20,539 Shares in Murphy Oil Corporation $MUR Bought by Jennison Associates LLC

Posted by Stanley Muller on Jul 23rd, 2026

Jennison Associates LLC purchased a new stake in Murphy Oil Corporation (NYSE:MUR – Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 20,539 shares of the oil and gas producer’s stock, valued at approximately $847,000.

Several other large investors also recently bought and sold shares of MUR. CIBC Private Wealth Group LLC acquired a new stake in shares of Murphy Oil during the fourth quarter worth about $26,000. Leonteq Securities AG acquired a new stake in shares of Murphy Oil in the 1st quarter valued at about $29,000. Valued Wealth Advisors LLC grew its stake in Murphy Oil by 14,700.0% during the 1st quarter. Valued Wealth Advisors LLC now owns 740 shares of the oil and gas producer’s stock worth $31,000 after buying an additional 735 shares during the last quarter. Torren Management LLC purchased a new position in Murphy Oil during the 4th quarter worth approximately $37,000. Finally, Farther Finance Advisors LLC grew its stake in Murphy Oil by 72.9% during the 4th quarter. Farther Finance Advisors LLC now owns 1,701 shares of the oil and gas producer’s stock worth $53,000 after buying an additional 717 shares during the last quarter. Institutional investors and hedge funds own 78.31% of the company’s stock.

Murphy Oil Stock Performance

Shares of MUR stock opened at $38.78 on Thursday. The stock has a market capitalization of $5.56 billion, a PE ratio of 65.74 and a beta of 0.52. Murphy Oil Corporation has a 52-week low of $21.86 and a 52-week high of $43.34. The stock’s 50-day moving average price is $36.33 and its 200 day moving average price is $35.84. The company has a quick ratio of 0.77, a current ratio of 0.83 and a debt-to-equity ratio of 0.30.

Murphy Oil (NYSE:MUR – Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The oil and gas producer reported $0.32 EPS for the quarter, beating the consensus estimate of $0.29 by $0.03. Murphy Oil had a return on equity of 3.09% and a net margin of 3.02%.The firm had revenue of $732.35 million during the quarter, compared to the consensus estimate of $702.96 million. During the same period in the prior year, the business earned $0.56 EPS. The firm’s revenue was up 9.0% compared to the same quarter last year. As a group, equities research analysts forecast that Murphy Oil Corporation will post 3.09 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on MUR shares. UBS Group reduced their price objective on Murphy Oil from $44.00 to $41.00 and set a “neutral” rating for the company in a research note on Tuesday. Weiss Ratings restated a “hold (c)” rating on shares of Murphy Oil in a research report on Wednesday, June 24th. Wall Street Zen cut shares of Murphy Oil from a “buy” rating to a “hold” rating in a report on Saturday, June 27th. Mizuho lifted their target price on shares of Murphy Oil from $39.00 to $44.00 and gave the company a “neutral” rating in a report on Wednesday, May 27th. Finally, Johnson Rice upgraded shares of Murphy Oil from a “hold” rating to an “accumulate” rating in a research report on Wednesday, March 25th. Three analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $38.33.

Check Out Our Latest Stock Report on Murphy Oil

Murphy Oil Company Profile

(Free Report)

Murphy Oil Corporation is an independent upstream oil and gas company engaged in the exploration, development and production of crude oil, natural gas and natural gas liquids. The company’s operations encompass conventional onshore and offshore reservoirs, with an emphasis on liquids-rich properties and deepwater assets. Through a combination of proprietary technologies and strategic joint ventures, Murphy Oil seeks to optimize recovery rates and manage its portfolio to balance long-term resource development with operational flexibility.

Murphy Oil’s exploration and production activities are geographically diversified.