Scotiabank Weighs in on Murphy Oil FY2026 Earnings

Murphy Oil Co. (NYSE:MUR) – Equities research analysts at Scotiabank issued their FY2026 earnings per share estimates for Murphy Oil in a research report issued on Wednesday, January 8th. Scotiabank analyst P. Cheng expects that the oil and gas producer will post earnings per share of $3.45 for the year. Scotiabank currently has a “Sector Perform” rating and a $36.00 price target on the stock. The consensus estimate for Murphy Oil’s current full-year earnings is $3.15 per share.

A number of other research firms have also commented on MUR. Piper Sandler cut their price target on Murphy Oil from $42.00 to $39.00 and set an “overweight” rating for the company in a report on Tuesday, December 17th. Morgan Stanley cut their price target on Murphy Oil from $43.00 to $39.00 and set an “equal weight” rating for the company in a report on Monday, September 16th. Barclays cut their price target on Murphy Oil from $38.00 to $37.00 and set an “equal weight” rating for the company in a report on Monday, November 11th. Truist Financial cut their price target on Murphy Oil from $55.00 to $42.00 and set a “buy” rating for the company in a report on Monday, September 30th. Finally, Wells Fargo & Company cut their price target on Murphy Oil from $39.00 to $35.00 and set an “equal weight” rating for the company in a report on Monday, December 9th. Ten equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, Murphy Oil currently has an average rating of “Hold” and an average target price of $39.58.

Murphy Oil Price Performance

Murphy Oil stock opened at $32.75 on Friday. Murphy Oil has a one year low of $27.75 and a one year high of $49.14. The business has a fifty day moving average price of $31.26 and a 200-day moving average price of $35.00. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.71 and a quick ratio of 0.65. The firm has a market capitalization of $4.78 billion, a P/E ratio of 10.56 and a beta of 2.17.

Murphy Oil (NYSE:MUR) last announced its quarterly earnings data on Thursday, November 7th. The oil and gas producer reported $0.74 earnings per share for the quarter, missing the consensus estimate of $0.76 by ($0.02). Murphy Oil had a net margin of 14.78% and a return on equity of 9.22%. The firm had revenue of $758.33 million for the quarter, compared to the consensus estimate of $759.74 million. During the same period last year, the company posted $1.59 earnings per share. Murphy Oil’s revenue for the quarter was down 21.0% on a year-over-year basis.

Institutional Investors Weigh In On Murphy Oil

A number of large investors have recently added to or reduced their stakes in the company. Covestor Ltd increased its holdings in shares of Murphy Oil by 266.8% in the third quarter. Covestor Ltd now owns 741 shares of the oil and gas producer’s stock worth $25,000 after buying an additional 539 shares during the period. Reston Wealth Management LLC purchased a new position in shares of Murphy Oil in the third quarter worth about $27,000. Compass Wealth Management LLC purchased a new position in shares of Murphy Oil in the third quarter worth about $42,000. Headlands Technologies LLC increased its holdings in shares of Murphy Oil by 1,434.5% in the second quarter. Headlands Technologies LLC now owns 1,289 shares of the oil and gas producer’s stock worth $53,000 after buying an additional 1,205 shares during the period. Finally, Bruce G. Allen Investments LLC increased its holdings in shares of Murphy Oil by 106.5% in the third quarter. Bruce G. Allen Investments LLC now owns 1,470 shares of the oil and gas producer’s stock worth $50,000 after buying an additional 758 shares during the period. Hedge funds and other institutional investors own 78.31% 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.