Risk factors
Murphy Oil (MUR) risk factors
Item 1A of every Murphy Oil Corp. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors28 risks3 new4 dropped12 reworded
Murphy Oil added climate litigation and government market intervention risks while updating its capital allocation and exploration results. Price volatility discussions were expanded to detail specific impairment, reserve reduction, and dividend risks.
Filed Feb 25, 2026 - FY2024 10-K risk factors29 risks
Murphy Oil relies heavily on commodity prices for crude oil, natural gas, and NGLs. Operations face severe weather hazards, third-party infrastructure dependencies, joint venture risks, and strict environmental regulations.
Filed Feb 27, 2025