Murphy OIL Corp. MUR

What this company does

Murphy Oil Corporation is a global oil and natural gas exploration and production (E&P) company, with both onshore and offshore operations and properties. Murphy's worldwide 2025 production, on a barrel-of-oil-equivalent basis, was 188,682 barrels of oil equivalent per day. The company's corporate headquarters are located in Houston, Texas. For reporting purposes, the company's E&P activities are subdivided into three geographic segments — the U.S., Canada, and all other countries — with a separate Corporate segment for interest income, interest expense, foreign exchange effects, corporate risk management activities, and administrative costs not allocated to the E&P segments. In the U.S., Murphy produces oil and natural gas primarily from fields in the Gulf of America and in the Eagle Ford Shale area of South Texas. In Canada, the company holds working interests in the Tupper Montney, the Kaybob Duvernay, and two non-operated offshore assets — the Hibernia and Terra Nova fields, located offshore Newfoundland and Labrador in the Jeanne d'Arc Basin. The company was originally incorporated in Louisiana in 1950 as Murphy Corporation, and was reincorporated in Delaware in 1964, when it adopted the name Murphy Oil Corporation.

Written from the business description in MURPHY OIL CORPORATION's annual report to the U.S. Securities and Exchange Commission, filed 25 February 2026. Every sentence was checked against that document before publication.