MURNYSECrude Petroleum & Natural GasUS GAAP · USD

Murphy Oil Corporation

Murphy Oil Corp. is an independent oil and gas exploration and production company focused on crude oil, natural gas and natural gas liquids. It develops and produces hydrocarbons across onshore U.S. shale and offshore/international assets, with reserves management and capital allocation as core operating disciplines.

Kysy yhtiöstä
Liikevaihto2 719milj. USD
−10,2 %v/v
Liikevoitto (EBIT)301milj. USD
−50,0 %v/v
EBIT-marginaali11,1%
−8,8 %-yks.v/v
Nettotulos104milj. USD
−74,4 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−2 00002 0004 0006 000milj. USD2020: 1 967 milj. USD2020: EBIT −1 362 milj. USD20202021: 2 801 milj. USD2021: EBIT 281 milj. USD20212022: 4 220 milj. USD2022: EBIT 1 587 milj. USD20222023: 3 460 milj. USD2023: EBIT 1 042 milj. USD20232024: 3 028 milj. USD2024: EBIT 603 milj. USD20242025: 2 719 milj. USD2025: EBIT 301 milj. USD20252 719301
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Upstream oil production55 %

Development and production of crude oil from onshore and offshore fields.

Natural gas production25 %

Production and sale of natural gas from U.S. and Canadian assets.

Natural gas liquids10 %

NGL volumes produced alongside oil and gas operations and sold into market channels.

Exploration and appraisal5 %

Seismic, drilling and appraisal activity to add reserves and future production.

Reserve management and technical services5 %

Internal reserve estimation, audits and reporting processes supporting SEC filings.

Tuotteet

Raportoitu · osuus liikevaihdosta
82,8%14,2%FY2025100 %
  • Oil Reserves82,8 %
  • Natural Gas Reserves14,2 %
  • Natural Gas Liquids Reserves3,0 %

Lähde: 10-K FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

Murphy sells primarily into commodity markets rather than to a narrow customer base, so its end buyers are refiners, marketers, utilities and industrial users that purchase oil, gas and NGLs through market channels. In Canada, fixed-price forward gas sales and derivative swaps show that the company also manages exposure to counterparties and pricing hubs. Demand is driven by energy consumption, regional gas balances and export infrastructure rather than long-term customer contracts.

Commodity market buyers

Refiners, marketers and traders buy crude oil and NGLs at market prices for downstream processing or resale.

Natural gas purchasers

Utilities, industrial users and gas marketers buy gas from Murphy's U.S. and Canadian production.

Hedging and contract counterparties

Financial and physical counterparties enter swaps and fixed-price sales to manage price risk and secure volumes.

Project and asset partners

Working-interest partners and joint venture participants share development costs and production in selected assets.

Strategia

Murphy is prioritizing disciplined capital deployment into projects that can add reserves and production while preserving liquidity through commodity cycles. Near-term work centers on U.S. development, Canadian gas risk management, and international exploration/appraisal in Vietnam and Côte d'Ivoire to extend the reserve base.

Fund development with operating cash flow and liquidityLyhyt aikaväli

The business is highly exposed to commodity prices, so self-funding protects the capital program in weak markets.

Grow reserves through exploration and appraisalKeskipitkä aikaväli

Reserve replacement is essential for sustaining long-term production in an upstream business.

Advance Vietnam development to first oilKeskipitkä aikaväli

New field start-up can diversify production and add higher-quality future volumes.

Manage price exposure with hedging and fixed-price salesLyhyt aikaväli

Commodity volatility can quickly change cash flow and capital spending capacity.

Maantiede

Murphy's core operating footprint spans the United States, Canada and selected international offshore basins, including Vietnam and Côte d'Ivoire. The U.S. remains central through Eagle Ford and Gulf of America activity, while Canada is important for natural-gas-weighted operations and hedging activity. International exploration and development programs are a key source of future reserve growth and production diversification.

Riskit

Murphy's earnings and cash flow are highly sensitive to crude oil and natural gas prices, reserve revisions and drilling success. The company also faces environmental, regulatory and operational risks tied to hydraulic fracturing, offshore development and remediation obligations, while international projects add geopolitical and execution risk.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Environmental and remediation liabilities1Hydraulic fracturing and water disposal constraints5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Environmental and remediation liabilitiesVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Contamination, spills and legacy site cleanup can require investigation, remediation and third-party claim settlements.

    Kohdistuu: Current and former operating sites

  2. Oil and natural gas price volatilityVaikutus: Korkea

    Revenue is tied to market prices for crude oil, gas and NGLs, which can move sharply with supply/demand and geopolitics.

    Kohdistuu: All producing assets

  3. Reserve estimation and revision riskVaikutus: Korkea

    Downward reserve revisions can reduce future production expectations and create impairment or depreciation impacts.

    Kohdistuu: Proved reserves base

  4. Exploration and appraisal execution riskVaikutus: Korkea

    Dry holes or sub-commercial discoveries would reduce returns on drilling capital.

    KohdistuuVietnamCôte d'IvoireGulf of America
  5. Hydraulic fracturing and water disposal constraintsVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Fracturing uses significant water and wastewater disposal can face regulatory or seismic restrictions.

    KohdistuuEagle FordKaybob DuvernayTupper Montney

Kirjanpito

Harkinnanvaraiset erät
Proved reserves estimation

Reserve volumes underpin depreciation, depletion, impairment and future production assumptions.

Vaikutus: Can materially change earnings and asset values

Asset retirement obligations

Reserve life and operating plans affect the timing and amount of decommissioning liabilities.

Vaikutus: Affects liabilities and accretion expense

Derivative and fixed-price contract accounting

Hedging and normal-sales treatment determine whether price protection flows through earnings or revenue differently.

Vaikutus: Can smooth or amplify quarterly results

Environmental remediation accruals

Cleanup obligations are estimated from site conditions, legal requirements and remediation plans.

Vaikutus: Can create material charges and liabilities

Samankaltaisia listattuja yhtiöitä

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

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Päivitetty: 24.9.2026