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Murphy Oil - MUR Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $39.58
  • Forecasted Upside: 40.22%
  • Number of Analysts: 14
  • Breakdown:
  • 0 Sell Ratings
  • 9 Hold Ratings
  • 5 Buy Ratings
  • 0 Strong Buy Ratings
$28.23 As of 12/20/2024 06:40 PM ET
▲ +0.09 (0.32%)

This chart shows the closing price for MUR by one month, three months, or twelve months.

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Analyst Price Target for MUR

Analyst Price Target is $39.58
▲ +40.22% Upside Potential
This price target is based on 14 analysts offering 12 month price targets for Murphy Oil in the last 3 months. The average price target is $39.58, with a high forecast of $50.00 and a low forecast of $34.00. The average price target represents a 40.22% upside from the last price of $28.23.

This chart shows the closing price for MUR for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 14 contributing investment analysts is to hold stock in Murphy Oil. This rating has held steady since July 2024, when it changed from a Moderate Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 7 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
6/30/2023
  • 0 strong buy ratings
  • 7 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
9/28/2023
  • 0 strong buy ratings
  • 6 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
12/27/2023
  • 0 strong buy ratings
  • 6 buy ratings
  • 4 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
6/24/2024
  • 0 strong buy ratings
  • 5 buy ratings
  • 7 hold ratings
  • 0 sell ratings
Ratings as of
9/22/2024
  • 0 strong buy ratings
  • 5 buy ratings
  • 9 hold ratings
  • 0 sell ratings
Ratings as of
11/21/2024
  • 0 strong buy ratings
  • 5 buy ratings
  • 9 hold ratings
  • 0 sell ratings
Ratings as of
12/21/2024

Latest Recommendations

  • 0 strong buy ratings
  • 5 buy ratings
  • 9 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
12/17/2024Piper SandlerLower TargetOverweight ➝ Overweight$42.00 ➝ $39.00
12/16/2024MizuhoLower TargetOutperform ➝ Outperform$50.00 ➝ $45.00
12/9/2024UBS GroupLower TargetNeutral ➝ Neutral$38.00 ➝ $34.00
12/9/2024Wells Fargo & CompanyLower TargetEqual Weight ➝ Equal Weight$39.00 ➝ $35.00
11/18/2024UBS GroupLower TargetNeutral ➝ Neutral$39.00 ➝ $38.00
11/18/2024Piper SandlerLower TargetOverweight ➝ Overweight$43.00 ➝ $42.00
11/11/2024BarclaysLower TargetEqual Weight ➝ Equal Weight$38.00 ➝ $37.00
10/16/2024KeyCorpLower TargetOverweight ➝ Overweight$54.00 ➝ $50.00
10/15/2024Piper SandlerLower TargetOverweight ➝ Overweight$44.00 ➝ $43.00
10/10/2024ScotiabankLower TargetSector Perform ➝ Sector Perform$47.00 ➝ $36.00
10/7/2024The Goldman Sachs GroupLower TargetNeutral ➝ Neutral$44.00 ➝ $39.00
10/4/2024BMO Capital MarketsLower TargetMarket Perform ➝ Market Perform$42.00 ➝ $40.00
10/3/2024BarclaysLower TargetEqual Weight ➝ Equal Weight$46.00 ➝ $38.00
9/30/2024Truist FinancialLower TargetBuy ➝ Buy$55.00 ➝ $42.00
9/27/2024Wells Fargo & CompanyLower TargetEqual Weight ➝ Equal Weight$41.00 ➝ $39.00
9/18/2024UBS GroupLower TargetNeutral ➝ Neutral$45.00 ➝ $39.00
9/16/2024Morgan StanleyLower TargetEqual Weight ➝ Equal Weight$43.00 ➝ $39.00
9/16/2024MizuhoLower TargetOutperform ➝ Outperform$59.00 ➝ $50.00
9/12/2024JPMorgan Chase & Co.Lower TargetNeutral ➝ Neutral$47.00 ➝ $39.00
8/23/2024Wells Fargo & CompanyLower TargetEqual Weight ➝ Equal Weight$47.00 ➝ $41.00
8/15/2024Piper SandlerLower TargetOverweight ➝ Overweight$54.00 ➝ $44.00
8/15/2024JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$50.00 ➝ $47.00
8/13/2024UBS GroupLower TargetNeutral ➝ Neutral$49.00 ➝ $45.00
8/12/2024BarclaysLower TargetEqual Weight ➝ Equal Weight$54.00 ➝ $46.00
8/9/2024ScotiabankDowngradeStrong-Buy ➝ Hold
7/22/2024Truist FinancialLower TargetBuy ➝ Buy$59.00 ➝ $55.00
7/18/2024Wolfe ResearchInitiated CoveragePeer Perform
7/18/2024Piper SandlerLower TargetOverweight ➝ Overweight$55.00 ➝ $54.00
7/12/2024ScotiabankLower TargetSector Outperform ➝ Sector Outperform$50.00 ➝ $47.00
5/13/2024MizuhoBoost TargetBuy ➝ Buy$55.00 ➝ $59.00
4/22/2024KeyCorpBoost TargetOverweight ➝ Overweight$50.00 ➝ $54.00
4/19/2024Piper SandlerBoost TargetOverweight ➝ Overweight$49.00 ➝ $55.00
4/15/2024MizuhoBoost TargetBuy ➝ Buy$53.00 ➝ $55.00
4/11/2024ScotiabankDowngradeSector Outperform ➝ Sector Perform$46.00 ➝ $50.00
4/10/2024BarclaysInitiated CoverageEqual Weight$54.00
4/5/2024Truist FinancialBoost TargetBuy ➝ Buy$58.00 ➝ $59.00
4/4/2024JPMorgan Chase & Co.Boost TargetOverweight ➝ Overweight$51.00 ➝ $52.00
3/21/2024MizuhoReiterated RatingBuy ➝ Buy$50.00 ➝ $53.00
3/20/2024Roth MkmReiterated RatingBuy
1/30/2024Piper SandlerLower TargetOverweight ➝ Overweight$50.00 ➝ $49.00
1/29/2024UBS GroupLower TargetNeutral ➝ Neutral$45.00 ➝ $43.00
1/24/2024Piper SandlerLower TargetOverweight ➝ Overweight$56.00 ➝ $50.00
1/11/2024KeyCorpLower TargetOverweight ➝ Overweight$53.00 ➝ $50.00
12/14/2023UBS GroupLower TargetNeutral ➝ Neutral$50.00 ➝ $45.00
11/28/2023Truist FinancialReiterated RatingBuy ➝ Buy$57.00
11/16/2023Piper SandlerBoost TargetOverweight ➝ Overweight$52.00 ➝ $56.00
10/12/2023Evercore ISIBoost Target$39.00 ➝ $41.00
10/4/2023UBS GroupBoost TargetNeutral ➝ Neutral$50.00 ➝ $53.00
10/2/2023Morgan StanleyBoost TargetEqual Weight ➝ Equal Weight$46.00 ➝ $48.00
9/18/2023MizuhoBoost TargetBuy ➝ Buy$51.00 ➝ $53.00
8/28/2023Wells Fargo & CompanyBoost TargetEqual Weight ➝ Equal Weight$45.00 ➝ $46.00
8/23/2023KeyCorpBoost TargetOverweight ➝ Overweight$47.00 ➝ $53.00
8/18/2023Morgan StanleyBoost TargetEqual Weight ➝ Equal Weight$43.00 ➝ $46.00
8/17/2023UBS GroupBoost TargetNeutral ➝ Neutral$38.00 ➝ $50.00
8/16/2023MizuhoBoost TargetBuy ➝ Buy$48.00 ➝ $51.00
8/14/2023Piper SandlerBoost TargetOverweight ➝ Overweight$50.00 ➝ $53.00
8/4/2023Wells Fargo & CompanyBoost Target$40.00 ➝ $44.00
7/24/2023Truist FinancialLower Target$60.00 ➝ $52.00
7/10/2023KeyCorpInitiated CoverageOverweight$47.00
6/13/2023Piper SandlerLower Target$59.00 ➝ $51.00
6/5/2023Truist FinancialBoost Target$56.00 ➝ $60.00
5/19/2023MizuhoLower Target$50.00 ➝ $48.00
5/18/2023Piper SandlerLower Target$60.00 ➝ $59.00
5/15/2023Morgan StanleyBoost Target$43.00 ➝ $44.00
4/21/2023The Goldman Sachs GroupBoost TargetNeutral$34.00 ➝ $41.00
4/19/2023Morgan StanleyLower TargetEqual Weight$44.00 ➝ $43.00
4/19/2023Piper SandlerLower TargetOverweight$61.00 ➝ $60.00
4/19/2023UBS GroupInitiated CoverageNeutral$45.00
4/17/2023Jefferies Financial GroupUpgradeHold ➝ Buy$41.00
4/11/2023Truist FinancialUpgradeHold ➝ Buy$49.00 ➝ $56.00
3/27/2023Morgan StanleyLower TargetEqual Weight$45.00 ➝ $44.00
3/10/2023MizuhoLower Target$51.00 ➝ $50.00
3/8/2023Roth CapitalReiterated RatingBuy
3/7/2023Piper SandlerLower TargetOverweight$66.00 ➝ $61.00
1/27/2023Wells Fargo & CompanyBoost TargetEqual Weight$44.00 ➝ $47.00
1/24/2023Morgan StanleyLower TargetEqual Weight$47.00 ➝ $45.00
1/24/2023Truist FinancialBoost TargetHold$46.00 ➝ $49.00
1/10/2023Wells Fargo & CompanyLower TargetEqual Weight$48.00 ➝ $44.00
1/10/2023MizuhoReiterated RatingBuy$53.00 ➝ $51.00
12/14/2022Morgan StanleyLower TargetEqual Weight$48.00 ➝ $47.00
12/12/2022Truist FinancialDowngradeBuy ➝ Hold$46.00
12/5/2022JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$56.00
11/23/2022The Goldman Sachs GroupBoost TargetNeutral$44.00 ➝ $50.00
11/17/2022Piper SandlerBoost TargetOverweight$62.00 ➝ $68.00
11/4/2022Wells Fargo & CompanyBoost TargetEqual Weight$45.00 ➝ $48.00
10/24/2022MizuhoBoost TargetBuy$51.00 ➝ $53.00
10/19/2022The Goldman Sachs GroupBoost TargetNeutral$38.00 ➝ $44.00
10/19/2022Morgan StanleyLower TargetEqual Weight$49.00 ➝ $48.00
10/19/2022Jefferies Financial GroupInitiated CoverageHold$46.00
10/18/2022Piper SandlerBoost TargetOverweight$46.00 ➝ $62.00
9/15/2022Truist FinancialBoost TargetBuy$61.00 ➝ $73.00
8/22/2022The Goldman Sachs GroupBoost TargetNeutral$34.00 ➝ $38.00
7/22/2022Piper SandlerLower TargetOverweight$49.00 ➝ $47.00
7/20/2022MKM PartnersReiterated RatingBuy$38.00
7/19/2022MizuhoLower TargetBuy$59.00 ➝ $51.00
7/5/2022The Goldman Sachs GroupLower TargetNeutral$45.00 ➝ $34.00
6/6/2022Morgan StanleyLower TargetEqual Weight$53.00 ➝ $49.00
5/31/2022MizuhoBoost TargetBuy$58.00 ➝ $59.00
5/18/2022Piper SandlerLower TargetNA$49.00
5/5/2022JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$51.00
4/22/2022Morgan StanleyBoost TargetEqual Weight$35.00 ➝ $53.00
4/21/2022Truist FinancialBoost Target$41.00 ➝ $60.00
4/7/2022Piper SandlerUpgradeNeutral ➝ Overweight$38.00 ➝ $54.00
3/31/2022MizuhoBoost TargetBuy$42.00 ➝ $58.00
3/11/2022Wells Fargo & CompanyBoost TargetEqual Weight$30.00 ➝ $38.00
3/10/2022Piper SandlerBoost TargetNeutral$32.00 ➝ $38.00
2/11/2022MizuhoUpgradeNeutral ➝ Buy$33.00 ➝ $42.00
1/25/2022Morgan StanleyBoost TargetEqual Weight$33.00 ➝ $35.00
1/14/2022Truist FinancialBoost Target$40.00 ➝ $43.00
1/5/2022Wells Fargo & CompanyUpgradeUnderweight ➝ Equal Weight
1/3/2022MizuhoLower Target$34.00 ➝ $33.00
12/7/2021JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$29.00 ➝ $37.00
11/10/2021MKM PartnersBoost TargetBuy$34.00 ➝ $37.00
10/26/2021MizuhoBoost TargetOutperform ➝ Neutral$28.00 ➝ $34.00
10/21/2021Piper SandlerBoost TargetReduce ➝ Neutral$22.00 ➝ $29.00
10/7/2021Truist FinancialBoost TargetBuy$37.00 ➝ $40.00
10/6/2021Morgan StanleyBoost TargetEqual Weight$28.00 ➝ $32.00
7/15/2021MizuhoBoost TargetNeutral$24.00 ➝ $28.00
7/1/2021Truist FinancialBoost TargetBuy$24.00 ➝ $36.00
6/18/2021Morgan StanleyBoost TargetEqual Weight$21.00 ➝ $28.00
5/19/2021Morgan StanleyBoost TargetEqual Weight$20.00 ➝ $21.00
5/17/2021MizuhoBoost TargetNeutral$21.00 ➝ $24.00
4/20/2021MizuhoLower TargetNeutral$22.00 ➝ $21.00
4/19/2021Truist FinancialBoost Target$17.00 ➝ $21.00
4/15/2021ScotiabankUpgradeSector Perform ➝ Sector Outperform$16.00 ➝ $20.00
3/11/2021Morgan StanleyBoost TargetEqual Weight$14.00 ➝ $20.00
1/29/2021Credit Suisse GroupLower TargetNeutral$16.00 ➝ $15.00
1/21/2021KeyCorpBoost TargetOverweight$16.00 ➝ $17.00
1/14/2021ScotiabankUpgradeSector Underperform ➝ Sector Perform$11.00 ➝ $16.00
1/14/2021KeyCorpBoost TargetOverweight$15.00 ➝ $16.00
1/7/2021KeyCorpBoost TargetOverweight$13.00 ➝ $15.00
12/15/2020Wells Fargo & CompanyDowngradeEqual Weight ➝ Underweight$11.00
12/11/2020Morgan StanleyUpgradeUnderweight ➝ Equal Weight$14.00
11/19/2020ScotiabankLower TargetUnderperform$13.00 ➝ $11.00
11/6/2020Credit Suisse GroupLower TargetNeutral$15.00 ➝ $10.00
10/20/2020KeyCorpLower TargetOverweight$20.00 ➝ $13.00
9/24/2020ScotiabankReiterated RatingSector Perform ➝ Sector Underperform
9/23/2020ScotiabankDowngradeSector Perform ➝ Sector Underperform$13.00
9/14/2020MKM PartnersUpgradeNeutral ➝ Buy$15.00 ➝ $14.00
9/1/2020Truist FinancialInitiated CoverageBuy$22.00
8/26/2020Johnson RiceInitiated CoverageBuy
8/21/2020Morgan StanleyBoost TargetUnderweight$10.00 ➝ $12.00
8/13/2020Piper SandlerBoost TargetNeutral$12.00 ➝ $15.00
8/4/2020Credit Suisse GroupInitiated CoverageHold$15.00
7/15/2020Wolfe ResearchDowngradePeer Perform ➝ Underperform$11.00 ➝ $10.00
7/13/2020ScotiabankBoost TargetSector Perform$9.00 ➝ $14.00
7/8/2020Morgan StanleyBoost TargetUnderweight$9.00 ➝ $10.00
6/29/2020UBS GroupBoost TargetNeutral$5.50 ➝ $15.00
6/22/2020The Goldman Sachs GroupDowngradeBuy ➝ Neutral$13.50 ➝ $14.50
6/19/2020MizuhoUpgradeUnderperform ➝ Neutral$8.00 ➝ $16.00
6/11/2020KeyCorpBoost TargetOverweight$16.00 ➝ $20.00
6/8/2020MKM PartnersDowngradeBuy ➝ Neutral$16.00
5/21/2020MizuhoBoost TargetUnderperform$5.00 ➝ $8.00
5/19/2020Piper SandlerBoost TargetNeutral$4.00 ➝ $6.00
5/19/2020Morgan StanleyBoost TargetUnderweight$8.00 ➝ $9.00
5/8/2020Wells Fargo & CompanyDowngradeOverweight ➝ Equal Weight$10.00
5/7/2020CfraLower TargetBuy$25.00 ➝ $13.00
4/28/2020BMO Capital MarketsDowngradeOutperform ➝ Market Perform$9.00
4/3/2020MizuhoDowngradeNeutral ➝ Underperform$5.00
4/3/2020Wells Fargo & CompanyReiterated RatingBuy$11.00 ➝ $10.00
3/31/2020UBS GroupLower TargetNeutral$27.00 ➝ $5.50
3/26/2020KeyCorpLower TargetOverweight$20.00 ➝ $16.00
3/25/2020Piper SandlerLower Target$34.00 ➝ $3.00
3/20/2020Wells Fargo & CompanyUpgradeEqual Weight ➝ Overweight$24.00 ➝ $11.00
3/16/2020Morgan StanleyLower TargetUnderweight$23.00 ➝ $8.00
1/31/2020Wells Fargo & CompanyLower TargetEqual Weight$26.00 ➝ $24.00
1/23/2020KeyCorpBoost TargetOverweight$24.00 ➝ $27.00
(Data available from 12/21/2019 forward)

News Sentiment Rating

0.85 (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

Skip to Current Sentiment Summary
  • 14 very positive mentions
  • 11 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
5/25/2024
  • 10 very positive mentions
  • 5 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
6/24/2024
  • 10 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
7/24/2024
  • 15 very positive mentions
  • 12 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
8/23/2024
  • 16 very positive mentions
  • 16 positive mentions
  • 4 negative mentions
  • 1 very negative mentions
Mentions as of
9/22/2024
  • 15 very positive mentions
  • 10 positive mentions
  • 7 negative mentions
  • 0 very negative mentions
Mentions as of
10/22/2024
  • 14 very positive mentions
  • 10 positive mentions
  • 6 negative mentions
  • 2 very negative mentions
Mentions as of
11/21/2024
  • 24 very positive mentions
  • 6 positive mentions
  • 9 negative mentions
  • 0 very negative mentions
Mentions as of
12/21/2024

Current Sentiment

  • 24 very positive mentions
  • 6 positive mentions
  • 9 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Murphy Oil logo
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.
Read More

Today's Range

Now: $28.23
Low: $27.75
High: $28.57

50 Day Range

MA: $32.10
Low: $28.14
High: $35.91

52 Week Range

Now: $28.23
Low: $27.75
High: $49.14

Volume

4,403,086 shs

Average Volume

1,671,981 shs

Market Capitalization

$4.12 billion

P/E Ratio

9.11

Dividend Yield

3.96%

Beta

2.18

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, BMO Capital Markets, JPMorgan Chase & Co., KeyCorp, Mizuho, Morgan Stanley, Piper Sandler, Roth Mkm, Scotiabank, StockNews.com, The Goldman Sachs Group, Inc., Truist Financial Co., UBS Group AG, Wells Fargo & Company, and Wolfe Research.
View the latest analyst ratings for MUR.

What is the current price target for Murphy Oil?

0 Wall Street analysts have set twelve-month price targets for Murphy Oil in the last year. Their average twelve-month price target is $39.58, suggesting a possible upside of 40.2%. KeyCorp has the highest price target set, predicting MUR will reach $50.00 in the next twelve months. UBS Group AG has the lowest price target set, forecasting a price of $34.00 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 9 hold ratings and 5 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in MUR, but not buy more shares or sell existing shares.
View the latest ratings for MUR.

What other companies compete with Murphy Oil?

Other companies that are similar to Murphy Oil include Exxon Mobil, Chevron, Occidental Petroleum, Hess and Ecopetrol. 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.