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

OverviewForecast
EarningsDividendOwnership

Analyst price target for MUR

Based on 10 analysts offering 12 month price targets for Murphy Oil Corp.
Min Forecast
$38.00+8.14%
Avg Forecast
$49.60+41.15%
Max Forecast
$61.00+73.59%

Should I buy or sell MUR stock?

Based on 10 analysts offering ratings for Murphy Oil Corp.
Buy
Strong Buy
5 analysts 50%
Buy
0 analysts 0%
Hold
5 analysts 50%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their MUR stock forecasts and price targets.

MUR stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Piper Sandler
Top 46%
55
Strong BuyMaintains$61.00+73.59%2023-03-07
Wells Fargo
Top 4%
97
HoldMaintains$47.00+33.75%2023-01-27
Morgan Stanley
Top 1%
100
HoldMaintains$45.00+28.06%2023-01-24
Truist Securities
Top 3%
98
HoldMaintains$49.00+39.44%2023-01-24
Mizuho
Top 2%
99
Strong BuyAssumes$51.00+45.13%2023-01-10
JP Morgan
Top 15%
86
Strong BuyUpgrades$56.00+59.36%2022-12-05
Goldman Sachs
Top 9%
92
HoldMaintains$50.00+42.29%2022-11-23
Mizuho
Top 16%
85
Strong BuyMaintains$53.00+50.83%2022-10-24
Jefferies
Top 1%
100
HoldInitiates Coverage On$46.00+30.90%2022-10-19
MKM Partners
Top 1%
100
Strong BuyAssumes$38.00+8.14%2022-07-20

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Forecast return on equity

Is MUR forecast to generate an efficient return?
Company
23.11%
Industry
48.09%
Market
51.58%
MUR's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is MUR forecast to generate an efficient return on assets?
Company
11.2%
Industry
17.18%
MUR is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

MUR earnings per share forecast

What is MUR's earnings per share in the next 2 years based on estimates from 6 analysts?
Avg 1 year Forecast
$9.47+52.25%
Avg 2 year Forecast
$7.41+19.13%
MUR's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

MUR revenue forecast

What is MUR's revenue in the next 2 years based on estimates from 5 analysts?
Avg 1 year Forecast
$4.4B+11.56%
Avg 2 year Forecast
$3.9B-0.36%
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
52.25%
Industry
5.11%
Market
78.57%
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
11.56%
Industry
-2.69%
Market
25.81%
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$35.14$49.60+41.15%Buy
PR$9.77$12.29+25.80%Buy
MTDR$45.78$72.00+57.27%Strong Buy
SWN$4.86$9.04+86.05%Buy
PDCE$60.43$79.50+31.56%Buy
View Top Oil and Gas Stocks

Murphy Oil Stock Forecast FAQ

Is Murphy Oil Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 10 Wall Street analysts covering (NYSE: MUR) stock is to Buy MUR stock.

Out of 10 analysts, 5 (50%) are recommending MUR as a Strong Buy, 0 (0%) are recommending MUR as a Buy, 5 (50%) 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 earnings growth forecast for 2023-2024?

(NYSE: MUR) Murphy Oil's forecast annual earnings growth rate of 52.25% is forecast to beat the US Oil & Gas E&P industry's average forecast earnings growth rate of 5.11%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 78.57%.

Murphy Oil's earnings in 2023 is $965,047,000.On average, 6 Wall Street analysts forecast MUR's earnings for 2023 to be $1,475,072,258, with the lowest MUR earnings forecast at $1,127,721,557, and the highest MUR earnings forecast at $1,923,668,678.

In 2024, MUR is forecast to generate $1,154,201,207 in earnings, with the lowest earnings forecast at $950,152,141 and the highest earnings forecast at $1,278,811,324.

What is MUR's revenue growth forecast for 2023-2024?

(NYSE: MUR) Murphy Oil's forecast annual revenue growth rate of 11.56% is forecast to beat the US Oil & Gas E&P industry's average forecast revenue growth rate of -2.69%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 25.81%.

Murphy Oil's revenue in 2023 is $3,932,662,000.On average, 5 Wall Street analysts forecast MUR's revenue for 2023 to be $683,385,712,216, with the lowest MUR revenue forecast at $616,508,552,868, and the highest MUR revenue forecast at $804,358,303,944.

In 2024, MUR is forecast to generate $610,344,713,440 in revenue, with the lowest revenue forecast at $542,332,978,979 and the highest revenue forecast at $649,841,759,112.

What is MUR's forecast return on assets (ROA) for 2023-2024?

(NYSE: MUR) forecast ROA is 11.2%, which is lower than the forecast US Oil & Gas E&P industry average of 17.18%.

What is MUR's Price Target?

According to 10 Wall Street analysts that have issued a 1 year MUR price target, the average MUR price target is $49.60, with the highest MUR stock price forecast at $61.00 and the lowest MUR stock price forecast at $38.00.

On average, Wall Street analysts predict that Murphy Oil's share price could reach $49.60 by Mar 7, 2024. The average Murphy Oil stock price prediction forecasts a potential upside of 41.15% from the current MUR share price of $35.14.

What is MUR's Earnings Per Share (EPS) forecast for 2023-2024?

(NYSE: MUR) Murphy Oil's current Earnings Per Share (EPS) is $6.22. On average, analysts forecast that MUR's EPS will be $9.47 for 2023, with the lowest EPS forecast at $7.24, and the highest EPS forecast at $12.35. In 2024, MUR's EPS is forecast to hit $7.41 (min: $6.10, max: $8.21).

What is MUR's forecast return on equity (ROE) for 2023-2024?

(NYSE: MUR) forecast ROE is 23.11%, which is considered strong.
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