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

Murphy Oil's Operating Expenses history runs 18 years deep, the most recent figure standing at $595.3 million for Q1 2026.

• Quarterly Operating Expenses rose 14.08% year-over-year to $595.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.5 billion (up 8.06% YoY) and the FY2025 annual result came in at $2.4 billion, changed 0.34% from the prior year.
• Operating Expenses was $595.3 million for Q1 2026 at Murphy Oil, up from $565.2 million in the prior quarter.
• Across five years, Operating Expenses topped out at $727.2 million in Q3 2025 and bottomed at $521.8 million in Q1 2025.
• A 5-year average of $600.2 million and a median of $595.1 million in 2022 frame the typical range for Operating Expenses.
• Annual changes were most pronounced in 2022 — Operating Expenses jumped 51.79% — and 2025, when it retreated 18.77%.
• Murphy Oil's Operating Expenses stood at $651.1 million in 2022, then dropped by 1.49% to $641.4 million in 2023, then slipped by 8.67% to $585.8 million in 2024, then decreased by 3.51% to $565.2 million in 2025, then grew by 5.32% to $595.3 million in 2026.
• Business Quant data shows MUR's Operating Expenses at $595.3 million in Q1 2026, $565.2 million in Q4 2025, and $727.2 million in Q3 2025.