Welcome to our dedicated page for Murphy Oil news (Ticker: MUR), a resource for investors and traders seeking the latest updates and insights on Murphy Oil stock.
Murphy Oil Corporation operates as an independent oil and natural gas company with a multi-basin onshore and offshore portfolio. Company news centers on quarterly financial and operating results, production guidance, commodity-price exposure, dividends, capital allocation, balance sheet activity, and updates from onshore assets in the Eagle Ford Shale, Tupper Montney, and Kaybob Duvernay.
Recurring updates also cover offshore exploration and development in the Gulf of America, Canada, Vietnam, and Côte d’Ivoire, including project activity around Lac Da Vang in Vietnam and exploration wells in the Gulf of America and Côte d’Ivoire. The company’s releases often connect operating execution with shareholder returns, liquidity, debt management, and long-cycle development priorities.
Murphy Oil (MUR)/b) announced that President and CEO Eric M. Hambly will present at the Barclays 40th Annual Energy-Power Conference on Wednesday, September 9, 2026, at 1:50 p.m. Eastern Time.A live audio webcast and a replay for 30 days will be available on the company’s investor relations website.
Murphy Oil (NYSE:MUR) appointed Michol L. Ecklund as Senior Vice President, Chief Legal Officer and Corporate Secretary, effective August 31, 2026. She will oversee legal, compliance, governance, government affairs, land, sustainability and risk management, and will serve on the company’s Executive Leadership Team, reporting to CEO Eric M. Hambly.
Murphy Oil (MUR) reported second quarter 2026 production of 169,000 BOEPD, with oil at 85,300 BOPD, and generated $110 million of free cash flow, $232 million net income and $593 million adjusted EBITDA. Realized oil prices averaged $99.14 per barrel, up 37% quarter over quarter.
The quarter was highlighted by the Bubale-1X light oil discovery offshore Côte d'Ivoire, where Murphy encountered 100 feet of net oil pay and plans up to five appraisal wells over 18–24 months. Hai Su Vang appraisal in Vietnam resulted in updated gross recoverable resources of 200–300 MMBOE and progression into development planning.
Capital expenditures were $476 million, $86 million above guidance, and full-year 2026 capex guidance midpoint increased from $1.25 billion to $1.55 billion, driven mainly by Bubale appraisal, accelerated Eagle Ford Shale activity and higher Chinook #8 costs. At quarter end, total debt was $1.55 billion, net debt about $1.07 billion, cash $484 million, and $550 million remained under the share repurchase authorization.
Murphy Oil (NYSE: MUR) reported second quarter 2026 net income attributable to Murphy of $232.2 million or $1.59 diluted EPS, up from $22 million a year earlier, on revenue from production of $926.3 million. Adjusted net income was $225.8 million ($1.55 per diluted share) and adjusted EBITDA was $592.7 million, with free cash flow of $110 million.
The company produced 168,995 BOEPD (85,265 BOPD oil), at the upper end of guidance, supported by strong Tupper Montney performance. Murphy announced an oil discovery at the Bubale-1X well offshore Côte d’Ivoire (100 feet of net pay), progressed the Lac Da Vang Vietnam project toward first oil, and completed key Gulf of America and onshore drilling programs.
Murphy paid $50 million in dividends, executed no buybacks (with $550 million remaining authorized), and reported liquidity of $2.48 billion versus total debt of $1.55 billion. The company raised its 2026 CAPEX midpoint from $1.25 billion to $1.55 billion and guided 2026 net production (excluding NCI) to 167,000–175,000 BOEPD.
Murphy Oil (NYSE: MUR) announced that its Board of Directors has declared a quarterly cash dividend of $0.35 per share on its common stock, equivalent to $1.40 per share annually. The dividend will be paid on September 1, 2026 to shareholders of record on August 17, 2026.
Murphy Oil (NYSE:MUR) will host a second quarter 2026 earnings conference call and webcast on Thursday, August 6, 2026 at 9:00 a.m. ET. Financial and operating results will be released after market close on Wednesday, August 5, 2026, with webcast materials posted on the Investor Relations website.
Murphy Oil (NYSE:MUR) announced an oil discovery at the Bubale-1X exploration well in Block CI-709, about 40 miles offshore Côte d’Ivoire. The well reached 20,548 feet total depth in 7,795 feet of water and encountered 100 feet of net oil pay in two reservoirs.
Preliminary assessment indicates high-quality light oil. Bubale-1X is the third and final well in Murphy’s current Côte d’Ivoire campaign. According to Murphy Oil, the next phase includes further evaluation and a planned well in the second half of 2026 to test the discovery’s extent. Murphy holds a 90% working interest in Block CI-709, with PETROCI holding 10%.
Murphy Oil (NYSE:MUR) announced that President and CEO Eric M. Hambly will present at the J.P. Morgan 2026 Natural Resources Conference on Tuesday, June 23, 2026 at 3:00 p.m. ET. A live audio webcast and 30-day replay will be available on the company’s investor website.
Murphy Oil (NYSE:MUR) reported Q1 2026 results with production of 174,200 BOEPD, exceeding guidance, and average oil production of 87,200 BOPD. Realized oil price was $72.28/bbl and realized gas was $2.87/MCF. Adjusted EBITDA was $382.9M, net income $53.0M, and operating cash flow excluding working capital adjustments was $429.2M. CAPEX was $465M, below guidance midpoint. Net debt stood at $1.17B with next maturity in 2029. Lac Da Vang first production is targeted in Q4 2026.
Murphy Oil (NYSE: MUR) reported Q1 2026 results: net income $53.0M and adjusted EBITDA $382.9M. Production averaged 174,236 BOEPD, above guidance, while CAPEX was $465.0M (ex-acquisitions $442.3M). Liquidity stood at $2.38B, and the company paid $50M in quarterly dividends. Key operational items include Chinook #8 spud, Hai Su Vang-3X appraisal progress, Bubale-1X exploration, 15 new Eagle Ford wells, and approved Banjo and Cello developments targeting first production in Q4 2027.