Murphy Oil MUR Asset Retirement Obligation Accretion Expense
Asset Retirement Obligation Accretion Expense at other companies
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Where this comes from
Reported directly by Murphy Oil in its filing.
Tagged under the XBRL concept us-gaap:AssetRetirementObligationAccretionExpense.
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 asset retirement obligation accretion expense?
- Murphy Oil (MUR) reported asset retirement obligation accretion expense of $14.51M in Q1 2026.
- How has Murphy Oil's asset retirement obligation accretion expense changed year-over-year?
- Murphy Oil's asset retirement obligation accretion expense increased by 3.3% year-over-year, from $14.05M to $14.51M.
- What is the long-term trend for Murphy Oil's asset retirement obligation accretion expense?
- Over 4 years (2021 to 2025), Murphy Oil's asset retirement obligation accretion expense has grown at a 5.5% compound annual growth rate (CAGR), from $46.61M to $57.73M.
- What does asset retirement obligation accretion expense mean?
- This represents the periodic increase in the carrying amount of the liability for asset retirement obligations due to the passage of time. It reflects the unwinding of the discount applied to future site restoration and environmental cleanup costs required at the end of an asset's life.