Murphy Oil (MUR) Faces Failure in Second Exploration Well Offshore Ivory Coast [Yahoo! Finance]
Murphy Oil Corporation (MUR)
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Source: Yahoo! Finance
The share price of Murphy Oil Corporation (NYSE: MUR ) fell by 5.09% between February 18 and February 25, 2026, putting it among the Energy Stocks that Lost the Most This Week Murphy Oil (MUR) Faces Failure in Second Exploration Well Offshore Ivory Coast Murphy Oil Corporation (NYSE:MUR) is a global independent oil and natural gas exploration and production company. Murphy Oil Corporation (NYSE:MUR) had a setback on February 24 when the company revealed that its second exploration well offshore the Ivory Coast had also failed, after its first well suffered a similar fate last month. Murphy's second well, Caracal-1X, will now be abandoned and plugged as a dry hole. Murphy Oil Corporation (NYSE:MUR) holds a 90% working interest in Block CI-502 offshore the Ivory Coast and serves as the operator, while the state-owned Petroci owns the remaining 10%. Despite the setbacks in the first two wells, the two partners remain committed to moving forward with a third well, Bubale-1X, in B
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News
- Murphy Oil Corporation to Host a Webinar Series Focused on the Company's Offshore Strategy and Vietnam Business [Yahoo! Finance]Yahoo! Finance
- Murphy Oil Corporation to Host a Webinar Series Focused on the Company’s Offshore Strategy and Vietnam BusinessBusiness Wire
- Murphy Oil Corporation Announces Results of Caracal Exploration Well in Côte d’IvoireBusiness Wire
- Murphy Oil (NYSE:MUR) was given a new $29.00 price target on by analysts at The Goldman Sachs Group, Inc..MarketBeat
- Users Validate Leostream Platform in HPC EnvironmentsBusiness Wire
MUR
Earnings
- 1/28/26 - Beat
MUR
Sec Filings
- 2/25/26 - Form 10-K
- 2/12/26 - Form 4
- 2/10/26 - Form 4
- MUR's page on the SEC website