MURPHY OIL CORP (MUR)

NYSE · Crude Petroleum & Natural Gas

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company

Corporate structure

24 entities across 5 jurisdictions, 14 in offshore financial centres. Read directly from the company’s own 10-K EX-21 filed 2026-02-25 — see the exhibit.

Which other public companies file entities in the same places:

Bahamas14 Delaware5 Netherlands2 Mexico2 Brazil1

Subsidiaries of MURPHY OIL CORP as disclosed in its SEC filing
Entity	Jurisdiction	Note
a. Murphy Netherlands Holdings B.V.	Netherlands
i. Murphy Sur, S. de R. L. de C.V. (see company F.b.i.4.a.ii.1. below)	Mexico
ii. Murphy Netherlands Holdings II B.V.	Netherlands
Murphy Sur, S. de R. L. de C.V.	Mexico
ii.	Delaware
iii.	Bahamas	offshore centre
iv.	Brazil
vi.	Bahamas	offshore centre
vii.	Bahamas	offshore centre
viii.	Bahamas	offshore centre
ix.	Bahamas	offshore centre
xi.	Bahamas	offshore centre
xii.	Bahamas	offshore centre
xiii.	Bahamas	offshore centre
xiv.	Delaware
xv.	Bahamas	offshore centre
xvi.	Bahamas	offshore centre
xvii.	Bahamas	offshore centre
xviii.	Bahamas	offshore centre
xix.	Delaware
xx.	Bahamas	offshore centre
xxi.	Delaware
xxii.	Bahamas	offshore centre
xxiii.	Delaware

Financial health

Two standard screens, computed from the XBRL in FY2025 against FY2024. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.

Piotroski F-score

5 / 8

PASSReturn on assets positiveROA 1.1%
PASSOperating cash flow positiveOCF 1.2B
FAILReturn on assets improving4.2% → 1.1%
PASSCash flow exceeds earningsOCF 1.2B vs NI 104M
PASSLong-term debt ratio falling13.1% → 12.9% of assets
FAILCurrent ratio improving0.83 → 0.77
PASSNo share dilution151M → 144M shares
FAILGross margin improvingno gross profit reported
FAILAsset turnover improving0.31× → 0.28×

Six-year record

Year	Revenue	Net income	Free cash flow	Gross margin	Shares
FY2020	$2.0B	−$1.1B	—	—	153,507,109
FY2021	$2.8B	−$73.7M	—	—	154,290,741
FY2022	$4.2B	$965.0M	—	—	157,474,838
FY2023	$3.5B	$661.6M	—	—	156,646,429
FY2024	$3.0B	$407.2M	—	—	151,027,352
FY2025	$2.7B	$104.2M	—	—	144,025,322

Ownership flow

11 institutions tracked — 6 added, 5 reduced, 2 sold out. Index money added 1,616,595 shares while active managers cut 720,860.

Institutional holders of MURPHY OIL CORP and their share-count change
Manager	Kind	Shares	Change	Value
BlackRock, Inc.	Index	19,241,833	+1,005,902	$626.5M
GEODE CAPITAL MANAGEMENT, LLC	Index	4,366,590	+684,054	$142.2M
FMR LLC	Active fund	2,765,612	−454,773	$90.0M
BANK OF AMERICA CORP /DE/	Active fund	1,404,146	−431,910	$45.7M
Bridgewater Associates, LP	Hedge fund	369,028	+349,160	$12.0M
MORGAN STANLEY	Active fund	1,559,871	−290,271	$50.8M
JPMORGAN CHASE & CO	Active fund	839,986	+125,993	$28.7M
STATE STREET CORP	Index	7,305,789	−73,361	$237.9M
AQR CAPITAL MANAGEMENT LLC	Hedge fund	1,759,416	−63,115	$57.3M
PRICE T ROWE ASSOCIATES INC /MD/	Active fund	196,866	+31,143	$6.4M
CITADEL ADVISORS LLC	Hedge fund	1,169,057	+12,913	$38.1M

From 13F filings, which cover institutions managing over $100m and are filed up to 45 days after the quarter ends — so this is a considered position, not a live one, and it is not the whole shareholder register.

Capital returned

What the company actually paid out and bought back, as reported — the record behind any yield figure.

Shares repurchased

2026Q1: $777,000
2025Q1: $100.1M
2024Q1: $50.0M
2023Q1: $0
2014Q1: $250.0M
2013Q1: $0

Identity

CIK: 0000717423
SIC: 1311 · Crude Petroleum & Natural Gas
Incorporated: DE
Headquarters: HOUSTON, TX
Founded: 1964-01-01

Ownership

Institutional: 92.5%
Institutions: 577
Insiders: 5.7%

Ownership percentages are a vendor aggregate, not a filing — unlike everything else on this page.

Other crude petroleum & natural gas companies

MURPHY OIL CORP files under SIC 1311 — all 27 crude petroleum & natural gas companies compared on assets and F-score.

OCCIDENTAL PETROLEUM CORP /DE/OXY EOG RESOURCES INCEOG EQT CorpEQT DEVON ENERGY CORP/DEDVN Chord Energy CorpCHRD Crescent Energy CoCRGY

Questions about MURPHY OIL CORP

How many subsidiaries does MURPHY OIL CORP file with the SEC?: 24, listed in its most recent exhibit 21. They are incorporated across 5 jurisdictions, led by Netherlands, Mexico, Delaware. 14 of them sit in offshore financial centres. That exhibit is filed with the company's annual report and is the company's own list, not an estimate.
Is MURPHY OIL CORP financially healthy?: MURPHY OIL CORP scores 5 out of 8 on the Piotroski F-score. Only 8 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.
Who are the largest institutional holders of MURPHY OIL CORP?: Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are BlackRock, Inc. (adding), STATE STREET CORP (trimming), GEODE CAPITAL MANAGEMENT, LLC (adding). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

This page is one panel of the terminal

The structure map above is the Corporate Blueprint, and in the desktop it is interactive — click any entity to re-centre the map on it and walk the ownership chain. It sits alongside the screener, the scorecard and the filings lab on one desk, on your machine.

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Sourced from SEC EDGAR primary filings. Figures are as reported by the company and are not investment advice. Scores are standard published screens computed from those filings; every input is shown above so you can check the arithmetic.

Corporate structure

24 entities across 5 jurisdictions, 14 in offshore financial centres. Read directly from the company’s own 10-K EX-21 filed 2026-02-25 — see the exhibit.

Which other public companies file entities in the same places:

Bahamas14 Delaware5 Netherlands2 Mexico2 Brazil1

Entity

Jurisdiction

Note

a. Murphy Netherlands Holdings B.V.

Netherlands

i. Murphy Sur, S. de R. L. de C.V. (see company F.b.i.4.a.ii.1. below)

Mexico

ii. Murphy Netherlands Holdings II B.V.

Netherlands

Murphy Sur, S. de R. L. de C.V.

Mexico

ii.

Delaware

iii.

Bahamas

offshore centre

iv.

Brazil

vi.

Bahamas

offshore centre

vii.

Bahamas

offshore centre

viii.

Bahamas

offshore centre

ix.

Bahamas

offshore centre

xi.

Bahamas

offshore centre

xii.

Bahamas

offshore centre

xiii.

Bahamas

offshore centre

xiv.

Delaware

xv.

Bahamas

offshore centre

xvi.

Bahamas

offshore centre

xvii.

Bahamas

offshore centre

xviii.

Bahamas

offshore centre

xix.

Delaware

xx.

Bahamas

offshore centre

xxi.

Delaware

xxii.

Bahamas

offshore centre

xxiii.

Delaware

Financial health

Two standard screens, computed from the XBRL in FY2025 against FY2024. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.

Piotroski F-score

5 / 8

PASSReturn on assets positiveROA 1.1%
PASSOperating cash flow positiveOCF 1.2B
FAILReturn on assets improving4.2% → 1.1%
PASSCash flow exceeds earningsOCF 1.2B vs NI 104M
PASSLong-term debt ratio falling13.1% → 12.9% of assets
FAILCurrent ratio improving0.83 → 0.77
PASSNo share dilution151M → 144M shares
FAILGross margin improvingno gross profit reported
FAILAsset turnover improving0.31× → 0.28×

Year

Revenue

Net income

Free cash flow

Gross margin

FY2020

$2.0B

−$1.1B

—

153,507,109

FY2021

$2.8B

−$73.7M

—

154,290,741

FY2022

$4.2B

$965.0M

—

157,474,838

FY2023

$3.5B

$661.6M

—

156,646,429

FY2024

$3.0B

$407.2M

—

151,027,352

FY2025

$2.7B

$104.2M

—

144,025,322

Ownership flow

11 institutions tracked — 6 added, 5 reduced, 2 sold out. Index money added 1,616,595 shares while active managers cut 720,860.

Institutional holders of MURPHY OIL CORP and their share-count change
Manager	Kind	Shares	Change	Value
BlackRock, Inc.	Index	19,241,833	+1,005,902	$626.5M
GEODE CAPITAL MANAGEMENT, LLC	Index	4,366,590	+684,054	$142.2M
FMR LLC	Active fund	2,765,612	−454,773	$90.0M
BANK OF AMERICA CORP /DE/	Active fund	1,404,146	−431,910	$45.7M
Bridgewater Associates, LP	Hedge fund	369,028	+349,160	$12.0M
MORGAN STANLEY	Active fund	1,559,871	−290,271	$50.8M
JPMORGAN CHASE & CO	Active fund	839,986	+125,993	$28.7M
STATE STREET CORP	Index	7,305,789	−73,361	$237.9M
AQR CAPITAL MANAGEMENT LLC	Hedge fund	1,759,416	−63,115	$57.3M
PRICE T ROWE ASSOCIATES INC /MD/	Active fund	196,866	+31,143	$6.4M
CITADEL ADVISORS LLC	Hedge fund	1,169,057	+12,913	$38.1M

Questions about MURPHY OIL CORP

How many subsidiaries does MURPHY OIL CORP file with the SEC?

24, listed in its most recent exhibit 21. They are incorporated across 5 jurisdictions, led by Netherlands, Mexico, Delaware. 14 of them sit in offshore financial centres. That exhibit is filed with the company's annual report and is the company's own list, not an estimate.

Is MURPHY OIL CORP financially healthy?

MURPHY OIL CORP scores 5 out of 8 on the Piotroski F-score. Only 8 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.

Who are the largest institutional holders of MURPHY OIL CORP?

Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are BlackRock, Inc. (adding), STATE STREET CORP (trimming), GEODE CAPITAL MANAGEMENT, LLC (adding). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.