Murphy Oil
Explores for and produces oil and gas across North American shale and offshore fields.
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Profile
Produces and sells crude oil, condensate, natural gas, and NGLs from a portfolio centered on the Gulf of America, Eagle Ford, and Canadian fields, while developing offshore Vietnam. Cash flow tracks commodity prices, and the mix combines operated shale and offshore assets with non-operated Canadian interests.
Explores for and produces crude oil, condensate, natural gas, and natural gas liquids through onshore and offshore operations. The producing base spans the Gulf of America and Eagle Ford Shale in the United States, Tupper Montney and Kaybob Duvernay in Canada, and non-operated interests off Newfoundland and Labrador.
Balances shorter-cycle shale drilling with offshore development and exploration. Core U.S. and Canadian assets fund work on Lac Da Vang in Vietnam, while recent appraisal and discovery activity has expanded the opportunity set in Vietnam and Côte d’Ivoire. Operating strengths center on long-lateral drilling, offshore project delivery, and reservoir appraisal.
Revenue and cash flow move with oil and natural-gas prices. Sustaining the portfolio requires successful drilling, reserve replacement, regulatory approvals, partner execution on non-operated fields, and compliance with host-country and environmental rules.
Company facts
Categories
Key statistics
Year to date +9.7% · Average volume (30d) 1.7M
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating | Prior target | Target |
|---|---|---|---|---|---|---|
| Aug 19, 2026 | Morgan Stanley | Reiterate | Underweight | $35 | $36 | |
| Aug 13, 2026 | KeyBanc | Reiterate | Overweight | $48 | $43 | |
| Aug 12, 2026 | Wells Fargo | Reiterate | Positive | $32 | $45 | |
| Aug 10, 2026 | Barclays | Reiterate | Equal Weight | $43 | $38 | |
| Aug 7, 2026 | UBS | Reiterate | Neutral | $41 | $38 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 5, 2026Q2 FY26 | $1.57 | $1.55 | −1.3% | $888.5M | $928.3M | +4.5% | −8.32% |
| May 6, 2026Q1 FY26 | $0.29 | $0.32 | +10.3% | $703.0M | $733.6M | +4.4% | −1.70% |
| Jan 28, 2026Q4 FY25 | −$0.08 | $0.14 | +275.0% | $633.7M | $624.6M | −1.4% | −1.08% |
| Nov 5, 2025Q3 FY25 | $0.17 | $0.41 | +140.3% | $675.2M | $721.0M | +6.8% | +5.31% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $672.7M | $683.1M | $721.0M | $642.1M | $732.4M | $928.3M | |
| Gross profit | $224.6M | $154.1M | $476.2M | $1.10B | $190.1M | $724.3M | |
| Operating income | $143.9M | $92.2M | $5.8M | $59.3M | $137.1M | $354.7M | |
| Net income | $73.0M | $22.3M | −$3.0M | $11.9M | $53.0M | $232.2M | |
| Diluted EPS | $0.50 | $0.16 | −$0.02 | $0.08 | $0.37 | $1.59 | |
| Gross margin | 33.4% | 22.6% | 66.0% | 171.1% | 26.0% | 78.0% | |
| Operating margin | 21.4% | 13.5% | 0.8% | 9.2% | 18.7% | 38.2% |
Fiscal years (4-quarter sums)FY21 $2.80B · FY22 $4.22B · FY23 $3.45B · FY24 $3.02B · FY25 $2.72B
Revenue by product · Q2 FY26
Revenue by geography · FY25
Balance sheet, Jun 30, 2026Cash & short-term investments $483.9M · Total debt $2.26B · Total assets $10.28B · Shareholders' equity $5.26B
Dividends
Raised for 5 straight years — most recently to $0.35 from $0.325 in Feb 2026. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Aug 17, 2026 | Aug 17 | Sep 1 | $0.35 | |
| May 18, 2026 | May 18 | Jun 1 | $0.35 | |
| Feb 17, 2026 | Feb 17 | Mar 2 | $0.35 | raised from $0.325 |
| Nov 17, 2025 | Nov 17 | Dec 1 | $0.325 | |
| Aug 18, 2025 | Aug 18 | Sep 2 | $0.325 | |
| May 16, 2025 | May 16 | Jun 2 | $0.325 | |
| Feb 18, 2025 | Feb 18 | Mar 3 | $0.325 | raised from $0.30 |
| Nov 18, 2024 | Nov 18 | Dec 2 | $0.30 |
Ownership
Shares outstanding 143.35M · Float 134.58M · 93.9% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 19.24M | 13.42% | 13F | Aug 7, 2026 |
| Dimensional Fund Advisors LP | 8.39M | 5.85% | 13F | Aug 11, 2026 |
| Vanguard Portfolio Management LLC | 7.77M | 5.42% | 13F | Aug 13, 2026 |
| American Century Companies Inc | 7.32M | 5.10% | 13F | Aug 12, 2026 |
| Stowers Institute for Medical Research | 7.32M | 5.10% | 13G | Aug 14, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Mar 11, 2026 | Daniel R. Hanchera | officer: Senior Vice President | −47,320 | $33.79 |
| Mar 3, 2026 | Maria A. Martinez | officer: Senior Vice President | −8,608 | $34.93 |
Peers
- EOG Resources
Direct Eagle Ford and South Texas shale competitor
- Talos Energy
Pure-play Gulf of America offshore E&P rival
- Ovintiv
Large Montney gas and liquids competitor
- Canadian Natural Resources
Canadian upstream scale rival in gas and liquids
- APA
Diversified independent E&P and offshore explorer
- Kosmos Energy
Deepwater Gulf and Atlantic-margin E&P peer
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Murphy Oil | $35.63 | 0.00% | $5.11B | 17.6 | 14.0 | 1.7 | +35.9% |
| EOG Resources | $143.49 | +0.12% | $76.35B | 11.2 | 9.5 | 2.9 | +60.5% |
| Talos Energy | $16.67 | 0.00% | $2.78B | — | 18.8 | 1.4 | +56.5% |
| Ovintiv | $64.59 | −0.02% | $17.87B | 18.6 | 9.2 | 1.9 | +30.0% |
| Canadian Natural Resources | $49.00 | −0.02% | $102.18B | 12.1 | 17.8 | 3.0 | +46.3% |
| APA | $42.61 | +0.18% | $15.04B | 9.0 | 9.5 | 1.7 | +10.2% |
| Kosmos Energy | $2.76 | +0.17% | $1.34B | — | 7.3 | 0.8 | +56.8% |
| Median | 11.6 | 9.5 | 1.8 | +51.4% |