Tearsheet

Murphy Oil (MUR)

Market Price (2/23/2026): $33.735 | Market Cap: $4.8 Bil
Sector: Energy | Industry: Oil & Gas Exploration & Production

Murphy Oil (MUR)

Market Price (2/23/2026): $33.735
Market Cap: $4.8 Bil
Sector: Energy
Industry: Oil & Gas Exploration & Production

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0	Attractive yield Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.8%, Dividend Yield is 3.8%, FCF Yield is 8.4%	Trading close to highs Dist 52W High is -1.0%	Weak revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -14%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -12%, Rev Chg QQuarterly Revenue Change % is -4.3%
1	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 52%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 15%	Weak multi-year price returns 2Y Excs Rtn is -44%, 3Y Excs Rtn is -80%	Key risks MUR key risks include [1] a deteriorating success rate in its exploration programs, Show more.
2	Megatrend and thematic drivers Megatrends include US Energy Independence, and Global Energy Supply & Security. Themes include US Oilfield Technologies, and Offshore Oil & Gas Exploration & Production.

0	Attractive yield Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.8%, Dividend Yield is 3.8%, FCF Yield is 8.4%
1	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 52%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 15%
2	Megatrend and thematic drivers Megatrends include US Energy Independence, and Global Energy Supply & Security. Themes include US Oilfield Technologies, and Offshore Oil & Gas Exploration & Production.
3	Trading close to highs Dist 52W High is -1.0%
4	Weak multi-year price returns 2Y Excs Rtn is -44%, 3Y Excs Rtn is -80%
5	Weak revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -14%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -12%, Rev Chg QQuarterly Revenue Change % is -4.3%
6	Key risks MUR key risks include [1] a deteriorating success rate in its exploration programs, Show more.

Valuation, Metrics & Events

	2/23/26	2025	2024	2023	2022	2021
Share Price CYE	$33.73	$31.25	$30.26	$42.66	$43.01	$26.11
Market Cap CYE ($ Bil)	4.8	4.5	4.5	6.6	6.7	4.0
Total Debt ($ Bil)	2.2	2.2	2.2	2.4	2.8	3.6
Total Cash ($ Bil)	0.4	0.4	0.3	0.3	0.5	0.5
Enterprise Value ($ Bil)	6.6	6.7	6.7	9.0	9.5	7.6
Valuation Ratios
P/S TTM	1.8	1.6	1.4	1.8	1.7	1.6
P/EBIT TTM	13.8	12.8	6.1	5.7	4.2	-18.9
P/E TTM	33.7	31.3	9.6	8.9	7.2	-9.7
P/FCF TTM	11.9	11.0	4.9	10.8	7.0	6.9
Sector Ratios
P/S TTM (Sector)	1.6	1.4	1.6	1.5	1.3	1.4
P/EBIT TTM (Sector)	9.5	7.6	6.0	5.7	4.0	0.0
P/E TTM (Sector)	15.0	11.6	9.6	8.1	5.2	-1.5
P/FCF TTM (Sector)	9.9	8.2	7.2	7.5	5.0	6.0

	2/23/26	2025	2024
Share Price CYE	$33.73	$31.25	$30.26
Market Cap CYE ($ Bil)	4.8	4.5	4.5
Total Debt ($ Bil)	2.2	2.2	2.2
Total Cash ($ Bil)	0.4	0.4	0.3
Enterprise Value ($ Bil)	6.6	6.7	6.7
Valuation Ratios
P/S TTM	1.8	1.6	1.4
P/EBIT TTM	13.8	12.8	6.1
P/E TTM	33.7	31.3	9.6
P/FCF TTM	11.9	11.0	4.9
Sector Ratios
P/S TTM (Sector)	1.6	1.4	1.6
P/EBIT TTM (Sector)	9.5	7.6	6.0
P/E TTM (Sector)	15.0	11.6	9.6
P/FCF TTM (Sector)	9.9	8.2	7.2

	MUR	S&P 500
REVENUE GROWTH	VERY POOR
Rev LTM ($ Bil)	2.7
Rev Chg Q	-4.3%	7.6%
Rev Chg LTM	-13.9%	6.5%
Rev Chg 3Y Avg	-11.7%	5.6%
PROFITABILITY	FAIR
Op Inc LTM ($ Bil)	0.5
CFO LTM ($ Bil)	1.4
Net Inc LTM ($ Bil)	0.1
Op Mgn LTM	17.9%	18.8%
CFO/Rev LTM	52.1%	20.7%
Net Inc Mgn	5.2%	12.8%
VALUATION	MODERATE
P/S	1.8	3.4
P/CFO	3.4	16.5
P/FCF	11.9	21.4
P/E	33.7	25.1
STABILITY	FAIR
Debt/Equity	0.46	0.20
Cash/Assets	0.04	0.07

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Metric	Value	Date	Source
Total Production	200,400 barrels of oil equivalent per day	11052025	Link
Oil Production	94,100 barrels per day	11052025	Link
Total Net Crude Oil and Condensate Production	100,065 barrels per day	11052025	Link
Total Net Natural Gas Liquids Production	12,984 barrels per day	11052025	Link
Total Net Natural Gas Production	563,319 Mcf per day	11052025	Link
Preliminary Year-End Proved Reserves	713 MMBOE	1302025	Link
Total Reserve Replacement	83 percent	1302025	Link
Reserve Life	11 years	1302025	Link
New Wells Online (Operated - Eagle Ford Shale)	10	11052025	Link
New Wells Online (Non-Operated - Eagle Ford Shale)	7	11052025	Link
New Wells Online (Kaybob Duvernay)	4	11052025	Link

Recent
1/28/2026	Earnings Release	Rev: $642 Mil (A) vs. $598 Mil (E) EPS: 0.14 (A) vs. $-0.08 (E)
2/17/2026	Dividend	Amount: $0.35 Payment On: 3/02/2026
Upcoming
5/06/2026	Earnings Release	Rev: $598 Mil (E) EPS: $-0.02 (E)

Price Chart

Return (1M):

Why The Stock Moved

Qualitative Assessment

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Murphy Oil (MUR) stock has gained about 20% since 10/31/2025 because of the following key factors:

1. Strong Q4 2025 Earnings Beat.

Murphy Oil significantly surpassed analyst expectations for its fourth quarter 2025 earnings, reporting an earnings per share (EPS) of $0.14 against an estimated -$0.05, which represents a 380% beat.

2. Successful Exploration Outcomes and Operational Efficiency.

The company announced successful oil discoveries in the Gulf of America (Cello #1 and Banjo #1 wells with 30 and 50 feet of net pay, respectively) and a highly successful appraisal well at Hai Su Vang-2X in offshore Vietnam, which encountered 429 feet of net oil pay. These exploration successes were complemented by strong operational execution, leading to a 20% reduction in lease operating expenses year-over-year in 2025 and capital expenditures for Q4 2025 that were below guidance due to efficiency gains.

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Stock Movement Drivers

Fundamental Drivers

The 21.7% change in MUR stock from 10/31/2025 to 2/22/2026 was primarily driven by a 143.0% change in the company's P/E Multiple.

(LTM values as of)	10312025	2222026	Change
Stock Price ($)	27.71	33.73	21.7%
Change Contribution By:
Total Revenues ($ Mil)	2,779	2,746	-1.2%
Net Income Margin (%)	10.2%	5.2%	-49.3%
P/E Multiple	13.9	33.7	143.0%
Shares Outstanding (Mil)	143	143	0.0%
Cumulative Contribution			21.7%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 2/22/2026

	Return	Correlation
MUR	21.7%
Market (SPY)	1.1%	23.8%
Sector (XLE)	24.5%	66.7%

Fundamental Drivers

The 40.9% change in MUR stock from 7/31/2025 to 2/22/2026 was primarily driven by a 281.1% change in the company's P/E Multiple.

(LTM values as of)	7312025	2222026	Change
Stock Price ($)	23.95	33.73	40.9%
Change Contribution By:
Total Revenues ($ Mil)	2,896	2,746	-5.2%
Net Income Margin (%)	13.5%	5.2%	-61.4%
P/E Multiple	8.9	33.7	281.1%
Shares Outstanding (Mil)	144	143	1.1%
Cumulative Contribution			40.9%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2025 to 2/22/2026

	Return	Correlation
MUR	40.9%
Market (SPY)	9.4%	31.3%
Sector (XLE)	26.9%	70.3%

Fundamental Drivers

The 34.7% change in MUR stock from 1/31/2025 to 2/22/2026 was primarily driven by a 326.8% change in the company's P/E Multiple.

(LTM values as of)	1312025	2222026	Change
Stock Price ($)	25.04	33.73	34.7%
Change Contribution By:
Total Revenues ($ Mil)	3,191	2,746	-13.9%
Net Income Margin (%)	14.8%	5.2%	-65.0%
P/E Multiple	7.9	33.7	326.8%
Shares Outstanding (Mil)	149	143	4.7%
Cumulative Contribution			34.7%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2025 to 2/22/2026

	Return	Correlation
MUR	34.7%
Market (SPY)	15.6%	55.8%
Sector (XLE)	28.3%	82.4%

Fundamental Drivers

The -12.7% change in MUR stock from 1/31/2023 to 2/22/2026 was primarily driven by a -77.8% change in the company's Net Income Margin (%).

(LTM values as of)	1312023	2222026	Change
Stock Price ($)	38.63	33.73	-12.7%
Change Contribution By:
Total Revenues ($ Mil)	3,996	2,746	-31.3%
Net Income Margin (%)	23.4%	5.2%	-77.8%
P/E Multiple	6.4	33.7	424.8%
Shares Outstanding (Mil)	155	143	8.9%
Cumulative Contribution			-12.7%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2023 to 2/22/2026

	Return	Correlation
MUR	-12.7%
Market (SPY)	75.9%	44.3%
Sector (XLE)	34.0%	82.1%

Return vs. Risk

Price Returns Compared

	2021	2022	2023	2024	2025	2026	Total [1]
Returns
MUR Return	121%	69%	2%	-27%	9%	10%	235%
Peers Return	105%	52%	1%	-4%	0%	20%	263%
S&P 500 Return	27%	-19%	24%	23%	16%	0%	83%
Monthly Win Rates [3]
MUR Win Rate	67%	58%	33%	33%	67%	50%
Peers Win Rate	73%	60%	55%	43%	58%	100%
S&P 500 Win Rate	75%	42%	67%	75%	67%	50%
Max Drawdowns [4]
MUR Max Drawdown	0%	0%	-22%	-32%	-34%	-5%
Peers Max Drawdown	-2%	0%	-16%	-13%	-17%	-4%
S&P 500 Max Drawdown	-1%	-25%	-1%	-2%	-15%	-1%

[1] Cumulative total returns since the beginning of 2021
[2] Peers: COP, EOG, FANG, DVN, CTRA. See MUR Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 2/20/2026 (YTD)

How Low Can It Go

Unique Key	Event	MUR	S&P 500
2022 Inflation Shock	2022 Inflation Shock
2022 Inflation Shock% Loss	% Loss	-40.4%	-25.4%
2022 Inflation Shock% Gain to Breakeven	% Gain to Breakeven	67.9%	34.1%
2022 Inflation ShockTime to Breakeven	Time to Breakeven	99 days	464 days
2020 Covid Pandemic	2020 Covid Pandemic
2020 Covid Pandemic% Loss	% Loss	-83.3%	-33.9%
2020 Covid Pandemic% Gain to Breakeven	% Gain to Breakeven	498.3%	51.3%
2020 Covid PandemicTime to Breakeven	Time to Breakeven	569 days	148 days
2018 Correction	2018 Correction
2018 Correction% Loss	% Loss	-51.4%	-19.8%
2018 Correction% Gain to Breakeven	% Gain to Breakeven	105.6%	24.7%
2018 CorrectionTime to Breakeven	Time to Breakeven	918 days	120 days
2008 Global Financial Crisis	2008 Global Financial Crisis
2008 Global Financial Crisis% Loss	% Loss	-63.3%	-56.8%
2008 Global Financial Crisis% Gain to Breakeven	% Gain to Breakeven	172.8%	131.3%
2008 Global Financial CrisisTime to Breakeven	Time to Breakeven	Not Fully Recovered days	1,480 days

Compare to COP, EOG, FANG, DVN, CTRA

In The Past

Murphy Oil's stock fell -40.4% during the 2022 Inflation Shock from a high on 6/7/2022. A -40.4% loss requires a 67.9% gain to breakeven.

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About Murphy Oil (MUR)

Business Description Analogies Products Customers Suppliers Management Key Risks Emerging Threats Market Size Revenue Drivers Capital Allocation

Murphy Oil Corporation, together with its subsidiaries, operates as an oil and natural gas exploration and production company in the United States, Canada, and internationally. It explores for and produces crude oil, natural gas, and natural gas liquids. The company was formerly known as Murphy Corporation and changed its name to Murphy Oil Corporation in 1964. The company was incorporated in 1950 and is headquartered in Houston, Texas.

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Here are 1-3 brief analogies for Murphy Oil (MUR):

Imagine ExxonMobil, but without the gas stations, refineries, or chemical plants – Murphy Oil solely focuses on finding and extracting crude oil and natural gas from the earth.
It's like a mining company such as Rio Tinto or Barrick Gold, but instead of metals, Murphy Oil extracts oil and natural gas.

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Crude Oil: Extracted from underground reservoirs and sold as a primary energy commodity.
Natural Gas: Produced from various fields and supplied as a clean-burning fuel.
Natural Gas Liquids (NGLs): Components separated from natural gas, including ethane, propane, and butane, used as feedstocks and fuels.

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Major Customers of Murphy Oil (MUR)

Murphy Oil Corporation (MUR) is an independent oil and natural gas exploration and production company. As such, it primarily sells its crude oil and natural gas to other companies rather than directly to individuals.

Based on their latest financial disclosures, the major identified customer and general categories of customers are:

Vitol Inc. and its affiliates: This company accounted for approximately 21% of Murphy Oil's consolidated revenues in 2023. Vitol Inc. is one of the world's largest independent energy traders. Vitol Inc. is a private company and therefore does not have a public stock symbol.
Refiners: Companies that process crude oil into refined petroleum products such as gasoline, diesel, and jet fuel.
Marketers: Companies that buy and sell crude oil and natural gas, often acting as intermediaries between producers and end-users or refiners.
Pipeline Companies: Companies that own and operate pipelines for the transportation of crude oil and natural gas.

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Eric M. Hambly, President and Chief Executive Officer

Eric M. Hambly was appointed President and Chief Executive Officer of Murphy Oil Corporation in February 2024, or January 2025 according to some sources. Before becoming CEO, Mr. Hambly served as the company's Chief Operating Officer and Executive Vice President of Operations from October 2020 to 2024.

Thomas J. Mireles, Executive Vice President & Chief Financial Officer

Thomas J. Mireles has served as Executive Vice President and Chief Financial Officer of Murphy Oil Corporation since 2022. His career at Murphy Oil includes various leadership positions, such as Senior Vice President of Technical Services from 2018 to 2022, Senior Manager Planning and Business Development, Senior Vice President of Western Hemisphere, and Senior Vice President of Eastern Hemisphere.

E. Ted Botner, Executive Vice President, General Counsel & Corporate Secretary

E. Ted Botner holds the position of Executive Vice President, General Counsel & Corporate Secretary at Murphy Oil Corporation.

Daniel R. Hanchera, Senior Vice President, Business Development

Daniel R. Hanchera is the Senior Vice President of Business Development at Murphy Oil Corporation.

Maria A. Martinez, Senior Vice President, Human Resources, Administration and Communications

Maria A. Martinez serves as the Senior Vice President of Human Resources, Administration and Communications for Murphy Oil Corporation.

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The key risks to Murphy Oil (MUR) include:

Commodity Price Volatility: Murphy Oil's financial performance is significantly influenced by the inherent volatility of oil and gas markets. Fluctuations in commodity prices can lead to unpredictable revenue streams and impact the company's profitability, as demonstrated by their volatile net profitability despite strong operational efficiency.
Operational Hazards and Exploration Risks: The company's business is subject to the inherent operational hazards and physical security risks associated with oil and natural gas exploration and production. There is a risk of increased volatility or deterioration in the success rate of exploration programs or the ability to maintain production rates and replace reserves. Unexpected production interruptions, particularly in offshore projects, also pose a significant vulnerability.
Environmental and Regulatory Changes: Murphy Oil faces risks from various governmental actions, including changes in tax legislation, trade policies, and environmental regulations. Increased regulatory oversight, especially concerning climate change and greenhouse gas emissions, can affect the company's operations and earnings, and there is a risk of reduced customer demand due to environmental, regulatory, or technological shifts.

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The accelerated global adoption of electric vehicles and other alternative energy transportation solutions poses an emerging threat by reducing future demand for crude oil and its derivatives, directly impacting Murphy Oil's primary market.
Increasingly stringent Environmental, Social, and Governance (ESG) investment mandates and financial sector de-risking initiatives are an emerging threat, limiting access to capital and increasing financing costs for new exploration and production projects for Murphy Oil.

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Murphy Oil Corporation (NYSE: MUR) primarily operates in the exploration and production of crude oil and natural gas.

Crude Oil

The global crude oil market was valued at approximately USD 2.6 trillion in 2023 and is projected to reach USD 3.0 trillion by 2033.
North America is identified as the largest regional market for crude oil. In 2025, North America is expected to hold 25.45% of the global market revenue, which for a global market size of USD 3415.7 billion would be approximately USD 870 billion.

Natural Gas

The global natural gas market was valued at approximately USD 1.2 trillion in 2024 and is expected to reach USD 1.9 trillion by 2030.
The North America natural gas market was valued at USD 435.26 billion in 2024 and is expected to reach USD 622.63 billion by 2030.

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Murphy Oil (MUR) is expected to drive future revenue growth over the next 2-3 years through a combination of increased production from key assets, the advancement of international development projects, and successful high-impact exploration programs, supported by disciplined capital allocation.

Here are 4 expected drivers of future revenue growth:

Increased Production from Key Onshore Assets: Murphy Oil anticipates continued revenue growth from its established onshore assets, including the Eagle Ford Shale, Tupper Montney, and Kaybob Duvernay. The company has consistently demonstrated strong new well productivity in these regions, with recent operational results indicating ongoing contributions to overall production volumes. For example, in the third quarter of 2025, over half of its Eagle Ford production came from wells brought online in 2025.
Advancement and New Production from International Offshore Development Projects: A significant driver for future revenue is the progress and eventual new production from Murphy Oil's international offshore development projects. Notably, the Lac Da Vang (Golden Camel) field development in Vietnam is progressing on track, with the first development well drilled ahead of schedule in Q3 2025, marking a major milestone for the company in the region.
Success in High-Impact Offshore Exploration and Appraisal Programs: Murphy Oil is actively engaged in high-impact exploration and appraisal activities across multiple continents, including a promising exploration program in Côte d'Ivoire and ongoing work in the Gulf of Mexico. These programs are designed to test significant unrisked resource potential, and successful outcomes, such as new discoveries or the development of projects like the Chinook 8 well expected to come online in the second half of 2026, could significantly boost future revenue.
Optimized Capital Allocation and Improved Capital Efficiencies: While not a direct revenue generator, Murphy Oil's strategic focus on capital efficiency and cost management directly supports its ability to fund high-return growth projects. By reducing operating costs (e.g., Q3 2025 operating costs averaged $9.39 per BOE, 20% less than the prior quarter) and maintaining capital expenditures below guidance, the company can allocate more capital to its most promising development and exploration endeavors, thereby enabling future revenue expansion.

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Share Repurchases

In the first nine months of 2025, Murphy Oil repurchased $102.6 million of shares.
Total share repurchases for full year 2024 amounted to $300 million, or 8.0 million shares.
As of September 30, 2025, the company had $550 million remaining under its board-authorized share repurchase program.

Share Issuance

No significant share issuances (dollar amount) were explicitly reported over the last 3-5 years in the provided information.

Inbound Investments

No significant large investments made in the company by third-parties were explicitly reported over the last 3-5 years in the provided information.

Outbound Investments

Murphy Oil acquired the Pioneer FPSO vessel for $104 million in the first quarter of 2025.
The company acquired additional Eagle Ford interests for $23.0 million in the first nine months of 2025.
A small Eagle Ford Shale acquisition was made in 2025, which is excluded from the full-year CAPEX guidance.

Capital Expenditures

Murphy Oil's full-year 2025 capital expenditure guidance is in the range of $1,135 million to $1,285 million. This guidance includes the Pioneer FPSO purchase.
For 2025, approximately $410 million of CAPEX is allocated to the Gulf of Mexico for development drilling and field development projects, and about $360 million is designated for the Eagle Ford Shale for drilling and bringing online operated and non-operated wells. Additionally, $110 million is allocated for offshore operations in Vietnam, focusing on Lac Da Vang development drilling and field development activities.
In 2020, Murphy Oil significantly reduced its capital spending plans by approximately $500 million, resulting in a revised budget of $950 million, a nearly 35% decrease from the original corporate budget. This reduction involved delaying US Gulf of Mexico projects and exploration wells, and deferring well completions in Tupper Montney.

Interactive Breakdown

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Better Bets vs. Murphy Oil (MUR)

INDUSTRY: Oil & Gas Exploration & Production

Higher Rev Chg 3Y Avg | Lower P/S (Values for MUR: -11.7% | 1.8x)

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Chord Energy

Higher Rev Chg 3Y Avg | Lower P/Op Inc (Values for MUR: -11.7% | 9.8x)

EOG (-7.6% | 8.8x)

EOG Resources

FANG (20.8% | 9.1x)

Diamondback Energy

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Devon Energy

OVV (-10.7% | 6.3x)

Ovintiv

PR (48.7% | 6.3x)

Permian Resources

Higher Rev Chg LTM (Value for MUR: -13.9%)

FANG (60.1%)

Diamondback Energy

CNQ (8.3%)

Canadian Natural Resources

COP (7.7%)

ConocoPhillips

OXY (-2.0%)

Occidental Petroleum

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EOG Resources

Higher Rev Chg 3Y Avg (Value for MUR: -11.7%)

FANG (20.8%)

Diamondback Energy

CNQ (-2.4%)

Canadian Natural Resources

EOG (-7.6%)

EOG Resources

COP (-7.8%)

ConocoPhillips

OXY (-9.6%)

Occidental Petroleum

Higher Op Mgn LTM (Value for MUR: 17.9%)

FANG (36.5%)

Diamondback Energy

EOG (33.4%)

EOG Resources

CNQ (20.3%)

Canadian Natural Resources

COP (19.2%)

ConocoPhillips

OXY (18.1%)

Occidental Petroleum

Higher CFO/Rev LTM (Value for MUR: 52.1%)

PR (68.9%)

Permian Resources

TPL (68.4%)

Texas Pacific Land

MTDR (66.0%)

Matador Resources

EQT (60.3%)

EQT

FANG (57.3%)

Diamondback Energy

Higher FCF/Rev LTM (Value for MUR: 14.8%)

EQT (31.6%)

EQT

CTRA (20.4%)

Coterra Energy

CNQ (18.2%)

Canadian Natural Resources

EOG (17.2%)

EOG Resources

DVN (16.1%)

Devon Energy

Higher Total Yield (Value for MUR: 6.8%)

CNQ (12.9%)

Canadian Natural Resources

DVN (12.0%)

Devon Energy

EOG (11.5%)

EOG Resources

FANG (10.5%)

Diamondback Energy

COP (8.8%)

ConocoPhillips

SECTOR: Energy

Higher Rev Chg 3Y Avg | Lower P/S (Values for MUR: -11.7% | 1.8x)

ENB (8.8% | 1.7x)

Enbridge

SU (-3.4% | 1.3x)

Suncor Energy

PSX (-6.6% | 0.5x)

Phillips 66

VLO (-10.3% | 0.5x)

Valero Energy

IMO (-5.6% | 1.3x)

Imperial Oil

Higher Rev Chg 3Y Avg | Lower P/Op Inc (Values for MUR: -11.7% | 9.8x)

ENB (8.8% | 9.7x)

Enbridge

SU (-3.4% | 8.5x)

Suncor Energy

EOG (-7.6% | 8.8x)

EOG Resources

TRP (7.4% | 9.6x)

TC Energy

OKE (16.4% | 9.3x)

ONEOK

Higher Rev Chg LTM (Value for MUR: -13.9%)

ENB (21.9%)

Enbridge

WMB (9.0%)

Williams Companies

COP (7.7%)

ConocoPhillips

CVX (-3.6%)

Chevron

XOM (-4.4%)

Exxon Mobil

Higher Rev Chg 3Y Avg (Value for MUR: -11.7%)

ENB (8.8%)

Enbridge

WMB (0.8%)

Williams Companies

XOM (-5.6%)

Exxon Mobil

CVX (-6.2%)

Chevron

COP (-7.8%)

ConocoPhillips

Higher Op Mgn LTM (Value for MUR: 17.9%)

WMB (34.3%)

Williams Companies

EOG (33.4%)

EOG Resources

KMI (27.8%)

Kinder Morgan

CNQ (20.3%)

Canadian Natural Resources

COP (19.2%)

ConocoPhillips

Higher CFO/Rev LTM (Value for MUR: 52.1%)

DTM (73.0%)

DT Midstream

PR (68.9%)

Permian Resources

TPL (68.4%)

Texas Pacific Land

EQT (60.3%)

EQT

FANG (57.3%)

Diamondback Energy

Higher FCF/Rev LTM (Value for MUR: 14.8%)

CNQ (18.2%)

Canadian Natural Resources

EOG (17.2%)

EOG Resources

KMI (17.1%)

Kinder Morgan

SU (15.1%)

Suncor Energy

WMB (15.0%)

Williams Companies

Higher Total Yield (Value for MUR: 6.8%)

ENB (14.0%)

Enbridge

CNQ (12.9%)

Canadian Natural Resources

COP (8.8%)

ConocoPhillips

XOM (7.5%)

Exxon Mobil

CVX (7.0%)

Chevron

All Other Sectors

Higher Rev Chg 3Y Avg | Lower P/S (Values for MUR: -11.7% | 1.8x)

WMT (5.4% | 1.4x)

Walmart

COST (6.7% | 1.6x)

Costco Wholesale

UNH (11.4% | 0.6x)

UnitedHealth

VZ (0.3% | 1.5x)

Verizon Communications

T (1.3% | 1.6x)

AT&T

Higher Rev Chg 3Y Avg | Lower P/Op Inc (Values for MUR: -11.7% | 9.8x)

VZ (0.3% | 7.1x)

Verizon Communications

T (1.3% | 7.9x)

AT&T

BN (-5.8% | 8.6x)

Brookfield

BMY (1.5% | 9.0x)

Bristol-Myers Squibb

CMCSA (0.6% | 5.5x)

Comcast

Higher Rev Chg LTM (Value for MUR: -13.9%)

NVDA (65.2%)

NVIDIA

MSFT (16.7%)

Microsoft

GOOGL (15.1%)

Alphabet

AMZN (12.4%)

Amazon.com

AAPL (10.1%)

Apple

Higher Rev Chg 3Y Avg (Value for MUR: -11.7%)

NVDA (91.6%)

NVIDIA

MSFT (14.4%)

Microsoft

GOOGL (12.5%)

Alphabet

AMZN (11.7%)

Amazon.com

AAPL (4.1%)

Apple

Higher Op Mgn LTM (Value for MUR: 17.9%)

NVDA (58.8%)

NVIDIA

MSFT (46.7%)

Microsoft

META (41.4%)

Meta Platforms

AAPL (32.4%)

Apple

GOOGL (32.0%)

Alphabet

Higher CFO/Rev LTM (Value for MUR: 52.1%)

V (59.1%)

Visa

META (57.6%)

Meta Platforms

MA (53.8%)

Mastercard

MU (53.6%)

Micron Technology

MSFT (52.5%)

Microsoft

Higher FCF/Rev LTM (Value for MUR: 14.8%)

NVDA (41.3%)

NVIDIA

AAPL (28.3%)

Apple

MSFT (25.3%)

Microsoft

META (22.9%)

Meta Platforms

GOOGL (18.2%)

Alphabet

Higher Total Yield (Value for MUR: 6.8%)

UNH (9.7%)

UnitedHealth

WFC (9.4%)

Wells Fargo

MRK (8.9%)

Merck

BAC (7.5%)

Bank of America

PM (7.0%)

Philip Morris International

Best Bets in Energy

What You Pay

P/EBIT (Value for MUR: 13.8x)

AM (13.6x)

Antero Midstream

TPL (56.4x)

Texas Pacific Land

MGY (11.3x)

Magnolia Oil & Gas

INSW (13.0x)

International Seaways

DTM (19.2x)

DT Midstream

CTRA (10.6x)

Coterra Energy

WHD (15.6x)

Cactus

EQT (12.1x)

EQT

EOG (9.1x)

EOG Resources

CRC (7.9x)

California Resources

P/E (Value for MUR: 33.7x)

AM (24.9x)

Antero Midstream

TPL (71.6x)

Texas Pacific Land

MGY (15.2x)

Magnolia Oil & Gas

INSW (15.3x)

International Seaways

DTM (34.3x)

DT Midstream

CTRA (14.5x)

Coterra Energy

WHD (23.2x)

Cactus

EQT (21.2x)

EQT

EOG (12.0x)

EOG Resources

CRC (12.9x)

California Resources

What You Get

Rev Chg 3Y Avg (Value for MUR: -11.7%)

AM (8.4%)

Antero Midstream

TPL (6.5%)

Texas Pacific Land

MGY (-6.9%)

Magnolia Oil & Gas

INSW (16.7%)

International Seaways

DTM (9.6%)

DT Midstream

CTRA (-5.3%)

Coterra Energy

WHD (22.9%)

Cactus

EQT (-2.8%)

EQT

EOG (-7.6%)

EOG Resources

CRC (5.3%)

California Resources

Rev Chg LTM (Value for MUR: -13.9%)

AM (7.0%)

Antero Midstream

TPL (13.1%)

Texas Pacific Land

MGY (-0.3%)

Magnolia Oil & Gas

INSW (-23.6%)

International Seaways

DTM (20.4%)

DT Midstream

CTRA (25.1%)

Coterra Energy

WHD (-3.8%)

Cactus

EQT (64.8%)

EQT

EOG (-5.0%)

EOG Resources

CRC (33.9%)

California Resources

Rev Chg Q (Value for MUR: -4.3%)

AM (3.1%)

Antero Midstream

TPL (13.9%)

Texas Pacific Land

MGY (-2.7%)

Magnolia Oil & Gas

INSW (-12.8%)

International Seaways

DTM (26.6%)

DT Midstream

CTRA (33.7%)

Coterra Energy

WHD (-10.0%)

Cactus

EQT (49.8%)

EQT

EOG (-2.3%)

EOG Resources

CRC (-11.9%)

California Resources

FCF/Rev 3Y Avg (Value for MUR: 20.3%)

AM (55.3%)

Antero Midstream

TPL (24.4%)

Texas Pacific Land

MGY (33.1%)

Magnolia Oil & Gas

INSW (29.6%)

International Seaways

DTM (25.8%)

DT Midstream

CTRA (24.8%)

Coterra Energy

WHD (23.5%)

Cactus

EQT (23.5%)

EQT

EOG (22.1%)

EOG Resources

CRC (22.0%)

California Resources

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 5.4%, alpha of -0.1%, and sharpe of 0.25

Latest Trefis Analyses

	Title	Date
0	DASHBOARDS
1	Murphy Oil Stock (-10%): Civette Well Disappointment Derails Exploration Narrative	01/21/2026
2	Murphy Oil Stock (+9.4%): GoM Discovery Forces Valuation Re-Rate	01/09/2026
3	Murphy Oil Earnings Notes	12/25/2025
4	Would You Still Hold Murphy Oil Stock If It Fell Another 30%?	10/17/2025
5	Murphy Oil vs Charter Communications: Which Is A Better Investment?	08/18/2025
6	Murphy Oil vs Devon Energy: Which Is A Better Investment?	08/18/2025
7	How Does Murphy Oil Stock Stack Up Against Its Peers?	08/13/2025
8	Better Bet Than MUR Stock: Pay Less Than Murphy Oil To Get More From CHTR, IBKR	08/12/2025
9	Better Bet Than MUR Stock: Pay Less Than Murphy Oil To Get More From PR, APA	08/12/2025
10	ARTICLES
11	Small Cap Stocks Trading At 52-Week High	02/19/2026
12	Why Has Murphy Oil’s Stock Rallied 15% In A Fortnight?	11/22/2019

	Title
0	DASHBOARDS
1	Murphy Oil Stock (-10%): Civette Well Disappointment Derails Exploration Narrative
2	Murphy Oil Stock (+9.4%): GoM Discovery Forces Valuation Re-Rate
3	Murphy Oil Earnings Notes
4	Would You Still Hold Murphy Oil Stock If It Fell Another 30%?
5	Murphy Oil vs Charter Communications: Which Is A Better Investment?
6	Murphy Oil vs Devon Energy: Which Is A Better Investment?
7	How Does Murphy Oil Stock Stack Up Against Its Peers?
8	Better Bet Than MUR Stock: Pay Less Than Murphy Oil To Get More From CHTR, IBKR
9	Better Bet Than MUR Stock: Pay Less Than Murphy Oil To Get More From PR, APA
10	ARTICLES
11	Small Cap Stocks Trading At 52-Week High
12	Why Has Murphy Oil’s Stock Rallied 15% In A Fortnight?

Trade Ideas

Select ideas related to MUR.

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
TPL_12262025_Dip_Buyer_ValueBuy	12262025	TPL	Texas Pacific Land	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	50.3%	50.3%	-2.1%
WHD_11212025_Dip_Buyer_ValueBuy	11212025	WHD	Cactus	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	38.7%	38.7%	0.0%
OVV_10172025_Dip_Buyer_FCFYield	10172025	OVV	Ovintiv	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	31.4%	31.4%	0.0%
COP_10102025_Dip_Buyer_FCFYield	10102025	COP	ConocoPhillips	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	28.3%	28.3%	-2.3%
HAL_10102025_Dip_Buyer_FCFYield	10102025	HAL	Halliburton	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	55.6%	55.6%	-0.7%
MUR_7312020_Short_Squeeze	07312020	MUR	Murphy Oil	Special	Short Squeeze PotentialShort Squeeze Potential Has potential for a short squeeze. High short interest, rising short interest and high debt.	-4.1%	70.9%	-46.3%

Recent Active Movers

Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
RNG	RingCentral	3.6	34.4%	36.8%
TNDM	Tandem Diabetes Care	1.7	32.7%	11.8%
AXTI	AXT	1.3	24.7%	81.5%
ASIC	Ategrity Specialty Insurance	1.0	23.6%	3.0%
KOS	Kosmos Energy	1.0	22.0%	138.0%
RYI	Ryerson	0.9	17.0%	11.2%
LGN	Legence	3.2	16.8%	28.3%
SYRE	Spyre Therapeutics	2.6	14.3%	31.9%
FSM	Fortuna Mining	3.8	12.6%	25.1%
FIVN	Five9	1.5	12.5%	-3.6%

Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
GRAL	GRAIL	1.8	-50.5%	-41.3%
CCOI	Cogent Communications	0.9	-29.4%	-13.8%
FROG	JFrog	4.4	-24.9%	-39.6%
DNOW	Dnow	1.4	-19.1%	-0.2%
CC	Chemours	2.6	-16.5%	44.5%
MTUS	Metallus	0.7	-16.0%	2.4%
HRMY	Harmony Biosciences	1.7	-15.2%	-22.1%
ARDX	Ardelyx	1.4	-15.0%	-1.7%
PLSE	Pulse Biosciences	1.4	-14.6%	56.0%
MATV	Mativ	0.6	-14.1%	-6.1%

Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
CDNL	Cardinal Infrastructure	1.3	40.7%	41.9%
RNG	RingCentral	3.6	39.1%	36.8%
RELY	Remitly Global	3.6	34.1%	24.3%
KOS	Kosmos Energy	1.0	33.3%	138.0%
TALK	Talkspace	0.8	32.0%	37.5%
MASI	Masimo	9.5	31.7%	34.6%
TNDM	Tandem Diabetes Care	1.7	31.5%	11.8%
IBRX	ImmunityBio	8.2	31.4%	339.4%
AG	First Majestic Silver	13.5	27.6%	65.4%
TPH	Tri Pointe Homes	4.0	26.6%	47.2%

Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
GRAL	GRAIL	1.8	-47.6%	-41.3%
ALIT	Alight	0.4	-43.7%	-61.3%
UPB	Upstream Bio	0.4	-36.9%	-70.2%
CCOI	Cogent Communications	0.9	-29.3%	-13.8%
FROG	JFrog	4.4	-29.2%	-39.6%
GETY	Getty Images	0.3	-28.1%	-44.8%
BTDR	Bitdeer Technologies	1.6	-25.0%	-30.6%
SXC	SunCoke Energy	0.5	-23.7%	-12.3%
MATV	Mativ	0.6	-21.4%	-6.1%
GPC	Genuine Parts	16.4	-20.0%	-4.0%

Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
FSLY	Fastly	2.7	102.7%	77.6%
NKTR	Nektar Therapeutics	1.4	99.7%	74.4%
LITE	Lumentum	46.9	84.2%	81.2%
VAL	Valaris	6.8	74.4%	90.0%
KOS	Kosmos Energy	1.0	67.4%	138.0%
MOD	Modine Manufacturing	11.9	57.5%	69.5%
IPGP	IPG Photonics	5.6	56.4%	86.6%
RNG	RingCentral	3.6	52.5%	36.8%
ICHR	Ichor	1.7	51.3%	173.2%
EVMN	Evommune	0.9	50.2%	65.4%

Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
UPB	Upstream Bio	0.4	-74.4%	-70.2%
FIGR	Figure Technology Solutions	3.0	-57.6%	-28.7%
U	Unity Software	7.7	-56.5%	-58.7%
FUBO	FuboTV	0.4	-51.9%	-50.8%
ALIT	Alight	0.4	-51.7%	-61.3%
NSP	Insperity	0.9	-50.5%	-39.8%
GRAL	GRAIL	1.8	-50.3%	-41.3%
KD	Kyndryl	2.9	-49.1%	-52.9%
RPD	Rapid7	0.4	-47.7%	-56.8%
HIMS	Hims & Hers Health	3.5	-45.9%	-51.9%

Peer Comparisons

Peers to compare with:

Financials

	MUR	COP	EOG	FANG	DVN	CTRA	Median
Name	Murphy O.	ConocoPh.	EOG Reso.	Diamondb.	Devon En.	Coterra .
Mkt Price	33.73	110.53	123.08	176.01	44.39	31.28	77.46
Mkt Cap	4.8	136.2	66.6	50.8	27.9	23.9	39.4
Rev LTM	2,746	58,944	22,579	15,284	17,470	7,081	16,377
Op Inc LTM	492	11,342	7,539	5,584	3,958	2,202	4,771
FCF LTM	405	7,243	3,891	-1,094	2,818	1,448	2,133
FCF 3Y Avg	648	7,989	5,167	-1,966	1,677	1,607	1,642
CFO LTM	1,432	19,796	10,195	8,756	6,841	3,677	7,798
CFO 3Y Avg	1,664	19,962	11,453	6,730	6,744	3,663	6,737

Growth & Margins

	MUR	COP	EOG	FANG	DVN	CTRA	Median
Name	Murphy O.	ConocoPh.	EOG Reso.	Diamondb.	Devon En.	Coterra .
Rev Chg LTM	-13.9%	7.7%	-5.0%	60.1%	11.4%	25.1%	9.5%
Rev Chg 3Y Avg	-11.7%	-7.8%	-7.6%	20.8%	-2.1%	-5.3%	-6.4%
Rev Chg Q	-4.3%	-5.9%	-2.3%	48.2%	7.6%	33.7%	2.7%
QoQ Delta Rev Chg LTM	-1.2%	-1.4%	-0.6%	9.1%	1.8%	6.9%	0.6%
Op Mgn LTM	17.9%	19.2%	33.4%	36.5%	22.7%	31.1%	26.9%
Op Mgn 3Y Avg	25.4%	23.1%	36.4%	46.8%	28.3%	34.2%	31.3%
QoQ Delta Op Mgn LTM	-2.1%	-1.7%	-0.8%	-1.3%	-1.7%	0.1%	-1.5%
CFO/Rev LTM	52.1%	33.6%	45.2%	57.3%	39.2%	51.9%	48.5%
CFO/Rev 3Y Avg	52.6%	35.3%	49.0%	62.5%	41.8%	56.7%	50.8%
FCF/Rev LTM	14.8%	12.3%	17.2%	-7.2%	16.1%	20.4%	15.4%
FCF/Rev 3Y Avg	20.3%	14.1%	22.1%	-18.6%	10.2%	24.8%	17.2%

Valuation

	MUR	COP	EOG	FANG	DVN	CTRA	Median
Name	Murphy O.	ConocoPh.	EOG Reso.	Diamondb.	Devon En.	Coterra .
Mkt Cap	4.8	136.2	66.6	50.8	27.9	23.9	39.4
P/S	1.8	2.3	2.9	3.3	1.6	3.4	2.6
P/EBIT	13.8	9.8	9.1	8.5	6.9	10.6	9.5
P/E	33.7	17.1	12.0	12.1	10.3	14.5	13.3
P/CFO	3.4	6.9	6.5	5.8	4.1	6.5	6.1
Total Yield	6.8%	8.8%	11.5%	10.5%	12.0%	9.7%	10.1%
Dividend Yield	3.8%	2.9%	3.2%	2.2%	2.2%	2.8%	2.9%
FCF Yield 3Y Avg	13.0%	6.4%	7.8%	-5.4%	6.3%	8.3%	7.1%
D/E	0.5	0.2	0.1	0.3	0.3	0.2	0.2
Net D/E	0.4	0.1	0.1	0.3	0.3	0.2	0.2

Returns

	MUR	COP	EOG	FANG	DVN	CTRA	Median
Name	Murphy O.	ConocoPh.	EOG Reso.	Diamondb.	Devon En.	Coterra .
1M Rtn	7.9%	13.3%	13.6%	14.3%	14.9%	14.1%	13.8%
3M Rtn	11.1%	27.5%	16.2%	20.2%	25.3%	21.5%	20.8%
6M Rtn	43.2%	16.2%	3.6%	23.7%	27.9%	32.5%	25.8%
12M Rtn	29.8%	16.7%	-4.1%	15.9%	21.7%	15.1%	16.3%
3Y Rtn	-3.4%	16.2%	15.4%	40.9%	-8.9%	41.9%	15.8%
1M Excs Rtn	7.4%	14.2%	13.4%	14.5%	17.1%	16.4%	14.4%
3M Excs Rtn	7.2%	19.8%	9.0%	13.3%	20.1%	15.1%	14.2%
6M Excs Rtn	47.0%	10.4%	-2.0%	20.5%	25.1%	27.8%	22.8%
12M Excs Rtn	12.4%	2.4%	-17.6%	0.5%	9.0%	0.4%	1.4%
3Y Excs Rtn	-80.3%	-59.2%	-63.5%	-33.9%	-88.7%	-30.0%	-61.3%

Comparison Analyses

	Title
0	How Does Murphy Oil Stock Stack Up Against Its Peers?
1	With 36% Gains On The Table, MTDR May Outshine MUR
2	MUR Looks Stronger Than EPM With 6.3% Return Potential
3	Murphy Oil vs Alkermes: Similar Market Cap; Which Stock Is A Better Bet?
4	Murphy Oil vs Hexcel: Similar Market Cap; Which Stock Is A Better Bet?

FDIC Bank Data

Bank Capital

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Bank Deposits

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Bank Assets

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Bank Loans

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FDA Approved Drugs Data

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Financials

Annual
Quarterly

$ Mil \| FY: 12/31	LTM	2024	2023	2022	2021	2020	2019
Period End	9/30/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Filing Date	11/5/2025	2/27/2025	2/23/2024	2/27/2023	2/25/2022	2/26/2021	2/27/2020
Key Financials
Total Revenue	2,746	3,019	3,449	4,220	2,801	1,752	2,817
EBITDA	1,302	1,539	1,895	2,378	1,060	-392	1,593
Operating Income	492	695	1,074	1,931	1,021	-293	519
Net Income	143	407	662	965	-74	-1,149	1,150
EPS	1.00	2.71	4.26	6.22	-0.48	-7.48	7.01
Growth Rates
Total Revenue Growth	-13.9%	-12.5%	-18.3%	50.7%	59.9%	-37.8%	55.9%
EBITDA Growth	-19.0%	-18.8%	-20.3%	124.4%	370.1%	-124.6%	59.5%
Operating Income Growth	-37.2%	-35.3%	-44.4%	89.2%	448.3%	-156.4%	93.9%
Net Income Growth	-69.8%	-38.5%	-31.4%	1410.1%	93.6%	-199.9%	179.7%
Margins
EBITDA Margin	47.4%	51.0%	54.9%	56.3%	37.8%	-22.4%	56.6%
Operating Income Margin	17.9%	23.0%	31.1%	45.8%	36.4%	-16.7%	18.4%
Net Income Margin	5.2%	13.5%	19.2%	22.9%	-2.6%	-65.6%	40.8%
Cash & Debt
Total Cash	426	424	317	492	521	311	307
Total Debt	2,219	2,066	2,089	2,786	3,367	3,937	3,417
Net Debt / (Cash)	1,793	1,642	1,772	2,294	2,845	3,626	3,110
Cash Flows
Net Cash from Operations	1,432	1,729	1,749	2,180	1,422	803	1,563
Free Cash from Operations	405	821	647	1,066	734	-70	-994
Returns to Shareholders
Dividends	184	180	171	128	77	96	164
Share Repurchases	104	301	150	-0	-0	-0	500

$ Mil \| FY: 12/31	2025Q3	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4
Period End	9/30/2025	6/30/2025	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022
Filing Date	11/5/2025	8/6/2025	5/7/2025	2/27/2025	11/7/2024	8/8/2024	5/2/2024	2/23/2024	11/2/2023	8/3/2023	5/3/2023	2/27/2023
Key Financials Quarterly
Total Revenue	721	683	673	670	753	801	795	842	954	813	840	986
Ebitda	305	319	340	338	399	426	377	406	624	373	492	520
Operating Income	121	91	160	120	184	193	197	209	383	176	306	345
Net Income	-3	22	73	50	139	128	90	116	255	98	192	199
EPS	-0.02	0.16	0.51	0.35	0.93	0.84	0.59	0.76	1.64	0.63	1.22	1.28
Key Financials TTM
Total Revenue TTM	2,746	2,779	2,896	3,019	3,191	3,392	3,404	3,449	3,593	3,805	4,189	4,220
Ebitda TTM	1,302	1,396	1,503	1,539	1,608	1,833	1,779	1,895	2,009	2,371	2,751	2,378
Operating Income TTM	492	555	657	695	783	981	964	1,074	1,210	1,458	1,947	1,931
Net Income TTM	143	285	390	407	473	589	560	662	745	1,018	1,270	965
Growth Rates Quarterly
Total Revenue Growth	-4.3%	-14.7%	-15.4%	-20.5%	-21.0%	-1.5%	-5.4%	-14.6%	-18.2%	-32.0%	-3.6%	29.4%
EBITDA Growth	-23.6%	-25.1%	-9.6%	-16.8%	-36.1%	14.3%	-23.5%	-21.9%	-36.7%	-50.5%	312.0%	7.3%
Operating Income Growth	-34.3%	-53.1%	-19.0%	-42.3%	-51.8%	9.7%	-35.7%	-39.5%	-39.4%	-73.5%	5.3%	-6.2%
Net Income Growth	-102.1%	-82.6%	-18.9%	-56.7%	-45.5%	30.0%	-53.0%	-41.7%	-51.7%	-72.0%	269.1%	18.4%
Margins Quarterly
EBITDA Margin	42.2%	46.7%	50.6%	50.4%	52.9%	53.2%	47.4%	48.2%	65.4%	45.9%	58.6%	52.7%
Operating Income Margin	16.8%	13.3%	23.7%	18.0%	24.5%	24.1%	24.8%	24.8%	40.1%	21.6%	36.5%	35.0%
Net Income Margin	-0.4%	3.3%	10.9%	7.5%	18.5%	15.9%	11.3%	13.8%	26.8%	12.1%	22.8%	20.2%
Cash & Debt
Total Cash	426	380	393	424	271	334	323	317	328	369	312	492
Total Debt	2,219	2,161	2,202	2,066	2,153	2,180	2,025	2,089	2,384	2,707	2,743	2,786
Net Debt / (Cash)	1,793	1,781	1,809	1,642	1,882	1,846	1,702	1,772	2,056	2,338	2,431	2,294
Cash Flows Quarterly
FCF from Operations	339	358	301	434	429	468	399	543	456	470	280	516
Cash Flows TTM
FCF from Operations TTM	1,432	1,521	1,631	1,729	1,838	1,866	1,868	1,749	1,722	1,971	2,122	2,180
Returns to Shareholders Quarterly
Dividends	46	46	47	44	45	46	46	42	43	43	43	39
Share Repurchases	-0	3	100	1	194	56	50	75	75	-0	-0	-0
Return on Invested Capital (ROIC) Quarterly
ROIC	27.0%	19.7%	25.9%	24.3%	38.6%	34.6%	36.8%	39.0%	58.1%	21.9%	40.3%	46.9%
Return on Invested Capital (ROIC) TTM
ROIC TTM	21.4%	27.2%	30.9%	36.5%	35.7%	42.7%	44.4%	47.7%	45.8%	48.7%	63.2%	66.2%

Segment Financials

Revenue by Segment

$ Mil	2024	2023	2022	2021	2020
Single Segment	3,449
Crude oil and condensate revenue		3,358	2,323	1,460	2,515
Natural gas liquids revenue		143	111	51	70
Natural gas revenue		538	368	240	232
Sales of purchased natural gas		182
Total	3,449	4,220	2,801	1,752	2,817

Price Behavior

Price Behavior

Market Price	$33.73
Market Cap ($ Bil)	4.8
First Trading Date	04/06/1983
Distance from 52W High	-1.0%
	50 Days	200 Days
DMA Price	$31.72	$26.85
DMA Trend	up	up
Distance from DMA	6.3%	25.6%
	3M	1YR
Volatility	49.9%	54.5%
Downside Capture	18.93	88.82
Upside Capture	73.70	101.99
Correlation (SPY)	34.0%	56.2%

MUR Betas & Captures as of 1/31/2026

	1M	2M	3M	6M	1Y	3Y
Beta	2.58	1.54	0.77	1.18	1.58	1.17
Up Beta	0.14	-0.24	0.86	1.68	1.61	1.34
Down Beta	6.31	3.68	1.84	2.17	2.20	1.67
Up Capture	-25%	27%	47%	86%	115%	35%
Bmk +ve Days	11	22	34	71	142	430
Stock +ve Days	8	19	30	63	125	372
Down Capture	68%	95%	9%	29%	107%	99%
Bmk -ve Days	9	19	27	54	109	321
Stock -ve Days	12	22	30	61	124	378

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Based On 1-Year Data

	Annualized Return	Annualized Volatility	Sharpe Ratio	Correlation with MUR
MUR	25.0%	54.3%	0.60	-
Sector ETF (XLE)	22.3%	25.2%	0.76	82.7%
Equity (SPY)	13.5%	19.4%	0.53	56.1%
Gold (GLD)	74.5%	25.6%	2.15	11.5%
Commodities (DBC)	7.2%	16.9%	0.25	61.1%
Real Estate (VNQ)	7.1%	16.7%	0.24	46.4%
Bitcoin (BTCUSD)	-29.7%	44.9%	-0.65	31.0%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Based On 5-Year Data

	Annualized Return	Annualized Volatility	Sharpe Ratio	Correlation with MUR
MUR	22.8%	47.4%	0.60	-
Sector ETF (XLE)	24.1%	26.4%	0.82	84.5%
Equity (SPY)	13.4%	17.0%	0.62	41.7%
Gold (GLD)	22.6%	17.1%	1.08	13.4%
Commodities (DBC)	10.9%	19.0%	0.46	61.6%
Real Estate (VNQ)	5.0%	18.8%	0.17	30.6%
Bitcoin (BTCUSD)	7.4%	57.1%	0.35	15.9%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Based On 10-Year Data

	Annualized Return	Annualized Volatility	Sharpe Ratio	Correlation with MUR
MUR	11.7%	56.2%	0.44	-
Sector ETF (XLE)	11.7%	29.6%	0.43	82.5%
Equity (SPY)	16.1%	17.9%	0.77	46.0%
Gold (GLD)	14.8%	15.6%	0.79	5.4%
Commodities (DBC)	8.6%	17.6%	0.40	59.0%
Real Estate (VNQ)	7.0%	20.7%	0.30	35.4%
Bitcoin (BTCUSD)	68.0%	66.7%	1.07	13.2%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date	1302026
Short Interest: Shares Quantity	14.1 Mil
Short Interest: % Change Since 1152026	-3.4%
Average Daily Volume	3.5 Mil
Days-to-Cover Short Interest	4.0 days
Basic Shares Quantity	142.7 Mil
Short % of Basic Shares	9.9%

Returns Analyses

	Title
0	Would You Still Hold Murphy Oil Stock If It Fell Another 30%?
1	Murphy Oil Stock Return Comparison
2	Murphy Oil Total Shareholder Return (TSR): 67.9% in 2022 and 20.6% 3-yr returns (below peer average)

Earnings Returns History

Expand for More

	Forward Returns
Earnings Date	1D Returns	5D Returns	21D Returns
1/28/2026
11/5/2025	5.3%	8.6%	23.2%
8/6/2025	-3.3%	-1.6%	7.0%
5/7/2025	1.8%	9.4%	8.7%
1/30/2025	-5.9%	-8.6%	-8.2%
11/7/2024	0.6%	-1.2%	-7.9%
8/8/2024	0.9%	0.1%	-5.0%
5/2/2024	0.1%	1.0%	-2.5%
...
SUMMARY STATS
# Positive	13	15	13
# Negative	10	8	10
Median Positive	2.1%	6.7%	12.0%
Median Negative	-3.4%	-5.1%	-6.2%
Max Positive	10.7%	12.7%	75.0%
Max Negative	-7.6%	-15.5%	-15.5%

	Forward Returns
1/28/2026
11/5/2025	5.3%	8.6%	23.2%
8/6/2025	-3.3%	-1.6%	7.0%
5/7/2025	1.8%	9.4%	8.7%
1/30/2025	-5.9%	-8.6%	-8.2%
11/7/2024	0.6%	-1.2%	-7.9%
8/8/2024	0.9%	0.1%	-5.0%
5/2/2024	0.1%	1.0%	-2.5%
11/2/2023	3.0%	-4.6%	-2.8%
8/3/2023	3.6%	6.9%	9.3%
5/3/2023	-0.3%	0.8%	5.2%
1/26/2023	5.8%	-1.6%	-7.3%
11/3/2022	-3.2%	-5.6%	-4.6%
8/4/2022	1.3%	5.5%	19.4%
5/4/2022	2.1%	-15.5%	12.0%
1/27/2022	1.7%	6.7%	8.3%
11/4/2021	-1.4%	2.5%	-4.6%
8/5/2021	5.7%	12.7%	9.0%
5/6/2021	-0.4%	9.0%	31.8%
1/28/2021	-7.6%	-6.1%	17.7%
11/5/2020	-5.3%	12.5%	64.5%
8/6/2020	-3.6%	4.4%	-14.8%
5/7/2020	10.7%	6.7%	75.0%
1/30/2020	-5.9%	0.2%	-15.5%
SUMMARY STATS
# Positive	13	15	13
# Negative	10	8	10
Median Positive	2.1%	6.7%	12.0%
Median Negative	-3.4%	-5.1%	-6.2%
Max Positive	10.7%	12.7%	75.0%
Max Negative	-7.6%	-15.5%	-15.5%

SEC Filings

Expand for More

Report Date	Filing Date	Filing
09/30/2025	11/05/2025	10-Q
06/30/2025	08/06/2025	10-Q
03/31/2025	05/07/2025	10-Q
12/31/2024	02/27/2025	10-K
09/30/2024	11/07/2024	10-Q
06/30/2024	08/08/2024	10-Q
03/31/2024	05/02/2024	10-Q
12/31/2023	02/23/2024	10-K
09/30/2023	11/02/2023	10-Q
06/30/2023	08/03/2023	10-Q
03/31/2023	05/03/2023	10-Q
12/31/2022	02/27/2023	10-K
09/30/2022	11/03/2022	10-Q
06/30/2022	08/04/2022	10-Q
03/31/2022	05/04/2022	10-Q
12/31/2021	02/25/2022	10-K

Insider Activity

Expand for More

#	Owner	Title	Holding	Action	Filing Date	Price	Shares	Transacted Value	Value of Held Shares	Form
1	Nolan, Jeffrey W		Beneficiary Of Trust	Buy	3052025	23.39	10,000	233,947	6,831,533	Form
2	Utsch, Louis W	Vice President	Direct	Sell	2252025	28.10	9,584	269,310	267,062	Form
3	Palanivelu, Meenambigai	Vice President	Direct	Buy	2062025	26.70	1,573	41,999	989,636	Form
4	Deming, Claiborne P		Direct	Buy	2062025	26.47	50,000	1,323,415	24,659,218	Form
5	Deming, Claiborne P		Direct	Buy	2062025	26.56	50,000	1,328,000	26,072,651	Form

MUR Trade Sentinel

Core Investment Debate

BULL VIEW

CORE TENSION

PREVAILING SENTIMENT

BEAR VIEW

Next 6 months: Risks and Catalysts

Timeline	Event & Metric To Watch

Key Events in Last 6 Months

Date	Event	Stock Impact

Risk Management

Position Sizing

null

Diversification Alternatives

Stock Conviction

null

CONVICTION RATIONALE

null

STOCK ARCHETYPE

null

INVESTMENT THESIS

null

Mechanism: null

Supporting Evidence:

PRIMARY RISK

null

Mechanism: null

Supporting Evidence:

Key KPI Watchlist

KPI	Threshold	Rationale

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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Murphy Oil (MUR)

Market Price (2/23/2026): $33.735 | Market Cap: $4.8 BilSector: Energy | Industry: Oil & Gas Exploration & Production

Murphy Oil (MUR)

Market Price (2/23/2026): $33.735Market Cap: $4.8 BilSector: EnergyIndustry: Oil & Gas Exploration & Production

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

Stock Movement Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Return vs. Risk

Price Returns Compared

How Low Can It Go

In The Past

Preserve Wealth

Asset Allocation

About Murphy Oil (MUR)

Major Customers of Murphy Oil (MUR)

Crude Oil

Natural Gas

Interactive Breakdown

Better Bets vs. Murphy Oil (MUR)

INDUSTRY: Oil & Gas Exploration & Production

Higher Rev Chg 3Y Avg | Lower P/S (Values for MUR: -11.7% | 1.8x)

Higher Rev Chg 3Y Avg | Lower P/Op Inc (Values for MUR: -11.7% | 9.8x)

Higher Rev Chg LTM (Value for MUR: -13.9%)

Higher Rev Chg 3Y Avg (Value for MUR: -11.7%)

Higher Op Mgn LTM (Value for MUR: 17.9%)

Higher CFO/Rev LTM (Value for MUR: 52.1%)

Higher FCF/Rev LTM (Value for MUR: 14.8%)

Higher Total Yield (Value for MUR: 6.8%)

SECTOR: Energy

Higher Rev Chg 3Y Avg | Lower P/S (Values for MUR: -11.7% | 1.8x)

Higher Rev Chg 3Y Avg | Lower P/Op Inc (Values for MUR: -11.7% | 9.8x)

Higher Rev Chg LTM (Value for MUR: -13.9%)

Higher Rev Chg 3Y Avg (Value for MUR: -11.7%)

Higher Op Mgn LTM (Value for MUR: 17.9%)

Higher CFO/Rev LTM (Value for MUR: 52.1%)

Higher FCF/Rev LTM (Value for MUR: 14.8%)

Higher Total Yield (Value for MUR: 6.8%)

All Other Sectors

Higher Rev Chg 3Y Avg | Lower P/S (Values for MUR: -11.7% | 1.8x)

Higher Rev Chg 3Y Avg | Lower P/Op Inc (Values for MUR: -11.7% | 9.8x)

Higher Rev Chg LTM (Value for MUR: -13.9%)

Higher Rev Chg 3Y Avg (Value for MUR: -11.7%)

Higher Op Mgn LTM (Value for MUR: 17.9%)

Higher CFO/Rev LTM (Value for MUR: 52.1%)

Higher FCF/Rev LTM (Value for MUR: 14.8%)

Higher Total Yield (Value for MUR: 6.8%)

Best Bets in Energy

P/EBIT (Value for MUR: 13.8x)

P/E (Value for MUR: 33.7x)

Rev Chg 3Y Avg (Value for MUR: -11.7%)

Rev Chg LTM (Value for MUR: -13.9%)

Rev Chg Q (Value for MUR: -4.3%)

FCF/Rev 3Y Avg (Value for MUR: 20.3%)

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Market Price (2/23/2026): $33.735 | Market Cap: $4.8 Bil
Sector: Energy | Industry: Oil & Gas Exploration & Production

Market Price (2/23/2026): $33.735
Market Cap: $4.8 Bil
Sector: Energy
Industry: Oil & Gas Exploration & Production