Murphy Oil - MUR Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
News Sentiment
About
FAQ

Consensus Rating: Moderate Buy
Consensus Price Target: $50.64
Forecasted Upside: 9.04%
Number of Analysts: 11
Breakdown:
0 Sell Ratings
5 Hold Ratings
6 Buy Ratings
0 Strong Buy Ratings

^$46.44 As of 04/26/2024 01:00 AM ET

▲ +0.01 (0.02%)

1 month | 3 months | 12 months

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Analyst Price Target for MUR

^$50.64

▲ +9.04% Upside Potential

This price target is based on 11 analysts offering 12 month price targets for Murphy Oil in the last 3 months. The average price target is $50.64, with a high forecast of $59.00 and a low forecast of $41.00. The average price target represents a 9.04% upside from the last price of $46.44.

Current Consensus is Moderate Buy

The current consensus among 11 investment analysts is to moderate buy stock in Murphy Oil. This Moderate Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
6 buy ratings
5 hold ratings
0 sell ratings

Ratings as of

11/2/2022

0 strong buy ratings
6 buy ratings
5 hold ratings
0 sell ratings

Ratings as of

1/31/2023

0 strong buy ratings
6 buy ratings
5 hold ratings
0 sell ratings

Ratings as of

5/1/2023

0 strong buy ratings
6 buy ratings
5 hold ratings
0 sell ratings

Ratings as of

7/30/2023

0 strong buy ratings
6 buy ratings
5 hold ratings
0 sell ratings

Ratings as of

10/28/2023

0 strong buy ratings
6 buy ratings
5 hold ratings
0 sell ratings

Ratings as of

1/26/2024

0 strong buy ratings
6 buy ratings
5 hold ratings
0 sell ratings

Ratings as of

3/26/2024

0 strong buy ratings
6 buy ratings
5 hold ratings
0 sell ratings

Ratings as of

4/25/2024

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
4/22/2024	KeyCorp	Boost Target	Overweight ➝ Overweight	$50.00 ➝ $54.00	Low
4/19/2024	Piper Sandler	Boost Target	Overweight ➝ Overweight	$49.00 ➝ $55.00	Low
4/15/2024	Mizuho	Boost Target	Buy ➝ Buy	$53.00 ➝ $55.00	Low
4/11/2024	Scotiabank	Downgrade	Sector Outperform ➝ Sector Perform	$46.00 ➝ $50.00	Low
4/10/2024	Barclays	Initiated Coverage	Equal Weight	$54.00	Low
4/5/2024	Truist Financial	Boost Target	Buy ➝ Buy	$58.00 ➝ $59.00	Low
4/4/2024	JPMorgan Chase & Co.	Boost Target	Overweight ➝ Overweight	$51.00 ➝ $52.00	Low
3/21/2024	Mizuho	Reiterated Rating	Buy ➝ Buy	$50.00 ➝ $53.00	Low
3/20/2024	Roth Mkm	Reiterated Rating	Buy		Low
1/30/2024	Piper Sandler	Lower Target	Overweight ➝ Overweight	$50.00 ➝ $49.00	Low
1/29/2024	UBS Group	Lower Target	Neutral ➝ Neutral	$45.00 ➝ $43.00	Low
1/24/2024	Piper Sandler	Lower Target	Overweight ➝ Overweight	$56.00 ➝ $50.00	Low
1/11/2024	KeyCorp	Lower Target	Overweight ➝ Overweight	$53.00 ➝ $50.00	Low
12/14/2023	UBS Group	Lower Target	Neutral ➝ Neutral	$50.00 ➝ $45.00	Low
11/28/2023	Truist Financial	Reiterated Rating	Buy ➝ Buy	$57.00	Low
11/16/2023	Piper Sandler	Boost Target	Overweight ➝ Overweight	$52.00 ➝ $56.00	Low
10/12/2023	Evercore ISI	Boost Target		$39.00 ➝ $41.00	Low
10/4/2023	UBS Group	Boost Target	Neutral ➝ Neutral	$50.00 ➝ $53.00	Low
10/2/2023	Morgan Stanley	Boost Target	Equal Weight ➝ Equal Weight	$46.00 ➝ $48.00	Low
9/18/2023	Mizuho	Boost Target	Buy ➝ Buy	$51.00 ➝ $53.00	Low
8/28/2023	Wells Fargo & Company	Boost Target	Equal Weight ➝ Equal Weight	$45.00 ➝ $46.00	Low
8/23/2023	KeyCorp	Boost Target	Overweight ➝ Overweight	$47.00 ➝ $53.00	Low
8/18/2023	Morgan Stanley	Boost Target	Equal Weight ➝ Equal Weight	$43.00 ➝ $46.00	Low
8/17/2023	UBS Group	Boost Target	Neutral ➝ Neutral	$38.00 ➝ $50.00	Low
8/16/2023	Mizuho	Boost Target	Buy ➝ Buy	$48.00 ➝ $51.00	Low
8/14/2023	Piper Sandler	Boost Target	Overweight ➝ Overweight	$50.00 ➝ $53.00	Low
8/4/2023	Wells Fargo & Company	Boost Target		$40.00 ➝ $44.00	Low
7/24/2023	Truist Financial	Lower Target		$60.00 ➝ $52.00	Low
7/10/2023	KeyCorp	Initiated Coverage	Overweight	$47.00	Low
6/13/2023	Piper Sandler	Lower Target		$59.00 ➝ $51.00	Low
6/5/2023	Truist Financial	Boost Target		$56.00 ➝ $60.00	Low
5/19/2023	Mizuho	Lower Target		$50.00 ➝ $48.00	Low
5/18/2023	Piper Sandler	Lower Target		$60.00 ➝ $59.00	Low
5/15/2023	Morgan Stanley	Boost Target		$43.00 ➝ $44.00	Low
4/21/2023	The Goldman Sachs Group	Boost Target	Neutral	$34.00 ➝ $41.00	Low
4/19/2023	Morgan Stanley	Lower Target	Equal Weight	$44.00 ➝ $43.00	Low
4/19/2023	Piper Sandler	Lower Target	Overweight	$61.00 ➝ $60.00	Low
4/19/2023	UBS Group	Initiated Coverage	Neutral	$45.00	Low
4/17/2023	Jefferies Financial Group	Upgrade	Hold ➝ Buy	$41.00	Low
4/11/2023	Truist Financial	Upgrade	Hold ➝ Buy	$49.00 ➝ $56.00	Low
3/27/2023	Morgan Stanley	Lower Target	Equal Weight	$45.00 ➝ $44.00	Low
3/10/2023	Mizuho	Lower Target		$51.00 ➝ $50.00	Low
3/8/2023	Roth Capital	Reiterated Rating	Buy		Low
3/7/2023	Piper Sandler	Lower Target	Overweight	$66.00 ➝ $61.00	Low
1/27/2023	Wells Fargo & Company	Boost Target	Equal Weight	$44.00 ➝ $47.00	Low
1/24/2023	Morgan Stanley	Lower Target	Equal Weight	$47.00 ➝ $45.00	Low
1/24/2023	Truist Financial	Boost Target	Hold	$46.00 ➝ $49.00	Low
1/10/2023	Wells Fargo & Company	Lower Target	Equal Weight	$48.00 ➝ $44.00	Low
1/10/2023	Mizuho	Reiterated Rating	Buy	$53.00 ➝ $51.00	Low
12/14/2022	Morgan Stanley	Lower Target	Equal Weight	$48.00 ➝ $47.00	Low
12/12/2022	Truist Financial	Downgrade	Buy ➝ Hold	$46.00	Low
12/5/2022	JPMorgan Chase & Co.	Upgrade	Neutral ➝ Overweight	$56.00	N/A
11/23/2022	The Goldman Sachs Group	Boost Target	Neutral	$44.00 ➝ $50.00	Low
11/17/2022	Piper Sandler	Boost Target	Overweight	$62.00 ➝ $68.00	Low
11/4/2022	Wells Fargo & Company	Boost Target	Equal Weight	$45.00 ➝ $48.00	Low
10/24/2022	Mizuho	Boost Target	Buy	$51.00 ➝ $53.00	Low
10/19/2022	The Goldman Sachs Group	Boost Target	Neutral	$38.00 ➝ $44.00	Low
10/19/2022	Morgan Stanley	Lower Target	Equal Weight	$49.00 ➝ $48.00	Low
10/19/2022	Jefferies Financial Group	Initiated Coverage	Hold	$46.00	Low
10/18/2022	Piper Sandler	Boost Target	Overweight	$46.00 ➝ $62.00	Low
9/15/2022	Truist Financial	Boost Target	Buy	$61.00 ➝ $73.00	Low
8/22/2022	The Goldman Sachs Group	Boost Target	Neutral	$34.00 ➝ $38.00	Low
7/22/2022	Piper Sandler	Lower Target	Overweight	$49.00 ➝ $47.00	Low
7/20/2022	MKM Partners	Reiterated Rating	Buy	$38.00	Low
7/19/2022	Mizuho	Lower Target	Buy	$59.00 ➝ $51.00	Low
7/5/2022	The Goldman Sachs Group	Lower Target	Neutral	$45.00 ➝ $34.00	N/A
6/6/2022	Morgan Stanley	Lower Target	Equal Weight	$53.00 ➝ $49.00	Medium
5/31/2022	Mizuho	Boost Target	Buy	$58.00 ➝ $59.00	High
5/18/2022	Piper Sandler	Lower Target	NA	$49.00	Medium
5/5/2022	JPMorgan Chase & Co.	Downgrade	Overweight ➝ Neutral	$51.00	High
4/22/2022	Morgan Stanley	Boost Target	Equal Weight	$35.00 ➝ $53.00	High
4/21/2022	Truist Financial	Boost Target		$41.00 ➝ $60.00	High
4/7/2022	Piper Sandler	Upgrade	Neutral ➝ Overweight	$38.00 ➝ $54.00	Low
3/31/2022	Mizuho	Boost Target	Buy	$42.00 ➝ $58.00	High
3/11/2022	Wells Fargo & Company	Boost Target	Equal Weight	$30.00 ➝ $38.00	Low
3/10/2022	Piper Sandler	Boost Target	Neutral	$32.00 ➝ $38.00	Medium
2/11/2022	Mizuho	Upgrade	Neutral ➝ Buy	$33.00 ➝ $42.00	High
1/25/2022	Morgan Stanley	Boost Target	Equal Weight	$33.00 ➝ $35.00	High
1/14/2022	Truist Financial	Boost Target		$40.00 ➝ $43.00	High
1/5/2022	Wells Fargo & Company	Upgrade	Underweight ➝ Equal Weight		High
1/3/2022	Mizuho	Lower Target		$34.00 ➝ $33.00	High
12/7/2021	JPMorgan Chase & Co.	Upgrade	Neutral ➝ Overweight	$29.00 ➝ $37.00	High
11/10/2021	MKM Partners	Boost Target	Buy	$34.00 ➝ $37.00	High
10/26/2021	Mizuho	Boost Target	Outperform ➝ Neutral	$28.00 ➝ $34.00	Medium
10/21/2021	Piper Sandler	Boost Target	Reduce ➝ Neutral	$22.00 ➝ $29.00	High
10/7/2021	Truist Financial	Boost Target	Buy	$37.00 ➝ $40.00	Low
10/6/2021	Morgan Stanley	Boost Target	Equal Weight	$28.00 ➝ $32.00	Low
7/15/2021	Mizuho	Boost Target	Neutral	$24.00 ➝ $28.00	Medium
7/1/2021	Truist Financial	Boost Target	Buy	$24.00 ➝ $36.00	Low
6/18/2021	Morgan Stanley	Boost Target	Equal Weight	$21.00 ➝ $28.00	Low
5/19/2021	Morgan Stanley	Boost Target	Equal Weight	$20.00 ➝ $21.00	High
5/17/2021	Mizuho	Boost Target	Neutral	$21.00 ➝ $24.00	High
4/20/2021	Mizuho	Lower Target	Neutral	$22.00 ➝ $21.00	High
4/19/2021	Truist Financial	Boost Target		$17.00 ➝ $21.00	High
4/15/2021	Scotiabank	Upgrade	Sector Perform ➝ Sector Outperform	$16.00 ➝ $20.00	Low
3/11/2021	Morgan Stanley	Boost Target	Equal Weight	$14.00 ➝ $20.00	Medium
1/29/2021	Credit Suisse Group	Lower Target	Neutral	$16.00 ➝ $15.00	High
1/21/2021	KeyCorp	Boost Target	Overweight	$16.00 ➝ $17.00	High
1/14/2021	Scotiabank	Upgrade	Sector Underperform ➝ Sector Perform	$11.00 ➝ $16.00	Medium
1/14/2021	KeyCorp	Boost Target	Overweight	$15.00 ➝ $16.00	High
1/7/2021	KeyCorp	Boost Target	Overweight	$13.00 ➝ $15.00	N/A
12/15/2020	Wells Fargo & Company	Downgrade	Equal Weight ➝ Underweight	$11.00	Medium
12/11/2020	Morgan Stanley	Upgrade	Underweight ➝ Equal Weight	$14.00	Medium
11/19/2020	Scotiabank	Lower Target	Underperform	$13.00 ➝ $11.00	High
11/6/2020	Credit Suisse Group	Lower Target	Neutral	$15.00 ➝ $10.00	Low
10/20/2020	KeyCorp	Lower Target	Overweight	$20.00 ➝ $13.00	Low
9/24/2020	Scotiabank	Reiterated Rating	Sector Perform ➝ Sector Underperform		Low
9/23/2020	Scotiabank	Downgrade	Sector Perform ➝ Sector Underperform	$13.00	Low
9/14/2020	MKM Partners	Upgrade	Neutral ➝ Buy	$15.00 ➝ $14.00	Low
9/1/2020	Truist Financial	Initiated Coverage	Buy	$22.00	Low
8/26/2020	Johnson Rice	Initiated Coverage	Buy		High
8/21/2020	Morgan Stanley	Boost Target	Underweight	$10.00 ➝ $12.00	Medium
8/13/2020	Piper Sandler	Boost Target	Neutral	$12.00 ➝ $15.00	Medium
8/4/2020	Credit Suisse Group	Initiated Coverage	Hold	$15.00	High
7/15/2020	Wolfe Research	Downgrade	Peer Perform ➝ Underperform	$11.00 ➝ $10.00	Medium
7/13/2020	Scotiabank	Boost Target	Sector Perform	$9.00 ➝ $14.00	Medium
7/8/2020	Morgan Stanley	Boost Target	Underweight	$9.00 ➝ $10.00	Medium
6/29/2020	UBS Group	Boost Target	Neutral	$5.50 ➝ $15.00	Medium
6/22/2020	The Goldman Sachs Group	Downgrade	Buy ➝ Neutral	$13.50 ➝ $14.50	Medium
6/19/2020	Mizuho	Upgrade	Underperform ➝ Neutral	$8.00 ➝ $16.00	High
6/11/2020	KeyCorp	Boost Target	Overweight	$16.00 ➝ $20.00	Low
6/8/2020	MKM Partners	Downgrade	Buy ➝ Neutral	$16.00	High
5/21/2020	Mizuho	Boost Target	Underperform	$5.00 ➝ $8.00	Low
5/19/2020	Piper Sandler	Boost Target	Neutral	$4.00 ➝ $6.00	Medium
5/19/2020	Morgan Stanley	Boost Target	Underweight	$8.00 ➝ $9.00	High
5/8/2020	Wells Fargo & Company	Downgrade	Overweight ➝ Equal Weight	$10.00	High
5/7/2020	Cfra	Lower Target	Buy	$25.00 ➝ $13.00	Low
4/28/2020	BMO Capital Markets	Downgrade	Outperform ➝ Market Perform	$9.00	Low
4/3/2020	Mizuho	Downgrade	Neutral ➝ Underperform	$5.00	High
4/3/2020	Wells Fargo & Company	Reiterated Rating	Buy	$11.00 ➝ $10.00	High
3/31/2020	UBS Group	Lower Target	Neutral	$27.00 ➝ $5.50	High
3/26/2020	KeyCorp	Lower Target	Overweight	$20.00 ➝ $16.00	High
3/25/2020	Piper Sandler	Lower Target		$34.00 ➝ $3.00	High
3/20/2020	Wells Fargo & Company	Upgrade	Equal Weight ➝ Overweight	$24.00 ➝ $11.00	High
3/16/2020	Morgan Stanley	Lower Target	Underweight	$23.00 ➝ $8.00	High
1/31/2020	Wells Fargo & Company	Lower Target	Equal Weight	$26.00 ➝ $24.00	Medium
1/23/2020	KeyCorp	Boost Target	Overweight	$24.00 ➝ $27.00	Medium
11/13/2019	Howard Weil	Downgrade	Sector Outperform ➝ Sector Perform		Medium
11/12/2019	Scotiabank	Downgrade	Outperform ➝ Sector Perform		Medium
10/1/2019	UBS Group	Lower Target	Neutral	$29.00 ➝ $27.00	Medium
9/30/2019	BMO Capital Markets	Initiated Coverage	Outperform	$27.00	Low
9/9/2019	KeyCorp	Initiated Coverage	Overweight	$24.00	High
9/6/2019	Wells Fargo & Company	Lower Target	Market Perform	$28.00 ➝ $23.00	Low
8/16/2019	Piper Sandler Companies	Set Target	Hold	$38.00	Low
8/12/2019	MKM Partners	Set Target	Buy	$38.00	Low
8/9/2019	Credit Suisse Group	Lower Target	Neutral	$30.00 ➝ $25.00	Medium
7/23/2019	The Goldman Sachs Group	Upgrade	Neutral ➝ Buy	$30.00	Low
7/12/2019	Morgan Stanley	Lower Target	Underweight	$24.00 ➝ $22.00	Low
7/10/2019	Capital One Financial	Initiated Coverage	Overweight	$37.00	High
6/24/2019	Morgan Stanley	Set Target	Sell	$24.00	Low
5/30/2019	Evercore ISI	Initiated Coverage	In-Line	$30.00	High
5/17/2019	Stephens	Set Target	Hold	$40.00	Low
5/16/2019	Morgan Stanley	Set Target	Sell	$27.00	Low

(Data available from 4/26/2019 forward)

News Sentiment Rating

0.71 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

10 very positive mentions
3 positive mentions
2 negative mentions
0 very negative mentions

Mentions as of

9/29/2023

9 very positive mentions
5 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

10/29/2023

4 very positive mentions
7 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

11/28/2023

9 very positive mentions
2 positive mentions
1 negative mentions
0 very negative mentions

Mentions as of

12/28/2023

11 very positive mentions
8 positive mentions
1 negative mentions
0 very negative mentions

Mentions as of

1/27/2024

20 very positive mentions
9 positive mentions
1 negative mentions
1 very negative mentions

Mentions as of

2/26/2024

30 very positive mentions
17 positive mentions
0 negative mentions
1 very negative mentions

Mentions as of

3/27/2024

14 very positive mentions
18 positive mentions
1 negative mentions
0 very negative mentions

Mentions as of

4/26/2024

Current Sentiment

Recent Stories by Sentiment

Very Negative

No very negative mentions tracked during this time.

Murphy Oil Corporation, together with its subsidiaries, operates as an oil and gas exploration and production company in the United States, Canada, and internationally. It explores for and produces crude oil, natural gas, and natural gas liquids. The company was formerly known as Murphy Corporation and changed its name to Murphy Oil Corporation in 1964. The company was incorporated in 1950 and is headquartered in Houston, Texas.

Today's Range

Now: $46.44

$46.00

$46.70

50 Day Range

MA: $43.78

$38.57

$48.97

52 Week Range

Now: $46.44

$32.80

$49.14

Volume

833,777 shs

Average Volume

1,800,726 shs

Market Capitalization

$7.09 billion

P/E Ratio

11.00

Dividend Yield

2.60%

Beta

2.21

Frequently Asked Questions

What sell-side analysts currently cover shares of Murphy Oil?: The following Wall Street sell-side analysts have issued reports on Murphy Oil in the last twelve months: Barclays PLC, Evercore ISI, JPMorgan Chase & Co., KeyCorp, Mizuho, Morgan Stanley, Piper Sandler, Roth Mkm, Scotiabank, StockNews.com, Truist Financial Co., UBS Group AG, and Wells Fargo & Company.
View the latest analyst ratings for MUR.
What is the current price target for Murphy Oil?: 11 Wall Street analysts have set twelve-month price targets for Murphy Oil in the last year. Their average twelve-month price target is $50.64, suggesting a possible upside of 8.8%. Truist Financial Co. has the highest price target set, predicting MUR will reach $59.00 in the next twelve months. Evercore ISI has the lowest price target set, forecasting a price of $41.00 for Murphy Oil in the next year.
View the latest price targets for MUR.
What is the current consensus analyst rating for Murphy Oil?: Murphy Oil currently has 5 hold ratings and 6 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for MUR.
What other companies compete with Murphy Oil?: Other companies that are similar to Murphy Oil include Viper Energy, Chord Energy, Matador Resources, Hess Midstream and Southwestern Energy. Learn More about companies similar to Murphy Oil.
How do I contact Murphy Oil's investor relations team?: Murphy Oil's physical mailing address is 300 PEACH STREET P.O. BOX 7000, EL DORADO AR, 71731. The oil and gas producer's listed phone number is (281) 675-9000 and its investor relations email address is [email protected]. The official website for Murphy Oil is www.murphyoilcorp.com. Learn More about contacing Murphy Oil investor relations.

Murphy Oil - MUR Stock Price Target and Predictions

Analyst Price Target for MUR

Current Consensus is Moderate Buy

Past Monthly Recommendations

Latest Recommendations

News Sentiment Rating

0.71 (Buy)

News Sentiment Over Time

Current Sentiment

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Today's Range

50 Day Range

52 Week Range

Volume

Average Volume

Market Capitalization

P/E Ratio

Dividend Yield

Beta

Frequently Asked Questions

What sell-side analysts currently cover shares of Murphy Oil?

What is the current price target for Murphy Oil?

What is the current consensus analyst rating for Murphy Oil?

What other companies compete with Murphy Oil?

How do I contact Murphy Oil's investor relations team?