What is Murphy Oil's other — dry hole expense?

Murphy Oil (MUR) reported other — dry hole expense of $7.75M in Q4 2025.

How has Murphy Oil's other — dry hole expense changed year-over-year?

Murphy Oil's other — dry hole expense increased by 1247.8% year-over-year, from $575K to $7.75M.

What does other — dry hole expense mean?

Reflects the costs associated with drilling exploratory or development wells that do not find commercially viable quantities of hydrocarbons in the 'Other' segment. This is a key risk metric that highlights the financial impact of unsuccessful exploration efforts.

Murphy Oil MUR Other — Dry hole expense

Similar metrics at other companies

DVNDry Hole Expense

$25M+150%

EOGDry Hole Expense

$45M+9.8%

FCXDry Hole Expense

$38M-2.6%

EOGDry Hole Costs

$23M-32.4%

EOGDry Hole Costs

$23M-32.4%

COPAsia Pacific — Dry hole expense

$20M—

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$321.2M+6.8%

Valuation

See full

Market cap$4.92B+45.9%

Profitability

See full

Gross margin100.4%+0.5pp

Operating margin10.7%-9.8pp

Net margin3%-10.4pp

FCF margin4.9%—

Returns & leverage

See full

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 mur:ResultsOfOperationsDryHoleCostsIncludingDiscontinuedOperations.

The official record: Murphy Oil’s 10-K, filed February 25, 2026, on SEC EDGAR. View the filing →

Ask your AI about Murphy Oil's other — dry hole expense.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Murphy Oil's other — dry hole expense?: Murphy Oil (MUR) reported other — dry hole expense of $7.75M in Q4 2025.
How has Murphy Oil's other — dry hole expense changed year-over-year?: Murphy Oil's other — dry hole expense increased by 1247.8% year-over-year, from $575K to $7.75M.
What does other — dry hole expense mean?: Reflects the costs associated with drilling exploratory or development wells that do not find commercially viable quantities of hydrocarbons in the 'Other' segment. This is a key risk metric that highlights the financial impact of unsuccessful exploration efforts.