Murphy Oil reports first quarter production exceeds guidance amid volatility

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Quarterly Stockholder Update by Murphy Oil Corporation

May 6, 2026 4:32 PM EDT

HOUSTON--(BUSINESS WIRE)-- This letter serves as a supplement to our earnings release for the first quarter of 2026. Please see the information regarding forward-looking statements and non-GAAP financial information1 included at the end of this letter. Unless otherwise noted, the financial and operating highlights and metrics discussed in this letter exclude noncontrolling interest (NCI)2.

Murphy Oil Corporation Stockholders,

The first quarter of 2026 unfolded against one of the most volatile macroeconomic backdrops the energy sector has experienced in years. During the quarter, global energy markets were shaped by heightened geopolitical risks which drove a sharp increase in... More