Murphy Oil (MUR) Research & Development (2009 - 2026)

Murphy Oil has reported Research & Development for 18 years, with the latest figure at $82.8 million in Q1 2026.

• For the quarter ending Q1 2026, Research & Development rose 471.14% year-over-year to $82.8 million; the trailing twelve-month figure through Mar 2026 stood at $180.0 million (up 73.76% YoY), and the FY2025 full-year result was $111.7 million, down 16.35% from the prior year.
• Research & Development for Q1 2026 stood at $82.8 million, up from $54.3 million in the prior quarter.
• The five-year high for Research & Development was $115.8 million in Q2 2023, with the low at $9.5 million in Q3 2022.
• Historically, Research & Development has averaged $40.9 million across 5 years, with a median of $32.5 million in 2025.
• Annual changes were most pronounced in 2023 — Research & Development surged 664.26% — and 2024, when it slumped 81.59%.
• Murphy Oil's Research & Development stood at $61.0 million in 2022, then soared by 34.91% to $82.3 million in 2023, then tumbled by 81.59% to $15.1 million in 2024, then surged by 258.54% to $54.3 million in 2025, then surged by 52.48% to $82.8 million in 2026.
• The last three Research & Development figures came in at $82.8 million (Q1 2026), $54.3 million (Q4 2025), and $32.5 million (Q3 2025), per Business Quant data.