Murphy Oil Corporation (MUR)

Murphy Oil Stock Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for Murphy Oil stock have an average target of 34.75, with a low estimate of 28 and a high estimate of 45. The average target predicts an increase of 21.46% from the current stock price of 28.61.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$28	$34.75	$34	$45
Change	-2.13%	+21.46%	+18.84%	+57.29%

Analyst Ratings

The average analyst rating for Murphy Oil stock from 13 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	1	1	1	0	0	0
Buy	3	3	3	3	3	3
Hold	9	9	9	9	9	9
Sell	0	0	0	1	1	1
Strong Sell	0	0	0	0	0	0
Total	13	13	13	13	13	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Devin McDermott Morgan Stanley	Morgan Stanley	Sell Maintains $37 → $32	Sell	Maintains	$37 → $32	+11.85%	Mar 27, 2025
Betty Jiang Barclays	Barclays	Hold Maintains $34 → $32	Hold	Maintains	$34 → $32	+11.85%	Mar 18, 2025
Arun Jayaram JP Morgan	JP Morgan	Hold Maintains $33 → $28	Hold	Maintains	$33 → $28	-2.13%	Mar 13, 2025
Mark Lear Piper Sandler	Piper Sandler	Buy Maintains $35 → $34	Buy	Maintains	$35 → $34	+18.84%	Mar 6, 2025
Betty Jiang Barclays	Barclays	Hold Maintains $37 → $34	Hold	Maintains	$37 → $34	+18.84%	Feb 3, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

2.94B

Decreased by -2.64%

from 3.02B

Revenue Next Year

3.25B

Increased by 10.45%

from 2.94B

EPS This Year

3.02

Increased by 11.61%

from 2.70

EPS Next Year

4.18

Increased by 38.48%

from 3.02

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	1.95B	2.80B	4.22B	3.45B	3.02B	2.94B	3.25B	3.19B
Revenue Growth	-30.63%	43.33%	50.65%	-18.28%	-12.48%	-2.64%	10.45%	-1.73%
EPS	-7.48	-0.48	6.13	4.22	2.70	3.02	4.18	3.74
EPS Growth	-	-	-	-31.11%	-36.00%	11.61%	38.48%	-10.35%
Forward PE	-	-	-	-	-	9.49	6.85	7.64
No. Analysts	-	-	-	-	-	20	19	10

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	3.3B	3.6B	3.5B
Avg	2.9B	3.2B	3.2B
Low	2.5B	2.9B	2.9B

Revenue Growth

Revenue Growth	2025	2026	2027
High	8.2%	21.6%	7.9%
Avg	-2.6%	10.4%	-1.7%
Low	-17.4%	-1.3%	-10.0%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	4.90	6.75	5.08
Avg	3.02	4.18	3.74
Low	1.71	1.99	0.73

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	81.5%	123.9%	21.7%
Avg	11.6%	38.5%	-10.4%
Low	-36.9%	-34.0%	-82.6%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.