Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Benzinga Insights

What 16 Analyst Ratings Have To Say About Murphy Oil

During the last three months, 16 analysts shared their evaluations of Murphy Oil (NYSE: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 11 0 0
Last 30D 0 0 1 0 0
1M Ago 0 1 2 0 0
2M Ago 0 2 1 0 0
3M Ago 1 1 7 0 0

The 12-month price targets, analyzed by analysts, offer insights with an average target of $40.38, a high estimate of $50.00, and a low estimate of $35.00. Observing a downward trend, the current average is 11.02% lower than the prior average price target of $45.38.

Investigating Analyst Ratings: An Elaborate Study

A clear picture of Murphy Oil's perception among financial experts is painted 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
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
Tim Rezvan Keybanc Lowers Overweight $50.00 $54.00
Mark Lear Piper Sandler Lowers Overweight $43.00 $44.00
Paul Cheng Scotiabank Lowers Sector Perform $36.00 $47.00
Neil Mehta Goldman Sachs Lowers Neutral $39.00 $44.00
Phillip Jungwirth BMO Capital Lowers Market Perform $40.00 $42.00
Betty Jiang Barclays Lowers Equal-Weight $38.00 $46.00
Neal Dingmann Truist Securities Lowers Buy $42.00 $55.00
Roger Read Wells Fargo Lowers Equal-Weight $39.00 $41.00
Josh Silverstein UBS Lowers Neutral $39.00 $45.00
Devin McDermott Morgan Stanley Lowers Equal-Weight $39.00 $43.00
William Janela Mizuho Lowers Outperform $50.00 $59.00
Arun Jayaram JP Morgan Lowers Neutral $39.00 $47.00

Key Insights:

  • Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Murphy Oil. This offers insight into analysts' perspectives on 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: Analysts gauge the dynamics of price targets, providing estimates for the future value of Murphy Oil's stock. This comparison reveals trends in analysts' expectations over time.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Murphy Oil's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

Stay up to date on Murphy Oil analyst ratings.

Discovering Murphy Oil: A Closer Look

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.

Murphy Oil: Delving into Financials

Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.

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. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Energy sector.

Net Margin: Murphy Oil's net margin is impressive, surpassing industry averages. With a net margin of 18.47%, the company demonstrates strong profitability and effective cost management.

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 Core of Analyst Ratings: What Every Investor Should Know

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.

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.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.