---
schema_version: "secwatch.filing_event.v1"
accession: "0000717423-24-000004"
form_type: "8-K"
ticker: "MUR"
cik: "0000717423"
company_name: "MURPHY OIL CORP"
filed_at: "2024-01-25T23:59:59+00:00"
generated_at: "2026-06-06T18:45:35.884094+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Murphy Oil Q4 adj EPS $0.90, FY23 net income $662M; raises dividend 9% to $0.30/quarter

## Summary
- Q4 2023 adj net income $140M ($0.90/diluted); full-year adj net income $709M ($4.52/diluted).
- Achieved $500M debt reduction target in 2023; total debt $1.3B with weighted avg maturity 8.1 years.
- Repurchased $150M of shares in 2023 (3.4M shares at avg $43.96); $450M remaining under authorization.
- Quarterly dividend increased 9% to $0.30/share ($1.20 annualized), payable March 4, 2024 to holders of record Feb 20.
- Preliminary year-end 2023 proved reserves 724 MMBOE (139% reserve replacement); 2024 production guidance 180-188 MBOEPD.

## SEC filing metadata
- accession: 0000717423-24-000004
- form_type: 8-K
- ticker: MUR
- cik: 0000717423
- company_name: MURPHY OIL CORP
- filed_at: 2024-01-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/717423/000071742324000004/0000717423-24-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/717423/000071742324000004/mur-20240125.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000717423-24-000004
- JSON: https://secwatch.observer/filing/0000717423-24-000004.json
- Plain text: https://secwatch.observer/filing/0000717423-24-000004.txt

## Key facts
- Earnings Releases
  MURPHY OIL CORP reported the quarter ended December 31, 2023 results: net income $116 million, or $0.75 net income per diluted share, EPS $0.75 net income per diluted share.
  - Period: the quarter ended December 31, 2023
  - Net income: $116 million, or $0.75 net income per diluted share
  - EPS: $0.75 net income per diluted share
  - Result: reported results
  source text: Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the fourth quarter ended December 31, 2023, including net income attributable to Murphy of $116 million, or $0.75 net income per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/717423/000071742324000004/0000717423-24-000004-index.htm
- Earnings Releases
  MURPHY OIL CORP reported the year ended December 31, 2023 results: net income $662 million, or $4.22 net income per diluted share, EPS $4.22 net income per diluted share.
  - Period: the year ended December 31, 2023
  - Net income: $662 million, or $4.22 net income per diluted share
  - EPS: $4.22 net income per diluted share
  - Result: reported results
  source text: For full year 2023, the company recorded net income attributable to Murphy of $662 million, or $4.22 net income per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/717423/000071742324000004/0000717423-24-000004-index.htm

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