Filing Flows › Murphy Oil (MUR) › Q3 2025
Murphy Oil (MUR) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 5, 2025
Murphy Oil (MUR) reported revenue of $733M for the third quarter 2025 (Q3 2025), -3% from a year earlier and +5% from the quarter before. Operating margin was 0.8%, net loss $8.3M (1.1% of revenue).
Murphy Oil, Q3 2025: revenue $733M (-3% year over year), operating margin 0.8%, net loss $8.3M, operating cash flow $339M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $733M | +5% | -3% |
| Operating profit | $5.8M | -94% | — |
| Net earnings | −$8.3M | -137% | — |
| Operating cash flow | $339M | -5% | -21% |
| Free cash flow | $316M | -12% | -26% |
What changed
Revenue was $733.0M in Q3 2025, down 3% year over year and up 5% from the previous quarter. Net crude oil and condensate revenue was the largest line at 84% of revenue. Net crude oil and condensate revenue lost $42.8M year over year (down 6%), 169% of the total change.
Operating profit was $5.8M, a 0.8% margin (down 22.8 points year over year). Total costs grew 26% against a revenue fall of 3%. The fastest-growing cost line was Other operating costs (+26%). The quarter ended with a net loss of $8.3M, after a profit of $35.1M the previous quarter. Minority interests bore $5.3M of it: to shareholders the quarter was a loss of $3.0M. Net interest and other expense of $9.9M was the main reason.
Operating cash flow was $339.4M (down 21% year over year). Non-cash charges added back $283.5M of depreciation and amortization and $13.1M of share-based compensation. Working capital and other items added $51.1M. Capital expenditures of $23.0M left free cash flow of $316.4M.
Questions
What was Murphy Oil's revenue in the third quarter 2025?
Murphy Oil (MUR) reported revenue of $733M for the third quarter 2025 (Q3 2025), -3% from a year earlier and +5% from the quarter before.
Was Murphy Oil profitable in the third quarter 2025?
Operating profit was $5.8M (0.8% of revenue) and net loss $8.3M.
Source: Murphy Oil 10-Q on SEC EDGAR.