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 36.33, with a low estimate of 31 and a high estimate of 45. The average target predicts an increase of 33.03% from the current stock price of 27.31.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$31	$36.33	$37	$45
Change	+13.51%	+33.03%	+35.48%	+64.77%

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	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25
Strong Buy	1	1	1	1	0	0
Buy	3	3	3	3	3	3
Hold	7	9	9	9	9	9
Sell	0	0	0	0	1	1
Strong Sell	0	0	0	0	0	0
Total	11	13	13	13	13	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Betty Jiang Barclays	Barclays	Hold Maintains $37 → $34	Hold	Maintains	$37 → $34	+24.50%	Feb 3, 2025
Josh Silverstein UBS	UBS	Hold Maintains $34 → $32	Hold	Maintains	$34 → $32	+17.17%	Feb 3, 2025
Tim Rezvan Keybanc	Keybanc	Buy Maintains $50 → $37	Buy	Maintains	$50 → $37	+35.48%	Feb 3, 2025
Neal Dingmann Truist Securities	Truist Securities	Strong Buy → Hold Downgrades $42 → $31	Strong Buy → Hold	Downgrades	$42 → $31	+13.51%	Jan 31, 2025
Roger Read Wells Fargo	Wells Fargo	Hold Maintains $35 → $31	Hold	Maintains	$35 → $31	+13.51%	Jan 31, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

2.98B

Decreased by -1.28%

from 3.02B

Revenue Next Year

3.28B

Increased by 10.13%

from 2.98B

EPS This Year

2.96

Increased by 9.42%

from 2.70

EPS Next Year

4.27

Increased by 44.32%

from 2.96

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	2.98B	3.28B	3.19B
Revenue Growth	-30.63%	43.33%	50.65%	-18.28%	-12.48%	-1.28%	10.13%	-2.80%
EPS	-7.48	-0.48	6.13	4.22	2.70	2.96	4.27	3.47
EPS Growth	-	-	-	-31.11%	-36.00%	9.42%	44.32%	-18.71%
Forward PE	-	-	-	-	-	9.24	6.40	7.88
No. Analysts	-	-	-	-	-	20	18	9

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	3.0B	3.3B	3.2B
Low	2.7B	3.0B	2.9B

Revenue Growth

Revenue Growth	2025	2026	2027
High	8.2%	19.9%	6.7%
Avg	-1.3%	10.1%	-2.8%
Low	-9.2%	1.7%	-10.9%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	4.90	6.83	5.08
Avg	2.96	4.27	3.47
Low	1.79	3.08	0.73

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	81.5%	130.9%	19.1%
Avg	9.4%	44.3%	-18.7%
Low	-33.6%	4.1%	-83.0%

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.