Murphy Oil Corporation
NYSE: MUR · ENERGY · OIL & GAS E&P
Updated 2026-04-30
Murphy Oil Corporation (MUR) Stock Valuation Analysis
Fair value estimate, historical valuation range, and quality signals for MUR.
Current price exceeds what fundamentals support. Risk/reward skewed unfavorably.
MUR historical valuation range
Where current P/E sits in MUR's own 5Y range.
MUR intrinsic value (DCF)
DCF-based fair value estimate vs current market price.
Intrinsic value calculated using discounted cash flow (DCF) model based on projected free cash flows, discount rate, and terminal growth assumptions. A positive margin of safety indicates the current price is below estimated fair value, providing a cushion against estimation error.
MUR valuation signals
Quick-read green flags, caution flags, and risks based on current metrics.
P/E Ratio — History
Current: 55.60x
P/S Ratio — History
Current: 2.13x
Is MUR overvalued in 2026?
Murphy Oil Corporation (MUR) currently trades at $41.76 per share with a market capitalization of $5,738,249,000.00. Based on our multi-factor framework, the stock appears richly valued with a Smart Value Score of 43/100. This score blends growth quality, financial health, and price attractiveness into a single institutional-grade read.
The stock trades at a P/E ratio of 55.6x, above its 5-year median of 11.4x. The PEG ratio of 0.33 suggests earnings growth is outpacing the multiple, a classic sign of undervaluation.
Looking at its own history, MUR is currently trading more expensive than 95% of the last 5Y on P/E. This places it in the 95th percentile of its historical range, a zone where forward returns have typically been muted.
Our discounted cash flow model estimates MUR's intrinsic value at $22.89 per share, against the current market price of $41.76. This implies a premium to fair value of -49.58%. The current price sits well above what projected cash flows justify, implying investors are paying for growth that has not yet materialized.
The Piotroski F-Score of 4/9 puts financial quality in a middling range, neither a standout strength nor an obvious red flag.
Bottom line: MUR appears richly valued on our framework, with a Smart Value Score of 43/100. At current levels the risk/reward is skewed against the buyer. A materially lower price or significant operational improvement would be needed to change the picture.
Frequently asked questions
Is MUR overvalued in 2026?
Based on a Smart Value Score of 43/100, MUR appears overvalued. Current price exceeds what fundamentals currently justify.
What is MUR's fair value?
Our DCF model estimates MUR's intrinsic value at $22.89 per share, versus the current price of $41.76. This produces a margin of safety of -49.58%.
What P/E ratio does MUR trade at?
MUR trades at a P/E of 55.6x on trailing twelve-month earnings, compared to its 5-year median of 11.4x.
Is MUR a buy based on valuation?
WallStSmart does not issue buy or sell recommendations. Our Smart Value Score of 43/100 reflects the combined read on growth, quality, and price. The profile skews cautious. Consider waiting for a better price or clearer operational improvement.
How does MUR's valuation compare to its history?
On P/E, MUR currently sits in the 95th percentile of its own 5Y range. That is historically expensive relative to where it has traded over the period.
What is MUR's Smart Value Score?
MUR's Smart Value Score is 43/100. The Smart Value Score is a proprietary WallStSmart metric blending growth quality, financial health, and valuation attractiveness into a single 0-100 read. Scores above 75 are rare and indicate strong multi-factor alignment.