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HOUSTON - Murphy Oil Corporation (NYSE: MUR) announced a quarterly cash dividend of $0.325 per share, payable on June 2, 2025, to shareholders of record as of May 16, 2025. This declaration reflects an annualized dividend rate of $1.30 per share, representing a 4.5% yield. According to InvestingPro data, the company has maintained dividend payments for 55 consecutive years, with an 18% dividend growth in the last twelve months.
The independent oil and natural gas exploration and production company has positioned itself to empower energy solutions, with a focus on financial discipline and foresight. With a robust EBITDA of $1.6 billion and a healthy gross profit margin of 75%, Murphy Oil has demonstrated strong financial performance. The company maintains a "GOOD" overall financial health score according to InvestingPro analysis, reflecting its operational efficiency and market position.
The forward-looking statements included in the company’s announcement indicate management’s expectations for future events and plans, which are subject to inherent risks and uncertainties. These include variables such as global oil and gas industry conditions, geopolitical issues, customer demand, and broader market and economic factors. The company’s stated ambitions regarding environmental, social, and governance (ESG) initiatives, production rates, and capital allocation decisions, among other aspects, are forward-looking and not guaranteed.
Investors are cautioned that actual results may differ materially from those expressed in the forward-looking statements due to a variety of risk factors, including but not limited to market volatility, success rates of exploration programs, regulatory approvals, and economic conditions. Murphy Oil Corporation’s most recent filings with the U.S. Securities and Exchange Commission provide further details on these risks.
This news is based on a press release statement, which does not guarantee future performance and is subject to changes in market and economic conditions. Murphy Oil Corporation has not updated or revised any forward-looking statements publicly as of this announcement. Current InvestingPro analysis suggests the stock is trading below its Fair Value, with analysts projecting profitability for the upcoming year. For deeper insights into Murphy Oil’s valuation and 8 additional ProTips, explore the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Murphy Oil Corporation reported its Q4 2024 earnings, revealing a miss on both earnings per share (EPS) and revenue forecasts. The company recorded an EPS of $0.35, significantly below the anticipated $0.69, and revenue of $670.96 million, falling short of the expected $763.43 million. In a strategic move, Murphy Oil has agreed to acquire the BW Pioneer FPSO vessel from BW Offshore for $125 million, which is expected to reduce annual operating costs by approximately $60 million. Moody’s Ratings has revised the outlook for Murphy Oil from positive to stable, citing less debt reduction than anticipated and subdued production scale.
Additionally, Mizuho Securities and KeyBanc Capital Markets both adjusted their price targets for Murphy Oil to $37, while maintaining their respective Outperform and Overweight ratings. These adjustments reflect recent earnings performance and operational challenges. The analysts highlighted Murphy Oil’s robust free cash flow and potential high-margin oil growth from Vietnam as positive factors. Murphy Oil’s leadership has also reaffirmed their commitment to strategic plans and ongoing share buyback programs. These developments come as the company navigates operational challenges and seeks to enhance its financial and strategic positioning.
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