Murphy Oil
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 7,139 funds
0
Analysts bullish %
of 8 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
48% more call options, than puts
Call options by funds: $23.1M | Put options by funds: $15.6M
12% more repeat investments, than reductions
Existing positions increased: 148 | Existing positions reduced: 132
0.42% more ownership
Funds ownership: 82.16% [Q3] → 82.57% (+0.42%) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q3] → 3 (+0) [Q4]
3% less first-time investments, than exits
New positions opened: 67 | Existing positions closed: 69
3% less funds holding
Funds holding: 414 [Q3] → 400 (-14) [Q4]
13% less capital invested
Capital invested by funds: $4.18B [Q3] → $3.65B (-$523M) [Q4]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$31
14%
upside
Avg. target
$35
29%
upside
High target
$45
65%
upside
8 analyst ratings
3 positive
38%
4 neutral
50%
1 negative
13%
Barclays Betty Jiang 53% 1-year accuracy 16 / 30 met price target | 25%upside $34 | Equal-Weight Maintained | 3 Feb 2025 |
UBS Josh Silverstein 49% 1-year accuracy 25 / 51 met price target | 17%upside $32 | Neutral Maintained | 3 Feb 2025 |
Keybanc Tim Rezvan 42% 1-year accuracy 16 / 38 met price target | 35%upside $37 | Overweight Maintained | 3 Feb 2025 |
Wells Fargo Roger Read 39% 1-year accuracy 43 / 109 met price target | 14%upside $31 | Equal-Weight Maintained | 31 Jan 2025 |
Truist Securities Neal Dingmann 41% 1-year accuracy 63 / 153 met price target | 14%upside $31 | Hold Downgraded | 31 Jan 2025 |
Financial journalist opinion
Based on 9 articles about MUR published over the past 30 days
Negative
Benzinga
2 weeks ago
These Analysts Lower Their Forecasts On Murphy Oil After Downbeat Earnings
Murphy Oil Corporation MUR reported downbeat fiscal-year fourth-quarter earnings on Thursday.
Positive
Seeking Alpha
3 weeks ago
Murphy Oil: The Chances Of Finding An Elephant Are Still Realistic
The company holds game-changing prospects and maintains a strong balance sheet under new CEO leadership. MUR focuses on steady growth, though offshore projects cause earnings to be 'bumpy' due to significant project impacts and routine maintenance downtimes. Net debt is at its lowest levels in a long time.
Neutral
Seeking Alpha
3 weeks ago
Murphy Oil Corporation (MUR) Q4 2024 Earnings Call Transcript
Murphy Oil Corporation (NYSE:MUR ) Q4 2024 Earnings Conference Call January 30, 2025 9:00 AM ET Company Participants Kelly Whitley - Vice President, Investor Relations and Communications Eric Hambly - President and Chief Executive Officer Tom Mireles - Executive Vice President and Chief Financial Officer Chris Lorino - Senior Vice President, Operations Conference Call Participants Arun Jayaram - JPMorgan Neil Mehta - Goldman Sachs Neal Dingmann - Truist Securities Paul Cheng - Scotiabank Leo Mariani - ROTH Capital Charles Meade - Johnson Rice Carlos Escalante - Wolfe Research Geoff Jay - Daniel Energy Partners Betty Jiang - Barclays Chris Baker - Evercore ISI Operator Good morning, ladies and gentlemen, and welcome to the Murphy Oil Corporation Fourth Quarter 2024 Earnings Conference Call. [Operator Instructions] I would now like to turn the conference over to Ms.
Negative
Zacks Investment Research
3 weeks ago
Murphy Oil's Q4 Earnings and Revenues Lag Estimates, Expenses Decline
MUR's fourth-quarter earnings per share and revenues missed the consensus estimates. The company has replaced 83% of its production volumes in 2024.
Negative
Zacks Investment Research
3 weeks ago
Murphy Oil (MUR) Q4 Earnings and Revenues Miss Estimates
Murphy Oil (MUR) came out with quarterly earnings of $0.35 per share, missing the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.90 per share a year ago.
Neutral
Business Wire
3 weeks ago
Murphy Oil Corporation Announces Fourth Quarter and Full Year 2024 Results, Preliminary Year-End 2024 Reserves, 2025 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, 2024, including net income attributable to Murphy of $50 million, or $0.34 net income per diluted share. Excluding discontinued operations and other items affecting comparability between periods, adjusted net income attributable to Murphy was $51 million, or $0.35 adjusted net income per diluted share. For full year 2024, the company recorded.
Neutral
Business Wire
3 weeks ago
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 $0.325 per share, or $1.30 per share on an annualized basis. The dividend is payable on March 3, 2025, to stockholders of record as of February 18, 2025. ABOUT MURPHY OIL CORPORATION As an independent oil and natural gas exploration and production company, Murphy Oil Corporation believes in providing energy that empowers.
Positive
Zacks Investment Research
3 weeks ago
Murphy Oil to Post Q4 Earnings: What's in the Cards for the Stock?
MUR's fourth-quarter earnings per share are expected to have benefited from strong production from domestic and international assets.
Negative
Zacks Investment Research
4 weeks ago
Analysts Estimate Murphy Oil (MUR) to Report a Decline in Earnings: What to Look Out for
Murphy Oil (MUR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neutral
Business Wire
1 month 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.
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