MUR icon

Murphy Oil

32.24 USD
-0.81
2.45%
At close Jan 17, 4:00 PM EST
After hours
31.99
-0.25
0.78%
1 day
-2.45%
5 days
-4.28%
1 month
10.11%
3 months
-2.72%
6 months
-23.37%
Year to date
4.13%
1 year
-14.46%
5 years
27.28%
10 years
-31.94%
 

About: Murphy Oil Corp is an oil and gas exploration and production company, with both onshore and offshore operations and properties. It operates in two geographic reportable segments the United States and Canada. It generates the majority of its revenue form the United States.

Employees: 725

0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 6 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

15% more repeat investments, than reductions

Existing positions increased: 162 | Existing positions reduced: 141

0% more funds holding in top 10

Funds holding in top 10: 3 [Q2] → 3 (+0) [Q3]

0.35% less ownership

Funds ownership: 82.51% [Q2] → 82.15% (-0.35%) [Q3]

5% less funds holding

Funds holding: 435 [Q2] → 413 (-22) [Q3]

20% less capital invested

Capital invested by funds: $5.19B [Q2] → $4.18B (-$1.02B) [Q3]

25% less call options, than puts

Call options by funds: $19.7M | Put options by funds: $26.1M

29% less first-time investments, than exits

New positions opened: 46 | Existing positions closed: 65

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$34
5%
upside
Avg. target
$39
20%
upside
High target
$45
40%
upside

6 analyst ratings

positive
50%
neutral
50%
negative
0%
Truist Securities
Neal Dingmann
63% 1-year accuracy
100 / 159 met price target
30%upside
$42
Buy
Maintained
13 Jan 2025
Piper Sandler
Mark Lear
54% 1-year accuracy
98 / 181 met price target
21%upside
$39
Overweight
Maintained
17 Dec 2024
Mizuho
William Janela
52% 1-year accuracy
13 / 25 met price target
40%upside
$45
Outperform
Maintained
16 Dec 2024
UBS
Josh Silverstein
60% 1-year accuracy
28 / 47 met price target
5%upside
$34
Neutral
Maintained
9 Dec 2024
Wells Fargo
Roger Read
40% 1-year accuracy
42 / 104 met price target
9%upside
$35
Equal-Weight
Maintained
9 Dec 2024

Financial journalist opinion

Based on 4 articles about MUR published over the past 30 days

Neutral
Business Wire
1 week ago
Murphy Oil Corporation Announces Oil Discovery at Hai Su Vang-1X in Offshore Vietnam
HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) today announced that its subsidiary has drilled an oil discovery at the Hai Su Vang-1X exploration well in Block 15-2/17 in the Cuu Long Basin, located 40 miles offshore Vietnam. The well was drilled to total depth of 13,124 feet in 149 feet of water. Hai Su Vang-1X encountered approximately 370 feet of net oil pay from two reservoirs. Additional evaluation is ongoing and future appraisal drilling will be conducted. Hai Su Vang is one.
Murphy Oil Corporation Announces Oil Discovery at Hai Su Vang-1X in Offshore Vietnam
Neutral
Business Wire
2 weeks ago
Murphy Oil Corporation to Participate in Upcoming Conference
HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) today announced that Eric M. Hambly, President and Chief Executive Officer, will participate on a panel at the Goldman Sachs Energy, CleanTech & Utilities Conference 2025 on Wednesday, January 8 at 3:00 p.m. Eastern Standard Time (EST). The webcast will be available on the company's website at http://ir.murphyoilcorp.com. ABOUT MURPHY OIL CORPORATION As an independent oil and natural gas exploration and production company, Murphy.
Murphy Oil Corporation to Participate in Upcoming Conference
Positive
Seeking Alpha
2 weeks ago
Murphy Oil Has Strong Return Potential
Murphy Oil Corporation's diversified portfolio spans the Americas, with significant assets in the U.S., Canada, Mexico, and exploration in Vietnam, aiming for mid single-digit production growth. The company is committed to reducing long-term debt to $1 billion by mid-2025, enhancing financial stability and positioning for downturns. Murphy's 3.0 capital allocation strategy focuses on shareholder returns, with 50% of FCF allocated to buybacks and dividends, achieving double-digit returns.
Murphy Oil Has Strong Return Potential
Neutral
Business Wire
3 weeks ago
Murphy Oil Corporation Schedules Fourth 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, January 30, 2025 to discuss fourth quarter 2024 earnings. The company plans to release its financial and operating results before the market opens that morning. A webcast link and related presentation material will be posted to the Investor Relations page of the company's website at http://ir.murphyoilcorp.com. Date: Thursday, Janua.
Murphy Oil Corporation Schedules Fourth Quarter 2024 Earnings Release and Conference Call
Positive
Seeking Alpha
2 months ago
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 undervaluation.
Murphy Oil Corporation: CEO Change Will Now Occur
Neutral
Seeking Alpha
2 months ago
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 Executive Officer Tom Mireles - EVP and CFO Eric Hambly - President and COO Conference Call Participants Neal Dingmann - Truist Securities Carlos Escalante - Wolfe Research, LLC Leo Mariani - ROTH MKM Paul Cheng - Scotia Howard Weil Tim Rezvan - KeyBanc Arun Jayaram - J.P. Morgan Operator Good morning, ladies and gentlemen, and welcome to the Murphy Oil Corporation Third Quarter 2024 Earnings Conference Call and Webcast.
Murphy Oil Corporation (MUR) Q3 2024 Earnings Call Transcript
Negative
Zacks Investment Research
2 months ago
Murphy Oil Q3 Earnings Lag Estimates, Revenues Decline Y/Y
MUR's third-quarter earnings are lower than expected. The lower contribution from Eagle Ford Shale and Gulf of Mexico region has adversely impacted results.
Murphy Oil Q3 Earnings Lag Estimates, Revenues Decline Y/Y
Negative
Zacks Investment Research
2 months ago
Murphy Oil (MUR) Misses Q3 Earnings Estimates
Murphy Oil (MUR) came out with quarterly earnings of $0.74 per share, missing the Zacks Consensus Estimate of $0.76 per share. This compares to earnings of $1.59 per share a year ago.
Murphy Oil (MUR) Misses Q3 Earnings Estimates
Neutral
Business Wire
2 months ago
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 Murphy of $139 million, or $0.93 net income per diluted share. Excluding discontinued operations and other items affecting comparability between periods, adjusted net income attributable to Murphy was $111 million, or $0.74 adjusted net income per diluted share. Unless otherwise noted, the financial.
Murphy Oil Corporation Announces Third Quarter 2024 Financial and Operating Results
Positive
Zacks Investment Research
2 months ago
Murphy Oil to Post Q3 Earnings: What's in Store for the Stock?
MUR's third-quarter earnings are expected to have benefited from strong domestic volumes, while unplanned storm downtime and drop in prices might offset some positives.
Murphy Oil to Post Q3 Earnings: What's in Store for the Stock?
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