murfin, inc.

What murfin, inc. does

Murfin, Inc. is a privately held, family-owned diversified holding company headquartered in Wichita, Kansas. It originated as Murfin Drilling Co. in 1926 and was consolidated in 1991 into its current holding-company form under chairman and CEO David Murfin, the third generation of family ownership. The company operates as a portfolio of distinct business units rather than a unified product platform. Its core operating businesses include Murfin Drilling Co. (oil and gas production, described as one of the top producers in Kansas), Murphy Tractor and Equipment Company (one of John Deere's largest North American construction equipment dealers), and Lift Truck Center Inc. (industrial forklift sales and service across Wichita, KS, Springfield, MO, and Webb City, MO). Additional holdings include MV Purchasing, LLC (oil and gas marketing and transportation, in which Murfin is managing member partner), MV Oil Trust (a publicly held royalty trust distributing proceeds from Kansas and Colorado properties), MVP Holdings, LLC (commercial real estate), Hurricane Services (oil and gas field services), My Town Media (local radio stations), and minority interests in two local banks. The company reports 10,000+ employees and serves end markets including oil and gas operators, construction equipment buyers, industrial equipment buyers, and local media and banking customers in the U.S. Midwest.

Name

murfin, inc.

Legal name

Murfin Inc.

Website

https://murfininc.com

Company type

Private

Founded year

1926

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Murfin, Inc. is a privately held, third-generation family-owned diversified holding company in Wichita, Kansas, operating oil and gas production, John Deere construction equipment dealerships, industrial forklift sales, commercial real estate, radio stations, and bank interests.

Ownership category

akta.pro rank

Headquarters

HQ city

Wichita

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Supply Chain, Marketing or Sales, Infrastructure, Technology or R&D

Distribution channels1 record

Core offering

Murfin, Inc. is a diversified, family-owned holding company that operates a portfolio of distinct businesses including oil and gas production (Murfin Drilling Co.), John Deere construction equipment dealerships (Murphy Tractor & Equipment Company), industrial forklift sales and service (Lift Truck Center Inc.), oil and gas marketing and transportation (MV Purchasing, LLC), oil and gas royalty distribution (MV Oil Trust), radio broadcasting (My Town Media), oil and gas field services (Hurricane Services), commercial real estate (MVP Holdings, LLC), and interests in local banks.

Product overview

Murfin Inc. is a diversified holding company organized as a portfolio of distinct business units rather than a single unified product. The core legacy business is Murfin Drilling Co., an oil and gas production company founded in 1926. The company holds multiple subsidiaries and affiliated brands including Murphy Tractor & Equipment Company (John Deere construction dealer), Lift Truck Center Inc. (forklift sales/service), MV Purchasing LLC (oil and gas marketing/transportation), MV Oil Trust (publicly traded royalty trust), My Town Media (radio stations), and Hurricane Services. These operate as independent business units under the Murfin Inc. umbrella, connected through shared ownership and management rather than an integrated product platform.

Differentiator

Problem solved

Functional benefit

Brands

• Murfin Drilling Company, Inc. Oil and gas production company, one of the top producers in Kansas
• Hurricane Services
• Murphy Tractor & Equipment Co.
• MVP Holdings, LLC
• MV Oil Trust
• Lift Truck Center, Inc.
• My Town Media

Products and services

• Murfin Drilling Co.
• Murphy Tractor and Equipment Company
• Lift Truck Center, Inc.
• MV Oil Trust
• My Town Media
• Hurricane Services

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• John DeerecoreChannel Partner/ Reseller/ DistributorMurphy Tractor and Equipment Company, a Murfin Inc. holding, is one of John Deere's largest North American construction dealers, representing a significant distribution partnership for construction equipment.

Scale indicators3 records

Recent moves7 records

Expansion highlights3 records

Direct peers

• Nortrax: John Deere construction and forestry equipment dealer with significant North American footprint. Directly comparable to Murphy Tractor in OEM partnership and product category.
• 4 Rivers Equipment: John Deere construction equipment dealer operating across the western U.S. Same OEM dependency and dealership business model as Murphy Tractor, making it a direct comparable.
• Berry Petroleum Company: Independent oil and gas producer with California and Utah assets. Comparable to Murfin Drilling Co. as a domestically focused upstream operator, though with different basin exposure.
• Plains All American Pipeline: Midstream oil and gas marketing, transportation, and storage company. Comparable to MV Purchasing, LLC's oil and gas marketing and transportation business, with overlapping counterparty sets and operating model.
• RDO Equipment Co. One of the largest John Deere construction equipment dealer networks in North America, with branches across multiple states. Directly comparable to Murphy Tractor & Equipment Company in product mix, OEM relationship, and customer base.
• Stotz Equipment: Multi-state John Deere construction and agriculture equipment dealer with a comparable geographic footprint. Closely matches Murphy Tractor's dealer profile and after-sales parts/service economics.

Broad incumbents

• Koch Industries: Privately held, family-controlled diversified conglomerate with significant oil and gas, midstream, and industrial operations. Comparable to Murfin Inc. as a private, multi-generational, diversified holding company with upstream energy exposure.
• Berkshire Hathaway: Largest diversified holding company in the U.S., with energy, industrial, real estate, and finance holdings. Comparable to Murfin Inc. in the parent-of-portfolio-operating-companies structure, though at vastly larger scale.
• Cargill: Privately held, family-controlled diversified agriculture and risk management conglomerate. Comparable to Murfin Inc. as a multi-generational, private, multi-industry holding company with operating subsidiaries.

Regional players

• Murphy USA: Large independent U.S. petroleum product retailer and refiner with roots in the Murphy family oil business. Comparable to Murfin Inc. in family-controlled, multi-generational U.S. petroleum operations, though focused downstream rather than upstream.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/murfin-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about murfin, inc.