oil Stock Up 2.4%

Shares of MUR opened at $27.88 on Thursday. The firm has a market capitalization of $3.98 billion, a price-to-earnings ratio of 14.45 and a beta of 1.03. 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’s fifty day moving average price is $26.35 and its two-hundred day moving average price is $24.16. Murphy Oil has a 52 week low of $18.94 and a 52 week high of $34.52.

Murphy Oil Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Shareholders of record on Monday, November 17th will be paid a $0.325 dividend. The ex-dividend date of this dividend is Monday, November 17th. This represents a $1.30 annualized dividend and a dividend yield of 4.7%. Murphy Oil’s dividend payout ratio (DPR) is currently 67.36%.

Institutional Trading of Murphy Oil

Hedge funds and other institutional investors have recently modified their holdings of the company. Brooklyn Investment Group raised its stake in shares of Murphy Oil by 3,989.7% in the 1st quarter. Brooklyn Investment Group now owns 1,186 shares of the oil and gas producer’s stock valued at $34,000 after purchasing an additional 1,157 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in shares of Murphy Oil by 1,710.9% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,666 shares of the oil and gas producer’s stock valued at $47,000 after purchasing an additional 1,574 shares during the period. Allworth Financial LP raised its stake in shares of Murphy Oil by 246.6% in the 1st quarter. Allworth Financial LP now owns 1,747 shares of the oil and gas producer’s stock valued at $50,000 after purchasing an additional 1,243 shares during the period. UMB Bank n.a. raised its stake in shares of Murphy Oil by 148.1% in the 2nd quarter. UMB Bank n.a. now owns 2,273 shares of the oil and gas producer’s stock valued at $51,000 after purchasing an additional 1,357 shares during the period. Finally, Hantz Financial Services Inc. raised its stake in shares of Murphy Oil by 494.0% in the 2nd quarter. Hantz Financial Services Inc. now owns 2,786 shares of the oil and gas producer’s stock valued at $63,000 after purchasing an additional 2,317 shares during the period. Institutional investors and hedge funds own 78.31% of the company’s stock.

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.