| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 85 | 19.1x | 17.8x | Top tier | |
Growth | 32 | 8.5% | 7.1% | Bottom tier | |
Quality | 76 | 5.6% | 4.5% | Top tier | |
Safety | 71 | 1.1x | 2.6x | Top tier | |
Capital Return | 51 | 3.50% | 2.12% | Around median | |
Momentum | 74 | 34.2% | 2.9% | Top tier | |
Sentiment | 67 | 10 | 3 | Top tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Murphy Oil Corporation is an independent oil and gas exploration and production company whose portfolio is built around onshore and offshore assets across Eagle Ford, Tupper Montney, the Gulf of America, Vietnam, and Côte d’Ivoire. Its revenue primarily comes from the sale of hydrocarbon production, so results are affected by realized oil prices and production volumes; average production reached 169 thousand barrels of oil equivalent per day in Q2 FY 2026, exceeding the midpoint of the company’s guidance range thanks to Tupper Montney’s performance and Eagle Ford’s continued outperformance.
In Q2 FY 2026, revenue reached $928.3 million, up 33.5% year over year and 26.5% from $733.6 million in Q1 FY 2026, with news reports indicating that higher realized oil prices offset the planned decline in production volumes. Net income reached $232.2 million versus $53.0 million in the previous quarter, representing a calculated net income margin of approximately 25.0%. Earnings per share according to EDGAR data were $1.59, while the earnings report cited earnings of $1.55, exceeding the analyst estimate of $1.51.
The operational growth mix relies on near-term cash flow generation from Eagle Ford, the start of production at Lac Da Vang in Vietnam, and maintaining the scale of operations in the Gulf of America and Canada, alongside the evaluation of the Bubale discovery in Côte d’Ivoire. The company generated $110 million in free cash flow during Q2 FY 2026, returned $50 million to shareholders through dividends, and ended the period with approximately $2.5 billion in liquidity and leverage below 1 time.
Automated analysis for informational purposes only — not investment advice.
Analyst consensus on Murphy Oil is neutral, with an average price target of $40.56 and a relatively wide range between $36 and $45, while Wells Fargo raised its target on August 13, 2026 from $42 to $45 following the results and the Bubale discovery. The average target is below the 52-week range high of $43.34 and above its low of $24.49, and no reliable price-to-earnings ratio is available; therefore, the valuation remains heavily tied to proving Bubale’s commercial value, executing the Vietnam projects, and sustaining cash flow amid increased spending.
Figures in the text are as of 2026-08-30; the live price is shown at the top of the page.
Murphy Oil’s revenue reached approximately $928.3 million, up 33.5% year over year and 26.5% from Q1 FY 2026. Net income reached $232.2 million versus $53.0 million in the previous quarter, while average production reached 169 thousand barrels of oil equivalent per day, exceeding the midpoint of guidance. News reports on August 7, 2026 stated that higher realized oil prices offset the planned decline in production volumes, while reported earnings per share reached $1.55 versus an expectation of $1.51.
Murphy Oil found oil in the Turonian and Cenomanian reservoirs at the Bubale field offshore Côte d’Ivoire, and news reports on August 13, 2026 indicated targeted reserves of up to 800 million barrels. The company began drilling Bubale West-1X in July 2026 to test reservoir continuity, quality, and extent, with an estimated dry-hole cost of $90 million. However, management emphasized during the August 6, 2026 call that the size and economics have not yet been determined and that the appraisal may continue for 18–24 months and involve up to five wells.
The company raised the midpoint of its FY 2026 capital expenditure estimate from $1.25 billion to $1.55 billion, directing approximately $190 million to Bubale and an additional $70 million to Eagle Ford. In Q2 FY 2026, it generated $110 million in free cash flow and ended the period with approximately $2.5 billion in liquidity and leverage below 1 time. Management plans to use additional cash flows from Eagle Ford to fund growth, but acknowledged the possibility of periods of negative free cash flow as investment rises.
The Hai Su Vang-4X well was dry after encountering low-quality rock with no productive thickness, leading to a reduction in the field’s resource estimate. Nevertheless, Murphy Oil estimates the revised opportunity at approximately 200–300 million barrels of oil equivalent, or nearly two to three times the size of Lac Da Vang. The company is targeting a final investment decision in Q4 FY 2027, while its forecast for peak Vietnam production remains at 30–50 thousand barrels of oil equivalent per day, although the current outlook leans toward the lower end.
Both Chinook #8 in the Gulf of America and Lac Da Vang in Vietnam remained on track to begin production in Q4 FY 2026, according to the August 6, 2026 call. Management expects net production from Lac Da Vang to reach an exit rate of between 5 and 9 thousand barrels per day by the end of 2027, then reach 10–15 thousand barrels per day during 2028 and 2029. The increased Eagle Ford spending is also expected to add approximately 5–6 thousand barrels of oil equivalent per day in 2027 after drilling begins on the Karnes and Catarina pads in October 2026.
Analyst consensus is neutral, with an average price target of $40.56, a low target of $36, and a high target of $45. Wells Fargo raised its target from $42 to $45 on August 13, 2026 following the Q2 FY 2026 results and the announcement of the Bubale discovery. The consensus average is below the 52-week range high of $43.34, while no valid comparable price-to-earnings ratio is available, increasing the valuation’s dependence on the Bubale appraisal results and the execution of the Vietnam plans.
