Murphy Oil Corporation

Murphy Oil Corporation is an independent global oil and natural gas exploration and production company headquartered in Houston, Texas. The company's mission is to challenge the norm, leverage its legacy, and apply foresight and financial discipline to deliver inspired energy solutions.

Murphy Oil primarily explores for and produces crude oil, natural gas, and natural gas liquids. Its diverse portfolio includes significant assets in the deepwater Gulf of Mexico, the Eagle Ford Shale in South Texas, and Canadian operations in the Western Canadian Sedimentary Basin, including the Tupper Montney and Kaybob Duvernay. The company also engages in exploration activities in regions such as Vietnam and Côte d'Ivoire.

Eric M. Hambly serves as the President and Chief Executive Officer, a role he assumed on January 1, 2025. In the second quarter of 2026, Murphy Oil reported a significant increase in net income, driven by strong oil prices. The company has also increased its 2026 capital expenditure guidance to between $1.55 billion and $1.6 billion to fund high-impact appraisal and development projects, notably following an oil discovery in Bubale-1X offshore Côte d'Ivoire. Murphy Oil maintains a quarterly cash dividend of $0.35 per share.