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-23.6% | $9M— | -$6.1M-125% | $10.5M+18.0% | $41.5M+114% | |
| Other | -$82.7M-638% | -$36.2M-159% | -$12M-154% | -$7.3M+27.7% | -$11.2M-3.7% | |
| United States | $156.6M+45.1% | $85.2M-17.2% | $28.9M-79.2% | $86.5M-53.4% | $107.9M-19.8% | |
| Revenues, Adjustments by Business | ||||||
| Canada | $155.2M-6.3% | $129.9M+35.5% | $108M-31.6% | $128.3M+7.8% | $165.7M+21.0% | |
| Other | $2.9M— | $12.7M+297% | $100K+113% | $2.9M-32.6% | $0— | |
| United States | $575.5M+13.0% | $483.1M-15.6% | $613.7M+2.8% | $553.5M-18.5% | $509.5M-22.8% | |
| 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-50.0% | $500K-97.5% | $400K-42.9% | |
| Other Operating Income (Expense), Net, Adjustment by Business | ||||||
| Canada | -$100K+88.9% | —— | —— | —— | -$900K-28.6% | |
| Other | -$300K-200% | —— | —— | —— | -$100K+81.0% | |
| United States | -$4M-53.8% | —— | —— | —— | -$2.6M-11.8% | |
| Current income tax expense by Business | ||||||
| Canada | $9.6M-29.9% | —— | -$1.7M-121% | $300K+109% | $13.7M+136% | |
| Other | $300K— | $100K— | $0+100% | $200K-33.3% | $0— | |
| United States | $1M+100% | —— | $1M+25.0% | $700K-36.4% | $500K-50.0% | |
| Income Tax Expense (Benefit), Adjustment by Business | ||||||
| Canada | $11.2M-21.7% | $4.1M+413% | -$1.9M-123% | -$1.9M+54.8% | $14.3M+107% | |
| Other | $3.7M— | -$1.2M— | -$400K+98.8% | -$500K-156% | $0+100% | |
| United States | $38.3M+53.2% | $23.9M+54.2% | $8.9M-74.7% | $19.9M-54.6% | $25M-18.8% | |
| Gain on sale of assets and other operating income by Business | ||||||
| Canada | $400K0.0% | $400K+33.3% | $500K+66.7% | $400K0.0% | $400K0.0% | |
| Other | $0— | $10M— | $0— | $0— | $0— | |
| United States | $800K-61.9% | $2.3M+64.3% | $300K-40.0% | $1.3M-7.1% | $2.1M+75.0% | |
| Other segment costs (income) by Business | ||||||
| Canada | $400K0.0% | $500K+400% | $400K— | $100K+133% | $400K+300% | |
| Other | $300K+50.0% | $300K— | -$300K-400% | $100K0.0% | $200K+100% | |
| United States | $1.1M+22.2% | $1.6M0.0% | $800K-55.6% | $1M-44.4% | $900K-50.0% | |
| Selling and general expenses by Business | ||||||
| Canada | $7.5M+25.0% | $6.6M+6.5% | $5.4M+14.9% | $5.7M+26.7% | $6M+17.6% | |
| Other | $2.1M+10.5% | $2.1M+16.7% | $2.2M+15.8% | $2.6M+44.4% | $1.9M+58.3% | |
| United States | $5.5M+175% | $5M— | $1.9M+212% | $4.8M+241% | $2M+1,100% | |
| Total Assets by Business | ||||||
| Canada | $1.98B+0.9% | $2B+4.2% | $1.98B-3.0% | $2.04B-0.6% | $1.96B-4.6% | |
| Other | $660.7M+91.1% | $598.1M+98.0% | $411.8M+54.5% | $364.4M+49.2% | $345.7M+64.5% | |
| United States | $6.92B-1.8% | $6.77B-2.6% | $6.85B-3.4% | $6.98B-3.3% | $7.05B+0.2% | |
| Interest expense, net of capitalization by Business | ||||||
| Canada | $100K— | —— | $100K— | $200K+100% | $0-100% | |
| Other | $0— | $100K0.0% | $0— | $0— | $0— | |
| United States | $100K— | $100K— | $0-100% | $0— | $0— | |
| Lease operating expenses and taxes other than income by Business | ||||||
| Canada | $41.8M-7.5% | $45.8M+32.0% | $41.2M-20.3% | $46.6M+6.6% | $45.2M-3.2% | |
| Other | $800K+100% | $900K+50.0% | $400K+33.3% | $900K+80.0% | $400K+100% | |
| United States | $80.8M-19.4% | $95.5M-22.2% | $95.6M-11.5% | $100M-16.9% | $100.3M-16.6% | |
| Operating Lease, Expense by Business | ||||||
| Canada | $44.9M-4.7% | $47.6M+27.3% | $42.7M-20.6% | $48.2M+2.8% | $47.1M-0.8% | |
| Other | $800K+100% | $900K+50.0% | $400K+33.3% | $900K+80.0% | $400K+100% | |
| United States | $97.8M-37.9% | $111.7M-38.7% | $141.3M-16.3% | $166.5M-21.5% | $157.6M-15.5% | |
| Severance and ad valorem taxes by Business | ||||||
| Canada | $800K+167% | $400K+33.3% | $400K+33.3% | $300K-25.0% | $300K0.0% | |
| Other | $0— | $0— | $0— | $0— | $0— | |
| United States | $12.9M+53.6% | $7M-11.4% | $11.9M+17.8% | $10.5M+5.0% | $8.4M-14.3% | |
| Transportation, gathering and processing by Business | ||||||
| Canada | $21.9M+8.4% | $24M+23.1% | $24.8M+17.0% | $23.8M+23.3% | $20.2M+1.5% | |
| Other | $0— | $0— | $0— | $0— | $0— | |
| United States | $25.2M-12.2% | $24.6M-27.2% | $23.3M-11.4% | $30.3M-11.4% | $28.7M-21.6% | |
| Depreciation, depletion and amortization by Business | ||||||
| Canada | $34M+4.9% | $35M+9.7% | $39.3M-8.2% | $38.1M+3.0% | $32.4M-5.5% | |
| Other | $1.1M+1,000% | $1.3M+62.5% | $0— | $1.2M+33.3% | $100K— | |
| United States | $216.9M+36.1% | $202.4M+11.9% | $242.1M+35.0% | $218.3M+24.7% | $159.4M-8.4% | |
| Additions to property, plant, equipment by Business | ||||||
| Canada | $62.1M+12.1% | $25.5M+70.0% | $26M+92.6% | $45.7M+8.6% | $55.4M-17.6% | |
| Other | $71.3M+102% | $86.5M+218% | $41.1M+100% | $20.8M+71.9% | $35.3M+1,117% | |
| United States | $254.8M-19.6% | $177.1M+95.9% | $111.6M-14.3% | $176.2M-9.7% | $317.1M+104% | |
| Exploration expenses, including undeveloped lease amortization by Business | ||||||
| Canada | $0-100% | $100K0.0% | $200K-33.3% | $0-100% | $100K0.0% | |
| Other | $77.1M+829% | $45.1M+360% | $9.8M+24.1% | $7.1M-28.3% | $8.3M-8.8% | |
| United States | $5.7M-6.6% | $9.1M+75.0% | $22.5M-3.0% | $3.3M-89.9% | $6.1M-82.7% | |
| Geological and geophysical by Business | ||||||
| Canada | $0— | $0— | $100K0.0% | $0-100% | $0— | |
| Other | $800K+167% | $7.1M+77.5% | $1.1M-60.7% | $200K-96.0% | $300K-62.5% | |
| United States | $800K-75.0% | $4.2M+367% | $19.1M+92.9% | $700K-76.7% | $3.2M+433% | |
| Repair and maintenance by Business | ||||||
| Canada | $700K-56.3% | $1.1M-31.3% | $1.4M-22.2% | $1.1M+22.2% | $1.6M+167% | |
| Other | $0— | $0— | $0— | $0— | $0— | |
| United States | $12.3M+20.6% | $22.8M+4.6% | $13.9M-7.9% | $13.9M-11.5% | $10.2M-7.3% | |
| Accretion by Business | ||||||
| Canada | $2.6M+4.0% | $2.6M+18.2% | $2.6M+23.8% | $2.6M+23.8% | $2.5M+19.0% | |
| Other | $200K0.0% | $100K0.0% | $200K0.0% | $200K0.0% | $200K-33.3% | |
| United States | $11.6M+2.7% | $11.8M+6.3% | $11.8M+8.3% | $11.6M+7.4% | $11.3M+8.7% | |
| Other exploratory costs, including undeveloped lease amortization and delay lease rentals by Business | ||||||
| Canada | $0-100% | $100K0.0% | $100K-50.0% | $0-100% | $100K0.0% | |
| Other | $9.2M+15.0% | $8M+53.8% | $7.8M+66.0% | $6.8M+38.8% | $8M+12.7% | |
| United States | $4.9M+81.5% | $4.9M+277% | $3.5M+40.0% | $3.6M-5.3% | $2.7M-20.6% | |
| Dry holes and previously suspended exploration costs by Business | ||||||
| Canada | $0— | $0— | $0— | $0— | $0— | |
| Other | $67.1M— | $30M+4,900% | $900K+125% | $100K— | $0-100% | |
| United States | $0-100% | $0-100% | -$100K-101% | -$1M-104% | $200K-99.4% | |
| Workovers by Business | ||||||
| Canada | $2.4M+700% | $700K-36.4% | $100K-66.7% | $500K-78.3% | $300K+50.0% | |
| Other | $0— | $0— | $0— | $0— | $0— | |
| United States | $4.7M-90.0% | $0-100% | $31.8M-30.4% | $52.6M-30.9% | $47.1M-15.0% | |
| Revenue from production by Product | ||||||
| Net crude oil and condensate revenue | $595.43M+8.1% | $486.5M-14.2% | $619.37M-6.5% | $570.45M-20.2% | $551.02M-20.3% | |
| Net natural gas liquids revenue | $16.96M-13.0% | $17.78M-15.0% | $23.18M+13.9% | $19.73M+8.1% | $19.48M-0.8% | |
| Net natural gas revenue | $119.97M+17.4% | $108.8M+33.4% | $78.42M+11.0% | $92.89M+44.2% | $102.23M+22.5% | |
| 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 | $4.6M+4.5% | $4.6M+4.5% | $4.6M-2.1% | $4.7M0.0% | $4.4M-6.4% | |
| Vietnam | $107M+81.4% | $91.5M+506% | $68.2M+352% | $65M+330% | $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.