Earnings summaries and quarterly performance for MURPHY OIL.
Executive leadership at MURPHY OIL.
Eric M. Hambly
Detailed
President and Chief Executive Officer
CEO
DR
Daniel R. Hanchera
Detailed
Senior Vice President, Business Development
ET
E. Ted Botner
Detailed
Executive Vice President, General Counsel and Corporate Secretary
TJ
Thomas J. Mireles
Detailed
Executive Vice President and Chief Financial Officer
Board of directors at MURPHY OIL.
CP
Claiborne P. Deming
Detailed
Chair of the Board
EW
Elisabeth W. Keller
Detailed
Director
JW
Jeffrey W. Nolan
Detailed
Director
LA
Laura A. Sugg
Detailed
Director
LR
Lawrence R. Dickerson
Detailed
Director
MA
Michelle A. Earley
Detailed
Director
RM
R. Madison Murphy
Detailed
Director
RB
Robert B. Tudor, III
Detailed
Director
RN
Robert N. Ryan, Jr.
Detailed
Director
Research analysts who have asked questions during MURPHY OIL earnings calls.
AJ
Arun Jayaram
JPMorgan Chase & Co.
4 questions for MUR
Also covers: APA, AR, BKR +33 more
CE
Carlos Escalante
Wolfe Research
4 questions for MUR
Also covers: CNQ, CRK, DINO +2 more
LM
Leo Mariani
ROTH MKM
4 questions for MUR
Also covers: APA, AR, CIVI +16 more
PC
Paul Cheng
Scotiabank
4 questions for MUR
Also covers: APA, BP, CLNE +20 more
CM
Charles Meade
Johnson Rice & Company L.L.C.
3 questions for MUR
Also covers: APA, BRY, COP +17 more
Neil Mehta
Goldman Sachs
3 questions for MUR
Also covers: AESI, APA, AR +36 more
ND
Neal Dingmann
Truist Securities
2 questions for MUR
Also covers: APA, CHRD, CIVI +33 more
TR
Timothy Rezvan
KeyBanc Capital Markets Inc.
2 questions for MUR
Also covers: BKV, BSM, CIVI +10 more
Chris Baker
Evercore ISI
1 question for MUR
Also covers: BKV, GRNT, VNOM
DM
Devin Mcdermott
Morgan Stanley
1 question for MUR
Also covers: COP, CVX, EQT +3 more
Geoff Jay
Daniel Energy Partners
1 question for MUR
Also covers: BKV, CHRD, CVX +4 more
JJ
Jeff Jain
VL Energy Partners
1 question for MUR
JS
Joshua Silverstein
UBS Group AG
1 question for MUR
Also covers: AR, CHRD, COP +9 more
Margaret Drefke
Goldman Sachs
1 question for MUR
Also covers: CRK, NFG, TALO +1 more
Phillip Jungwirth
BMO Capital Markets
1 question for MUR
Also covers: AR, CIVI, COP +17 more
WJ
Wei Jiang
Barclays
1 question for MUR
Also covers: APA, AR, BKV +9 more
Recent press releases and 8-K filings for MUR.
Murphy Oil Prices $500 Million Senior Notes
MUR
Debt Issuance
- Murphy Oil Corporation announced the pricing of an offering of $500 million of 6.500% Senior Notes due 2034.
- The offering is expected to close on January 23, 2026.
- The net proceeds will be used to fund the redemption of its 5.875% notes due 2027 and 6.375% notes due 2028, repay outstanding borrowing under its revolving credit facility, and for general corporate purposes.
Jan 9, 2026, 12:32 AM
Murphy Oil Corporation Announces $500 Million Senior Notes Offering
MUR
Debt Issuance
- Murphy Oil Corporation announced an offering of $500 million of Senior Notes due 2034 on January 8, 2026.
- The company intends to use the net proceeds from the offering to redeem its 5.875% notes due 2027 and 6.375% notes due 2028, repay outstanding borrowings under its revolving credit facility, cover transaction fees, and for general corporate purposes.
- The redemptions are conditioned upon the successful completion of the offering.
Jan 8, 2026, 1:01 PM
Murphy Oil Corporation Amends Credit Agreement and Reports Vietnam Exploration Success
MUR
Debt Issuance
New Projects/Investments
Guidance Update
- Murphy Oil Corporation amended its credit agreement on January 2, 2026, extending the scheduled maturity from October 7, 2029 to January 2, 2031, and increasing total commitments from $1.35 billion to $2.00 billion.
- The company announced the successful drilling of the Hai Su Vang-2X (HSV-2X) appraisal well in Vietnam, which encountered 429 feet of net oil pay and achieved a production rate of 6,000 barrels of oil per day during flow testing. The updated high end of recoverable resources for the primary reservoir now exceeds 430 MMBOE.
- As of January 2, 2026, Murphy Oil Corporation had ~$2.3 billion in liquidity, including $1.9 billion undrawn on its credit facility and ~$350 million cash.
- The company reaffirmed its CAPEX guidance of $1.1–$1.3 billion for 2026.
Jan 6, 2026, 10:18 PM
Murphy Oil Announces Appraisal Success at Hai Su Vang Field
MUR
New Projects/Investments
Guidance Update
- Murphy Oil Corporation announced the successful drilling of the Hai Su Vang-2X (HSV-2X) appraisal well in Vietnam, which encountered 429 feet of net oil pay and deepened the proven oil-down-to by 413 feet, extending the total hydrocarbon column to approximately 1,600 feet.
- The primary reservoir of the HSV-2X appraisal well achieved a production rate of 6,000 barrels of oil per day during flow testing.
- This success confirms Hai Su Vang as a significant discovery, with the updated midpoint of recoverable resources for the primary reservoir now towards the high end of the previously communicated range of 170 to 430 MMBOE, and the high end of the new range exceeding 430 MMBOE.
- Murphy Oil will continue its appraisal campaign with the HSV-3X and HSV-4X wells and reaffirmed its 2026 CAPEX guidance of $1.1–$1.3 billion.
- Murphy's subsidiaries hold a 40 percent working interest in Block 15-2/17 and Block 15-1/05, where the appraisal wells are located.
Jan 6, 2026, 9:30 PM
Murphy Oil Corporation Reports Q3 2025 Results and Provides Q4/FY 2025 Guidance
MUR
Earnings
Guidance Update
New Projects/Investments
- Murphy Oil Corporation reported Q3 2025 production of 200 MBOEPD, generating $681 million in revenue.
- As of September 30, 2025, the company maintained ~$1.6 billion in liquidity and a low leverage of 1.0x.
- $46 million was returned to shareholders in Q3 2025, contributing to $240 million returned year-to-date 2025.
- For Q4 2025, production guidance is 176-184 MBOEPD with accrued CAPEX of $392 million.
- Operational highlights include the spudding of the Hai Su Vang-2X appraisal well on October 2 and the installation of the Lac Da Vang-A platform jacket in 4Q 2025, targeting first oil in 4Q 2026.
Nov 6, 2025, 2:00 PM
Murphy Oil Reports Strong Q3 2025 Operational Performance and Outlines 2026 Capital Plans
MUR
Earnings
Guidance Update
New Projects/Investments
- Murphy Oil Corporation reported strong operational performance in Q3 2025, exceeding production guidance with 200,000 barrels of oil equivalent per day total production and 94,000 barrels per day of oil production.
- Operating costs in Q3 2025 averaged $9.39 per BOE, a 20% reduction from the prior quarter, and capital expenditures totaled $164 million, below guidance.
- The company is progressing key international projects, including the Lac Da Vang Golden Camel field development and the Savette exploration well in C\u00f4te d'Ivoire, which has a mean potential of over 400 million barrels.
- Onshore assets like Eagle Ford and Montney showed strong performance, with initial rates 50-100% above historical levels and breakevens as low as $20-$35.
- For 2026, Murphy anticipates a capital program in the $1.1 billion-$1.3 billion range, potentially with slightly higher exploration spending and a slightly lower onshore program. The company is less likely to be active in share repurchases at current commodity prices.
Nov 6, 2025, 2:00 PM
Murphy Oil Reports Q3 Results
MUR
Earnings
New Projects/Investments
- Murphy Oil Corp. reported a third-quarter net loss of $2.97 million, primarily due to a $92 million non-cash impairment related to the Dalmatian field.
- Despite the net loss, the company's adjusted earnings per share of 41 cents significantly exceeded Wall Street expectations, and revenue reached $733 million, surpassing forecasts due to strong operational performance.
- The company's stock has experienced an over 11% decline in 2025, and analysts maintain a 'hold' rating with a median price target approximately equal to the current share price.
Nov 6, 2025, 11:16 AM
Murphy Oil Corporation Announces Third Quarter 2025 Results
MUR
Earnings
Guidance Update
Dividends
- Murphy Oil Corporation reported a net loss of $(3.0) million, or $(0.02) per diluted share, but an adjusted net income of $58.1 million, or $0.41 per diluted share, for Q3 2025.
- The company delivered a sequential increase in production to 200,383 BOEPD total production and 94,067 BOPD oil production in Q3 2025.
- Murphy reduced debt by $50 million and paid $46 million in dividends during the third quarter of 2025.
- Accrued capital expenditures (CAPEX) for Q3 2025 were $163.9 million, and the company reaffirmed its full year 2025 production and CAPEX guidance.
- Adjusted free cash flow for Q3 2025 was $124.4 million.
Nov 5, 2025, 9:58 PM
Murphy Oil Corporation Announces Third Quarter 2025 Results
MUR
Earnings
Guidance Update
New Projects/Investments
- Murphy Oil Corporation reported a net loss from continuing operations attributable to Murphy of $3.0 million and a diluted net loss per common share of $0.02 for the third quarter ended September 30, 2025.
- The company delivered a sequential increase in total production to 200,383 BOEPD and oil production to 94,067 BOPD in the third quarter of 2025, outperforming guidance.
- Murphy Oil reduced debt by $50 million and returned $46 million to shareholders through quarterly dividends in the third quarter of 2025. The company also has $550 million remaining under its share repurchase authorization as of September 30, 2025.
- The company reaffirmed its full-year 2025 production guidance of 174,500 to 182,500 BOEPD and capital expenditures guidance of $1,135 million to $1,285 million.
- Subsequent to the third quarter, Murphy completed the installation of the platform jacket and initiated development drilling at the Lac Da Vang (Golden Camel) project in Vietnam, which remains on schedule for first oil in the fourth quarter of 2026.
Nov 5, 2025, 9:55 PM
Murphy Oil Reports Q3 2025 Results with Strong Production and Adjusted Free Cash Flow
MUR
Earnings
Guidance Update
Share Buyback
- Murphy Oil Corporation reported a net loss of $3.0 million, or $0.02 net loss per diluted share, for the third quarter of 2025, primarily due to a $92 million non-cash pre-tax impairment related to the Dalmatian field. However, the company achieved an adjusted net income of $58.1 million, or $0.41 per diluted share, and generated $124.4 million in adjusted free cash flow.
- The company's operational performance exceeded expectations, with third-quarter production reaching 200.4 thousand barrels of oil equivalent per day (MBOEPD), surpassing its guidance range. Operating expenses improved significantly to $9.39 per BOE, a 20 percent decrease from the second quarter.
- Murphy Oil updated its full-year 2025 production outlook, expecting it to be closer to the high end of the 174.5 to 182.5 MBOEPD guidance range. Capital expenditures for Q3 2025 were $164 million, with Q4 CAPEX projected between $370 million and $390 million.
- The company maintained a strong balance sheet, reporting $1.4 billion in total debt and $1.0 billion in net debt at the end of Q3 2025. It also returned capital to shareholders, distributing $139.8 million in dividends and repurchasing $100.0 million of stock during the first three quarters of 2025.
Nov 5, 2025, 9:55 PM
Quarterly earnings call transcripts for MURPHY OIL.
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