For Q1 2026, Murphy Oil reported revenue of $733.6 million, up 10.2% year-over-year. Net income was $52.99 million, down 27.5% from the prior year, with diluted EPS of $0.37 (down 26%). Operating income decreased 3.9% to $138.3 million.
•Revenue increased 10.2% YoY to $733.6 million.
•Net income fell 27.5% to $52.99 million.
•Diluted EPS was $0.37, down 26% YoY.
•Operating income declined 3.9% to $138.3 million.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Murphy Oil is an oil and gas exploration and production company globally. It explores for and produces crude oil, natural gas, and natural gas liquids. Murphy Oil Corporation was formerly known as Murphy Corporation and changed its name to Murphy Oil Corporation in 1964. Incorporated in 1950, the company is headquartered in Houston, Texas.
Murphy Oil Corporation is an oil and gas exploration and production company that operates globally. The company focuses on exploring for and producing crude oil, natural gas, and natural gas liquids. Its operations span multiple regions, leveraging technical expertise to develop hydrocarbon resources. As an independent E&P company, Murphy Oil's primary business involves the identification, acquisition, development, and production of oil and gas reserves. The company's activities include both onshore and offshore projects, with a commitment to safe and efficient operations. By extracting these resources, Murphy Oil supplies energy markets and supports downstream industries.
Where is Murphy Oil Corporation (MUR) listed and what currency is used?
Murphy Oil Corporation is listed on the New York Stock Exchange (NYSE) under the ticker symbol MUR. The company's shares are traded in US Dollars (USD), reflecting its primary listing in the United States. As a publicly traded company on the NYSE, Murphy Oil is subject to the regulatory oversight of the Securities and Exchange Commission (SEC) and must adhere to strict reporting standards. Investors can buy and sell MUR shares during regular trading hours on the NYSE, with prices quoted in USD. The company's financial statements and dividends, if any, are also denominated in US Dollars.
What sector and industry does Murphy Oil Corporation (MUR) operate in?
Murphy Oil Corporation operates in the Energy sector, specifically within the Oil & Gas Exploration & Production (E&P) industry. This means the company is primarily engaged in finding, extracting, and producing crude oil, natural gas, and natural gas liquids. As an E&P company, Murphy Oil focuses on upstream activities rather than refining or marketing. The Energy sector includes companies involved in the production and supply of energy resources, and within this sector, the Oil & Gas E&P industry is characterized by high capital intensity and exposure to commodity price fluctuations. Murphy Oil's operations are global, and it competes with other independent E&P firms.
Where is Murphy Oil Corporation (MUR) headquartered and what is its history?
Murphy Oil Corporation is headquartered in Houston, Texas, United States. The company was incorporated in 1950 and originally operated under the name Murphy Corporation before changing its name to Murphy Oil Corporation in 1964. Over the decades, it has grown into a global oil and gas exploration and production company. The Houston headquarters serves as the central hub for its worldwide operations, including strategic planning, technical support, and administrative functions. Being based in Texas places Murphy Oil in a key energy hub with access to industry talent, infrastructure, and capital markets. The company's long history reflects its evolution from a regional player to an international E&P firm.
How does Murphy Oil Corporation (MUR) generate revenue?
Murphy Oil Corporation generates revenue primarily through the sale of crude oil, natural gas, and natural gas liquids that it produces from its exploration and production activities. The company identifies and develops hydrocarbon reserves in various regions around the world, then extracts these resources and sells them in global energy markets. Revenue is influenced by commodity prices, production volumes, and operational efficiency. Murphy Oil's business model involves managing a portfolio of producing assets and exploration prospects to sustain and grow production over time. Costs include drilling, completion, production operations, and transportation. The company's financial performance is closely tied to the cyclical nature of oil and gas prices.