UBS raises Murphy Oil stock target from USD 38.00 to USD 40.00

Published on 10/20/2026 at 21:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue was USD 926.30 million, up 36.00 percent year over year. Murphy Oil stock was EUR 38.39 at Lang & Schwarz on October 20, 2026.

Analyst target and earnings

UBS raised its Murphy Oil target from USD 38.00 to USD 40.00 on October 14, 2026.
Second-quarter revenue reached USD 926.30 million, up 36.00 percent year over year.
Murphy Oil stock was trading at EUR 38.39 at Lang & Schwarz on October 20, 2026 at 9:12 p.m. CEST.
Murphy Oil is scheduled to report third-quarter results on November 4, 2026.

MUR, US6267171022, Illustration mit AI erstellt.

UBS raised its price target for Murphy Oil from USD 38.00 to USD 40.00 on October 14, 2026, while maintaining a Neutral rating, according to Investing.com. Murphy Oil stock was trading at EUR 38.39 at Lang & Schwarz on October 20, 2026 at 9:12 p.m. CEST.

UBS target stays below the NYSE price

The new target sits below Murphy Oil's USD 43.06 NYSE price at 3:16 p.m. ET on October 20, 2026. Calculated against that home-market price, the USD 40.00 target lies 7.11 percent below the stock price. The comparison gives the analyst view a cautious tilt despite the higher target.

Investing.com said UBS cited Murphy Oil's third-quarter operational report and offshore portfolio updates. The report also referred to appraisal work in Cote d'Ivoire, where the Bubale West 1X well encountered 88 feet of high-quality oil. Further appraisal work is planned, while the next well results were pushed into 2027.

Second-quarter revenue rose 36.00 percent

Murphy Oil reported USD 926.30 million of revenue in the second quarter of 2026, up 36.00 percent from the second quarter of 2025. The company reported USD 232.18 million of net income attributable to common shareholders and diluted earnings per share of USD 1.59 for the quarter, based on standardized financial statements for the period ended June 30, 2026. Simply Wall St reported the revenue comparison and second-quarter earnings details.

The earnings call transcript published by Benzinga said second-quarter production averaged 169,000 barrels of oil equivalent per day. Murphy Oil also generated USD 110.00 million of free cash flow and returned USD 50.00 million to shareholders through dividends during the quarter.

What comes next for Murphy Oil?

Murphy Oil is scheduled to report third-quarter results on November 4, 2026, according to Simply Wall St. The next report will be important for production trends, appraisal spending and the balance between offshore investment and shareholder returns.

Murphy Oil stock and its valuation

Murphy Oil had a market capitalization of USD 6.2 billion and a trailing price-to-earnings ratio of 21.36 as of October 20, 2026. Its 52-week range was USD 26.49 to USD 43.40, placing the NYSE price of USD 43.06 just below the reported high. The company operates in the energy sector and oil and gas exploration and production industry.

Murphy Oil stock was trading at EUR 38.39 at Lang & Schwarz on October 20, 2026 at 9:12 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Murphy Oil stock.