Murphy Oil Corporation (MUR)

NYSE: MUR · Real-Time Price · USD
32.98
+0.78 (2.42%)
Nov 18, 2024, 4:00 PM EST - Market closed
2.42%
Market Cap 4.81B
Revenue (ttm) 3.19B
Net Income (ttm) 473.12M
Shares Out 145.84M
EPS (ttm) 3.09
PE Ratio 10.62
Forward PE 9.62
Dividend $1.20 (3.64%)
Ex-Dividend Date Nov 18, 2024
Volume 1,541,743
Open 32.69
Previous Close 32.20
Day's Range 32.44 - 33.29
52-Week Range 30.99 - 49.14
Beta 2.20
Analysts Hold
Price Target 40.92 (+24.08%)
Earnings Date Nov 7, 2024

About MUR

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. The company was incorporated in 1950 and is headquartered in Houston, Texas. [Read more]

Sector Energy
Founded 1950
Employees 725
Stock Exchange NYSE
Ticker Symbol MUR
Full Company Profile

Financial Performance

In 2023, Murphy Oil's revenue was $3.45 billion, a decrease of -18.28% compared to the previous year's $4.22 billion. Earnings were $661.56 million, a decrease of -31.45%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for MUR stock is "Hold." The 12-month stock price forecast is $40.92, which is an increase of 24.08% from the latest price.

Price Target
$40.92
(24.08% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Murphy Oil Corporation: CEO Change Will Now Occur

Roger Jenkins steps down as CEO, with Eric Hambly taking over. Murphy Oil aims for organic growth while maintaining exposure to potential elephants. The company is buying back stock due to undervaluat...

3 days ago - Seeking Alpha

Murphy Oil Corporation (MUR) Q3 2024 Earnings Call Transcript

Murphy Oil Corporation (NYSE:MUR) Q3 2024 Results Conference Call November 7, 2024 9:00 AM ET Company Participants Kelly Whitley - VP, Investor Relations and Communications Roger Jenkins - Chief Exec...

11 days ago - Seeking Alpha

Murphy Oil Corporation Announces Third Quarter 2024 Financial and Operating Results

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the third quarter ended September 30, 2024, including net income attributable to Mu...

11 days ago - Business Wire

Murphy Oil Corporation Announces Early Results of Cash Tender Offers for Outstanding Debt Securities

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) (“Murphy” or the “Company”) announced today the early tender results of its previously announced series of tender offers (the “Tender Offer...

6 weeks ago - Business Wire

Murphy Oil Corporation Announces the Election of New Director

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) announced today the election of Robert B. Tudor, III, to the Company's Board of Directors, effective October 2, 2024. Mr. Tudor is the foun...

6 weeks ago - Business Wire

Murphy Oil Corporation Names Eric M. Hambly as President and Chief Executive Officer

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) today announced today that its Board of Directors has appointed Eric M. Hambly, Murphy's current President and Chief Operating Officer, to ...

6 weeks ago - Business Wire

Murphy Oil Corporation Announces Quarterly Dividend

HOUSTON--(BUSINESS WIRE)--The Board of Directors of Murphy Oil Corporation (NYSE: MUR) today declared a quarterly cash dividend on the Common Stock of Murphy Oil Corporation of $0.30 per share, or $1....

6 weeks ago - Business Wire

Murphy Oil Corporation Schedules Third Quarter 2024 Earnings Release and Conference Call

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) will host a conference call and webcast beginning at 9:00 a.m. Eastern Standard Time (EST) on Thursday, November 7, 2024 to discuss third q...

7 weeks ago - Business Wire

Murphy Oil Corporation Announces Pricing of $600 Million of 6.000% Senior Notes Due 2032

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (the “Company”) (NYSE: MUR) announced today that it has priced an offering of $600 million of 6.000% Senior Notes due 2032 pursuant to an effective she...

2 months ago - Business Wire

Murphy Oil Corporation Announces Cash Tender Offers for Outstanding Debt Securities

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) (“Murphy” or the “Company”) announced today the commencement of a series of tender offers to purchase for cash up to $600,000,000 aggregate...

2 months ago - Business Wire

Murphy Oil Corporation Announces Offering of $600 Million of Senior Notes Due 2032

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (the “Company”) (NYSE: MUR) announced today that, subject to market conditions, it intends to offer $600 million of Senior Notes due 2032 pursuant to a...

2 months ago - Business Wire

Murphy Oil Corporation to Participate in Upcoming Conference

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) today announced that Roger W. Jenkins, Chief Executive Officer, will present at the Barclays 38th Annual CEO Energy-Power Conference on Wed...

2 months ago - Business Wire

Murphy Oil: A Contrarian Idea

The market was spooked by a lower-than-expected production guidance. But long-term growth projects are underway. Murphy Oil is a small offshore player that handles risk well. Offshore production in Vi...

3 months ago - Seeking Alpha

Wall Street's Most Accurate Analysts Spotlight On 3 Energy Stocks Delivering High-Dividend Yields

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Other symbols: PSX
3 months ago - Benzinga

Murphy Oil Corporation (MUR) Q2 2024 Earnings Call Transcript

Murphy Oil Corporation (NYSE:MUR) Q2 2024 Earnings Conference Call August 8, 2024 9:00 AM ET Company Participants Kelly Whitley - VP, Investor Relations and Communications Roger Jenkins - Chief Execu...

3 months ago - Seeking Alpha

Murphy Oil Corporation Announces Second Quarter 2024 Financial and Operational Results, Revises Capital Allocation Framework to Accelerate Shareholder Returns, Increases Share Repurchase Authorization

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the second quarter ended June 30, 2024, including net income attributable to Murphy...

3 months ago - Business Wire

Murphy Oil Corporation Releases 2024 Sustainability Report

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) announced today that it released the 2024 Sustainability Report, which covers the company's environmental, social and governance (ESG) perf...

3 months ago - Business Wire

Murphy Oil Corporation Schedules Second Quarter 2024 Earnings Release and Conference Call

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) will host a conference call and webcast beginning at 9:00 a.m. Eastern Daylight Time (EDT) on Thursday, August 8, 2024 to discuss second qu...

5 months ago - Business Wire

Murphy Oil Corporation (MUR) Q1 2024 Earnings Call Transcript

Murphy Oil Corporation (NYSE:MUR) Q1 2024 Earnings Conference Call May 2, 2024 9:00 AM ET Company Participants Kelly Whitley - Vice President, Investor Relations and Communications Roger Jenkins - Ch...

7 months ago - Seeking Alpha

Murphy Oil Corporation Announces First Quarter 2024 Financial and Operational Results, Reaffirms 2024 Production and Capital Expenditure Guidance Ranges

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the first quarter ended March 31, 2024, including net income attributable to Murphy...

7 months ago - Business Wire

Murphy Oil Corporation Schedules First Quarter 2024 Earnings Release and Conference Call

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) will host a conference call and webcast beginning at 9:00 a.m. Eastern Daylight Time (EDT) on Thursday, May 2, 2024 to discuss first quarte...

8 months ago - Business Wire

Murphy Oil: Strategic Benefits Of Portfolio Shuffling

Murphy Oil announces a 10% dividend increase for the second year in a row. The company's portfolio allows them to search for profitable projects while repaying debt, growing production, and increasing...

9 months ago - Seeking Alpha

Murphy Oil Corporation Promotes Eric M. Hambly to Position of President and Chief Operating Officer and E.

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) today announced the following promotions, effective February 1, 2024. The Board of Directors has appointed Eric M. Hambly to the role of Pr...

10 months ago - Business Wire

Murphy Oil Corporation. (MUR) Q4 2023 Earnings Call Transcript

Murphy Oil Corporation. (MUR) Q4 2023 Earnings Call Transcript

10 months ago - Seeking Alpha

Murphy Oil Corporation Announces Fourth Quarter and Full Year 2023 Results, Preliminary Year-End 2023 Reserves, 2024 Capital Expenditure and Production Guidance

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the fourth quarter ended December 31, 2023, including net income attributable to Mu...

10 months ago - Business Wire