Filing Flows › Murphy Oil (MUR) › Q3 2026
Murphy Oil (MUR) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 4, 2026
Murphy Oil (MUR) reported revenue of $855M for the third quarter 2026 (Q3 2026), +17% from a year earlier and -8% from the quarter before. Operating margin was 30.0%, net earnings $171M (20.0% of revenue).
Murphy Oil, Q3 2026: revenue $855M (+17% year over year), operating margin 30.0%, net earnings $171M, operating cash flow $541M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $855M | -8% | +17% |
| Operating profit | $256M | -28% | 44× |
| Net earnings | $171M | -26% | — |
| Operating cash flow | $541M | -18% | +59% |
| Free cash flow | $535M | -18% | +69% |
What changed
Revenue was $855.0M in Q3 2026, up 17% year over year and down 8% from the previous quarter. Net crude oil and condensate revenue was the largest line at 86% of revenue. Net crude oil and condensate revenue added $111.6M year over year (up 18%), 92% of the total change.
Operating profit was $256.5M, a 30.0% margin (up 29.2 points year over year). Of the extra revenue versus Q3 2025, 206% reached operating profit, above the 1% margin then. Total costs fell 18% while revenue rose 17%. The fastest-growing cost line was SG&A (+31%). Net earnings were $171.1M. The effective tax rate was 16.7%.
Operating cash flow was $540.5M (up 59% year over year), 276% of net income including minority interests. Non-cash charges added back $271.4M of depreciation and amortization and $13.8M of share-based compensation. Working capital and other items added $59.7M. Capital expenditures of $5.1M left free cash flow of $535.4M.
Questions
What was Murphy Oil's revenue in the third quarter 2026?
Murphy Oil (MUR) reported revenue of $855M for the third quarter 2026 (Q3 2026), +17% from a year earlier and -8% from the quarter before.
Was Murphy Oil profitable in the third quarter 2026?
Operating profit was $256M (30.0% of revenue) and net earnings $171M.
Source: Murphy Oil 10-Q on SEC EDGAR.