10-Q · May 6, 2026
Murphy Oil Corporation reported solid Q1 2026 results, with revenues of $732.4 million and an EPS of $0.37, surpassing analyst estimates of $709.6 million and $0.31 respectively. The company emphasized a positive…
Earnings analysis · 10-Q
MUR earnings analysis
Filed November 4, 2026 · Our reading of the company's report
The latest report
The supplied 10-Q text is limited to market-risk disclosures, controls, legal proceedings, and risk factors; it does not include the financial statements, MD&A, segment data, or cash-flow statement needed to quantify…
Read full summary
The supplied 10-Q text is limited to market-risk disclosures, controls, legal proceedings, and risk factors; it does not include the financial statements, MD&A, segment data, or cash-flow statement needed to quantify quarterly performance. The filing reports no commodity or foreign-exchange derivatives as of September 30, 2026 and no Amended RCF borrowings, while confirming effective disclosure controls. Murphy identified no additional risk factors beyond its 2025 Form 10-K.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
What stood out
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No Amended RCF borrowings
The company reported no outstanding borrowings under its Amended RCF as of September 30, 2026, resulting in no related interest-rate exposure.
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Disclosure controls remain effective
Murphy stated that its disclosure controls and procedures were effective as of the end of the period covered by the filing.
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No commodity or FX derivatives
There were no commodity-based derivative contracts as of September 30, 2026, and no foreign-exchange derivative contracts at September 30, 2026.
What to watch
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Unhedged commodity-price exposure
The company had no commodity-based derivative contracts as of September 30, 2026, leaving commodity-price exposure unhedged according to the filing.
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Energy and market-price exposure
The filing states that the company is exposed to crude oil, natural gas, petroleum-product, foreign-exchange, and interest-rate risks; it had no outstanding Amended RCF borrowings as of September 30, 2026.
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No new risk-factor disclosures
Murphy stated that it had not identified any additional risk factors beyond those disclosed in its 2025 Form 10-K filed on February 25, 2026.
Management's outlook
The provided 10-Q excerpt does not include MD&A or a quantitative outlook. Numeric production, capital-spending, and exploration guidance was reported separately in the provided prior 8-K analysis, not in the supplied 10-Q text.
Earlier filings 4
10-K · February 25, 2026
Murphy Oil Corporation reported a revenue of $2.69 billion for the year ending December 31, 2025, reflecting a decline from $3.02 billion in 2024. The company achieved a diluted EPS of $0.73, down from $2.71 in the…
10-Q · November 5, 2025
Murphy Oil Corporation reported a strong third quarter for 2025, exceeding earnings and revenue expectations. Revenue increased to $732.9 million, up 10.8% from the previous quarter and 6.8% year-over-year, while EPS…
10-Q · August 6, 2025
Murphy Oil Corporation's Q2 2025 earnings report shows a notable increase in revenue and EPS compared to the previous quarter and year. Revenue decreased slightly from $673 million in Q1 2025 to $683 million in Q2 2025,…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.