Jun 2026 (Q2 FY26) — Aug 6, 2026
Murphy Oil Q2 FY26 — Bubale Discovery and Strategic Capital Allocation
Read the full callMurphy Oil earnings: last reported Thu, 6 Aug 2026, for the quarter ended Jun 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 928 | +33.5% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 38.2 | +25.0 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 232 | +942.1% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Price
1Y: $27.87 on 17 Oct 2025 → $42.54. High $42.74 (7 Apr 2026), low $26.57 (5 Nov 2025).
Overview
Call summaries
Murphy Oil Q2 FY26 — Bubale Discovery and Strategic Capital Allocation
Read the full callMurphy Oil Q1 FY26 — Strong Operational Execution and Strategic Flexibility
Read the full callEvery analysed call
Financials
Net profit, year on year: +942% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 758 | 670 | 666 | 696 | 733 | 613 | 734 | 928 |
| Expenses | 579 | 586 | 522 | 603 | 727 | 565 | 595 | 574 |
| Operating profit | 179 | 85 | 144 | 92 | 6 | 59 | 138 | 355 |
| Operating margin | 23.6% | 12.7% | 21.6% | 13.3% | 0.8% | 9.7% | 18.9% | 38.2% |
| Other income | -25 | -7 | -21 | -57 | -9 | -30 | -19 | -14 |
| Interest | 21 | 44 | 24 | 25 | 25 | 23 | 29 | 25 |
| Profit before tax | 154 | 79 | 123 | 35 | -4 | 29 | 119 | 341 |
| Tax rate | 1.4% | 17.1% | 26.6% | 3.0% | −112.3% | 23.0% | 41.9% | 22.6% |
| Net profit | 139 | 50 | 73 | 22 | -3 | 12 | 53 | 232 |
| EPS ($ per share) | 0.93 | 0.35 | 0.51 | 0.16 | -0.02 | 0.08 | 0.37 | 1.62 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 195 | 195 | 195 | 195 | 195 | 195 | 195 | 195 |
| Reserves | 5,514 | 6,614 | 5,370 | 5,219 | 6,055 | 6,546 | 6,773 | 6,691 |
| Total liabilities | 5,855 | 5,914 | 6,227 | 5,984 | 5,160 | 4,217 | 4,326 | 4,596 |
| Fixed assets | 8,432 | 9,970 | 8,269 | 8,128 | 8,228 | 8,225 | 8,055 | 8,136 |
| Total assets | 11,053 | 11,719 | 10,621 | 10,305 | 10,309 | 9,767 | 9,667 | 9,833 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 749 | 1,489 | 803 | 1,422 | 2,180 | 1,749 | 1,729 | 1,248 |
| Cash from investing | -1,805 | -2,536 | -859 | -418 | -1,109 | -999 | -908 | -1,029 |
| Cash from financing | 144 | -1,130 | 40 | -795 | -1,082 | -924 | -717 | -264 |
| Net cash flow | -271 | -53 | 4 | 211 | -29 | -175 | 106 | -46 |
| Capital expenditure | -1,806 | -2,557 | 0 | -20 | -129 | -36 | -8 | -29 |
| Free cash flow | -1,057 | -1,067 | 803 | 1,402 | 2,052 | 1,713 | 1,721 | 1,219 |
| Segment | Q1 FY2024 | Q2 FY2024 | Q3 FY2024 | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q1 FY2026 | Q2 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| United States | — | — | — | 75% | — | — | 78% | 80% | — |
| Canada | — | — | — | 25% | — | — | 21% | 20% | — |
| Other Countries | — | — | — | 0% | — | — | <1% | 0% | — |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
Q2 FY2026 · share of revenue
As MUR cuts its regions in its filings; they can nest, so they need not add to 100%.
54 filings between Nov 11, 2025 and Jul 1, 2026.
Purchases
None
No insider bought shares.
Sales
$1.90M
2 sales by 2 insiders
Also filed: 5 gifts, 1 disposition to issuer.
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Hanchera Daniel R | — | $1.60M | Mar 11, 2026 |
| Martinez Maria A | — | $300.6K | Mar 3, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Jul 1, 2026 | Nolan Jeffrey W Director | Option exercise | 2,174 | — |
| Jul 1, 2026 | Nolan Jeffrey W Director | Disposition to issuer | 2,174 | $68.5K |
| Jun 30, 2026 | BOTNER E TED Insider | Option exercise | 25,115 | — |
| Jun 30, 2026 | BOTNER E TED Insider | Tax withheld | 3,459 | $115.6K |
| Jun 30, 2026 | BOTNER E TED Insider | Tax withheld | 9,883 | $330.3K |
| Jun 30, 2026 | BOTNER E TED Insider | Option exercise | 7,799 | — |
| Jun 30, 2026 | BOTNER E TED Insider | Option exercise | 8,790 | — |
| Jun 30, 2026 | BOTNER E TED Insider | Tax withheld | 3,069 | $102.6K |
| Mar 11, 2026 | Hanchera Daniel R Senior Vice President | Sale | 47,320 | $1.60M |
| Mar 3, 2026 | Martinez Maria A Senior Vice President | Sale | 8,608 | $300.6K |
| Feb 11, 2026 | MURPHY ROBERT MADISON Director | Gift | 43,148 | $0 |
| Feb 9, 2026 | MURPHY ROBERT MADISON Director | Gift | 2,896 | $0 |
| Feb 9, 2026 | MURPHY ROBERT MADISON Director | Gift | 4,345 | $0 |
| Feb 5, 2026 | Keller Elisabeth W Director | Option exercise | 7,886 | — |
| Feb 5, 2026 | Tudor Robert B III Director | Option exercise | 7,886 | — |
| Feb 5, 2026 | DICKERSON LAWRENCE R Director | Option exercise | 7,886 | — |
| Feb 5, 2026 | RYAN ROBERT N JR Director | Option exercise | 7,886 | — |
| Feb 5, 2026 | MURPHY ROBERT MADISON Director | Option exercise | 7,886 | — |
| Feb 3, 2026 | MIRELES THOMAS J Executive Vice President & CFO | Tax withheld | 14,005 | $420.8K |
| Feb 3, 2026 | MIRELES THOMAS J Executive Vice President & CFO | Option exercise | 35,589 | — |
| Feb 3, 2026 | Martinez Maria A Senior Vice President | Tax withheld | 1,767 | $53.1K |
| Feb 3, 2026 | Hanchera Daniel R Senior Vice President | Tax withheld | 2,411 | $72.4K |
| Feb 3, 2026 | Hambly Eric M President & CEO | Tax withheld | 14,005 | $420.8K |
| Feb 3, 2026 | Hanchera Daniel R Senior Vice President | Option exercise | 9,899 | — |
| Feb 3, 2026 | BOTNER E TED EVP General Counsel & Corp Sec | Option exercise | 16,093 | — |
| Feb 3, 2026 | Martinez Maria A Senior Vice President | Option exercise | 4,331 | — |
| Feb 3, 2026 | BOTNER E TED EVP General Counsel & Corp Sec | Tax withheld | 6,333 | $190.3K |
| Feb 3, 2026 | Hambly Eric M President & CEO | Option exercise | 35,589 | — |
| Feb 3, 2026 | Riaz Atif Vice President & Treasurer | Tax withheld | 1,570 | $47.2K |
| Feb 3, 2026 | Riaz Atif Vice President & Treasurer | Option exercise | 3,717 | — |
| Feb 3, 2026 | Vaughan Paul D. Vice President & Controller | Tax withheld | 1,995 | $59.9K |
| Feb 3, 2026 | Vaughan Paul D. Vice President & Controller | Option exercise | 4,955 | — |
| Jan 30, 2026 | MIRELES THOMAS J Executive Vice President & CFO | Tax withheld | 6,059 | $181.2K |
| Jan 30, 2026 | Hambly Eric M President & CEO | Option exercise | 14,832 | — |
| Jan 30, 2026 | Hanchera Daniel R Senior Vice President | Tax withheld | 2,261 | $67.6K |
| Jan 30, 2026 | BOTNER E TED EVP General Counsel & Corp Sec | Tax withheld | 5,519 | $165.0K |
| Jan 30, 2026 | BOTNER E TED EVP General Counsel & Corp Sec | Option exercise | 13,415 | — |
| Jan 30, 2026 | Vaughan Paul D. Vice President & Controller | Tax withheld | 1,845 | $55.2K |
| Jan 30, 2026 | Hanchera Daniel R Senior Vice President | Option exercise | 8,259 | — |
| Jan 30, 2026 | Martinez Maria A Senior Vice President | Tax withheld | 1,615 | $48.3K |
| Jan 30, 2026 | Martinez Maria A Senior Vice President | Option exercise | 3,616 | — |
| Jan 30, 2026 | MIRELES THOMAS J Executive Vice President & CFO | Option exercise | 14,832 | — |
| Jan 30, 2026 | Riaz Atif Vice President & Treasurer | Tax withheld | 1,381 | $41.3K |
| Jan 30, 2026 | Riaz Atif Vice President & Treasurer | Option exercise | 3,092 | — |
| Jan 30, 2026 | Vaughan Paul D. Vice President & Controller | Option exercise | 4,130 | — |
| Jan 30, 2026 | Hambly Eric M President & CEO | Tax withheld | 6,003 | $179.5K |
| Dec 19, 2025 | MURPHY ROBERT MADISON Director | Gift | 7,200 | $0 |
| Dec 19, 2025 | MURPHY ROBERT MADISON Director | Gift | 10,800 | $0 |
| Nov 11, 2025 | Vaughan Paul D. Vice President & Controller | Tax withheld | 3,279 | $96.5K |
| Nov 11, 2025 | Vaughan Paul D. Vice President & Controller | Option exercise | 8,331 | — |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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