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 (NYSE: MUR) reported that the Caracal-1X exploration well in Block CI-102 offshore Côte d’Ivoire reached a total depth of 8,534 feet (2,601 meters) and will be plugged and abandoned as a dry hole after encountering hydrocarbon shows.
Murphy holds a 90% working interest and operates Block CI-102, with PETROCI holding 10%. Results will inform Murphy’s assessment of remaining prospectivity and the company and PETROCI plan to proceed with the Bubale-1X well in Block CI-709, a play independent of Civette-1X and Caracal-1X.
Leostream says its Remote Desktop Access Platform has gained traction in high-performance computing (HPC) workloads, improving GPU orchestration, session performance, and cloud/hybrid support for engineering, subsurface exploration, and graphics-intensive users. GeoComputing’s RiVA private cloud uses Leostream, and Murphy Oil (NYSE: MUR) signed a multi-year agreement to migrate exploration workflows to GeoComputing.
The platform highlights auto-provisioning, zero-trust authentication, and integrations with AWS and Microsoft Azure, with the company promoting the 2025.2 update for further GPU and session optimizations.
Murphy Oil (NYSE: MUR) reported fourth-quarter 2025 results and a 2025 review, highlighting average production of 182 MBOEPD, $1.2 billion cash from operations and ~$300 million free cash flow. 2025 LOE/BOE fell to $10.89 (down 20%).
Key items: Pioneer FPSO purchase, Hai Su Vang appraisal with 429 feet net oil pay, $1.2–$1.3 billion 2026 CAPEX plan, upsized RCF to $2.0 billion, and $500 million 2034 notes issued.
Murphy Oil (NYSE: MUR) reported 2025 results and 2026 guidance. Full-year highlights include net income $104.2M, adjusted EBITDA $1.36B, and free cash flow $301.3M. Preliminary year-end proved reserves were 715 MMBOE (11-year reserve life).
The company returned $286M to shareholders, increased the quarterly dividend 8% to $0.35, raised liquidity to about $1.6B, and set 2026 CAPEX guidance of $1.2–$1.3B.
Murphy Oil (NYSE: MUR) declared a quarterly cash dividend of $0.35 per share (annualized $1.40).
The dividend is payable on March 2, 2026 to stockholders of record as of February 17, 2026.
Murphy Oil (NYSE: MUR) reported results from the Civette-1X exploration well in Block CI-502 offshore Côte d’Ivoire on January 19, 2026. The well reached a total depth of 13,950 feet (4,252 meters) and encountered hydrocarbons across multiple intervals that were evaluated as non-commercial. Management said the well confirms the presence of hydrocarbons in the frontier play and improved subsurface understanding for the CI-502 block. Murphy holds a 90% working interest and is operator; partner PETROCI holds 10%. Murphy plans to continue exploration on the block with the Caracal and Bubale prospects, both described as independent plays with significant resource potential.
Murphy Oil (NYSE: MUR) priced $500 million of 6.500% senior notes due 2034 and expects to close the offering on January 23, 2026 subject to customary closing conditions. Net proceeds are expected to be used to: (i) redeem in full the company’s 5.875% notes due 2027 and 6.375% notes due 2028 and pay related premiums, fees and expenses, (ii) repay borrowings under its revolving credit facility, (iii) cover transaction fees and expenses, and (iv) for general corporate purposes. BofA Securities is physical book-running manager. The offering is being made under an automatic shelf registration on Form S-3.
Murphy Oil (NYSE: MUR) intends to offer $500 million of senior notes due 2034, subject to market and other conditions, under an effective Form S-3 shelf registration (Reg. No. 333-282655).
Net proceeds are expected to be used to: (i) redeem in full its 5.875% notes due 2027 and 6.375% notes due 2028 (including premiums, fees and expenses), (ii) repay outstanding borrowings under its revolving credit facility, (iii) cover transaction fees and expenses, and (iv) for general corporate purposes. BofA Securities is the physical book-running manager. The offering will be made only by prospectus supplement and accompanying prospectus; free copies will be available via EDGAR or BofA Securities.
Murphy Oil (NYSE: MUR) announced appraisal success at the Hai Su Vang field offshore Vietnam after the HSV-2X well (spud early October 2025) encountered 429 feet of net oil pay across two reservoirs, including 332 ft in the primary reservoir and 97 ft in the shallow reservoir.
The primary reservoir was deepened by 413 ft without water, extending the hydrocarbon column to ~1,600 ft, and flow-tested at 6,000 barrels per day of 37° API oil. Recoverable resources midpoint moves toward the high end of the prior 170–430 MMBOE range; the new high end now exceeds 430 MMBOE. HSV-3X and HSV-4X remain in the 2026 CAPEX plan of $1.1–$1.3 billion.
Murphy Oil (NYSE: MUR) said Eric M. Hambly, President and Chief Executive Officer, will participate on a panel and host investor meetings at the Goldman Sachs Energy, CleanTech & Utilities Conference 2026 on Wednesday, January 7, 2026.
The participation is limited to a panel appearance and investor meetings in connection with the company’s attendance at the conference.