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Murphy Oil MUR Crude Oil — Proved undeveloped reserves

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Other financials

Income statement

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Revenue$928.3M+33.5%
Gross profit$624.6M-6.9%
Operating income$354.7M+285%
Net income$232.2M+942%
EPS (diluted)$1.59+894%

Balance sheet

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Cash & equivalents$483.9M+27.5%
Total debt$2.3B+4.9%
Total equity$5.3B+1.2%
Total assets$10.3B+4.5%

Cash flow

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Operating cash flow$655.9M+83.2%

Valuation

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Market cap$4.74B+40.5%
Enterprise value$6.52B+26.5%
P/E16.1×+4.3×
P/S1.6×+0.4×

Profitability

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Gross margin100.4%+0.5pp
Operating margin18.6%+0.6pp
Net margin9.8%-0.4pp
FCF margin4.9%

Returns & leverage

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Return on equity5.6%+0.2pp
Debt / equity0.4×0.0×
Current ratio0.9×0.0×

Where this comes from

Reported directly by Murphy Oil in its filing.

Tagged under the XBRL concept srt:ProvedUndevelopedReserveVolume.

The source filing: Murphy Oil’s 10-K, filed February 25, 2026.

Filed
Feb 25, 2026, 4:30 PM EST
Fiscal year
FY2025
Accession
0001628280-26-011709
(Millions of barrels)TotalUnited StatesCanadaOther
December 31, 2023186.3163.722.30.3
December 31, 2024184.7164.120.40.2
December 31, 2025 ²173.1150.822.10.2
Proved undeveloped crude oil reserves:
December 31, 202294.669.225.30.1
December 31, 202389.564.313.112.1
December 31, 202490.461.117.312.0
December 31, 2025 ³95.667.416.112.1

Item 16. FORM 10-K SUMMARY

FAQ

What is Murphy Oil's crude oil — proved undeveloped reserves?
Murphy Oil (MUR) reported crude oil — proved undeveloped reserves of $95.6M in Q4 2025.
How has Murphy Oil's crude oil — proved undeveloped reserves changed year-over-year?
Murphy Oil's crude oil — proved undeveloped reserves increased by 5.8% year-over-year, from $90.4M to $95.6M.
What does crude oil — proved undeveloped reserves mean?
This metric represents the volume of proved crude oil reserves that require additional capital investment, such as drilling new wells, to be brought into production. It reflects the company's future growth pipeline and the potential for increasing production capacity. A significant volume of undeveloped reserves indicates future development opportunities but also highlights future capital expenditure requirements.

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