Murphy Oil (NYSE:MUR – Get Free Report) is projected to post its Q2 2026 results after the market closes on Wednesday, August 5th. Analysts expect the company to post earnings of $1.56 per share and revenue of $884.8830 million for the quarter. Individuals may visit the the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Thursday, August 6, 2026 at 9:00 AM ET.
Murphy Oil (NYSE:MUR – Get Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The oil and gas producer reported $0.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.03. The company had revenue of $732.35 million during the quarter, compared to analyst estimates of $702.96 million. Murphy Oil had a return on equity of 3.09% and a net margin of 3.02%.The firm’s quarterly revenue was up 9.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.56 EPS. On average, analysts expect Murphy Oil to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Murphy Oil Stock Performance
MUR stock opened at $36.78 on Wednesday. The company has a market capitalization of $5.27 billion, a P/E ratio of 62.34 and a beta of 0.52. The company has a quick ratio of 0.77, a current ratio of 0.83 and a debt-to-equity ratio of 0.30. The company has a 50-day simple moving average of $36.18 and a 200 day simple moving average of $36.04. Murphy Oil has a fifty-two week low of $21.86 and a fifty-two week high of $43.34.
Hedge Funds Weigh In On Murphy Oil
Analyst Ratings Changes
Several equities research analysts recently commented on the company. Scotiabank reissued a “sector perform” rating and set a $44.00 target price on shares of Murphy Oil in a report on Wednesday, May 13th. Weiss Ratings restated a “hold (c)” rating on shares of Murphy Oil in a research report on Wednesday, June 24th. Roth Capital restated a “neutral” rating and set a $36.00 target price on shares of Murphy Oil in a report on Thursday, May 7th. Wall Street Zen lowered Murphy Oil from a “buy” rating to a “hold” rating in a research note on Saturday, June 27th. Finally, Morgan Stanley decreased their price target on Murphy Oil from $37.00 to $35.00 and set an “underweight” rating for the company in a research report on Monday, June 29th. Three research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Murphy Oil currently has an average rating of “Hold” and an average target price of $38.33.
View Our Latest Stock Report on Murphy Oil
Murphy Oil News Roundup
Here are the key news stories impacting Murphy Oil this week:
- Positive Sentiment: Energy-sector rotation favors MUR: Altimetry’s Rob Spivey argues that recent weakness in major technology stocks could reflect a shift in market leadership toward energy. He specifically identifies Murphy Oil as an attractive exploration and production company with roughly balanced oil and natural-gas output across the U.S., Canada and Vietnam. 3 Stocks Standing Out and 2 Losing Momentum as the Tech Rally Cracks
- Positive Sentiment: Potential production catalyst: Spivey expects Murphy Oil’s recent exploration investments in the Gulf of America and offshore Africa to begin contributing more meaningfully, with first oil potentially arriving in the third quarter and becoming more visible in the fourth quarter. He also says exploration success could significantly increase the company’s reserves, creating upside that may not yet be reflected in the valuation. 3 Stocks Standing Out and 2 Losing Momentum as the Tech Rally Cracks
- Positive Sentiment: Zacks raises multiple EPS forecasts: Zacks Research increased its estimates for Murphy Oil’s third and fourth quarters of 2026, several 2027 quarters, and the first two quarters and full year of 2028. The revisions include FY2027 EPS rising to $2.86 from $2.72 and FY2028 EPS increasing to $2.87 from $2.74. These changes signal somewhat stronger expected profitability, though the current full-year consensus remains $3.13 per share.
- Neutral Sentiment: Bond-market listing: Murphy Oil’s 2024-issued notes maturing in 2032 were highlighted, but the provided entry contains no pricing, yield, credit-rating change or refinancing information. It therefore offers little immediate direction for MUR equity investors. Murphy Oil 2032 Notes
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.
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