{"schema_version":"secwatch.filing_event.v1","accession":"0000717423-22-000074","form_type":"8-K","ticker":"MUR","cik":"0000717423","company_name":"MURPHY OIL CORP","filed_at":"2022-11-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.337478+00:00","generated_at":"2026-06-21T16:12:42.647383+00:00","sec_items":["1.01","1.02","2.03"],"event_type":"debt","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Murphy Oil enters $800M revolving credit facility maturing Nov 2027","bullets":["$800M senior unsecured revolving credit facility maturing November 2027.","Interest based on SOFR plus spread determined by Moody's/S&P ratings.","Pre-investment grade: max leverage 3.50x, min interest coverage 2.50x.","Post-investment grade: max debt-to-capitalization 60%.","Prior 2018 credit agreement terminated effective November 17, 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0000717423-22-000074","json":"https://secwatch.observer/filing/0000717423-22-000074.json","markdown":"https://secwatch.observer/filing/0000717423-22-000074.md","text":"https://secwatch.observer/filing/0000717423-22-000074.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/717423/000071742322000074/0000717423-22-000074-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/717423/000071742322000074/mur-20221117.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T16:12:42.647383+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"9399936e361a9324d5c7069901b348e7fddc82c5","claim":"MURPHY OIL CORP incurred revolving credit of $800 million with lenders under the New Revolving Credit Facility at interest at rates based on either the “Alternate Base Rate”, the “Adjusted Term maturing November 2027.","evidence_excerpt":"On November 17, 2022, Murphy Oil Corporation (the “Company”) entered into an $800 million revolving credit facility (the “New Revolving Credit Facility”). The New Revolving Credit Facility is a senior unsecured guaranteed facility with a maturity date in November 2027.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/717423/000071742322000074/0000717423-22-000074-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$800 million"},{"label":"Counterparty","value":"lenders under the New Revolving Credit Facility"},{"label":"Rate","value":"interest at rates based on either the “Alternate Base Rate”, the “Adjusted Term"},{"label":"Maturity","value":"November 2027"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"a535a1b2a3e6b22e7d55a1b6f0f6b162c2bc3508","claim":"MURPHY OIL CORP entered into New Revolving Credit Facility with Various Lenders valued at $800,000,000 (effective 2022-11-17).","evidence_excerpt":"On November 17, 2022, Murphy Oil Corporation (the “Company”) entered into an $800 million revolving credit facility (the “New Revolving Credit Facility”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/717423/000071742322000074/0000717423-22-000074-index.htm","confidence":1.0,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Various Lenders"},{"label":"Value","value":"$800,000,000"},{"label":"Effective","value":"2022-11-17"}],"fact_type":"material_agreement"},{"claim_id":"e0943ff04c361066c4838d8820d9b2dd379be62a","claim":"MURPHY OIL CORP terminated Credit Agreement dated as of November 28, 2018 with JPMorgan Chase Bank, N.A. valued at Not specified (effective 2022-11-17).","evidence_excerpt":"Effective November 17, 2022, the Company terminated the Credit Agreement dated as of November 28, 2018, among the Company, the other parties thereto and JPMorgan Chase, N.A.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/717423/000071742322000074/0000717423-22-000074-index.htm","confidence":1.0,"family_label":"Material Agreements","details":[{"label":"Action","value":"termination"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A."},{"label":"Value","value":"Not specified"},{"label":"Effective","value":"2022-11-17"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}