Murphy Oil

MUR

Market cap $5.44B

Does Murphy Oil (MUR) have what it takes to be a top stock pick for momentum investors? Let's find out.

Murphy Oil (MUR) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Murphy Oil NYSE: MUR reported first-quarter 2026 results that management said reflected stronger-than-expected production, higher oil pricing late in the quarter and continued progress across its exploration and appraisal portfolio.

Murphy Oil is allocating more capital to exploration. MUR's Vietnam program stands out for lower risk and significant reserve additions. Production in Côte d'Ivoire remains on hold pending a favorable pricing agreement.

Murphy Oil Corporation (MUR) Q1 2026 Earnings Call Transcript

MUR beats Q1 EPS and revenue estimates as realized prices improve, output tops guidance and the annual dividend is lifted 8%.

The headline numbers for Murphy Oil (MUR) give insight into how the company performed in the quarter ended March 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Murphy Oil (MUR) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.29 per share. This compares to earnings of $0.56 per share a year ago.

HOUSTON--(BUSINESS WIRE)--This letter serves as a supplement to our earnings release for the first quarter of 2026. Please see the information regarding forward-looking statements and non-GAAP financial information1 included at the end of this letter. Unless otherwise noted, the financial and operating highlights and metrics discussed in this letter exclude noncontrolling interest (NCI)2. Murphy Oil Corporation Stockholders, The first quarter of 2026 unfolded against one of the most volatile ma.