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Murphy Oil (Murphy Oil) Exploration Expense (USD Mil) : 82.20 (As of Dec. 2023)


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What is Murphy Oil Exploration Expense (USD Mil)?

Exploration Expense (USD Mil) are the costs a company incurs while searching for oil or gas to drill.

Murphy Oil's Exploration Expense (USD Mil) for the quarter that ended in Dec. 2023 was 82.20 , which higher from pervious quarter (Sep. 2023)'s result by 211.36%.

Murphy Oil's Exploration Expense (USD Mil) for the annual that ended in Dec. 2023 was 234.80 , which higher from pervious year (Dec. 2022)'s result by 76.41%.

The historical rank and industry rank for Murphy Oil's Exploration Expense (USD Mil) or its related term are showing as below:

MUR's Exploration Expense (USD Mil) is not ranked *
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Exploration Expense (USD Mil) only.

Murphy Oil Exploration Expense (USD Mil) Historical Data

The historical data trend for Murphy Oil's Exploration Expense (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Murphy Oil Exploration Expense (USD Mil) Chart

Murphy Oil Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Exploration Expense (USD Mil)
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Dry Hole Expense (USD Mil)
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Murphy OilQuarterly Data
Trend Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Exploration Expense (USD Mil)
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Dry Hole Expense (USD Mil)
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Competitive Comparison of Murphy Oil's Exploration Expense (USD Mil)

For the Oil & Gas E&P subindustry, Murphy Oil's Exploration Expense (USD Mil), along with its competitors' market caps and Exploration Expense (USD Mil) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Murphy Oil  (NYSE:MUR) Exploration Expense (USD Mil) Explanation

Exploration Expense (USD Mil) are the costs a company incurs while searching for oil or gas to drill. It includes costs incurred in identifying areas that may warrant examination and in examining specific areas that are considered to have prospects of containing oil and gas reserves, including costs of drilling exploratory wells and exploratory-type stratigraphic test wells.

Exploration expenses (including prospecting) related to oil and gas producing entities would be included in the operating expenses of the company that entity.


Murphy Oil Exploration Expense (USD Mil) Related Terms

Thank you for viewing the detailed overview of Murphy Oil's Exploration Expense (USD Mil) provided by GuruFocus.com. Please click on the following links to see related term pages.


Murphy Oil (Murphy Oil) Business Description

Industry
Traded in Other Exchanges
Address
9805 Katy Freeway, Suite G-200, Houston, TX, USA, 77024
Murphy Oil is an independent exploration and production company developing unconventional resources in the United States and Canada. At the end of 2022, the company reported net proved reserves of 697 million barrels of oil equivalent. Consolidated 62% oil and natural gas liquids and 38% natural gas.
Executives
Elisabeth W Keller director 300 PEACH ST., EL DORADO AR 71730
Robert Madison Murphy director 200 NORTH JEFFERSON SUITE 400, EL DODRADO AR 71730
John B Gardner officer: Treasurer 200 PEACH ST, EL DORADO AR 71730
Thomas J Mireles officer: Vice President 200 PEACH STREET, P O BOX 7000, EL DORADO AR 71730
Paul D. Vaughan officer: Vice President & Controller 9805 KATY FREEWAY G-200, HOUSTON TX 77024
Meenambigai Palanivelu officer: Vice President 9805 KATY FREEWAY G-200, HOUSTON TX 77024
Daniel R Hanchera officer: Senior Vice President 9805 KATY FREEWAY G-200, HOUSTON TX 77024
Eric M Hambly officer: Executive Vice President 300 PEACH STREET, EL DORADO AR 71730
Roger W. Jenkins officer: Executive Vice President 200 PEACH STREET, P.O. BOX 7000, EL DORADO AR 71730
Kelly L Whitley officer: Vice President 200 PEACH ST., EL DORADO AR 71730
Louis W Utsch officer: Vice President 300 PEACH STREET, P.O. BOX 7000, EL DORADO AR 71730
Maria A Martinez officer: Vice President 300 PEACH STREET, EL DORADO AR 71730
T Jay Collins director C/O OCEANEERING INTERNATIONAL INC, 11911 FM 529, HOUSTON TX 77041-3011
Leyster L. Jumawan officer: Vice President & Treasurer 9805 KATY FREEWAY G-200, HOUSTON TX 77024
E Ted Botner officer: Secretary 200 PEACH ST, EL DORADO AR 71730