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Murphy Oil MUR Canada — Exploration expenses, including undeveloped lease amortization

Other segment segments

Other
$77.1M+829%
United States
$5.7M-6.6%

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Other financials

Income statement

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Revenue$733.6M+10.2%
Gross profit$624.6M-6.9%
Operating income$138.3M-3.9%
Net income$53.0M-27.5%
EPS (diluted)$0.37-26.0%

Balance sheet

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Cash & equivalents$378.8M-3.6%
Total debt$2.3B+4.6%
Total equity$5.1B-0.4%
Total assets$10.0B+2.2%

Cash flow

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Operating cash flow$321.2M+6.8%

Valuation

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Market cap$4.92B+45.9%

Profitability

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Gross margin100.4%+0.5pp
Operating margin10.7%-9.8pp
Net margin3%-10.4pp
FCF margin4.9%

Returns & leverage

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Return on equity1.6%-5.8pp
Debt / equity0.5×0.0×
Current ratio0.8×+0.1×

Where this comes from

Reported directly by Murphy Oil in its filing.

Tagged under the XBRL concept us-gaap:ExplorationExpense.

The official record: Murphy Oil’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Murphy Oil's canada — exploration expenses, including undeveloped lease amortization?
Murphy Oil (MUR) reported canada — exploration expenses, including undeveloped lease amortization of $0 in Q1 2026.
How has Murphy Oil's canada — exploration expenses, including undeveloped lease amortization changed year-over-year?
Murphy Oil's canada — exploration expenses, including undeveloped lease amortization decreased by 100.0% year-over-year, from $100K to $0.
What is the long-term trend for Murphy Oil's canada — exploration expenses, including undeveloped lease amortization?
Over 3 years (2022 to 2025), Murphy Oil's canada — exploration expenses, including undeveloped lease amortization has grown at a -28.6% compound annual growth rate (CAGR), from $1.1M to $400K.
What does canada — exploration expenses, including undeveloped lease amortization mean?
Aggregates all costs incurred during the search for new oil and gas reserves, excluding successful development drilling. This metric is a key indicator of the company's commitment to long-term reserve replacement in the region.