Murphy Oil Corporation (MUR)

NYSE: MUR · IEX Real-Time Price · USD
45.68
-0.32 (-0.70%)
At close: Dec 2, 2022 4:00 PM
46.49
+0.81 (1.77%)
Pre-market: Dec 5, 2022 6:02 AM EST
-0.7%
Market Cap 7.15B
Revenue (ttm) 3.70B
Net Income (ttm) 934.05M
Shares Out 155.45M
EPS (ttm) 5.97
PE Ratio 7.65
Forward PE 6.01
Dividend $0.83 (1.81%)
Ex-Dividend Date Nov 10, 2022
Volume 890,400
Open 45.8
Previous Close 46
Day's Range 45.63 - 46.62
52-Week Range 23.5 - 51.29
Beta 2.47
Analysts Buy
Price Target 54.67 (+19.7%)
Earnings Date Nov 3, 2022

About MUR

Murphy Oil Corporation, together with its subsidiaries, operates as an oil and natural 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]

Industry Oil, Gas & Consumable Fuels
CEO Roger Jenkins
Employees 696
Stock Exchange NYSE
Ticker Symbol MUR
Full Company Profile

Financial Performance

In 2021, Murphy Oil's revenue was $2.30 billion, an increase of 16.87% compared to the previous year's $1.97 billion. Losses were -$73.66 million, -93.59% less than in 2020.

Financial Statements

Analyst Forecast

According to 20 analysts, the average rating for MUR stock is "Buy." The 12-month stock price forecast is 54.67, which is an increase of 19.68% from the latest price.

Price Target
$54.67
(19.68% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Murphy Oil (MUR) Q3 Earnings and Revenues Beat Estimates

Murphy Oil's (MUR) third-quarter earnings and revenues were better than expected and the company benefited from strong production volumes.

1 month ago - Zacks Investment Research

Murphy Oil (MUR) Q3 Earnings and Revenues Surpass Estimates

Murphy Oil (MUR) delivered earnings and revenue surprises of 17.95% and 40.08%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Murphy Oil Corporation Announces Third Quarter 2022 Results, Production Above Upper End of Guidance Range

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the third quarter ended September 30, 2022, including net income attributable to Murp...

1 month ago - Business Wire

Murphy Oil (MUR) to Report Q3 Earnings: What's in the Offing?

Murphy Oil's (MUR) Q3 earnings are expected to have benefitted from accretive acquisition and strong production volumes from its assets in Eagle Ford, Tupper Montney and the Gulf of Mexico regions.

1 month ago - Zacks Investment Research

Murphy Oil Corporation Announces Partial Redemption of 5.750% Notes Due 2025

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (the “Company”) (NYSE:MUR) announced today that it will redeem $200 million in aggregate principal amount of its 5.750% Senior Notes due 2025 (the “Notes...

1 month ago - Business Wire

Murphy Oil (MUR) Reports Next Week: Wall Street Expects Earnings Growth

Murphy Oil (MUR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Can Murphy Oil (MUR) Keep the Earnings Surprise Streak Alive?

Murphy Oil (MUR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

1 month ago - Zacks Investment Research

Investor demand for energy stocks will soon increase ‘dramatically,' analyst says

Investors appear ready to starting buying energy stocks again as earnings start rolling in. They are looking to boost their weightings in the sector given healthy free-cash flows (FCF), said analyst Nea...

1 month ago - Market Watch

Murphy Oil Corporation Announces 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 $0.25 per share, or $1.00...

1 month ago - Business Wire

Murphy Oil Corporation Schedules Third Quarter 2022 Earnings Release and Conference Call

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) will host a conference call and webcast beginning at 10:00 a.m. Eastern Daylight Time (EDT) on Thursday, November 3, 2022 to discuss third qu...

2 months ago - Business Wire

Why Murphy Oil (MUR) is a Top Growth Stock for the Long-Term

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

2 months ago - Zacks Investment Research

Is Murphy Oil (MUR) Stock Outpacing Its Oils-Energy Peers This Year?

Here is how Murphy Oil (MUR) and Nabors Industries (NBR) have performed compared to their sector so far this year.

2 months ago - Zacks Investment Research

Are Investors Undervaluing Murphy Oil (MUR) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

2 months ago - Zacks Investment Research

Reasons to Add Murphy Oil (MUR) Stock to Your Portfolio Now

Murphy Oil (MUR) is a strong case for investment, given the positive estimates movement, efficient debt management, cost-saving initiatives and planned investments to strengthen its existing assets.

2 months ago - Zacks Investment Research

Murphy Oil (MUR) is a Great Momentum Stock: Should You Buy?

Does Murphy Oil (MUR) have what it takes to be a top stock pick for momentum investors? Let's find out.

2 months ago - Zacks Investment Research

Does Murphy Oil (MUR) Have the Potential to Rally 26% as Wall Street Analysts Expect?

The mean of analysts' price targets for Murphy Oil (MUR) points to a 25.9% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts...

2 months ago - Zacks Investment Research

Is Murphy Oil (MUR) Outperforming Other Oils-Energy Stocks This Year?

Here is how Murphy Oil (MUR) and Nabors Industries (NBR) have performed compared to their sector so far this year.

2 months ago - Zacks Investment Research

Earnings Estimates Moving Higher for Murphy Oil (MUR): Time to Buy?

Murphy Oil (MUR) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

2 months ago - Zacks Investment Research

Is Murphy Oil (MUR) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

2 months ago - Zacks Investment Research

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 Offers”...

3 months ago - Business Wire

Murphy Oil (MUR) Q2 Earnings Beat Estimates, Sales Rise Y/Y

Murphy Oil's (MUR) second-quarter earnings are better than expected. The company raises its 2022 production guidance.

4 months ago - Zacks Investment Research

Murphy Oil (MUR) Q2 Earnings and Revenues Surpass Estimates

Murphy Oil (MUR) delivered earnings and revenue surprises of 35.92% and 35.56%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Murphy Oil Corporation Announces Second Quarter 2022 Results

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the second quarter ended June 30, 2022, including net income attributable to Murphy o...

4 months ago - Business Wire

Murphy Oil Corporation Releases 2022 Sustainability Report

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) announced today that it released the 2022 Sustainability Report, which covers the company's environmental, social and governance (ESG) perfor...

4 months ago - Business Wire

Murphy Oil raises dividend by 43%, to boost the yield to over 3%

Murphy Oil Corp. MUR, -3.65% announced Wednesday a 42.9% bump up in its quarterly dividend, to 25.0 cents a share from 17.5 cents a share. The oil and natural gas exploration and production company's ne...

4 months ago - Market Watch