Murphy Oil (MUR) Gross Margin (2009 - 2026)
Murphy Oil (MUR) reported Gross Margin of 98.13% for Q1 2026, down 58.0% on a YoY basis from 233.64% in Q1 2025, and down 0.67% quarter-over-quarter from 98.79% in Q4 2025.
Murphy Oil (MUR) Gross Margin (2009 - 2026) Analysis & Trends
Murphy Oil has reported Gross Margin for 18 years, with the latest figure at 98.13% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 58.0% year-over-year to 98.13%; the trailing twelve-month figure through Mar 2026 stood at 98.39% (down 84.0% YoY), and the FY2025 full-year result was 98.54%, down 135.0% from the prior year.
- Gross Margin for Q1 2026 stood at 98.13%, down from 98.79% in the prior quarter.
- The five-year high for Gross Margin was 106.92% in Q4 2022, with the low at 96.14% in Q1 2022.
- Historically, Gross Margin has averaged 99.05% across 5 years, with a median of 98.7% in 2022.
- Annual changes were most pronounced in 2022 — Gross Margin jumped 692 bps — and 2023, when it sank 889 bps.
- Murphy Oil's Gross Margin stood at 106.92% in 2022, then fell by 8 bps to 98.04% in 2023, then gained by 2 bps to 100.0% in 2024, then fell by 1 bps to 98.79% in 2025, then decreased by 1 bps to 98.13% in 2026.
- The last three Gross Margin figures came in at 98.13% (Q1 2026), 98.79% (Q4 2025), and 98.3% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 85.25% |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 60.14% |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | - |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 93.19% |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 99.43% |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | 54.61% |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 88.15% |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | 98.87% |
| 10 | Murphy Oil | 5.51 Bn | 5.27 Bn | 718.65 Mn | 98.13% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 98.13% |
| Dec 31, 2025 | 98.79% |
| Sep 30, 2025 | 98.30% |
| Jun 30, 2025 | 98.41% |
| Mar 31, 2025 | 98.71% |
| Dec 31, 2024 | 100.00% |
| Sep 30, 2024 | 98.61% |
| Jun 30, 2024 | 99.63% |
| Mar 31, 2024 | 98.73% |
| Dec 31, 2023 | 98.04% |
| Sep 30, 2023 | 98.85% |
| Jun 30, 2023 | 98.81% |
| Mar 31, 2023 | 98.64% |
| Dec 31, 2022 | 106.92% |
| Sep 30, 2022 | 98.70% |
| Jun 30, 2022 | 98.53% |
| Mar 31, 2022 | 96.14% |
| Dec 31, 2021 | 100.00% |
| Sep 30, 2021 | 98.30% |
| Jun 30, 2021 | 98.51% |