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