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Murphy Oil MUR Other — Exploration costs charged to expense

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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%
Enterprise value$6.84B+33.7%
P/E58.4×+49.8×
P/S1.8×+0.6×

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 mur:ResultsOfOperationsExplorationExpenseIncludingDiscontinuedOperations.

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

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Questions, answered.

What is Murphy Oil's other — exploration costs charged to expense?
Murphy Oil (MUR) reported other — exploration costs charged to expense of $16.55M in Q4 2025.
How has Murphy Oil's other — exploration costs charged to expense changed year-over-year?
Murphy Oil's other — exploration costs charged to expense increased by 97.6% year-over-year, from $8.38M to $16.55M.
What is the long-term trend for Murphy Oil's other — exploration costs charged to expense?
Over 4 years (2021 to 2025), Murphy Oil's other — exploration costs charged to expense has grown at a 36.1% compound annual growth rate (CAGR), from $19.3M to $66.2M.
What does other — exploration costs charged to expense mean?
Costs incurred during the search for new oil and gas reserves that do not meet the criteria for capitalization and are therefore recognized immediately as an expense. This reflects the financial impact of the company's exploratory risk and geological assessment activities.