Murphy Oil declares quarterly dividend of $0.325 per share

HOUSTON - Murphy Oil Corporation (NYSE:MUR) announced Wednesday its Board of Directors has declared a quarterly cash dividend of $0.325 per share, equivalent to $1.30 per share on an annualized basis, representing a 4.58% yield. The company has maintained dividend payments for an impressive 55 consecutive years, according to InvestingPro data.

The dividend will be payable on December 1, 2025, to stockholders of record as of November 17, 2025, according to a press release issued by the company.

Murphy Oil Corporation is an independent oil and natural gas company with operations spanning multiple basins both onshore and offshore. The company’s current operations include assets in the Eagle Ford Shale, Tupper Montney and Kaybob Duvernay onshore regions, as well as offshore operations in the Gulf of America and Canada.

The company also maintains exploration and development activities in the Gulf of America, Vietnam and Côte d’Ivoire as part of its portfolio.

The dividend announcement comes as part of the company’s regular quarterly financial activities. Murphy Oil has a history dating back more than a century in the oil and gas industry.

In other recent news, Murphy Oil Corporation exceeded analysts’ expectations for the second quarter of 2025, reporting earnings per share of $0.27, which was above the forecasted $0.20. The company also reported revenue of $683.06 million, surpassing the expected $646.92 million. UBS has raised its price target for Murphy Oil to $24.00 from $23.00, citing improved production and positive cash flow per share. The firm maintained a Neutral rating on the stock. Additionally, KeyBanc Capital Markets maintained its Sector Weight rating on Murphy Oil, highlighting the absence of disruptions during the third quarter due to a benign storm season in the Gulf of America. Murphy Oil also completed its planned workover activity, which contributed to its positive outlook. These developments reflect the company’s ongoing operational stability and financial performance.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.