Murphy Oil (MUR) executive compensation, 2026 proxy

Eric M. Hambly, President and Chief Executive Officer, was paid $7.7M in 2025, up 60% from $4.8M the year before. The CEO-to-median-employee pay ratio was 38:1, on median employee pay of $203,493.

Filed
March 27, 2026
Annual meeting
May 13, 2026
Pay year
2025
Named executives
5
CEO total pay
$7.7M+60% vs prior year
CEO to median employee
38:1median $203,493
CEO pay in equity
64%$4.9M in awards
Prior say-on-pay support
94%of votes cast
CEO Target Bonus
$1,187,500Based on 2025 grants
Say-on-Pay Support
94%Previous advisory vote support
Total Employees
813Employee population considered
CEO Stock Ownership Guideline
6xMultiple of base salary

How Hambly was paid

$7.7M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary12%Stock awards64%Non-equity incentive17%Pension and deferred comp5%All other compensation1%

Named executive officers

ExecutiveTotal
Eric M. HamblyPresident and Chief Executive Officer$7,651,445
Thomas J. MirelesExecutive Vice President and Chief Financial Officer$4,297,491
E. Ted BotnerExecutive Vice President, General Counsel and Corporate Secretary$3,046,970
Daniel R. HancheraSenior Vice President$1,900,084
Maria A. MartinezSenior Vice President$1,475,571

What changed and why

  • $7.7MCEO Eric M. Hambly received total compensation of $7,651,445 for fiscal 2025.
  • $4.8MCEO total compensation increased from $4,775,630 in the prior fiscal year.
  • $4.9MStock awards for the CEO totaled $4,917,315 during the year.
  • $1.3MNon-equity incentive plan compensation for the CEO was $1,324,063.
  • The ratio of the CEO to median employee annual total compensation was 38 to 1.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.