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 non-cash interest expense associated with the future cost of plugging, abandoning, and reclaiming oil and gas wells.