Murphy Oil Corporation is an independent exploration and production (E&P) company focused on discovering and developing hydrocarbon resources. The company's asset portfolio includes onshore unconventional plays in North America, such as the Eagle Ford Shale in Texas and the Tupper Montney and Kaybob Duvernay in Canada. Offshore, Murphy Oil maintains significant deepwater operations in the Gulf of Mexico and offshore Canada, alongside international exploration initiatives in Vietnam and Côte d'Ivoire. Historically an integrated oil company, Murphy Oil transitioned to a pure-play upstream operator following the sale of its refineries in 2011 and the 2013 spin-off of its retail marketing chain, Murphy USA. The company balances its production between liquids-rich properties and natural gas to optimize recovery rates and manage commodity price risks.
