Murphy Oil Corporation (NYSE:MUR) Declares Quarterly Dividend of $0.35

Posted by Brian Himes on Aug 6th, 2026

Murphy Oil Corporation (NYSE:MUR – Get Free Report) declared a quarterly dividend on Wednesday, August 5th. Shareholders of record on Monday, August 17th will be paid a dividend of 0.35 per share by the oil and gas producer on Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 3.9%. The ex-dividend date is Monday, August 17th.

Murphy Oil has raised its dividend payment by an average of 0.2%per year over the last three years and has raised its dividend every year for the last 5 years. Murphy Oil has a dividend payout ratio of 52.4% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Murphy Oil to earn $2.78 per share next year, which means the company should continue to be able to cover its $1.40 annual dividend with an expected future payout ratio of 50.4%.

Murphy Oil Stock Performance

Shares of MUR stock opened at $36.03 on Thursday. The company has a quick ratio of 0.77, a current ratio of 0.83 and a debt-to-equity ratio of 0.30. The business has a 50 day moving average of $36.27 and a two-hundred day moving average of $36.26. Murphy Oil has a 52 week low of $21.86 and a 52 week high of $43.34. The company has a market cap of $5.17 billion, a P/E ratio of 61.07 and a beta of 0.50.

Murphy Oil (NYSE:MUR – Get Free Report) last posted its earnings results on Wednesday, August 5th. The oil and gas producer reported $1.55 EPS for the quarter, missing the consensus estimate of $1.57 by ($0.02). The company had revenue of $926.33 million for the quarter, compared to the consensus estimate of $888.51 million. Murphy Oil had a net margin of 3.02% and a return on equity of 3.09%. The firm’s revenue for the quarter was up 33.5% compared to the same quarter last year. During the same period last year, the company posted $0.27 earnings per share. As a group, analysts anticipate that Murphy Oil will post 3.13 EPS for the current year.

Trending Headlines about Murphy Oil

Here are the key news stories impacting Murphy Oil this week:

Positive Sentiment: Second-quarter revenue rose 33.5% year over year to approximately $926.3 million, exceeding the roughly $888.5 million analyst consensus. Net income attributable to Murphy increased to $232.2 million from $22.3 million a year earlier, while reported diluted EPS reached $1.59 versus $0.16. Murphy Oil Corporation Announces Second Quarter Results
Positive Sentiment: Production totaled 169,000 barrels of oil equivalent per day, at the upper end of company guidance, indicating solid operational execution. Murphy also reported an oil discovery at the Bubale-1X exploration well offshore Côte d’Ivoire, potentially supporting future production growth. Murphy Oil Q2 Net Income Rises to $232 Million
Positive Sentiment: The company paid $50 million in quarterly dividends and ended June with approximately $2.48 billion of liquidity, including $480 million in cash, providing financial flexibility.
Neutral Sentiment: Results were mixed against estimates: Zacks calculated EPS at $1.55 versus its $1.51 consensus, while another consensus measure was $1.57, implying a modest miss. The differing estimates may explain the muted investor reaction despite strong revenue growth. Murphy Oil Tops Q2 Earnings and Revenue Estimates
Negative Sentiment: Murphy Oil raised its full-year capital-expenditure midpoint from $1.25 billion to $1.55 billion. The additional investment could pressure free cash flow and may be weighing on the stock, even though it is intended to support production and exploration.
Negative Sentiment: Recent insider activity showed sales of Murphy Oil shares by two senior vice presidents, with no reported insider purchases in the past six months. While not necessarily fundamental, the selling may add to investor caution.

About Murphy Oil

(Get 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.