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Murphy Oil Corp

murphyoilcorp.com

Murphy Oil Corp (NYSE: MUR) is an oil and gas exploration and production company that extracts crude oil, natural gas, and natural gas liquids primarily in the United States, Canada, and Brunei. Revenue is generated through the sale of crude oil and condensate, natural gas, and NGLs produced from operated and non-operated upstream assets. During FY2025, principal E&P activities were conducted in the U.S. through wholly-owned Murphy Exploration & Production Company – USA, in Canada through Murphy Oil Company Ltd., and internationally through Murphy Exploration & Production Company – International, with active operations and production in the U.S., Canada, and Brunei. In January 2026, Murphy signed a Petroleum Agreement for an operated 75% working interest in Morocco's Gharb Deep Offshore deepwater block, covering more than 4 million acres. The company also holds exploration positions in Brazil, Brunei, Côte d'Ivoire, and Vietnam as of the FY2025 10-K filed February 25, 2026.

Products & Services

Crude oil and condensate, natural gas, natural gas liquids (NGLs); exploration and production of hydrocarbons through wholly-owned subsidiaries in the U.S., Canada, and internationally (FY2025).

Revenue Model

Transactional revenue from the sale of crude oil and condensate, natural gas, and natural gas liquids produced from upstream E&P operations across the U.S., Canada, and Brunei (FY2025).

Customers & Markets

Commodity end markets for crude oil, natural gas, and NGLs. Specific customer names and concentration data are not disclosed in the excerpts provided.

Geographic Exposure

United States, Canada, and Brunei (active production, FY2025); exploration positions in Brazil, Côte d'Ivoire, and Vietnam; Morocco deepwater block signed January 2026.

Financial Snapshot

Revenue
TTM
$2.775B
Gross Margin
TTM
88.49%
Net Income
TTM
$84.19M
Current Assets
2026 Q1
Current Liabilities
2026 Q1
Current Ratio
2026 Q1
82.61%
Total Assets
2026 Q1
Total Liabilities
2026 Q1
Book Value
2026 Q1
$5.233B
Cash
2026 Q1
P/E
TTM
67.66
Free Cash Flow
TTM
$228.3M

Stock Price

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Market Cap: $5.6967 Billion

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