Does Murphy Oil go bad?
Murphy Oil Corporation continues to exist and operate as a prominent independent oil and natural gas exploration and production enterprise headquartered in Houston, Texas. The company engages in upstream petroleum extraction assets across the Gulf of Mexico, Canada, and international basins. Although it previously operated retail gas stations and downstream refining operations under related corporate banners, those retail assets were spun off into Murphy USA, leaving the parent entity focused strictly on upstream energy exploration.
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