Murphy Oil Operating Expenses Growth & History (MUR)
Murphy Oil's operating expenses was $2.39B for fiscal 2025.
View full Murphy Oil company overviewMurphy Oil annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $2.39B | −$37.3M | −1.54% |
| 2024 | 2024-12-31 | $2.43B | $7.8M | +0.32% |
| 2023 | 2023-12-31 | $2.42B | −$43.3M | −1.76% |
| 2022 | 2022-12-31 | $2.46B | −$58.3M | −2.32% |
| 2021 | 2021-12-31 | $2.52B | −$594.2M | −19.08% |
| 2020 | 2020-12-31 | $3.11B | — | — |
| 2015 | 2015-12-31 | $6.20B | $1.97B | +46.74% |
| 2014 | 2014-12-31 | $4.22B | $306.4M | +7.82% |
| 2013 | 2013-12-31 | $3.92B | $665.8M | +20.48% |
| 2012 | 2012-12-31 | $3.25B | $140.8M | +4.53% |
| 2011 | 2011-12-31 | $3.11B | −$15.60B | −83.37% |
| 2010 | 2010-12-31 | $18.71B | $3.05B | +19.48% |
| 2009 | 2009-12-31 | $15.66B | −$8.95B | −36.38% |
| 2008 | 2008-12-31 | $24.61B | $7.49B | +43.74% |
| 2007 | 2007-12-31 | $17.12B | — | — |
Murphy Oil quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $573.6M | −$17.2M | −2.91% |
| Q1 2026 | 2026-03-31 | $595.3M | $66.5M | +12.57% |
| Q4 2025 | 2025-12-31 | $553.7M | −$37.2M | −6.29% |
| Q3 2025 | 2025-09-30 | $715.2M | $141.0M | +24.56% |
| Q2 2025 | 2025-06-30 | $590.9M | −$27.6M | −4.46% |
| Q1 2025 | 2025-03-31 | $528.8M | −$113.5M | −17.67% |
| Q4 2024 | 2024-12-31 | $590.9M | −$61.8M | −9.46% |
| Q3 2024 | 2024-09-30 | $574.2M | $3.4M | +0.59% |
| Q2 2024 | 2024-06-30 | $618.4M | −$31.3M | −4.81% |
| Q1 2024 | 2024-03-31 | $642.4M | $97.4M | +17.88% |
| Q4 2023 | 2023-12-31 | $652.7M | $37.4M | +6.08% |
| Q3 2023 | 2023-09-30 | $570.8M | $201.1M | +54.41% |
| Q2 2023 | 2023-06-30 | $649.7M | $53.1M | +8.90% |
| Q1 2023 | 2023-03-31 | $544.9M | −$334.9M | −38.07% |
| Q4 2022 | 2022-12-31 | $615.3M | $163.0M | +36.04% |
| Q3 2022 | 2022-09-30 | $369.7M | −$94.5M | −20.36% |
| Q2 2022 | 2022-06-30 | $596.6M | −$152.4M | −20.35% |
| Q1 2022 | 2022-03-31 | $879.9M | $25.6M | +3.00% |
| Q4 2021 | 2021-12-31 | $452.3M | — | — |
| Q3 2021 | 2021-09-30 | $464.2M | −$235.7M | −33.67% |
| Q2 2021 | 2021-06-30 | $749.0M | — | — |
| Q1 2021 | 2021-03-31 | $854.3M | — | — |
| Q3 2020 | 2020-09-30 | $699.9M | — | — |
| Q1 2019 | 2019-03-31 | $546.0M | — | — |
| Q3 2016 | 2016-09-30 | $478.1M | −$2.64B | −84.69% |
| Q2 2016 | 2016-06-30 | $568.7M | −$279.7M | −32.96% |
| Q1 2016 | 2016-03-31 | $695.3M | −$344.1M | −33.11% |
| Q4 2015 | 2015-12-31 | $1.19B | −$3.5M | −0.29% |
| Q3 2015 | 2015-09-30 | $3.12B | $2.09B | +201.29% |
| Q2 2015 | 2015-06-30 | $848.4M | −$196.0M | −18.77% |
| Q1 2015 | 2015-03-31 | $1.04B | $87.3M | +9.16% |
| Q4 2014 | 2014-12-31 | $1.19B | $37.8M | +3.28% |
| Q3 2014 | 2014-09-30 | $1.04B | $80.7M | +8.45% |
| Q2 2014 | 2014-06-30 | $1.04B | $166.6M | +18.98% |
| Q1 2014 | 2014-03-31 | $952.2M | $21.3M | +2.29% |
| Q4 2013 | 2013-12-31 | $1.15B | — | — |
| Q3 2013 | 2013-09-30 | $955.8M | −$1.31B | −57.88% |
| Q2 2013 | 2013-06-30 | $877.8M | −$5.79B | −86.84% |
| Q1 2013 | 2013-03-31 | $930.9M | −$5.56B | −85.66% |
| Q3 2012 | 2012-09-30 | $2.27B | −$4.42B | −66.09% |
| Q2 2012 | 2012-06-30 | $6.67B | −$241.2M | −3.49% |
| Q1 2012 | 2012-03-31 | $6.49B | $631.1M | +10.77% |
| Q3 2011 | 2011-09-30 | $6.69B | $1.85B | +38.08% |
| Q2 2011 | 2011-06-30 | $6.91B | $1.76B | +34.27% |
| Q1 2011 | 2011-03-31 | $5.86B | $966.2M | +19.74% |
| Q4 2010 | 2010-12-31 | $3.82B | $606.8M | +18.87% |
| Q3 2010 | 2010-09-30 | $4.85B | −$23.4M | −0.48% |
| Q2 2010 | 2010-06-30 | $5.15B | $862.2M | +20.12% |
| Q1 2010 | 2010-03-31 | $4.89B | $1.60B | +48.80% |
| Q4 2009 | 2009-12-31 | $3.22B | — | — |
| Q3 2009 | 2009-09-30 | $4.87B | −$2.38B | −32.80% |
| Q2 2009 | 2009-06-30 | $4.28B | −$3.09B | −41.91% |
| Q1 2009 | 2009-03-31 | $3.29B | — | — |
| Q3 2008 | 2008-09-30 | $7.25B | — | — |
| Q2 2008 | 2008-06-30 | $7.38B | — | — |
Murphy Oil operating expenses trends
Over the last five fiscal years, Murphy Oil's operating expenses decreased from $3.11B to $2.39B, a change of −$725.4M. The latest reported quarter, Q2 2026, shows $573.6M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Murphy Oil source filings ↗