---
schema_version: "secwatch.filing_event.v1"
accession: "0000717423-23-000059"
form_type: "8-K"
ticker: "MUR"
cik: "0000717423"
company_name: "MURPHY OIL CORP"
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-09T01:18:31.515058+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Murphy Oil Q3 net income $255M ($1.63 EPS); boosts buyback authorization by $300M, raises 2023 production guidance

## Summary
- Net income $255M ($1.63 diluted EPS); adjusted $249M ($1.59). Production 202 MBOEPD, above guidance.
- Redeemed remaining $249M of 5.75% Senior Notes due 2025; total debt reduced to $1.6B.
- Repurchased $75M of shares; board increased buyback authorization by $300M to $525M remaining.
- Sanctioned Lac Da Vang field development in Vietnam (40% WI); first oil targeted 2026, peak gross 30-40 MBOEPD.
- Raised full-year 2023 production guidance to 185-187 MBOEPD (midpoint +3 MBOEPD).

## SEC filing metadata
- accession: 0000717423-23-000059
- form_type: 8-K
- ticker: MUR
- cik: 0000717423
- company_name: MURPHY OIL CORP
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/717423/000071742323000059/0000717423-23-000059-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/717423/000071742323000059/mur-20231102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000717423-23-000059
- JSON: https://secwatch.observer/filing/0000717423-23-000059.json
- Plain text: https://secwatch.observer/filing/0000717423-23-000059.txt

## Key facts
- Earnings Releases
  MURPHY OIL CORP reported for the third quarter ended September 30, 2023 results: net income $255 million, EPS $1.63 net income per diluted share.
  - Period: for the third quarter ended September 30, 2023
  - Net income: $255 million
  - EPS: $1.63 net income per diluted share
  - Result: reported results
  source text: Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the third quarter ended September 30, 2023, including net income attributable to Murphy of $255 million, or $1.63 net income per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/717423/000071742323000059/0000717423-23-000059-index.htm

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