Murphy Oil Corporation is an American energy company based in Houston, Texas, specializing in hydrocarbon exploration and production. Founded in the early 1900s and officially incorporated in 1950, the company has a rich history that began with family ventures in lumber and banking before transitioning to oil exploration.

The company focuses on upstream oil and gas activities, with significant operations in the Gulf of Mexico, western Canada, the North Sea, and Ecuador. Murphy Oil is known for its deepwater offshore drilling capabilities and has a strong presence in both onshore and offshore exploration. Its products primarily include crude oil and natural gas, with a commitment to capitalizing on core producing assets, particularly in the Gulf of Mexico and the Eagle Ford shale. The company plans to invest between $920 million and $1.02 billion in 2024, emphasizing debt reduction and shareholder returns.