Murphy Oil Corp (MUR) stock
MURNYSECrude Petroleum & Natural GasFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 4, 2026Score 14/3035% below fair value
$35.93+1.21 (+3.49%)
Close on Nov 11, 2026Market cap $5.15BP/E 11.2Yield 3.62%
Murphy Oil operating margin
Operating margin is operating income as a percentage of revenue.
Murphy Oil's operating margin for the twelve months ending Sep 30, 2026 was 25.8%. For fiscal 2025 it was 11.1%, against 19.9% the year before. The highest annual figure on record is 40.3% in fiscal 2022.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 11.1% | −8.8 |
| FY2024 | Dec 31, 2024 | 19.9% | −10.2 |
| FY2023 | Dec 31, 2023 | 30.1% | −10.2 |
| FY2022 | Dec 31, 2022 | 40.3% | +28.1 |
| FY2021 | Dec 31, 2021 | 12.2% | +81.5 |
| FY2020 | Dec 31, 2020 | -69.2% | −85.0 |
| FY2019 | Dec 31, 2019 | 15.7% | +3.7 |
| FY2018 | Dec 31, 2018 | 12.0% | +13.9 |
| FY2017 | Dec 31, 2017 | -1.8% | +19.6 |
| FY2016 | Dec 31, 2016 | -21.5% | +89.3 |
| FY2015 | Dec 31, 2015 | -110.7% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 30.0% | +29.2 |
| Q2 FY2026 | Jun 30, 2026 | 38.2% | +24.9 |
| Q1 FY2026 | Mar 31, 2026 | 18.8% | −2.8 |
| Q4 FY2025 | Dec 31, 2025 | 9.7% | −3.0 |
| Q3 FY2025 | Sep 30, 2025 | 0.8% | −23.0 |
| Q2 FY2025 | Jun 30, 2025 | 13.3% | −9.8 |
| Q1 FY2025 | Mar 31, 2025 | 21.6% | +2.2 |
| Q4 FY2024 | Dec 31, 2024 | 12.7% | −11.4 |
| Q3 FY2024 | Sep 30, 2024 | 23.8% | −15.8 |
| Q2 FY2024 | Jun 30, 2024 | 23.0% | +2.7 |
| Q1 FY2024 | Mar 31, 2024 | 19.4% | −15.9 |
| Q4 FY2023 | Dec 31, 2023 | 24.1% | −8.8 |
| Q3 FY2023 | Sep 30, 2023 | 39.6% | −25.0 |
| Q2 FY2023 | Jun 30, 2023 | 20.3% | −25.8 |
| Q1 FY2023 | Mar 31, 2023 | 35.3% | +40.2 |
| Q4 FY2022 | Dec 31, 2022 | 32.9% | −7.8 |
| Q3 FY2022 | Sep 30, 2022 | 64.6% | +32.1 |
| Q2 FY2022 | Jun 30, 2022 | 46.1% | +44.8 |
| Q1 FY2022 | Mar 31, 2022 | -4.8% | +39.3 |
| Q4 FY2021 | Dec 31, 2021 | 40.7% | +76.0 |
| Q3 FY2021 | Sep 30, 2021 | 32.5% | +97.9 |
| Q2 FY2021 | Jun 30, 2021 | 1.3% | +132.2 |
| Q1 FY2021 | Mar 31, 2021 | -44.2% | +48.1 |
| Q4 FY2020 | Dec 31, 2020 | -35.4% | −30.5 |
| Q3 FY2020 | Sep 30, 2020 | -65.4% | −95.6 |
| Q2 FY2020 | Jun 30, 2020 | -131.0% | −156.1 |
| Q1 FY2020 | Mar 31, 2020 | -92.3% | −105.8 |
| Q4 FY2019 | Dec 31, 2019 | -4.9% | −15.7 |
| Q3 FY2019 | Sep 30, 2019 | 30.2% | +4.4 |
| Q2 FY2019 | Jun 30, 2019 | 25.1% | +20.1 |
| Q1 FY2019 | Mar 31, 2019 | 13.4% | +8.8 |
| Q4 FY2018 | Dec 31, 2018 | 10.8% | +69.5 |
| Q3 FY2018 | Sep 30, 2018 | 25.8% | +18.4 |
| Q2 FY2018 | Jun 30, 2018 | 5.1% | −7.8 |
| Q1 FY2018 | Mar 31, 2018 | 4.6% | −37.6 |
| Q4 FY2017 | Dec 31, 2017 | -58.7% | −50.1 |
| Q3 FY2017 | Sep 30, 2017 | 7.5% | – |
| Q2 FY2017 | Jun 30, 2017 | 12.9% | – |
| Q1 FY2017 | Mar 31, 2017 | 42.1% | – |
| Q4 FY2016 | Dec 31, 2016 | -8.5% | – |
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