Murphy Oil Corp - Company Profile
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Murphy Oil Corp (Murphy) is an independent oil and gas exploration and production company that explores for and produces crude oil, natural gas, and natural gas liquids. The company has interests in production sharing contracts, and serves as operator of several fields. The company has strong, oil-weighted portfolio of global offshore and North American onshore assets with focus on Deep water Gulf of Mexico. Its upstream operating offices in the US and Canada and owns and operates oil and gas fields in several countries across Asia-Pacific and the Americas and offices in Houston, Texas and Ho Chi Minh City, Vietnam. Murphy is headquartered in Houston, Texas, the US.
Headquarters
United States of America
Address
9805 Katy Fwy, Suite G-200, Houston, Texas, 77024
Website
www.murphyoilcorp.com
Telephone
1 281 6759000
No of Employees
813
Industry
Energy and Utilities
Ticker Symbol & Exchange
MUR (NYSE)
Revenue (2024)
$2.7B
-10.6%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-74.4%
(2024 vs 2023)
Market Cap*
$4.6B
Net Profit Margin (2024)
XYZ
-71.3%
(2024 vs 2023)
* As of and is in US$
Murphy Oil Corp premium industry data and analytics
Products and Services
| Products |
|---|
| Crude Oil |
| Natural Gas Liquids (NGL) |
| Natural Gas |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Oil/Gas Discovery | In June, the company announces oil discovery at the Bubale-1X exploration well in Block CI-709 offshore Cote d lvoire. |
| 2025 | Contracts/Agreements | In November, Murphy Exploration & Production Company entered into an agreement with GeoComputing for migrating exploration and subsurface workflows to GeoComputing’s RiVA private cloud platform. |
| 2025 | Contracts/Agreements | In March, the company entered into a sale and purchase agreement with BW Offshore to acquire the BW Pioneer floating production storage and offloading vessel. |
Competitor Comparison
| Key Parameters | Murphy Oil Corp | Devon Energy Corp | Hess Corp | APA Corp | Ovintiv Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Houston | Oklahoma City | New York City | Houston | Denver |
| State/Province | Texas | Oklahoma | New York | Texas | Colorado |
| No. of Employees | 813 | 2,200 | 1,797 | 1,791 | 1,465 |
| Entity Type | Public | Public | Private | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Claiborne P. Deming | Chairman | Executive Board | 2012 | 71 |
| Eric M. Hambly | Chief Executive Officer; President | Senior Management | 2025 | 51 |
| Thomas J. Mireles | Executive Vice President; Chief Financial Officer | Senior Management | 2022 | 53 |
| Molly W. Smith | Chief Technology Officer; Senior Vice President | Senior Management | - | - |
| Christopher C. Olson | Senior Vice President - Explorationand Subsurface | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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