Murphy Oil MUR Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Net income including noncontrolling interest by Business | ||||||
| Canada | $31.7M+252% | $9M+248% | -$6.1M-158% | $10.5M-74.7% | $41.5M— | |
| Other | -$82.7M-128% | -$36.2M-202% | -$12M-64.4% | -$7.3M+34.8% | -$11.2M+20.0% | |
| United States | $156.6M+83.8% | $85.2M+195% | $28.9M-66.6% | $86.5M-19.8% | $107.9M+4.9% | |
| Revenues, Adjustments by Business | ||||||
| Canada | $155.2M+19.5% | $129.9M+20.3% | $108M-15.8% | $128.3M-22.6% | $165.7M+72.8% | |
| Other | $2.9M-77.2% | $12.7M+12,600% | $100K-96.6% | $2.9M— | $0-100% | |
| United States | $575.5M+19.1% | $483.1M-21.3% | $613.7M+10.9% | $553.5M+8.6% | $509.5M-11.0% | |
| Other Nonoperating Income (Expense), Adjustment by Business | ||||||
| Canada | $0— | $0— | $0— | $0— | $0— | |
| Other | $0— | $0— | $0— | $0— | $0— | |
| United States | $200K-50.0% | $400K0.0% | $400K-20.0% | $500K+25.0% | $400K0.0% | |
| Other Operating Income (Expense), Net, Adjustment by Business | ||||||
| Canada | -$100K— | —— | —— | —— | -$900K-28.6% | |
| Other | -$300K— | —— | —— | —— | -$100K+81.0% | |
| United States | -$4M— | —— | —— | —— | -$2.6M-11.8% | |
| Current income tax expense by Business | ||||||
| Canada | $9.6M— | —— | -$1.7M-667% | $300K-97.8% | $13.7M— | |
| Other | $300K+200% | $100K— | $0-100% | $200K— | $0— | |
| United States | $1M— | —— | $1M+42.9% | $700K+40.0% | $500K— | |
| Income Tax Expense (Benefit), Adjustment by Business | ||||||
| Canada | $11.2M+173% | $4.1M+316% | -$1.9M0.0% | -$1.9M-113% | $14.3M+1,688% | |
| Other | $3.7M+408% | -$1.2M-200% | -$400K+20.0% | -$500K— | $0— | |
| United States | $38.3M+60.3% | $23.9M+169% | $8.9M-55.3% | $19.9M-20.4% | $25M+61.3% | |
| Gain on sale of assets and other operating income by Business | ||||||
| Canada | $400K0.0% | $400K-20.0% | $500K+25.0% | $400K0.0% | $400K+33.3% | |
| Other | $0-100% | $10M— | $0— | $0— | $0— | |
| United States | $800K-65.2% | $2.3M+667% | $300K-76.9% | $1.3M-38.1% | $2.1M+50.0% | |
| Other segment costs (income) by Business | ||||||
| Canada | $400K-20.0% | $500K+25.0% | $400K+300% | $100K-75.0% | $400K+300% | |
| Other | $300K0.0% | $300K+200% | -$300K-400% | $100K-50.0% | $200K— | |
| United States | $1.1M-31.3% | $1.6M+100% | $800K-20.0% | $1M+11.1% | $900K-43.8% | |
| Selling and general expenses by Business | ||||||
| Canada | $7.5M+13.6% | $6.6M+22.2% | $5.4M-5.3% | $5.7M-5.0% | $6M-3.2% | |
| Other | $2.1M0.0% | $2.1M-4.5% | $2.2M-15.4% | $2.6M+36.8% | $1.9M+5.6% | |
| United States | $5.5M+10.0% | $5M+163% | $1.9M-60.4% | $4.8M+140% | $2M— | |
| Total Assets by Business | ||||||
| Canada | $1.98B-1.0% | $2B+0.9% | $1.98B-2.8% | $2.04B+3.8% | $1.96B+2.3% | |
| Other | $660.7M+10.5% | $598.1M+45.2% | $411.8M+13.0% | $364.4M+5.4% | $345.7M+14.5% | |
| United States | $6.92B+2.1% | $6.77B-1.1% | $6.85B-2.0% | $6.98B-0.9% | $7.05B+1.3% | |
| Interest expense, net of capitalization by Business | ||||||
| Canada | $100K— | —— | $100K-50.0% | $200K— | $0-100% | |
| Other | $0-100% | $100K— | $0— | $0— | $0-100% | |
| United States | $100K0.0% | $100K— | $0— | $0— | $0— | |
| Lease operating expenses and taxes other than income by Business | ||||||
| Canada | $41.8M-8.7% | $45.8M+11.2% | $41.2M-11.6% | $46.6M+3.1% | $45.2M+30.3% | |
| Other | $800K-11.1% | $900K+125% | $400K-55.6% | $900K+125% | $400K-33.3% | |
| United States | $80.8M-15.4% | $95.5M-0.1% | $95.6M-4.4% | $100M-0.3% | $100.3M-18.3% | |
| Operating Lease, Expense by Business | ||||||
| Canada | $44.9M-5.7% | $47.6M+11.5% | $42.7M-11.4% | $48.2M+2.3% | $47.1M+25.9% | |
| Other | $800K-11.1% | $900K+125% | $400K-55.6% | $900K+125% | $400K-33.3% | |
| United States | $97.8M-12.4% | $111.7M-20.9% | $141.3M-15.1% | $166.5M+5.6% | $157.6M-13.5% | |
| Severance and ad valorem taxes by Business | ||||||
| Canada | $800K+100% | $400K0.0% | $400K+33.3% | $300K0.0% | $300K0.0% | |
| Other | $0— | $0— | $0— | $0— | $0— | |
| United States | $12.9M+84.3% | $7M-41.2% | $11.9M+13.3% | $10.5M+25.0% | $8.4M+6.3% | |
| Transportation, gathering and processing by Business | ||||||
| Canada | $21.9M-8.8% | $24M-3.2% | $24.8M+4.2% | $23.8M+17.8% | $20.2M+3.6% | |
| Other | $0— | $0— | $0— | $0— | $0— | |
| United States | $25.2M+2.4% | $24.6M+5.6% | $23.3M-23.1% | $30.3M+5.6% | $28.7M-15.1% | |
| Depreciation, depletion and amortization by Business | ||||||
| Canada | $34M-2.9% | $35M-10.9% | $39.3M+3.1% | $38.1M+17.6% | $32.4M+1.6% | |
| Other | $1.1M-15.4% | $1.3M— | $0-100% | $1.2M+1,100% | $100K-87.5% | |
| United States | $216.9M+7.2% | $202.4M-16.4% | $242.1M+10.9% | $218.3M+37.0% | $159.4M-11.9% | |
| Additions to property, plant, equipment by Business | ||||||
| Canada | $62.1M+144% | $25.5M-1.9% | $26M-43.1% | $45.7M-17.5% | $55.4M+269% | |
| Other | $71.3M-17.6% | $86.5M+110% | $41.1M+97.6% | $20.8M-41.1% | $35.3M+29.8% | |
| United States | $254.8M+43.9% | $177.1M+58.7% | $111.6M-36.7% | $176.2M-44.4% | $317.1M+251% | |
| Exploration expenses, including undeveloped lease amortization by Business | ||||||
| Canada | $0-100% | $100K-50.0% | $200K— | $0-100% | $100K0.0% | |
| Other | $77.1M+71.0% | $45.1M+360% | $9.8M+38.0% | $7.1M-14.5% | $8.3M-15.3% | |
| United States | $5.7M-37.4% | $9.1M-59.6% | $22.5M+582% | $3.3M-45.9% | $6.1M+17.3% | |
| Geological and geophysical by Business | ||||||
| Canada | $0— | $0-100% | $100K— | $0— | $0— | |
| Other | $800K-88.7% | $7.1M+545% | $1.1M+450% | $200K-33.3% | $300K-92.5% | |
| United States | $800K-81.0% | $4.2M-78.0% | $19.1M+2,629% | $700K-78.1% | $3.2M+256% | |
| Repair and maintenance by Business | ||||||
| Canada | $700K-36.4% | $1.1M-21.4% | $1.4M+27.3% | $1.1M-31.3% | $1.6M0.0% | |
| Other | $0— | $0— | $0— | $0— | $0— | |
| United States | $12.3M-46.1% | $22.8M+64.0% | $13.9M0.0% | $13.9M+36.3% | $10.2M-53.2% | |
| Accretion by Business | ||||||
| Canada | $2.6M0.0% | $2.6M0.0% | $2.6M0.0% | $2.6M+4.0% | $2.5M+13.6% | |
| Other | $200K+100% | $100K-50.0% | $200K0.0% | $200K0.0% | $200K+100% | |
| United States | $11.6M-1.7% | $11.8M0.0% | $11.8M+1.7% | $11.6M+2.7% | $11.3M+1.8% | |
| Other exploratory costs, including undeveloped lease amortization and delay lease rentals by Business | ||||||
| Canada | $0-100% | $100K0.0% | $100K— | $0-100% | $100K0.0% | |
| Other | $9.2M+15.0% | $8M+2.6% | $7.8M+14.7% | $6.8M-15.0% | $8M+53.8% | |
| United States | $4.9M0.0% | $4.9M+40.0% | $3.5M-2.8% | $3.6M+33.3% | $2.7M+108% | |
| Dry holes and previously suspended exploration costs by Business | ||||||
| Canada | $0— | $0— | $0— | $0— | $0— | |
| Other | $67.1M+124% | $30M+3,233% | $900K+800% | $100K— | $0-100% | |
| United States | $0— | $0+100% | -$100K+90.0% | -$1M-600% | $200K-93.3% | |
| Workovers by Business | ||||||
| Canada | $2.4M+243% | $700K+600% | $100K-80.0% | $500K+66.7% | $300K-72.7% | |
| Other | $0— | $0— | $0— | $0— | $0— | |
| United States | $4.7M— | $0-100% | $31.8M-39.5% | $52.6M+11.7% | $47.1M+24.9% | |
| Revenue from production by Product | ||||||
| Net crude oil and condensate revenue | $595.43M+22.4% | $486.5M-21.5% | $619.37M+8.6% | $570.45M+3.5% | $551.02M-2.8% | |
| Net natural gas liquids revenue | $16.96M-4.6% | $17.78M-23.3% | $23.18M+17.5% | $19.73M+1.3% | $19.48M-6.9% | |
| Net natural gas revenue | $119.97M+10.3% | $108.8M+38.8% | $78.42M-15.6% | $92.89M-9.1% | $102.23M+25.3% | |
| Exploratory well costs capitalized more than one year by Geography | ||||||
| Brunei | $2.7M0.0% | $2.7M0.0% | $2.7M0.0% | $2.7M0.0% | $2.7M0.0% | |
| Canada | $4.6M0.0% | $4.6M0.0% | $4.6M-2.1% | $4.7M+6.8% | $4.4M0.0% | |
| Vietnam | $107M+16.9% | $91.5M+34.2% | $68.2M+4.9% | $65M+10.2% | $59M+291% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Murphy Oil break its business down?
- Murphy Oil (MUR) reports net income including noncontrolling interest by business across 3 parts — Canada, Other and United States. Each is extracted from the segment footnotes and tracked over time.
- Where does Murphy Oil's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Murphy Oil's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.