10-K · February 25, 2026
Murphy Oil Corporation reported a revenue of $2.69 billion for the year ending December 31, 2025, reflecting a decline from $3.02 billion in 2024. The company achieved a diluted EPS of $0.73, down from $2.71 in the…
Earnings analysis · 10-Q
MUR earnings analysis
Filed May 6, 2026 · Our reading of the company's report
The latest report
Murphy Oil Corporation reported solid Q1 2026 results, with revenues of $732.4 million and an EPS of $0.37, surpassing analyst estimates of $709.6 million and $0.31 respectively. The company emphasized a positive…
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Murphy Oil Corporation reported solid Q1 2026 results, with revenues of $732.4 million and an EPS of $0.37, surpassing analyst estimates of $709.6 million and $0.31 respectively. The company emphasized a positive outlook, including planned capital expenditures between $1.2 billion and $1.3 billion for the year.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.37
- Operating margin
- 12.6%
What stood out
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Revenue of $732.4M; Beat Estimates
Q1 2026 revenue reached $732.4 million, exceeding the estimated $709.6 million.
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EPS of $0.37; Above Expectations
The diluted EPS for Q1 2026 was reported at $0.37, beating the consensus estimate of $0.31.
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Robust Capital Expenditure Guidance
Management anticipates capital expenditures between $1.2 billion to $1.3 billion for 2026.
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Production Estimates Reaffirmed
Murphy expects production rates between 167,000 and 175,000 BOEPD for the year.
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Strong Free Cash Flow
Free cash flow for the quarter was solid at $167 million, indicating strong operational cash generation.
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Improved Operating Margin
Operating margin improved to 12.6% in Q1 2026 from 11.7% in Q4 2025.
What to watch
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Increased Capital Expenditures
Management indicated that capital expenditures are expected to be in the range of $1.2 billion to $1.3 billion, which raises concerns about cash flow sustainability.
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Geopolitical Risks
The impact of geopolitical instability, notably tensions in the Middle East, may affect commodity prices and operational stability.
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Debt Exposure
The company has potential exposure related to its debt management, especially given interest rate volatility.
Management's outlook
Expect capital expenditures for the year to be between $1.2 billion and $1.3 billion.
Earlier filings 4
10-Q · November 5, 2025
Murphy Oil Corporation reported a strong third quarter for 2025, exceeding earnings and revenue expectations. Revenue increased to $732.9 million, up 10.8% from the previous quarter and 6.8% year-over-year, while EPS…
10-Q · August 6, 2025
Murphy Oil Corporation's Q2 2025 earnings report shows a notable increase in revenue and EPS compared to the previous quarter and year. Revenue decreased slightly from $673 million in Q1 2025 to $683 million in Q2 2025,…
10-Q · May 7, 2025
Murphy Oil Corporation reported revenue of $673 million in Q1 2025, slightly decreasing from $670 million in Q4 2024, however it showed a significant decline compared to the previous year's $795 million. Gross margin…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.