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NYSE: MUR
Murphy Oil Corp Stock Forecast, Predictions & Price Target

Analyst price target for MUR

Based on 8 analysts offering 12 month price targets for Murphy Oil Corp.
Min Forecast
$43.00-6.62%
Avg Forecast
$52.75+14.55%
Max Forecast
$59.00+28.12%

Should I buy or sell MUR stock?

Based on 8 analysts offering ratings for Murphy Oil Corp.
Strong Buy
Strong Buy
5 analysts 62.5%
Buy
0 analysts 0%
Hold
3 analysts 37.5%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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MUR stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-22Find Out Why
lockedlocked$00.00+00.00%2024-04-19Find Out Why
lockedlocked$00.00+00.00%2024-04-15Find Out Why
lockedlocked$00.00+00.00%2024-04-11
lockedlocked$00.00+00.00%2024-04-10
Truist Securities
Top 1%
100
Strong BuyMaintains$59.00+28.12%2024-04-05Find out why
JP Morgan
Top 11%
90
Strong BuyMaintains$52.00+12.92%2024-04-04Find out why
UBS
Top 15%
86
HoldMaintains$43.00-6.62%2024-01-29

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Forecast return on equity

Is MUR forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
20.01%

Forecast return on assets

Is MUR forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

MUR revenue forecast

What is MUR's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$3.3B-4.35%
Avg 2 year Forecast
$3.6B+3.15%
Avg 3 year Forecast
$3.8B+9.41%
MUR's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

MUR earnings growth forecast

How is MUR forecast to perform vs Oil & Gas E&P companies and vs the US market?
Company
57.44%
Industry
30.23%
Market
28.64%
MUR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
MUR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
MUR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

MUR revenue growth forecast

How is MUR forecast to perform vs Oil & Gas E&P companies and vs the US market?
Company
1.36%
Industry
5.88%
Market
9.23%
MUR's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
MUR's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

MUR vs Oil and Gas Stocks

TickerPricePrice TargetUp/downsideConsensus
MUR$46.05$52.75+14.55%Strong Buy
CIVI$72.95$95.20+30.50%Strong Buy
CHRD$182.10$204.83+12.48%Strong Buy
MTDR$64.68$74.55+15.25%Strong Buy
SWN$7.40$8.09+9.31%Buy

Murphy Oil Stock Forecast FAQ

Is Murphy Oil Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NYSE: MUR) stock is to Strong Buy MUR stock.

Out of 8 analysts, 5 (62.5%) are recommending MUR as a Strong Buy, 0 (0%) are recommending MUR as a Buy, 3 (37.5%) are recommending MUR as a Hold, 0 (0%) are recommending MUR as a Sell, and 0 (0%) are recommending MUR as a Strong Sell.

If you're new to stock investing, here's how to buy Murphy Oil stock.

What is MUR's revenue growth forecast for 2024-2026?

(NYSE: MUR) Murphy Oil's forecast annual revenue growth rate of 1.36% is not forecast to beat the US Oil & Gas E&P industry's average forecast revenue growth rate of 5.88%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.23%.

Murphy Oil's revenue in 2024 is $3,460,147,000.On average, 6 Wall Street analysts forecast MUR's revenue for 2024 to be $505,581,714,388, with the lowest MUR revenue forecast at $484,212,049,886, and the highest MUR revenue forecast at $537,086,674,932. On average, 5 Wall Street analysts forecast MUR's revenue for 2025 to be $545,180,705,548, with the lowest MUR revenue forecast at $497,494,099,484, and the highest MUR revenue forecast at $602,771,336,542.

In 2026, MUR is forecast to generate $578,269,888,476 in revenue, with the lowest revenue forecast at $516,222,629,569 and the highest revenue forecast at $620,032,654,593.

What is MUR's forecast return on assets (ROA) for 2024-2026?

(NYSE: MUR) forecast ROA is N/A, which is lower than the forecast US Oil & Gas E&P industry average of N/A.

What is MUR's Price Target?

According to 8 Wall Street analysts that have issued a 1 year MUR price target, the average MUR price target is $52.75, with the highest MUR stock price forecast at $59.00 and the lowest MUR stock price forecast at $43.00.

On average, Wall Street analysts predict that Murphy Oil's share price could reach $52.75 by Apr 22, 2025. The average Murphy Oil stock price prediction forecasts a potential upside of 14.55% from the current MUR share price of $46.05.

What is MUR's forecast return on equity (ROE) for 2024-2026?

(NYSE: MUR) forecast ROE is N/A, which is considered weak.
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