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Murphy Oil MUR United States — Exploration costs charged to expense

Similar metrics at other companies

APA Corporation logo
APAUnited States — Exploration
$19M-49.3%
APA Corporation logo
APAU.S. — Exploration
$3M+50.0%
ConocoPhillips logo
COPLower 48 — Expensed
$0
Devon Energy logo
DVNExploration
$10.75M+53.6%
Antero Resources logo
ARExploration — Cost of Goods Sold
$792K+18.6%
MGY
MGYExploration Expense
$1.74M+401%

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 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 united states — exploration costs charged to expense?
Murphy Oil (MUR) reported united states — exploration costs charged to expense of $8.38M in Q4 2025.
How has Murphy Oil's united states — exploration costs charged to expense changed year-over-year?
Murphy Oil's united states — exploration costs charged to expense decreased by 62.8% year-over-year, from $22.5M to $8.38M.
What is the long-term trend for Murphy Oil's united states — exploration costs charged to expense?
Over 4 years (2021 to 2025), Murphy Oil's united states — exploration costs charged to expense has grown at a 2.5% compound annual growth rate (CAGR), from $30.4M to $33.5M.
What does united states — exploration costs charged to expense mean?
Captures the portion of exploration expenditures that are recognized as immediate expenses in the income statement rather than being capitalized. A high value may indicate significant unsuccessful exploration efforts or changes in accounting treatment for geological assessments.