Murphy Oil Corporation (MUR)
NYSE: MUR · Real-Time Price · USD
31.60
+0.49 (1.58%)
Nov 4, 2024, 4:00 PM EST - Market closed
Murphy Oil Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for Murphy Oil stock have an average target of 41.17, with a low estimate of 36 and a high estimate of 50. The average target predicts an increase of 30.28% from the current stock price of 31.60.
Analyst Consensus: Hold
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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 3 | 3 | 1 | 1 |
| Buy | 4 | 4 | 4 | 2 | 3 | 3 |
| Hold | 5 | 5 | 6 | 7 | 7 | 9 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 13 | 12 | 11 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keybanc | Keybanc | Buy Maintains $54 → $50 | Buy | Maintains | $54 → $50 | +58.23% | Oct 16, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $44 → $43 | Buy | Maintains | $44 → $43 | +36.08% | Oct 15, 2024 |
| Scotiabank | Scotiabank | Hold Maintains $47 → $36 | Hold | Maintains | $47 → $36 | +13.92% | Oct 10, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $44 → $39 | Hold | Maintains | $44 → $39 | +23.42% | Oct 7, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $42 → $40 | Hold | Maintains | $42 → $40 | +26.58% | Oct 4, 2024 |
Financial Forecast
Revenue This Year
3.17B
from 3.45B
Decreased by -8.03%
Revenue Next Year
3.29B
from 3.17B
Increased by 3.66%
EPS This Year
3.22
from 4.22
Decreased by -23.74%
EPS Next Year
4.04
from 3.22
Increased by 25.37%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.5B | 3.7B | 4.0B |
| Avg | 3.2B | 3.3B | 3.6B |
| Low | 3.0B | 2.9B | 3.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.2% | 15.6% | 21.4% |
| Avg | -8.0% | 3.7% | 8.3% |
| Low | -13.2% | -9.6% | -3.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.84 | 6.89 | 7.19 | ||
| Avg | 3.22 | 4.04 | 4.94 | ||
| Low | 2.77 | 2.57 | 2.72 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.7% | 114.0% | 78.2% | ||
| Avg | -23.7% | 25.4% | 22.4% | ||
| Low | -34.3% | -20.2% | -32.5% |
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.