Murphy Oil Stock Risk as compared to the Overall Stock Market Risk.

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- Definition

The weighted average fair value at grant date for nonvested equity-based awards issued during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan).

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- Definition

The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period.

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- Definition

The risk-free interest rate assumption that is used in valuing an option on its own shares.

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- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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Expected term of award under share-based payment arrangement, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days.

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Incentive Plans - Schedule of Assumptions used in Valuation of Performance Awards Granted (Details) - $ / shares	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Performance Based Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair value per share at grant date (in USD per share)		$ 41.95	$ 60.46
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions and Methodology [Abstract]
Expected volatility	40.00%	50.00%	81.00%
Risk-free interest rate	4.25%	4.14%	3.90%
Stock beta	0.980	1.062	1.034
Expected life	3 years	3 years	3 years
Performance Based Restricted Stock \| Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair value per share at grant date (in USD per share)	$ 19.65
Performance Based Restricted Stock \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair value per share at grant date (in USD per share)	22.11
Time lapse restricted stock \| Non-Employee Directors
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair value per share at grant date (in USD per share)			$ 43.27
Time lapse restricted stock \| Non-Employee Directors \| Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair value per share at grant date (in USD per share)	22.50	$ 30.26
Time lapse restricted stock \| Non-Employee Directors \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair value per share at grant date (in USD per share)	31.25	45.70
Time lapse restricted stock \| Long Term Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair value per share at grant date (in USD per share)			$ 42.20
Time lapse restricted stock \| Long Term Incentive Plan \| Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair value per share at grant date (in USD per share)	23.09	37.78
Time lapse restricted stock \| Long Term Incentive Plan \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair value per share at grant date (in USD per share)	$ 25.98	$ 45.98