Murphy Oil

Murphy Oil

Community score

-2.01 -55
Industry: Oil & Gas - Exploration & Production
Listing country: United States
Year added: 2018

Murphy Oil Corporation, incorporated in 1950, has its headquarters situated in Houston, Texas, United States. The corporation specializes in several key sectors of the oil and energy industry, with emphases on Oil and Natural Gas Exploration and Production, Offshore Operations, and Onshore Operations. In the realm of exploration and production, Murphy Oil is dedicated to locating and extracting crude oil, natural gas liquids, and natural gas. The company has a substantial role in the offshore drilling sector, with significant activities in the deep waters of the Gulf of Mexico, as well as in regions like South America, Southeast Asia, and West Africa. Alongside offshore endeavors, Murphy Oil's onshore operations are active within the United States and Canada. Here, the focus largely rests upon exploiting unconventional resource plays. As Murphy Oil is primarily involved in the upstream segment of the industry, which encompasses exploration and production activities, it does not concentrate on individual consumer-facing brands. This aspect of the business is often less visible to the general public because the company’s operations do not typically extend into the downstream retail market. The corporation markets its products and services across various nations, with the United States, Canada, Mexico, Malaysia, and Brazil being among the most significant in terms of operational presence and oil production. Murphy Oil maintains a global footprint, with interests and operations in other countries where they explore for and produce oil and gas. (Powered by AI)

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