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

Murphy Oil's Research & Development history runs 18 years deep, the most recent figure standing at $82.8 million for Q1 2026.

• Quarterly Research & Development rose 471.51% year-over-year to $82.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $180.0 million (up 73.76% YoY) and the FY2025 annual result came in at $111.7 million, down 16.35% from the prior year.
• Research & Development was $82.8 million for Q1 2026 at Murphy Oil, up from $54.3 million in the prior quarter.
• Across five years, Research & Development topped out at $115.8 million in Q2 2023 and bottomed at $9.5 million in Q3 2022.
• A 5-year average of $40.9 million and a median of $32.5 million in 2025 frame the typical range for Research & Development.
• Annual changes were most pronounced in 2023 — Research & Development surged 664.26% — and 2024, when it sank 81.64%.
• Murphy Oil's Research & Development stood at $61.0 million in 2022, then surged by 34.91% to $82.3 million in 2023, then sank by 81.64% to $15.1 million in 2024, then soared by 259.24% to $54.3 million in 2025, then surged by 52.54% to $82.8 million in 2026.
• Business Quant data shows MUR's Research & Development at $82.8 million in Q1 2026, $54.3 million in Q4 2025, and $32.5 million in Q3 2025.