Murphy Oil
Murphy Oil Corporation, commonly known as Murphy Oil, is a prominent player in the global energy sector, headquartered in El Dorado, Arkansas, USA. Founded in 1950, the company has established itself as a significant independent oil and natural gas exploration and production firm, with major operational regions spanning North America and offshore areas in the Gulf of Mexico. Specialising in the exploration, production, and marketing of crude oil and natural gas, Murphy Oil is recognised for its commitment to sustainable practices and innovative technologies. The company’s core offerings include upstream oil and gas production, with a focus on high-quality reserves that set it apart in a competitive market. With a strong market position, Murphy Oil has achieved notable milestones, including successful exploration projects and strategic partnerships that enhance its operational efficiency and growth potential.
DitchCarbon Score
How does Murphy Oil's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Gas/Diesel Oil industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Murphy Oil's score of 18 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Murphy Oil's reported carbon emissions
In 2023, Murphy Oil Corporation reported total carbon emissions of approximately 92,001,000 kg CO2e, comprising 6,924,000 kg CO2e from Scope 1 and 85,077,000 kg CO2e from Scope 2. The company also disclosed significant Scope 3 emissions, primarily from the use of sold products, amounting to about 24,300,000,000 kg CO2e. Over the years, Murphy Oil has demonstrated a trend of reducing its emissions. For instance, in 2022, the total emissions were approximately 88,905,000 kg CO2e, indicating a slight decrease in 2023. The company has made efforts to lower its Scope 1 emissions, which were about 7,283,000 kg CO2e in 2022, down from 9,652,000 kg CO2e in 2021. Despite these reductions, Murphy Oil has not publicly committed to specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of formal reduction targets suggests that while the company is actively monitoring and reporting its emissions, it may not yet have established a comprehensive strategy for long-term emissions reduction. Overall, Murphy Oil's emissions data reflects its ongoing efforts to manage its carbon footprint, although further commitments and structured reduction targets would enhance its climate strategy.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 2,689,920,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 236,381,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Murphy Oil is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
