Mirae Asset Global Investments Co. Ltd. Makes New Investment in Murphy Oil Corporation $MUR

Posted by Brenda Bartman on Nov 6th, 2026

Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Murphy Oil Corporation (NYSE:MUR – Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 128,446 shares of the oil and gas producer’s stock, valued at approximately $4,755,000.

Other institutional investors have also modified their holdings of the company. Citizens Financial Group Inc. RI bought a new stake in Murphy Oil in the 3rd quarter valued at about $375,000. Evergreen Capital Management LLC bought a new position in Murphy Oil in the 3rd quarter worth about $204,000. Compass Wealth Management LLC bought a new position in Murphy Oil in the 3rd quarter worth about $46,000. Root Financial Partners LLC bought a new position in Murphy Oil in the 3rd quarter worth about $44,000. Finally, Crossmark Global Holdings Inc. grew its position in Murphy Oil by 38.7% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 11,990 shares of the oil and gas producer’s stock worth $444,000 after purchasing an additional 3,344 shares during the last quarter. Institutional investors own 78.31% of the company’s stock.

Trending Headlines about Murphy Oil

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

Positive Sentiment: Q3 results beat expectations. Murphy reported earnings of $1.08 per share versus the $0.91 consensus, while revenue of about $849 million topped estimates of $782 million and rose 16.6% year over year. The company attributed improved results to stronger commodity prices and lower costs. Zacks Q3 earnings article
Positive Sentiment: Production outperformed and the 2026 outlook improved. Output topped guidance, prompting Murphy to raise its production outlook for 2026—supportive of expected revenue and cash flow. Zacks Q3 earnings article
Positive Sentiment: Projects offer longer-term cash-flow potential. Murphy outlined a potential $1 billion in five-year free cash flow from Lac Da Vang and Chinook. Early screening at Bubale also points to more than 150 million barrels of potential resources, though this remains an exploration-stage opportunity. Seeking Alpha project and exploration update
Neutral Sentiment: Mauritania acreage expands the exploration portfolio. Murphy signed production-sharing contracts for the offshore C-10 and Tiof blocks, covering about 3.1 million acres. It will operate with a 90% working interest; further evaluation is needed before the blocks’ commercial potential is clear. Murphy Oil Mauritania contracts announcement

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Wells Fargo & Company restated a “positive” rating on shares of Murphy Oil in a research note on Tuesday, September 29th. BMO Capital Markets reiterated a “market perform” rating on shares of Murphy Oil in a research report on Wednesday, October 14th. Weiss Ratings upgraded Murphy Oil from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, October 6th. Wall Street Zen raised Murphy Oil from a “hold” rating to a “buy” rating in a report on Saturday, October 17th. Finally, UBS Group raised their target price on Murphy Oil from $38.00 to $40.00 and gave the company a “neutral” rating in a research report on Wednesday, October 14th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $39.75.

Get Our Latest Analysis on MUR

Murphy Oil Price Performance

Shares of MUR opened at $36.42 on Friday. Murphy Oil Corporation has a one year low of $26.77 and a one year high of $45.03. The stock’s fifty day moving average is $38.86 and its 200-day moving average is $36.88. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.80 and a current ratio of 0.85. The firm has a market capitalization of $5.22 billion, a price-to-earnings ratio of 11.35 and a beta of 0.52.

Murphy Oil (NYSE:MUR – Get Free Report) last posted its quarterly earnings data on Wednesday, November 4th. The oil and gas producer reported $1.08 earnings per share for the quarter, topping the consensus estimate of $0.91 by $0.17. The business had revenue of $849.17 million during the quarter, compared to the consensus estimate of $781.53 million. Murphy Oil had a net margin of 14.90% and a return on equity of 8.51%. The company’s quarterly revenue was up 16.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.41 earnings per share. Equities analysts anticipate that Murphy Oil Corporation will post 3.68 EPS for the current year.

Murphy Oil Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Monday, November 16th will be given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date is Monday, November 16th. Murphy Oil’s payout ratio is 69.31%.

About Murphy Oil

(Free Report)

Murphy Oil Corporation (NYSE:MUR) is an independent oil and natural gas exploration and production company. Its activities include identifying, acquiring, developing and producing crude oil, natural gas and natural gas liquids, with a focus on high-quality assets in North America.

The company’s operations are primarily located in the United States, including onshore assets in the Eagle Ford Shale of South Texas and offshore properties in the Gulf of Mexico. Murphy Oil has also historically maintained exploration and production interests in Canada and other international regions, although its current portfolio is concentrated in the United States.

Founded in 1950, Murphy Oil has evolved from a diversified energy company into a focused exploration and production business.