Fintel reports that on March 13, 2026, Barclays upgraded their outlook for Murphy Oil (NYSE:MUR) from Underweight to Equal-Weight.
Analyst Price Forecast Suggests 16.41% Downside
As of February 24, 2026, the average one-year price target for Murphy Oil is $30.76/share. The forecasts range from a low of $22.22 to a high of $37.80. The average price target represents a decrease of 16.41% from its latest reported closing price of $36.80 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Murphy Oil is 2,912MM, an increase of 8.26%. The projected annual non-GAAP EPS is 7.38.
What is the Fund Sentiment?
There are 524 funds or institutions reporting positions in Murphy Oil. This is an decrease of 283 owner(s) or 35.07% in the last quarter. Average portfolio weight of all funds dedicated to MUR is 0.11%, an increase of 24.34%. Total shares owned by institutions decreased in the last three months by 15.02% to 136,878K shares. 
The put/call ratio of MUR is 0.39, indicating a bullish outlook.
What are Other Shareholders Doing?
Charles Schwab Investment Management holds 5,573K shares representing 3.90% ownership of the company. In its prior filing, the firm reported owning 5,429K shares , representing an increase of 2.57%.
Hotchkis & Wiley Capital Management holds 4,941K shares representing 3.46% ownership of the company. In its prior filing, the firm reported owning 5,148K shares , representing a decrease of 4.19%. The firm increased its portfolio allocation in MUR by 2.06% over the last quarter.
American Century Companies holds 4,207K shares representing 2.95% ownership of the company. In its prior filing, the firm reported owning 3,737K shares , representing an increase of 11.17%.
Geode Capital Management holds 3,355K shares representing 2.35% ownership of the company. In its prior filing, the firm reported owning 3,532K shares , representing a decrease of 5.28%. The firm increased its portfolio allocation in MUR by 1.07% over the last quarter.
Earnest Partners holds 2,911K shares representing 2.04% ownership of the company. In its prior filing, the firm reported owning 3,007K shares , representing a decrease of 3.29%. The firm increased its portfolio allocation in MUR by 5.20% over the last quarter.
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This story originally appeared on Fintel.
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