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MUR
$31.96+Infinity%1D
Analyst Views on MUR
Wall Street analysts forecast MUR stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for MUR is 27.70 USD with a low forecast of 22.00 USD and a high forecast of 34.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
Wall Street analysts forecast MUR stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for MUR is 27.70 USD with a low forecast of 22.00 USD and a high forecast of 34.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
9 Hold
2 Sell
Hold
Current: 33.370
Low
22.00
Averages
27.70
High
34.00
Current: 33.370
Low
22.00
Averages
27.70
High
34.00
UBS
Neutral
maintain
$27 -> $31
2025-12-12
New
Reason
UBS
Price Target
$27 -> $31
2025-12-12
New
maintain
Neutral
Reason
UBS raised the firm's price target on Murphy Oil to $31 from $27 and keeps a Neutral rating on the shares. After three years of limited gains, the Energy sector appears positioned for a stronger 2026, supported by improving oil and natural gas outlooks, M&A-driven value creation, cost and capex efficiencies, emerging OFS opportunities, and attractive valuations, the analyst tells investors in a research note. Natural gas E&Ps are favored, though positive momentum is expected broadly across Oil E&Ps and OFS, UBS adds.
Mizuho
Neutral
maintain
$30 -> $33
2025-12-12
New
Reason
Mizuho
Price Target
$30 -> $33
2025-12-12
New
maintain
Neutral
Reason
Mizuho raised the firm's price target on Murphy Oil to $33 from $30 and keeps a Neutral rating on the shares. The firm adjusted ratings and targets in the exploration and production group as part of its 2026 outlook. While sentiment for U.S. oil and gas names is negative on oil market oversupply and high gas storage, there is "underappreciated value" in the group, particularly in exploration and production on longer-term fundamentals that could start becoming realized in 2026, the analyst tells investors in a research note. Mizuho suggests a reallocation of risk toward oil E&Ps with a selective bias in gas stocks. It turned more neutral on refining.
Piper Sandler
Overweight -> Neutral
downgrade
$34
2025-11-18
Reason
Piper Sandler
Price Target
$34
2025-11-18
downgrade
Overweight -> Neutral
Reason
Piper Sandler downgraded Murphy Oil to Neutral from Overweight with an unchanged price target of $34.
Piper Sandler
Overweight -> Neutral
downgrade
$34
2025-11-18
Reason
Piper Sandler
Price Target
$34
2025-11-18
downgrade
Overweight -> Neutral
Reason
Piper Sandler downgraded Murphy Oil to Neutral from Overweight with an unchanged price target of $34. The firm cites valuation for the downgrade. The stock has been a strong relative performer ahead of the company's exploration and appraisal catalysts anticipated with the Q4 results in January, the analyst tells investors in a research note. Piper does not expect meaningful contribution from Cote d'Ivoire and the recent Vietnam discovery until 2030, and sees risk that Murphy's higher exploration spend into fiscal 2026 could pressure the stock.
About MUR
Murphy Oil Corporation is a global oil and natural gas exploration and production company, with both onshore and offshore operations and properties. The Company produces crude oil and condensate (collectively, crude oil), natural gas and natural gas liquids (NGLs) primarily in the United States and Canada and explores for crude oil, natural gas and NGLs in targeted areas worldwide. In the United States, it produces crude oil, natural gas and NGLs primarily from fields in the Gulf of America and in the Eagle Ford Shale area of South Texas. In Canada, the Company holds working interests in Tupper Montney (100% working interest), Kaybob Duvernay and two non-operated offshore assets - the Hibernia and Terra Nova fields, located offshore Newfoundland and Labrador in the Jeanne d’Arc Basin. In Vietnam, the Company holds an interest in approximately 7.3 million gross acres, consisting of 65% working interest in Blocks 144 & 145, and a 40% interest in Block 15-1/05 and Block 15-2/17.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
