Murphy Oil Corporation (MUR)

Debt-to-equity ratio

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 5,118,380 5,194,250 5,362,790 4,994,770 4,320,800
Debt-to-equity ratio 0.00 0.00 0.00 0.00 0.00

December 31, 2025 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $5,118,380K
= 0.00