Murphy Oil (MUR) Operating Expenses (2009 - 2026)

Murphy Oil has reported Operating Expenses for 18 years, with the latest figure at $595.3 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 14.08% year-over-year to $595.3 million; the trailing twelve-month figure through Mar 2026 stood at $2.5 billion (up 8.06% YoY), and the FY2025 full-year result was $2.4 billion, changed 0.34% from the prior year.
• Operating Expenses for Q1 2026 stood at $595.3 million, up from $565.2 million in the prior quarter.
• The five-year high for Operating Expenses was $727.2 million in Q3 2025, with the low at $521.8 million in Q1 2025.
• Historically, Operating Expenses has averaged $600.2 million across 5 years, with a median of $595.1 million in 2022.
• Annual changes were most pronounced in 2022 — Operating Expenses jumped 51.79% — and 2025, when it dropped 18.77%.
• Murphy Oil's Operating Expenses stood at $651.1 million in 2022, then decreased by 1.49% to $641.4 million in 2023, then retreated by 8.67% to $585.8 million in 2024, then fell by 3.51% to $565.2 million in 2025, then advanced by 5.32% to $595.3 million in 2026.
• The last three Operating Expenses figures came in at $595.3 million (Q1 2026), $565.2 million (Q4 2025), and $727.2 million (Q3 2025), per Business Quant data.