UBS lifts target for Murphy Oil stock to USD 40.00
Published on 10/17/2026 at 19:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and November results
- UBS raised its Murphy Oil target to USD 40.00 from USD 38.00 on October 14, 2026.
- Murphy Oil is scheduled to report third-quarter results on November 4, 2026.
- Murphy Oil stock costs USD 41.74 on Nasdaq on October 16, 2026, up 4.74 percent on the day.
- Murphy Oil had a price-to-earnings ratio of 20.66 and a market capitalization of USD 6.0 billion.
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. The new target sits 4.17 percent below the latest USD 41.74 price. Murphy Oil was last at USD 41.74 on Nasdaq on October 16, 2026 at 4:00 p.m. ET, up 4.74 percent on the day.
November results set the next date
Murphy Oil is scheduled to report its third-quarter 2026 results on November 4, 2026, according to Earnings Today. The company had reported second-quarter revenue of USD 926.33 million and GAAP diluted earnings per share of USD 1.59 for the quarter ended June 30, 2026. Adjusted earnings per share were USD 1.55.
Stock stays near its yearly high
Murphy Oil's latest price stood USD 1.60 below its 52-week high of USD 43.34 and USD 15.25 above its 52-week low of USD 26.49. The stock's trading volume was 1,531,764 shares against an average volume of 1,684,531 shares. Its year-to-date performance was not used as a separate headline point.
Valuation and analyst targets
The company had a market capitalization of USD 6.0 billion and a price-to-earnings ratio of 20.66. Its trailing dividend yield was 3.00 percent. MarketBeat reported a consensus Hold rating from four Buy, eight Hold and three Sell ratings, with an average target of USD 39.27, below the latest price, in its October 16, 2026 market review.
Comparison with peers
Murphy Oil (NYSE, USD): plus 4.74 percent, P/E 20.66, market capitalization USD 6.0 billion
EOG Resources (NYSE, USD): plus 4.23 percent, P/E 12.30, market capitalization USD 82.9 billion
Devon Energy (NYSE, USD): plus 3.03 percent, P/E 12.05, market capitalization USD 55.8 billion
What matters for the stock
UBS's USD 40.00 target is below the latest market price, while the November 4 reporting date gives investors the next scheduled company event. Murphy Oil's second-quarter revenue of USD 926.33 million was 33.50 percent higher than a year earlier, according to MarketBeat.
Murphy Oil stock price and market view
The market price remained below the recent high while trading above the average analyst target of USD 39.27. The next results date and the gap between the latest price and UBS's target provide the clearest dated reference points for the stock.
The further course of trading is shown by the continuously updated real-time quote of Murphy Oil stock.
Murphy Oil stock at a glance
- Company: Murphy Oil Corporation
- ISIN: US6267171022
- Ticker: MUR
- Primary exchange: NYSE
- Last price Nasdaq (as of October 16, 2026, 4:00 p.m. ET): USD 41.74
- Change on the day: plus 4.74 percent
- Market capitalization: USD 6.0 billion (as of October 16, 2026)
- 52-week range: USD 26.49-43.34
- Sector / Industry: Energy / Oil and Gas Exploration and Production
Market context: Market report S&P 500.
