Murphy Oil (MUR)
Explores for and produces oil and gas across North American shale and offshore fields.
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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
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 15, 2026 | KeyBanc | Reiterate | Rating: —Target: $43 | Target: $47 |
| Sep 14, 2026 | Wells Fargo | Reiterate | Rating: —Target: $41 | Target: $42 |
| Sep 7, 2026 | Goldman Sachs | Reiterate | Rating: —Target: $29 | Target: $34 |
| Sep 2, 2026 | Seaport Global | Initiate | Rating: — | |
| Sep 2, 2026 | Wells Fargo | Reiterate | Rating: —Target: $45 | Target: $41 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $483.9M · Total debt $2.26B · Total assets $10.28B · Shareholders' equity $5.26B
- Revenue
- $928.3M
- Operating income
- $354.7M
- Net income
- $232.2M
HistoryDividendAnnual yield
| Institutions | 91.74% | 131.54M shares | |
|---|---|---|---|
| 448 holders · as of Jun 30, 2026 | |||
| Insiders | 21.46% | 30.76M shares | |
| 22 holders · as of Sep 1, 2026 | |||
| Adds to | 113.20% | ||
143.38M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
These groups come from separate filings that can overlap, so they add to 113.20%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Leonard M. TannenbaumInsider | 18.29% | 26.23M | filed Aug 10, 2018 |
BlackRock, Inc.Institution | 13.42% | 19.24M | as of Jun 30, 2026 |
Dimensional Fund Advisors LPInstitution | 5.85% | 8.39M | as of Jun 30, 2026 |
Pzena Investment Management, LLCInstitution | 5.47% | 7.84M | filed Jul 9, 2018 |
Vanguard Portfolio Management LLCInstitution | 5.42% | 7.77M | as of Jun 30, 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 |
- 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
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Murphy Oil | $36.50 | +3.17% | $5.07B | 17.5 | 13.0 | 1.7 | +35.9% |
| EOG Resources | $142.22 | +1.93% | $74.31B | 10.9 | 9.1 | 2.8 | +60.5% |
| Talos Energy | $16.56 | +2.92% | $2.69B | — | 14.4 | 1.4 | +56.5% |
| Ovintiv | $60.42 | +2.72% | $16.27B | 16.9 | 8.4 | 1.7 | +30.0% |
| Canadian Natural Resources | $48.14 | +0.77% | $99.63B | 12.0 | 17.4 | 2.9 | +46.3% |
| APA | $43.91 | +3.79% | $14.95B | 8.9 | 8.9 | 1.7 | +10.2% |
| Kosmos Energy | $2.67 | +3.70% | $1.25B | — | 6.5 | 0.8 | +56.8% |
| Median | 11.4 | 9.0 | 1.7 | +51.4% |