Murphy Oil

MUR · NYSE

$43.09+$0.55 (+1.29%)TodayMarket closed · Oct 20, 7:46 PM ET

Prev close $42.54

MUR analyst rating

HoldConsensus of 13 analysts over the last 12 months. 15% rate it a buy.

Strong buy0
Buy2
Hold9
Underperform2
Sell0

12-month price target · 16 analysts

Average $40.72 (−5.5% downside)

Low: $32.32
Now: $43.09
High: $54.60

Upgrades and downgrades

The latest rating actions, newest first

MUR analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Scotiabank	Oct 15, 2026	Initiates	Sector Perform	$41.00	59%
Morgan Stanley	Oct 15, 2026	Maintains	Underweight	$36.00 → $37.00	66%
Mizuho	Oct 14, 2026	Maintains	Neutral	$41.00 → $44.00	60%
UBS	Oct 14, 2026	Maintains	Neutral	$38.00 → $40.00	55%
Wells Fargo	Sep 29, 2026	Maintains	Equal-Weight	$42.00 → $43.00	40%
Keybanc	Sep 15, 2026	Maintains	Overweight	$43.00 → $47.00	49%
Wells Fargo	Sep 14, 2026	Maintains	Equal-Weight	$41.00 → $42.00	40%
Seaport Global	Sep 3, 2026	Initiates	Neutral	—	67%
Wells Fargo	Sep 2, 2026	Maintains	Equal-Weight	$45.00 → $41.00	78%
Barclays	Aug 14, 2026	Downgrade	Equal-Weight → Underweight	$38.00 → $34.00	53%

The case for and against

Updated Jul 25, 2026

Bull case

Murphy Oil is a strong company with a solid balance sheet and positive cash flow, generating the majority of its revenue from the US. Its 2027 WTI strip price of $77/b suggests sustainable FCF yield, further supported by management's decision to stack cash for potential investment opportunities. With a high EV/EBITDA multiple of only 3.0x and a strong FCF yield, Murphy Oil's undervalued shares provide an attractive entry point for investors, especially with expected positive updates during its upcoming 2Q26 earnings.

Bear case

Murphy Oil is expected to face significant challenges due to its heavy reliance on US operations and its relatively smaller size compared to other major players in the industry. Additionally, with regulatory changes and low commodity prices, the company may struggle to generate enough revenue and cash flow to support its operations and remain competitive. The potential for unsuccessful acquisitions also adds to the company's uncertain outlook in the evolving energy market.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.