---
schema_version: "secwatch.filing_event.v1"
accession: "0000717423-23-000032"
form_type: "8-K"
ticker: "MUR"
cik: "0000717423"
company_name: "MURPHY OIL CORP"
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T01:54:40.807409+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Murphy Oil posts Q1 net income $192M, EPS $1.22; production exceeds guidance at 172.5 MBOEPD

## Summary
- Adjusted net income $195M ($1.24/diluted share); EBITDAX $474M.
- Production 172.5 MBOEPD (94 MBOPD oil), exceeding upper end of guidance.
- Gulf of Mexico discovery at Longclaw #1; 62 ft net oil pay encountered.
- Reaffirms 2023 production guidance 175.5-183.5 MBOEPD and capex $875M-$1.025B.
- Credit rating upgraded to BB+ by S&P; dividend $0.275/quarter maintained.

## SEC filing metadata
- accession: 0000717423-23-000032
- form_type: 8-K
- ticker: MUR
- cik: 0000717423
- company_name: MURPHY OIL CORP
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/717423/000071742323000032/0000717423-23-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/717423/000071742323000032/mur-20230503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000717423-23-000032
- JSON: https://secwatch.observer/filing/0000717423-23-000032.json
- Plain text: https://secwatch.observer/filing/0000717423-23-000032.txt

## Key facts
- Earnings Releases
  MURPHY OIL CORP reported first quarter ended March 31, 2023 results: net income $192 million, EPS $1.22 net income per diluted share. Guidance reaffirmed.
  - Period: first quarter ended March 31, 2023
  - Net income: $192 million
  - EPS: $1.22 net income per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the first quarter ended March 31, 2023, including net income attributable to Murphy of $192 million, or $1.22 net income per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/717423/000071742323000032/0000717423-23-000032-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.