Skip to Content

Murphy Oil Corp MUR Stock Quote

| Rating as of

Morningstar‘s Stock Analysis MUR

Currency in USD
Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price


5-Star Price


Economic Moat


Capital Allocation


Murphy Still Concentrating on Balance Sheet Improvement, Delaying Buybacks and Dividend Hikes

Business Strategy and Outlook

| Dave Meats, CFA |

Murphy Oil repositioned itself as a pure-play exploration and production company in 2013, spinning off its retail gas and refinery businesses. Historically, the company’s capital efficiency was skewed to the weaker end of the peer group range, even after this transformation, but management has since narrowed the gap by downsizing the portfolio and shifting capital toward higher-margin projects.

Unlock Our Full Analysis With Morningstar Investor

Key Statistics MUR

Company Profile MUR

Business Description

Murphy Oil is an independent exploration and production company developing unconventional resources in the United States and Canada. At the end of 2021, the company reported net proved reserves of 699 million barrels of oil equivalent. Consolidated production averaged 167.4 thousand barrels of oil equivalent per day in 2021 at a ratio of 63% oil and natural gas liquids and 37% natural gas.

9805 Katy Freeway, Suite G-200
Houston, TX, 77024
T +1 281 675-9000
Sector Energy
Industry Oil & Gas E&P
Most Recent Earnings Jun 30, 2022
Fiscal Year End Dec 31, 2022
Employees 696

Related News MUR