Forecast: (MUR) for today January 18 & Weekly Forecast from 14 January to 20 January
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Forecast: (MUR) for today January 18 & Weekly Forecast from 14 January to 20 January

Updated: January 18, 2024


Brief information about Murphy Oil Corporation

Ticker: MUR

Closing price of the last trading day: $37.69

Last trading day: 01/17/2024

Analyst forecast price: $49.33

52-week high/low: $48.16 / $32.24

Shares of Murphy Oil Corporation are traded on the stock exchange under the ticker MUR, marking their space in the competitive "Energy & transportation" sector. For stakeholders, tracking the dynamic price movement of MUR is crucial for making informed investment decisions. In a market influenced by myriad factors, predicting the trajectory of these shares becomes both a challenge and a necessity. Predictive analytics and data-driven insights play a pivotal role in forecasting the performance of MUR. The investors seeking up-to-date and accurate forecasts for Murphy Oil Corporation shares can turn to resources like Allforecast.com. The website stands out as a reliable tool offering real-time predictions, ensuring that investors are equipped with current and anticipated stock trends. On Allforecast.com, users gain access to a comprehensive analysis and predictions specifically tailored for MUR, spanning varied timeframes - from the next day's anticipations to weekly, monthly, and yearly forecasts. The platform’s real-time updating mechanism ensures that the forecasted data aligns with the ongoing market trends and economic shifts, offering users actionable insights to optimize their investment strategies. The forecasts integrate a mix of qualitative and quantitative analyses, sector-specific trends within "Energy & transportation", and broader market dynamics to present a holistic view of MUR's expected performance. By leveraging such precise and timely data, investors can strategize their moves, balancing risks and opportunities associated with Murphy Oil Corporation's stocks. Navigating through the unpredictable terrains of the stock market requires actionable insights and timely data. Allforecast.com serves as a companion for investors eyeing MUR, offering them a blend of accuracy and timeliness in predicting stock movements, aiding in informed and strategic investment choices.

Main Headquarters: Situated at 9805 KATY FWY, SUITE G-200, HOUSTON, TX, US, this location serves as the primary hub for all corporate activities.

Murphy Oil Corporation's Current Market Value: As of our last update, it's pegged at $5 894 689 000, indicating its standing in the financial landscape.

Shares Overview: Currently, 154 473 000 shares of Murphy Oil Corporation are actively traded and held by the public.

Last year's EBITDA (Earnings Before Interest, Taxes, and Depreciation) for Murphy Oil Corporation stood at 2 084 007 000$. This figure provides insights into the company's operational profitability. With this positive EBITDA, Murphy Oil Corporation showcases a favorable financial health.

The PE ratio according to the latest reporting is at around 8.05. P/E shows the investor how many years his investment in this business pays off. That is, investments in Murphy Oil Corporation shares will pay off in about 9 years. This is not a very long term in terms of investment. Basically, you can invest in this company.

In addition to fundamental factors, stocks are influenced by many other factors. For example, it is worth monitoring all global forecasts for Murphy Oil Corporation shares. Our service will help you with this, in which we collect all forecasts and build one consensus forecast from them.



Murphy Oil Corporation stock forecast

When considering an investment in Murphy Oil Corporation, prospective investors often seek insights on its long-term performance. Our platform consolidates the expert analyses and projections from renowned global analysts to offer a unified consensus forecast for 2024, 2025, 2026, 2027, and 2028.

With these forecasts at your disposal, you can address critical questions like:

What will be the price of one share of Murphy Oil Corporation in the subsequent years including 2024, 2025, 2026, 2027, and 2028?

What consensus have the analysts reached regarding the future performance of Murphy Oil Corporation stock?

Is Murphy Oil Corporation stock a viable option for both short-term and long-term investment?

Is it prudent to sell or hold Murphy Oil Corporation shares in 2024?

Is 2024 the opportune moment to buy Murphy Oil Corporation stock, or is patience a more viable strategy?

What are the anticipated entry and exit points for investing in Murphy Oil Corporation stock, according to expert forecasts?

It’s pivotal to remember that these forecasts are to be utilized as informational resources and not definitive investment advice. The final investment decision rests solely upon the investor, contingent on their risk tolerance, investment goals, and thorough analysis of Murphy Oil Corporation.

Insight into Our Forecasting Process

Our forecasting methodology encompasses the aggregation of public and expert data on Murphy Oil Corporation, coupled with a sophisticated algorithm that calculates a weighted average forecast while eliminating outliers. This ensures that our audience receives a refined and realistic projection of Murphy Oil Corporation stock’s future performance.

Murphy Oil Corporation Daily Share Price Forecast for One Month

Our team has meticulously gathered and analyzed forecasts from a diverse pool of analysts to present a consolidated average daily forecast for Murphy Oil Corporation shares over the upcoming month. It’s essential to bear in mind that short-term predictions can often be subject to significant volatility, influenced by a myriad of dynamic, real-time market factors.

As you scroll, you’ll discover a detailed graph illustrating the consensus forecast for Murphy Oil Corporation stocks over the next 30 days. The gray spectrum of the chart delineates the historical trajectory of the stock’s price, while the turquoise spectrum provides a visual representation of the anticipated price, inclusive of potential fluctuation ranges, offering insights into prospective market trends and stock behaviors.

In the dynamic world of stock trading, analysts and investors closely observe the projected highs and lows of Murphy Oil Corporation shares. Our integrated forecast predicts a peak price of $37.45 in the forthcoming 30 days, indicating the zenith of the stock's potential performance. Unfortunately, a decline is anticipated, warranting strategic planning for investors eyeing short-term gains.

On the flip side, the stock might plummet to a minimum of $29.21 within the same period. A decline of 29.02% signals caution, nudging investors towards a more conservative stance.

Consequently, a fluctuation corridor emerges, with the stock’s resistance at $37.45 and support at $29.21, indicating the oscillating nature of Murphy Oil Corporation’s stock over the one-month spectrum. These oscillations, while providing trading opportunities, should be navigated with adept knowledge and strategic foresight.

So, what’s the trajectory of Murphy Oil Corporation amidst these projections? The nuances of stock trading and investment are encapsulated in the constant ebb and flow of the market, influenced by intrinsic and extrinsic factors. Hence, a comprehensive, nuanced understanding of market dynamics, coupled with real-time analytics, emerges as the cornerstone for maximizing ROI and mitigating risks.

The evolution of Murphy Oil Corporation’s stock is akin to a narrative unfolding, shaped by myriad factors including market trends, economic indicators, and investor sentiment. Each fluctuation is a chapter of this narrative, offering insights, challenges, and opportunities to the discerning investor.

Evaluating the resilience of the support level is crucial in gauging the future trajectory of Murphy Oil Corporation shares. The anticipation is that the price will hover near the support level for 2 days. The support level at $29.21 appears to be resilient. The likelihood of this support level being breached is minimal, indicating a phase of stability for Murphy Oil Corporation stocks.

It’s imperative to remember the innate unpredictability of the stock market. The actual future value of Murphy Oil Corporation shares is subject to variables beyond predictive analytics. Nonetheless, investors can expect the stock to oscillate within the defined optimistic and pessimistic target price brackets, offering both challenges and opportunities for strategic trading and investment.

Forecast table for 30 days
Date Target Pes. Opt. Vol., %
Jan 20 35.53 34.74 36.51 5.09
Jan 21 36.17 35.13 37.25 6.05
Jan 22 36.67 35.33 37.17 5.23
Jan 23 36.32 35.77 37.45 4.69
Jan 24 35.99 35.17 36.55 3.93
Jan 25 35.92 34.85 36.83 5.69
Jan 26 36.38 35.22 37.29 5.89
Jan 27 35.48 34.63 36.95 6.70
Jan 28 34.08 33.38 35.02 4.90
Jan 29 34.46 34.05 36.12 6.07
Jan 30 32.83 32.04 33.68 5.10
Jan 31 32.89 31.61 34.45 8.99
Feb 01 32.93 31.82 33.62 5.65
Feb 02 32.42 31.79 33.25 4.59
Feb 03 33.27 31.77 33.71 6.09
Feb 04 33.19 32.12 34.53 7.50
Feb 05 34.82 34.05 35.74 4.97
Feb 06 34.59 33.49 36.26 8.24
Feb 07 33.66 33.26 34.19 2.79
Feb 08 33.38 32.98 34.00 3.10
Feb 09 33.10 31.57 33.77 6.98
Feb 10 32.66 31.17 33.99 9.05
Feb 11 32.39 30.91 33.44 8.17
Feb 12 33.84 32.91 35.25 7.10
Feb 13 35.31 34.20 36.49 6.69
Feb 14 34.69 33.40 35.23 5.48
Feb 15 33.73 33.21 34.18 2.93
Feb 16 32.07 30.86 33.21 7.61
Feb 17 30.84 29.36 32.19 9.64
Feb 18 30.42 29.21 31.42 7.56

Murphy Oil Corporation Stock Forecast 20 Jan.

Presumably, on 01/20/2024, the price of shares will be in the range of $34.74 - $36.51. A $1.77 range width can provide 5.09% volatility. The weighted average price of this range is at $35.53, which is $1.08 lower than the previous day's weighted average price.

Murphy Oil Corporation Stock Forecast 21 Jan.

Presumably, on 01/21/2024, the price of shares will be in the range of $35.13 - $37.25. A $2.13 range width can provide 6.05% volatility. The weighted average price of this range is at $36.17, which is $0.64 higher than the previous day's weighted average price.

Murphy Oil Corporation Stock Forecast 22 Jan.

Presumably, on 01/22/2024, the price of shares will be in the range of $35.33 - $37.17. A $1.85 range width can provide 5.23% volatility. The weighted average price of this range is at $36.67, which is $0.50 higher than the previous day's weighted average price.

Murphy Oil Corporation Stock Forecast 23 Jan.

Presumably, on 01/23/2024, the price of shares will be in the range of $35.77 - $37.45. A $1.68 range width can provide 4.69% volatility. The weighted average price of this range is at $36.32, which is $0.35 lower than the previous day's weighted average price.

Murphy Oil Corporation Stock Forecast 24 Jan.

Presumably, on 01/24/2024, the price of shares will be in the range of $35.17 - $36.55. A $1.38 range width can provide 3.93% volatility. The weighted average price of this range is at $35.99, which is $0.33 lower than the previous day's weighted average price.

Murphy Oil Corporation Stock Forecast 25 Jan.

Presumably, on 01/25/2024, the price of shares will be in the range of $34.85 - $36.83. A $1.98 range width can provide 5.69% volatility. The weighted average price of this range is at $35.92, which is $0.06 lower than the previous day's weighted average price.

Murphy Oil Corporation Stock Forecast 26 Jan.

Presumably, on 01/26/2024, the price of shares will be in the range of $35.22 - $37.29. A $2.07 range width can provide 5.89% volatility. The weighted average price of this range is at $36.38, which is $0.45 higher than the previous day's weighted average price.

Murphy Oil Corporation Stock Forecast 27 Jan.

Presumably, on 01/27/2024, the price of shares will be in the range of $34.63 - $36.95. A $2.32 range width can provide 6.70% volatility. The weighted average price of this range is at $35.48, which is $0.89 lower than the previous day's weighted average price.

Murphy Oil Corporation Stock Forecast 29 Jan.

Presumably, on 01/29/2024, the price of shares will be in the range of $34.05 - $36.12. A $2.07 range width can provide 6.07% volatility. The weighted average price of this range is at $34.46, which is $0.39 higher than the previous day's weighted average price.

Murphy Oil Corporation Stock Forecast 30 Jan.

Presumably, on 01/30/2024, the price of shares will be in the range of $32.04 - $33.68. A $1.64 range width can provide 5.10% volatility. The weighted average price of this range is at $32.83, which is $1.63 lower than the previous day's weighted average price.

Murphy Oil Corporation Stock Forecast 31 Jan.

Presumably, on 01/31/2024, the price of shares will be in the range of $31.61 - $34.45. A $2.84 range width can provide 8.99% volatility. The weighted average price of this range is at $32.89, which is $0.06 higher than the previous day's weighted average price.

Murphy Oil Corporation Stock Forecast 01 Feb.

Presumably, on 02/01/2024, the price of shares will be in the range of $31.82 - $33.62. A $1.80 range width can provide 5.65% volatility. The weighted average price of this range is at $32.93, which is $0.04 higher than the previous day's weighted average price.

Murphy Oil Corporation Stock Forecast 02 Feb.

Presumably, on 02/02/2024, the price of shares will be in the range of $31.79 - $33.25. A $1.46 range width can provide 4.59% volatility. The weighted average price of this range is at $32.42, which is $0.51 lower than the previous day's weighted average price.

Murphy Oil Corporation Stock Forecast 03 Feb.

Presumably, on 02/03/2024, the price of shares will be in the range of $31.77 - $33.71. A $1.94 range width can provide 6.09% volatility. The weighted average price of this range is at $33.27, which is $0.86 higher than the previous day's weighted average price.

Murphy Oil Corporation Stock Forecast 04 Feb.

Presumably, on 02/04/2024, the price of shares will be in the range of $32.12 - $34.53. A $2.41 range width can provide 7.50% volatility. The weighted average price of this range is at $33.19, which is $0.08 lower than the previous day's weighted average price.

Murphy Oil Corporation Stock Forecast 05 Feb.

Presumably, on 02/05/2024, the price of shares will be in the range of $34.05 - $35.74. A $1.69 range width can provide 4.97% volatility. The weighted average price of this range is at $34.82, which is $1.63 higher than the previous day's weighted average price.

Murphy Oil Corporation Stock Forecast 06 Feb.

Presumably, on 02/06/2024, the price of shares will be in the range of $33.49 - $36.26. A $2.76 range width can provide 8.24% volatility. The weighted average price of this range is at $34.59, which is $0.23 lower than the previous day's weighted average price.

Murphy Oil Corporation Stock Forecast 07 Feb.

Presumably, on 02/07/2024, the price of shares will be in the range of $33.26 - $34.19. A $0.93 range width can provide 2.79% volatility. The weighted average price of this range is at $33.66, which is $0.93 lower than the previous day's weighted average price.

Murphy Oil Corporation Stock Forecast 08 Feb.

Presumably, on 02/08/2024, the price of shares will be in the range of $32.98 - $34.00. A $1.02 range width can provide 3.10% volatility. The weighted average price of this range is at $33.38, which is $0.28 lower than the previous day's weighted average price.

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Murphy Oil Corporation monthly stock forecast for 2024, 2025, 2026, 2027, 2028.

Table of forecasts for 2024.
Month Target Pes. Opt. Vol., %
Feb. 37.60 35.79 40.26 11.09
Mar. 36.52 35.20 38.23 7.91
Apr. 36.87 34.12 37.80 9.72
May. 37.00 35.53 38.24 7.08
Jun. 38.95 35.77 41.48 13.75
Jul. 42.93 39.94 46.33 13.79
Aug. 40.92 38.22 43.47 12.09
Sep. 39.35 38.26 42.27 9.49
Oct. 41.38 39.79 42.62 6.64
Nov. 36.86 34.82 40.31 13.61
Dec. 38.01 35.00 40.02 12.54

Diving into a more comprehensive insight, the monthly consensus forecast is an instrumental resource for investors eyeing Murphy Oil Corporation's performance metrics. These projections are meticulously curated, leveraging insights from renowned global analysts and offering a panoramic view of the anticipated stock behaviour for the current year and beyond.

In the mid-term analysis, forecasting accuracy enhances, attributed to the diminished influence of transient market fluctuations. For this year, the zenith of Murphy Oil Corporation share’s value is anticipated to touch $46.33, offering a robust metric for investment strategies, sans the extremes of varied agency forecasts.

On the contrary, the nadir projections settle at $34.12, delineating the lower threshold and offering a holistic perspective on the risk and return landscape.

Progressing further, we have extrapolated these analytical insights to generate consensus forecasts for subsequent years. The synthesized data, presented in intuitive tabular formats, offers investors, analysts, and enthusiasts a streamlined view into the future of Murphy Oil Corporation stocks.

Anticipated Trends: Murphy Oil Corporation (MUR) Monthly Stock Trajectory for 2025

Table of forecasts for 2025.
Month Target Pes. Opt. Vol., %
Jan 33.68 32.71 36.91 11.39
Feb 33.39 30.99 35.32 12.25
Mar 37.20 33.99 40.37 15.81
Apr 40.86 39.59 43.02 7.98
May 41.06 38.25 43.13 11.31
Jun 40.32 36.59 41.57 11.99
Jul 40.70 37.87 42.90 11.73
Aug 39.63 37.77 43.15 12.45
Sep 40.53 38.64 42.87 9.87
Oct 38.64 37.38 40.86 8.51
Nov 36.41 33.48 38.07 12.05
Dec 36.54 34.52 37.64 8.27

Murphy Oil Corporation (MUR) Monthly Stock Prediction for 2026

Table of forecasts for 2026.
Month Target Pes. Opt. Vol., %
Jan 36.72 34.82 38.22 8.88
Feb 38.44 34.79 39.50 11.91
Mar 40.60 39.48 43.43 9.09
Apr 42.21 40.39 45.96 12.12
May 39.48 36.16 40.99 11.79
Jun 41.47 40.47 45.45 10.95
Jul 39.77 37.48 40.78 8.08
Aug 36.29 33.50 39.16 14.46
Sep 35.59 33.80 38.16 11.42
Oct 38.88 36.97 40.65 9.07
Nov 42.05 40.54 44.93 9.77
Dec 45.74 44.37 47.49 6.59



Murphy Oil Corporation (MUR) Monthly Stock Prediction for 2027

Table of forecasts for 2027.
Month Target Pes. Opt. Vol., %
Jan 45.79 44.03 49.69 11.39
Feb 47.06 42.54 49.77 14.52
Mar 44.57 43.07 47.57 9.45
Apr 48.58 47.30 51.50 8.15
May 47.65 45.48 49.42 7.98
Jun 43.48 42.02 45.82 8.31
Jul 41.55 38.95 45.44 14.26
Aug 43.79 42.48 47.42 10.42
Sep 44.95 43.71 46.67 6.36
Oct 48.61 44.30 50.48 12.25
Nov 51.06 48.92 54.19 9.72
Dec 49.59 46.56 51.68 9.90

Murphy Oil Corporation (MUR) Monthly Stock Prediction for 2028

Table of forecasts for 2028.
Month Target Pes. Opt. Vol., %
Jan 49.95 48.69 52.65 7.51
Feb 52.11 49.17 55.30 11.08
Mar 50.61 46.78 53.58 12.69
Apr 52.19 49.49 56.70 12.70
May 55.07 50.18 58.97 14.90
Jun 53.41 49.50 57.77 14.31
Jul 48.09 43.54 50.46 13.72
Aug 45.79 43.31 47.49 8.79
Sep 48.15 46.36 51.50 9.99
Oct 45.55 42.76 47.08 9.17
Nov 44.56 41.52 48.84 15.00
Dec 46.22 43.95 49.16 10.61


Denial of responsibility:

All submitted consensus forecasts are exposed to get acquainted with the algorithm for collecting forecasts and bringing them to a single whole. The portal allforecast.com is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.