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Murphy Oil (MUR, Oil & gas producers) Stock Valuation & Fair Value

Mixed on our tests

Murphy Oil (MUR, Oil & gas producers) trades at a current P/E of 9.9, about 33% below its historical normal valuation, with a forward growth estimate of 2.1% and a PEG of 4.75. Priced at its historical normal P/E of 14.9 on the same blended earnings, the 2026-11-06 close of $35.96 corresponds to about $54.10 a share. This is a valuation reference, not a price target.

How to read these numbers: the PEG ratio and current P/E versus normal P/E.

Current P/E
9.9
Normal P/E
14.9
PEG
4.75
Fwd growth
2.1%
Div yield
3.9%
RSI (14)
35.5
Neutral
Technical context
  • Price $35.96 at the Nov 6 close, 12.2% below the 20-day average ($40.98) and 7.5% below the 50-day ($38.86).
  • RSI (14) at 35.5.
  • 52-week range $27.31 to $44.34: the price is 18.9% below the high and 31.7% above the low.

The Street vs SeerForecast

Wall Street's mean price target for MUR is $42.47 across 15 analysts, 18.1% above the current price. The average analyst rating is Hold. Our SeerForecast read of the same stock, formed without analyst targets: mixed on our tests. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating moved from mixed on our tests (2026-07-31) to weak on forward returns (2026-11-02). New rating rules took effect in the week of 2026-11-02, and this rating moved across that change, so part of the move may come from the new rules rather than the company.

Current P/E and rating by weekCurrent P/E moved from 14.5 to 12.1 between 2026-07-31 and 2026-10-30, against a normal P/E of 14.9, with 1 rating change over 14 recorded weeks.2026-07-31: P/E 14.5, Mixed on our tests, recalculated for the week of 2026-07-312026-07-31: P/E 15.0, Mixed on our tests, recorded live 2026-08-032026-08-07: P/E 15.0, Mixed on our tests, recalculated for the week of 2026-08-072026-08-07: P/E 12.6, Mixed on our tests, recorded live 2026-08-102026-08-14: P/E 12.6, Mixed on our tests, recalculated for the week of 2026-08-142026-08-14: P/E 14.8, Mixed on our tests, recorded live 2026-08-172026-08-21: P/E 14.8, Mixed on our tests, recalculated for the week of 2026-08-212026-08-21: P/E 16.6, Mixed on our tests, recorded live 2026-08-242026-08-27: P/E 16.6, Mixed on our tests, recalculated for the week of 2026-08-272026-08-28: P/E 16.6, Mixed on our tests, recalculated for the week of 2026-08-282026-08-28: P/E 16.6, Mixed on our tests, recalculated for the week of 2026-08-302026-08-28: P/E 15.6, Mixed on our tests, recorded live 2026-08-312026-09-04: P/E 15.6, Mixed on our tests, recalculated for the week of 2026-09-052026-09-04: P/E 15.5, Mixed on our tests, recorded live 2026-09-072026-09-11: P/E 15.5, Mixed on our tests, recalculated for the week of 2026-09-122026-09-11: P/E 16.5, Mixed on our tests, recorded live 2026-09-142026-09-18: P/E 16.5, Mixed on our tests, recalculated for the week of 2026-09-192026-09-18: P/E 15.9, Mixed on our tests, recorded live 2026-09-212026-09-25: P/E 15.9, Mixed on our tests, recalculated for the week of 2026-09-262026-09-25: P/E 15.2, Mixed on our tests, recorded live 2026-09-282026-10-02: P/E 15.2, Mixed on our tests, recalculated for the week of 2026-10-032026-10-02: P/E 15.3, Mixed on our tests, recorded live 2026-10-052026-10-09: P/E 15.3, Mixed on our tests, recalculated for the week of 2026-10-102026-10-09: P/E 15.0, Mixed on our tests, recorded live 2026-10-122026-10-16: P/E 15.0, Mixed on our tests, recalculated for the week of 2026-10-172026-10-16: P/E 12.5, Mixed on our tests, recorded live 2026-10-192026-10-23: P/E 12.4, Mixed on our tests, recorded live 2026-10-262026-10-30: P/E 12.4, Weak on forward returns, recalculated for the week of 2026-10-312026-10-30: P/E 12.1, Weak on forward returns, recorded live 2026-11-0214.016.0Jul 31Aug 23Sep 15Oct 7Oct 30Normal P/E 14.9
Mixed on our testsWeak on forward returns

Not every point was recorded live. Points marked recalculated are worked out from the metrics tickerseer archived that week.

Selected weeks: the first, the latest, every week the rating moved, and the cheapest and dearest.

WeekCurrent P/EPremium to normal P/ERating
2026-07-31P/E 14.5-3%Mixed on our tests (recalculated)
2026-08-24P/E 16.6+11%Mixed on our tests
2026-10-31P/E 12.4-17%Weak on forward returns (recalculated) (across a rating rules change)
2026-11-02P/E 12.1-19%Weak on forward returns ← now
Show all 29 readings
WeekCurrent P/EPremium to normal P/ERating
2026-07-31P/E 14.5-3%Mixed on our tests (recalculated)
2026-08-03P/E 15.0+1%Mixed on our tests
2026-08-07P/E 15.0+1%Mixed on our tests (recalculated)
2026-08-10P/E 12.6-16%Mixed on our tests
2026-08-14P/E 12.6-16%Mixed on our tests (recalculated)
2026-08-17P/E 14.8-1%Mixed on our tests
2026-08-21P/E 14.8-1%Mixed on our tests (recalculated)
2026-08-24P/E 16.6+11%Mixed on our tests
2026-08-27P/E 16.6+11%Mixed on our tests (recalculated)
2026-08-28P/E 16.6+11%Mixed on our tests (recalculated)
2026-08-30P/E 16.6+11%Mixed on our tests (recalculated)
2026-08-31P/E 15.6+5%Mixed on our tests
2026-09-05P/E 15.6+5%Mixed on our tests (recalculated)
2026-09-07P/E 15.5+4%Mixed on our tests
2026-09-12P/E 15.5+4%Mixed on our tests (recalculated)
2026-09-14P/E 16.5+10%Mixed on our tests
2026-09-19P/E 16.5+10%Mixed on our tests (recalculated)
2026-09-21P/E 15.9+6%Mixed on our tests
2026-09-26P/E 15.9+6%Mixed on our tests (recalculated)
2026-09-28P/E 15.2+2%Mixed on our tests
2026-10-03P/E 15.2+2%Mixed on our tests (recalculated)
2026-10-05P/E 15.3+3%Mixed on our tests
2026-10-10P/E 15.3+3%Mixed on our tests (recalculated)
2026-10-12P/E 15.0+1%Mixed on our tests
2026-10-17P/E 15.0+1%Mixed on our tests (recalculated)
2026-10-19P/E 12.5-16%Mixed on our tests
2026-10-26P/E 12.4-17%Mixed on our tests
2026-10-31P/E 12.4-17%Weak on forward returns (recalculated) (across a rating rules change)
2026-11-02P/E 12.1-19%Weak on forward returns ← now

Frequently asked questions

Is Murphy Oil stock overvalued?

At a current P/E of 9.9 versus its historical normal P/E of 14.9, Murphy Oil trades about 33% below its typical valuation, with a PEG of 4.75 on 2.1% forward growth. tickerseer currently rates it mixed on our tests.

What is Murphy Oil's fair value and PEG?

Murphy Oil trades at a current P/E of 9.9 against a historical normal P/E of 14.9, a PEG of 4.75, and a forward growth estimate of 2.1%. Priced at its historical normal P/E of 14.9 on the same blended earnings, the 2026-11-06 close of $35.96 corresponds to about $54.10 a share. This is a valuation reference, not a price target.

Has tickerseer's rating of Murphy Oil changed?

tickerseer's rating moved from mixed on our tests (2026-07-31) to weak on forward returns (2026-11-02). New rating rules took effect in the week of 2026-11-02, and this rating moved across that change, so part of the move may come from the new rules rather than the company.

What is the analyst price target for Murphy Oil?

The mean Wall Street price target for Murphy Oil is $42.47 across 15 analysts, 18.1% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Oil & gas producers. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and an AI research note where we have one. Options setups and metric history are part of the paid plans.

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