10 Analysts Have This To Say About Murphy Oil

Comments
Loading...

During the last three months, 10 analysts shared their evaluations of Murphy Oil MUR, revealing diverse outlooks from bullish to bearish.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 1 4 4 1 0
Last 30D 0 1 0 0 0
1M Ago 1 0 0 1 0
2M Ago 0 2 2 0 0
3M Ago 0 1 2 0 0

Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $38.4, along with a high estimate of $45.00 and a low estimate of $34.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 6.09%.

price target chart

Interpreting Analyst Ratings: A Closer Look

The standing of Murphy Oil among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Mark Lear Piper Sandler Lowers Overweight $35.00 $39.00
Devin McDermott Morgan Stanley Announces Underweight $37.00 -
Neal Dingmann Truist Securities Raises Buy $42.00 $40.00
Mark Lear Piper Sandler Lowers Overweight $39.00 $42.00
William Janela Mizuho Lowers Outperform $45.00 $50.00
Josh Silverstein UBS Lowers Neutral $34.00 $38.00
Roger Read Wells Fargo Lowers Equal-Weight $35.00 $39.00
Josh Silverstein UBS Lowers Neutral $38.00 $39.00
Mark Lear Piper Sandler Lowers Overweight $42.00 $43.00
Betty Jiang Barclays Lowers Equal-Weight $37.00 $38.00

Key Insights:

  • Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Murphy Oil. This information offers a snapshot of how analysts perceive the current state of the company.
  • Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Murphy Oil compared to the broader market.
  • Price Targets: Gaining insights, analysts provide estimates for the future value of Murphy Oil's stock. This comparison reveals trends in analysts' expectations over time.

Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Murphy Oil's market position. Stay informed and make well-informed decisions with our Ratings Table.

Stay up to date on Murphy Oil analyst ratings.

About Murphy Oil

Murphy Oil Corp is an oil and gas exploration and production company, with both onshore and offshore operations and properties. It operates in two geographic reportable segments the United States and Canada. It generates the majority of its revenue form the United States.

Key Indicators: Murphy Oil's Financial Health

Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.

Revenue Growth: Murphy Oil's revenue growth over a period of 3 months has faced challenges. As of 30 September, 2024, the company experienced a revenue decline of approximately -21.03%. This indicates a decrease in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Energy sector.

Net Margin: Murphy Oil's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 18.47%, the company may encounter challenges in effective cost control.

Return on Equity (ROE): Murphy Oil's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 2.63%, the company may face hurdles in generating optimal returns for shareholders.

Return on Assets (ROA): Murphy Oil's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 1.42%, the company may face hurdles in generating optimal returns from its assets.

Debt Management: Murphy Oil's debt-to-equity ratio is below the industry average at 0.41, reflecting a lower dependency on debt financing and a more conservative financial approach.

The Basics of Analyst Ratings

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

Which Stocks Are Analysts Recommending Now?

Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. Click here to stay ahead of the market.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Overview Rating:
Good
75%
Technicals Analysis
66
0100
Financials Analysis
80
0100
Overview
Market News and Data brought to you by Benzinga APIs
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!