▲ +17.46% Upside Potential
This price target is based on 15 analysts offering 12 month price targets for Murphy Oil in the last 3 months. The average price target is $13.18, with a high forecast of $22.00 and a low forecast of $9.00. The average price target represents a 17.46% upside from the last price of $11.22.
The current consensus among 15 investment analysts is to hold stock in Murphy Oil. This Hold consensus rating has held steady for over two years.
Murphy Oil Corporation operates as an oil and natural gas exploration and production company in the United States, Canada, and internationally. It explores for and produces crude oil, natural gas, and natural gas liquids. The company was formerly known as Murphy Corporation and changed its name to Murphy Oil Corporation in 1964. Murphy Oil Corporation was incorporated in 1950 and is headquartered in El Dorado, Arkansas.