571,928 Shares in Murphy Oil Corporation $MUR Purchased by Tocqueville Asset Management L.P.
Tocqueville Asset Management L.P. acquired a new stake of 571,928 shares in Murphy Oil Corporation (NYSE:MUR) during the second quarter, valued at approximately $18.6 million, giving them a 0.40% ownership. Despite this significant purchase, analyst sentiment remains cautious with a consensus "Hold" rating and a target price of $37.58. Murphy Oil recently reported quarterly revenue exceeding expectations, though adjusted earnings per share slightly missed estimates, and announced a quarterly dividend of $0.35.
220,460 Shares in Murphy Oil Corporation $MUR Purchased by Oppenheimer Asset Management Inc.
Oppenheimer Asset Management Inc. acquired a new stake of 220,460 shares in Murphy Oil Corporation (NYSE:MUR) during the second quarter, valued at approximately $7.18 million. Institutional investors now own 78.31% of the company. Despite recent downgrades from analysts, Murphy Oil reported a 33.5% year-over-year increase in quarterly revenue and declared a $0.35 per share dividend.
American Century group (NYSE: MUR) discloses 7.3M-share Murphy Oil stake on 13G
American Century Investment Management, Inc., American Century Companies, Inc., and the Stowers Institute for Medical Research have jointly reported a beneficial ownership of 7,316,708 shares of Murphy Oil Corporation common stock as of June 30, 2026. This represents a 5.1% stake in the company. The filing indicates that while the entities hold sole voting power over 6,987,414 shares, the economic benefits of these shares accrue to various advisory clients of American Century Investment Management, Inc., with no single client owning more than 5%.
KeyBanc cuts Murphy Oil stock price target on higher capex outlook
KeyBanc has lowered its price target for Murphy Oil Corp. (NYSE:MUR) from $48 to $43, while maintaining an Overweight rating, due to higher capital expenditure expectations and reduced free cash flow outlook. This adjustment follows mixed exploration results, including an unsuccessful well in Vietnam and substantial costs for a successful well in Côte d’Ivoire. Despite challenges, Murphy Oil has consistently paid dividends for 56 years and showed strong stock performance over the past year.
Murphy Oil reports Q2 2026 adjusted net income of $225.8 million, nearly six times year-ago result
Murphy Oil Corp reported a significant increase in Q2 2026 adjusted net income, reaching $225.8 million, nearly six times the previous year's result, primarily due to higher crude prices despite a decline in oil and gas production volumes. The company also raised its 2026 capital expenditure guidance to $1.55 billion to pursue high-impact opportunities, while maintaining its full-year production outlook. Strong cash generation and liquidity position Murphy Oil for continued investment and shareholder returns.
Murphy Oil Corporation (NYSE:MUR) Given Average Recommendation of "Hold" by Brokerages
Murphy Oil Corporation (NYSE:MUR) has received an average "Hold" recommendation from brokerages, with an average 12-month price target of $37.67, slightly above its recent share price of $35.67. Institutional investors hold a significant 78.31% stake in the company, with several firms increasing their positions. The company's recent quarterly earnings missed estimates, but revenue exceeded expectations, and it declared an attractive $0.35 quarterly dividend.
Murphy Oil drills Lac Da Trang prospect offshore Vietnam
Murphy Oil has spud the Lac Da Trang North-1X exploration well offshore Vietnam, targeting 40 MMbbl to 80 MMbbl of recoverable resources. This prospect could be developed as a tieback to the company's Lac Da Vang project, which is on track for first oil later this year, potentially lowering development costs. Murphy is also maturing other discoveries in the area, including Hai Su Vang, despite mixed appraisal results, with a target FID in late 2027.
Murphy Oil Sees Sharp Profit Increase
Murphy Oil reported a significant increase in net income for Q2 2026, reaching $225.8 million adjusted for nonrecurring items, nearly six times the profit from the same period last year. This surge was primarily driven by soaring oil prices, which counteracted lower production volumes and weaker gas prices. The company also announced an increased capital expenditure guidance to $1.55 billion to pursue high-impact appraisal and development opportunities.
Murphy Oil adds $300 million to 2026 capex plans
Murphy Oil Corp. has increased its 2026 capital spending budget by $300 million, bringing the new range to $1.5-1.6 billion. This additional investment will primarily support the development of a recent oil discovery in Côte d'Ivoire, fund an appraisal well there, and boost Eagle Ford operations to generate cash for offshore growth. The company also earmarked funds for a new development well in the US Gulf of Mexico.
UBS cuts Murphy Oil stock price target on exploration challenges
UBS has lowered its price target for Murphy Oil Corp. (NYSE:MUR) to $38 from $41, maintaining a Neutral rating, due to challenges with its exploration focus despite the stock's significant gains over the past year. Analyst Josh Silverstein cited a reduced resource estimate for HSV, increased Chinook capital expenditures, and uncertainty surrounding future drilling at Bubale impacting the fiscal year 2027 outlook. This comes despite Murphy Oil reporting stronger-than-expected earnings and revenue for Q2 2026.
Murphy Oil Corp (MUR) (Q2 2026) Earnings Call Highlights: Strategic Investments in Bubal and ...
Murphy Oil Corp's Q2 2026 earnings call highlighted strategic investments and operational updates. The company announced the significant Bubal discovery in Cote d'Ivoire and increased its 2026 capital expenditure to $1.55 billion, primarily for organic growth in Bubal and Eagle Ford. Despite a dry hole in Vietnam's Hai Su Vong, the company maintains a positive outlook for the field and expects to generate positive free cash flow for the full year.
Murphy Oil advances Côte d'Ivoire appraisal campaign, sanctions Banjo and Cello
Murphy Oil is currently undertaking a significant multi-well appraisal program offshore Côte d’Ivoire for its Bubale discovery, with up to five wells planned to define its scale. Concurrently, the company has sanctioned the Banjo and Cello developments in the US Gulf of Mexico, targeting first oil by late 2027 through tie-backs to existing infrastructure. This strategy aims to accelerate production growth and lower development costs while also enhancing production from its Gulf portfolio.
Earnings call transcript: Murphy Oil beats Q2 2026 estimates but shares fall
Murphy Oil Corp. reported stronger-than-expected Q2 2026 earnings and revenue, but its shares fell due to concerns over increased capital spending and a dry exploration well in Vietnam. Despite the setbacks, the company highlighted its Bubale discovery in Côte d’Ivoire as a major success and expects positive free cash flow for the full year 2026. Management emphasized a disciplined approach to capital allocation, focusing on high-value organic growth opportunities while maintaining a strong balance sheet.
MUR Stock Price and Chart — NYSE:MUR
This article provides a comprehensive overview of Murphy Oil Corporation (MUR) stock, including its current price, market performance, key financial metrics, latest earnings report, and analyst ratings. It also features various trading ideas and frequently asked questions about the company's stock, financials, and dividends. The stock has seen a 35.32% increase over the last year, with UBS recently cutting its price target to $38 from $41.
Earnings call transcript: Murphy Oil beats Q2 2026 estimates but shares fall
Murphy Oil Corp. reported stronger-than-expected Q2 2026 earnings and revenue, but its shares dropped due to concerns over higher capital spending and a dry exploration well in Vietnam. The company increased its 2026 capital spending plan to $1.55 billion, partly driven by a significant new discovery in Côte d’Ivoire, which management believes will strengthen its long-term outlook. Despite the immediate market reaction, the company maintains a strong balance sheet and positive free cash flow projections for the full year.
Murphy Oil Corporation Announces Quarterly Dividend of $0.35 (NYSE:MUR)
Murphy Oil Corporation (NYSE:MUR) has declared a quarterly dividend of $0.35 per share, payable on September 1st to shareholders of record on August 17th. This dividend represents an annualized payment of $1.40 per share, resulting in a 3.9% yield. The company has a strong dividend coverage with a payout ratio of 52.4% and has increased its dividend for five consecutive years.
MURPHY OIL CORP 2026: Revenue $926.33M, EPS $1.59— 10-Q Summary
Murphy Oil Corp (MUR) reported strong financial results for the quarter, with revenue reaching $926.33 million and diluted EPS of $1.59. These year-over-year gains were primarily driven by higher realized crude prices and increased production volumes from Eagle Ford, despite some downtime in the Gulf of America. The company has also raised its full-year 2026 capital expenditure guidance to $1.5–$1.6 billion to fund ongoing appraisal and drilling activities.
Murphy Oil (NYSE:MUR) Beats Revenue but Shares Slip on Expanded Capital Program
Murphy Oil (NYSE:MUR) reported second-quarter results that exceeded revenue expectations and met adjusted earnings forecasts. Despite the strong revenue performance, shares slipped in after-hours trading due to investor focus on the company's expanded capital program for 2026, which is expected to fund appraisal and development but could pressure near-term free cash flow. The company raised its full-year capital expenditure guidance to $1.50 billion to $1.60 billion and maintained production guidance.
Murphy Oil Q2 2026 Earnings: Higher Prices Drive a Profit Rebound
Murphy Oil reported a significant profit rebound in Q2 2026, with revenue up 36% and diluted EPS increasing to $1.59, primarily due to stronger commodity prices and operational outperformance. The company achieved production at the upper end of its guidance and saw a substantial increase in net income and operating cash flow. Looking ahead, Murphy Oil has expanded its full-year capital program to advance new exploration and development opportunities, including key projects in Vietnam and the Gulf of America, while also facing risks from commodity price sensitivity and exploration volatility.
Quarterly Stockholder Update by Murphy Oil Corporation
Murphy Oil Corporation's Q2 2026 update highlights significant exploration success with the Bubale-1X discovery in Côte d'Ivoire, encountering 100 feet of net oil pay. The company is accelerating capital expenditure to $1.55 billion for 2026, primarily to appraise Bubale, develop the Eagle Ford Shale, and finalize the Chinook #8 drilling. Despite mixed results in Vietnam's Hai Su Vang appraisal, Murphy maintains strong financial performance with $110 million in free cash flow and a robust balance sheet, emphasizing disciplined capital allocation for long-term shareholder value.
Murphy Oil’s Côte d’Ivoire well finds 100 feet of net pay
Murphy Oil Corporation announced its second-quarter 2026 financial and operating results, reporting a net income of $232 million, significantly up from $22 million in Q2 2025 due to stronger commodity prices. Key highlights include an oil discovery at the Bubale-1X exploration well in Côte d’Ivoire, which encountered 100 feet of net pay, and progress on development projects in Vietnam. The company also expanded its full-year capital program to advance high-impact appraisal and development opportunities.
Murphy Oil declares quarterly dividend of $0.35 a share
Murphy Oil Corporation has announced a quarterly cash dividend of $0.35 per share, totaling an annualized dividend of $1.40 per share. The dividend is payable on September 1, 2026, to shareholders of record as of August 17, 2026. This news brief was generated by Public Technologies using AI, based on original content from Murphy Oil Corporation published via Business Wire.
Murphy Oil Corporation Announces Quarterly Dividend
Murphy Oil Corporation's Board of Directors has declared a quarterly cash dividend of $0.35 per share, or $1.40 annually, payable on September 1, 2026, to stockholders of record as of August 17, 2026. The company is an independent oil and natural gas producer with operations across various onshore and offshore basins and ongoing exploration activities aimed at creating shareholder value.
Murphy Oil Sets Sept. 1 Payment Date for $0.35 Dividend
Murphy Oil Corporation's Board of Directors declared a quarterly cash dividend of $0.35 per share, totaling $1.40 annually. This dividend is payable on September 1, 2026, to stockholders of record as of August 17, 2026. Murphy Oil is an independent oil and natural gas company with diverse onshore and offshore operations and exploration opportunities.
Murphy Oil Corp expected to post earnings of $1.53 a share - Earnings Preview
Murphy Oil Corp is projected to report earnings of $1.53 per share. This earnings preview is based on information from Refinitiv and is available through TradingView News.
Edgestream Partners L.P. Sells 86,028 Shares of Murphy Oil Corporation $MUR
Edgestream Partners L.P. significantly reduced its stake in Murphy Oil Corporation (NYSE:MUR) by 57.1% in the first quarter, selling 86,028 shares and retaining 64,519 shares valued at $2.66 million. Despite this, other institutional investors have either bought new positions or increased their holdings in the company. Murphy Oil currently holds a consensus "Hold" rating from analysts
Murphy Oil Corporation $MUR is Flax Pond Capital LLC's 2nd Largest Position
Flax Pond Capital LLC reduced its stake in Murphy Oil Corporation by 16% in the first quarter, yet Murphy Oil remains its second-largest holding, constituting 6.2% of its portfolio. Murphy Oil reported strong quarterly earnings of $0.32 per share and revenue of $732.35 million, surpassing analyst estimates. Despite positive earnings, analyst sentiment for MUR stock is cautious, with a consensus "Hold" rating and an average price target of $38.33.
Murphy Oil Number of Employees 2026 | Employee Count & Headcount Data
Murphy Oil Corp. (MUR) had approximately 832 total employees worldwide as of March 2026, marking a 5.7% growth from 787 employees in 2023. The company is actively hiring, with 1,703 active job postings in 2026, a 61.4% increase from 2025. The workforce is primarily concentrated in the United States, and the average employee salary is $64,810 globally.
Murphy Oil Corp (MUR) Financial Health: Profitability & Balance Sheet Analysis
This article provides a financial analysis of Murphy Oil Corp (MUR), highlighting its current financial health score of 7.90, which ranks it favorably within the Oil & Gas industry. The company exhibits robust financial status and high operating efficiency, with recent quarterly revenue showing an 8.86% year-over-year increase and net profit rising by 27.45%. While detailed figures for several financial metrics are not yet disclosed, the report indicates strong performance in profitability and operational aspects.
Sei Investments Co. Acquires 49,937 Shares of Murphy Oil Corporation $MUR
Sei Investments Co. increased its stake in Murphy Oil Corporation (NYSE:MUR) by 8.7% during the first quarter, acquiring an additional 49,937 shares and owning a total of 623,439 shares valued at $25.7 million. Other institutional investors also adjusted their holdings in Murphy Oil. The company's stock shows a market capitalization of $5.27 billion and a P/E ratio of 62.34, with analysts generally rating it as "Hold" with a consensus price target of $38.33.
First Trust Advisors LP Grows Stock Position in Murphy Oil Corporation $MUR
First Trust Advisors LP significantly increased its stake in Murphy Oil Corporation (NYSE:MUR) by 24.8% during Q1, now owning 942,927 shares valued at $38.9 million. Several other hedge funds also adjusted their positions in Murphy Oil, with institutional investors collectively holding 78.31% of the stock. Analysts currently have an average "Hold" rating on MUR with an average price target of $38.33.
Murphy Oil Corp (MUR) Valuation: PE, PB & Fair Value Analysis
Murphy Oil Corp (MUR) currently has a valuation score of 7.97, placing it 67th out of 96 companies in the Oil & Gas industry. The company's P/E ratio stands at 63.30, which is below its recent high but significantly above its recent low. Other key valuation metrics like P/B, P/S, and P/CF have not been disclosed by the company.
Murphy Oil Corp (MUR) Shareholder Structure: Major Shareholders & Institutional Holdings
This article details the shareholder structure of Murphy Oil Corp (MUR), identifying its major institutional holders. Key shareholders include BlackRock, Dimensional Fund Advisors, and Vanguard, which collectively own significant portions of the company. The report also provides institutional shareholding trends over several quarters and lists related ETFs that include MUR.
Entropy Technologies LP Invests $1.82 Million in Murphy Oil Corporation $MUR
Entropy Technologies LP has acquired a new stake of 44,043 shares in Murphy Oil Corporation, valued at approximately $1.82 million. Despite the company exceeding quarterly earnings and revenue expectations, analyst sentiment remains cautious with a consensus "Hold" rating and a $38.33 price target, alongside recent downgrades and mixed revisions to earnings estimates. Institutional investors collectively own a significant 78.31% of Murphy Oil's stock.
Murphy Oil Corp (MUR) Dividends & Stock Splits: Historical Payouts and Event Timeline
This article provides a historical overview of dividend payouts for Murphy Oil Corp (MUR), detailing past and upcoming cash dividends. It lists dividend amounts, record dates, payment dates, and ex-dividend dates from January 2024 through June 2026. The company has distributed a total of $556.36 million in dividends over the past five years.
Murphy Oil Corp (MUR) Revenue Breakdown: Business Segments, Regional Revenue & Profit Contribution
This article provides a revenue breakdown for Murphy Oil Corp (MUR), detailing its revenue by region. As of the last update on April 6, the company generated $2.16 billion from the United States/North America, $531.90 million from Canada, and $15.70 million from other regions. Information regarding revenue by business segment and future fiscal year data (FY2025) has not yet been disclosed by the company.
Arrowstreet Capital Limited Partnership Raises Position in Murphy Oil Corporation $MUR
Arrowstreet Capital Limited Partnership significantly increased its stake in Murphy Oil Corporation by over 105% in the first quarter, bringing its total holdings to 3.31 million shares valued at approximately $136.6 million. Despite Murphy Oil's recent earnings beating expectations, the company maintains a consensus "Hold" rating from analysts with some price target reductions. The article also details other institutional investor activity and key financial metrics for Murphy Oil.
TradingKey
This article provides a detailed quarterly and annual income statement for Murphy Oil Corp (MUR) through fiscal year 2026 Q1, listing various financial metrics such as total revenue, cost of revenue, operating expenses, and net income. It also includes key financial figures for the latest quarter and FAQ answers regarding how to interpret the income statement and crucial metrics for analyzing MUR stock.
Murphy Oil Corporation $MUR Shares Acquired by California Public Employees Retirement System
California Public Employees Retirement System increased its stake in Murphy Oil Corporation (NYSE:MUR) by 10.1% in the first quarter, now owning 291,576 shares valued at $12.03 million. Other institutional investors also adjusted their positions, with hedge funds and institutional investors collectively owning 78.31% of the company's stock. Analysts currently have a "Hold" rating on Murphy Oil with a consensus target price of $38.33, and the company recently surpassed Q1 earnings estimates.
MUR|Murphy Oil Corp|Price:38.950|Chg%:-0.430
Murphy Oil Corp (MUR) is priced at $38.950, reflecting a -0.43% change. The company exhibits healthy fundamentals and high growth potential, with its valuation considered fairly valued within the Oil & Gas industry. Analysts currently rate the stock as "Hold" with a target price of $43.23.
MUR|Murphy Oil Corp|Price:38.950|Chg%:-0.430
This article provides a comprehensive stock analysis of Murphy Oil Corp (MUR) by TradingKey, assigning it a score of 6.96/10. It highlights the company's healthy fundamentals, high growth potential, and fair valuation within the Oil & Gas industry. Despite strong market performance, the analysis indicates a potential downward trend for the stock in the medium term, suggesting it's suitable for range-bound swing trading.
CI Investments Inc. Acquires 50,216 Shares of Murphy Oil Corporation $MUR
CI Investments Inc. significantly increased its stake in Murphy Oil Corporation by acquiring an additional 50,216 shares, bringing its total holdings to 81,513 shares valued at approximately $3.36 million. This move follows Murphy Oil's recent quarterly earnings, which surpassed analyst expectations with an EPS of $0.32 and revenue of $732.35 million. Despite positive earnings, Wall Street maintains a cautious "Hold" rating on the stock, with an average price target of $38.33.
UBS cuts Murphy Oil stock price target to $41 on exploration focus
UBS has lowered its price target for Murphy Oil Corp. (NYSE: MUR) to $41 from $44, while maintaining a Neutral rating on the shares due to the company's focus on exploration. The firm anticipates Murphy Oil's second-quarter 2026 adjusted EBITDAX to be $609 million, slightly below Street expectations. Key areas of focus for the company include its exploration programs in Vietnam and Cote d’Ivoire, with recent oil discoveries offshore Côte d’Ivoire and ongoing appraisal tests in Vietnam potentially leading to higher resource estimates.
Dimensional Fund Advisors LP Raises Holdings in Murphy Oil Corporation $MUR
Dimensional Fund Advisors LP increased its stake in Murphy Oil Corporation by 3.0% in the first quarter, adding 238,326 shares and bringing its total holding to over 8.17 million shares valued at $337.1 million. Murphy Oil reported better-than-expected Q1 results, with EPS of $0.32 and revenue of $732.35 million, surpassing analyst estimates. Despite strong earnings, analyst sentiment has become more cautious, with recent downgrades leading to an overall "Hold" rating and a consensus price target of $38.33.
UBS cuts Murphy Oil stock price target to $41 on exploration focus
UBS has lowered its price target for Murphy Oil Corp. (NYSE:MUR) to $41 from $44, while maintaining a Neutral rating, citing the company's exploration focus in Vietnam and Cote d'Ivoire. The firm anticipates higher resource estimates from appraisal tests in Vietnam and expects more details on Murphy Oil's appraisal program in Cote d'Ivoire. These exploration efforts, alongside recent discoveries and other analyst upgrades, highlight the company's strategic movements toward volume and resource growth.
MUR.GA Bond Profile — Key Metrics
This article provides a bond profile for Murphy Oil Corporation's 7.05% bond, maturing on May 1, 2029 (MUR.GA). It details key metrics such as issue date, maturity date, outstanding amount, and coupon rate. The profile also includes a brief overview of Murphy Oil Corp. as an oil and natural gas exploration and production company.
Bessemer Group Inc. Has $28.88 Million Holdings in Murphy Oil Corporation $MUR
Bessemer Group Inc. increased its stake in Murphy Oil Corporation by 4.1% during the first quarter, now holding 700,132 shares valued at approximately $28.88 million. Despite beating recent earnings expectations, analyst sentiment for Murphy Oil is mixed to cautious, with a "Hold" consensus rating and a target price of $38.58, accompanied by some recent downgrades. Zacks Research has also revised down EPS estimates for future periods, indicating a potentially softer earnings outlook.
Murphy Oil Corporation (NYSE:MUR) Given Average Recommendation of "Hold" by Analysts
Murphy Oil Corporation (NYSE:MUR) has an average analyst rating of "Hold" from 16 firms, with a 12-month price target of $38.58. The company recently exceeded second-quarter earnings expectations but has seen some cautious analyst sentiment including downgrades and lowered EPS estimates for future periods. Despite this, institutional ownership remains high at 78.31%.
Q3 Earnings Estimate for Murphy Oil Issued By Zacks Research
Zacks Research has lowered its Q3 2026 EPS estimate for Murphy Oil (NYSE:MUR) to $0.87 from $1.03, and also reduced several other future earnings forecasts through 2028. Despite this, Murphy Oil's latest quarterly results surpassed expectations. The stock currently holds a consensus "Hold" rating from analysts with an average target price of $38.58.
Mizuho reiterates Neutral rating on Murphy Oil stock at $44
Mizuho maintained its Neutral rating and a $44.00 price target for Murphy Oil Corp. (NYSE: MUR), noting the stock is currently undervalued according to InvestingPro analysis, with potential for solid operational performance. The firm expects higher oil and barrel of oil equivalent volumes and anticipates an increase in the 2026 budget due to recent exploration success offshore Côte d’Ivoire. Investors are also awaiting updates on exploration in Vietnam and significant production start-ups in the latter half of 2026.
