Capital One Financial Predicts Murphy Oil Q1 Earnings

Murphy Oil Co. (NYSE:MUR) – Analysts at Capital One Financial decreased their Q1 2025 earnings per share (EPS) estimates for Murphy Oil in a research note issued on Tuesday, February 4th. Capital One Financial analyst B. Velie now forecasts that the oil and gas producer will earn $0.63 per share for the quarter, down from their prior estimate of $0.81. The consensus estimate for Murphy Oil’s current full-year earnings is $3.33 per share.

MUR has been the topic of a number of other research reports. Piper Sandler lowered their target price on Murphy Oil from $39.00 to $35.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 29th. Barclays dropped their price objective on shares of Murphy Oil from $37.00 to $34.00 and set an “equal weight” rating on the stock in a research note on Monday. KeyCorp cut their target price on shares of Murphy Oil from $50.00 to $37.00 and set an “overweight” rating for the company in a report on Monday. Scotiabank lowered their price target on shares of Murphy Oil from $47.00 to $36.00 and set a “sector perform” rating on the stock in a report on Thursday, October 10th. Finally, UBS Group cut their price objective on shares of Murphy Oil from $34.00 to $32.00 and set a “neutral” rating for the company in a report on Monday. One analyst has rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $36.33.

Murphy Oil Price Performance

NYSE:MUR opened at $26.71 on Wednesday. The firm’s fifty day moving average is $30.34 and its two-hundred day moving average is $33.51. The firm has a market cap of $3.89 billion, a price-to-earnings ratio of 9.93 and a beta of 2.14. Murphy Oil has a one year low of $25.26 and a one year high of $49.14. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.77 and a current ratio of 0.83.

Murphy Oil (NYSE:MUR) last posted its quarterly earnings data on Thursday, January 30th. The oil and gas producer reported $0.35 EPS for the quarter, missing the consensus estimate of $0.62 by ($0.27). Murphy Oil had a return on equity of 7.66% and a net margin of 13.44%. During the same quarter last year, the company earned $0.90 EPS.

Hedge Funds Weigh In On Murphy Oil

Hedge funds and other institutional investors have recently made changes to their positions in the company. Geode Capital Management LLC lifted its holdings in Murphy Oil by 1.3% in the 3rd quarter. Geode Capital Management LLC now owns 3,548,711 shares of the oil and gas producer’s stock valued at $119,755,000 after purchasing an additional 45,432 shares in the last quarter. Hotchkis & Wiley Capital Management LLC increased its holdings in shares of Murphy Oil by 2.3% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 2,627,701 shares of the oil and gas producer’s stock valued at $88,659,000 after purchasing an additional 58,220 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in shares of Murphy Oil by 0.7% during the 4th quarter. Bank of New York Mellon Corp now owns 1,857,702 shares of the oil and gas producer’s stock worth $56,214,000 after acquiring an additional 13,263 shares during the period. Vaughan Nelson Investment Management L.P. boosted its holdings in Murphy Oil by 91.6% in the 4th quarter. Vaughan Nelson Investment Management L.P. now owns 1,751,737 shares of the oil and gas producer’s stock valued at $53,008,000 after purchasing an additional 837,282 shares during the last quarter. Finally, International Assets Investment Management LLC lifted its holdings in Murphy Oil by 3,191.6% in the third quarter. International Assets Investment Management LLC now owns 1,627,268 shares of the oil and gas producer’s stock valued at $54,904,000 after acquiring an additional 1,577,831 shares during the last quarter. Hedge funds and other institutional investors own 78.31% of the company’s stock.

Murphy Oil Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be paid a dividend of $0.325 per share. This is a positive change from Murphy Oil’s previous quarterly dividend of $0.30. This represents a $1.30 annualized dividend and a yield of 4.87%. The ex-dividend date is Tuesday, February 18th. Murphy Oil’s payout ratio is 48.33%.

About Murphy Oil

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.