Murphy Oil Rating Upgraded to Hold by Zacks Research

Analysts see potential in oil and gas producer after previous 'strong sell' rating

Mar. 11, 2026 at 11:38am

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Zacks Research has upgraded its rating on Murphy Oil (NYSE:MUR) from a 'strong sell' to a 'hold', indicating a more neutral outlook on the oil and gas producer's prospects. The upgrade comes as several other analysts have also adjusted their price targets and ratings on the company in recent months.

Why it matters

The rating upgrade from Zacks Research, a prominent investment research firm, could signal a shift in sentiment around Murphy Oil and the broader energy sector. Analyst ratings and price targets can influence investor perceptions and trading activity, making this a noteworthy development for the company.

The details

In its research note, Zacks cited a number of factors in upgrading Murphy Oil, including the company's recent financial performance and outlook. Several other analysts have also weighed in on Murphy Oil, with some increasing their price targets while others have maintained neutral ratings.

  • The rating upgrade from Zacks Research was issued on Monday, March 11, 2026.

The players

Zacks Research

A prominent investment research firm that provides analysis and ratings on publicly traded companies.

Murphy Oil

An independent upstream oil and gas company engaged in exploration, development, and production of crude oil, natural gas, and natural gas liquids.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

The takeaway

The rating upgrade from Zacks Research suggests that analysts see potential in Murphy Oil's outlook, even as the broader energy sector faces ongoing challenges. This development could influence investor sentiment and trading activity around the company's stock in the coming weeks and months.