Murphy Oil Corporation, together with its subsidiaries, operates as an oil and 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. The company was incorporated in 1950 and is headquartered in Houston, Texas.
Financial Crossroads | Murphy Oil faces production challenges while pursuing strategic initiatives. Analysts project EPS growth, with estimates of $4.15 for FY1 and $5.55 for FY2. |
Strategic Acceleration | Delve into Murphy Oil's MUR 3.0 strategy, featuring an enhanced share buyback program. This initiative aims to counterbalance negative revisions projected for 2025. |
Global Exploration | Discover Murphy Oil's growth prospects in Vietnam and Cote D'Ivoire. These ventures offer portfolio diversification but carry inherent risks of dry wells and geopolitical complications. |
Market Outlook | Explore analysts' "Equal Weight" rating for Murphy Oil. The most recent price target of $46.00 suggests potential upside from the August 9, 2024 stock price of $36.98. |
Metrics to compare | MUR | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipMURPeersSector | |
---|---|---|---|---|
P/E Ratio | 9.2x | 11.4x | 4.6x | |
PEG Ratio | −0.26 | −0.10 | 0.00 | |
Price/Book | 0.8x | 1.0x | 1.1x | |
Price / LTM Sales | 1.4x | 1.2x | 1.1x | |
Upside (Analyst Target) | 30.1% | 36.6% | 32.4% | |
Fair Value Upside | Unlock | 24.6% | 9.9% | Unlock |