Murphy Oil Corporation (MUR)
| Market Cap | 7.02B |
| Revenue (ttm) | 3.46B |
| Net Income (ttm) | 661.56M |
| Shares Out | 152.58M |
| EPS (ttm) | 4.22 |
| PE Ratio | 10.90 |
| Forward PE | 10.21 |
| Dividend | $1.20 (2.61%) |
| Ex-Dividend Date | May 17, 2024 |
| Volume | 1,307,299 |
| Open | 45.24 |
| Previous Close | 45.19 |
| Day's Range | 45.14 - 46.14 |
| 52-Week Range | 32.80 - 49.14 |
| Beta | 2.24 |
| Analysts | Buy |
| Price Target | 50.50 (+9.81%) |
| Earnings Date | May 2, 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 $3.46 billion, a decrease of -12.02% compared to the previous year's $3.93 billion. Earnings were $661.56 million, a decrease of -31.45%.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for MUR stock is "Buy." The 12-month stock price forecast is $50.5, which is an increase of 9.81% from the latest price.
News
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 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 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 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...
Murphy Oil Corporation Schedules Fourth Quarter 2023 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, January 25, 2024 to discuss fourth ...
Murphy Oil Corporation Announces Early Results and Increase of 2027 Maximum Subcap 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 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 $250,000,000 aggregate...
Murphy Oil Corporation Announces Third Quarter 2023 Financial and Operating Results, Advances Capital Allocation Framework, Increases Share Repurchase Authorization, Raises Full Year 2023 Production Guidance
HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the third quarter ended September 30, 2023, including net income attributable to Mu...
Murphy Oil Corporation Schedules Third Quarter 2023 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, November 2, 2023 to discuss third q...
Murphy Oil Corporation Announces Close of Non-Core Canadian Asset Sale, Advances Capital Allocation Framework With Redemption of 5.750% Senior Notes Due 2025
HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) today announced that its subsidiary closed the previously announced divestment of certain non-core operated Kaybob Duvernay assets and all ...
Murphy Oil Corporation to Participate in Upcoming Conference
HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) today announced that Roger W. Jenkins, President and Chief Executive Officer, will present at the Barclays CEO Energy-Power Conference on W...
Murphy Oil Corporation Announces Second Quarter 2023 Financial and Operating Results, Strategic Portfolio Repositioning
HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the second quarter ended June 30, 2023, including net income attributable to Murphy...
Murphy Oil Corporation Releases Fifth Annual Sustainability Report
HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) announced today that it released the 2023 Sustainability Report, which covers the company's environmental, social and governance (ESG) perf...
Murphy Oil Corporation Schedules Second Quarter 2023 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 3, 2023 to discuss second qu...
Murphy Oil Corporation Announces First Quarter 2023 Financial and Operating Results, Reaffirms 2023 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, 2023, including net income attributable to Murphy...
Murphy Oil Corporation Schedules First Quarter 2023 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 Wednesday, May 3, 2023 to discuss first quart...
Wall Street's Most Accurate Analysts Say Buy These 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 raises dividend to boost yield above 2.5%, profit comes up shy of expectations
Murphy Oil Corp. MUR said Thursday it has raised its quarterly dividend by 10%, to 27.5 cents a share from 25.0 cents a share. The new dividend will be payable March 1 to shareholders of record on Feb...
Murphy Oil Corporation Announces Fourth Quarter and Full Year 2022 Results, Preliminary Year-End 2022 Reserves, 2023 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, 2022, including net income attributable to ...
Murphy Oil Corporation Increases Quarterly Dividend 10 Percent
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 $0.275 per share, or ...
Murphy Oil Corporation Schedules Fourth Quarter 2022 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, January 26, 2023 to discuss fourt...
5 Stock Picks For Last Week From Benzinga's Most Accurate Analysts - Marsh & McLennan (NYSE:MMC), Laredo Petroleum (NYSE:LPI)
Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements.
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 Mu...
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 “Not...
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 N...