---
schema_version: "secwatch.filing_event.v1"
accession: "0000717423-24-000015"
form_type: "8-K"
ticker: "MUR"
cik: "0000717423"
company_name: "MURPHY OIL CORP"
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-03T01:07:21.438408+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Murphy Oil Q1 net income $90M ($0.59/diluted); adjusted $131M ($0.85); production 170 MBOEPD

## Summary
- Adjusted net income of $131M ($0.85 diluted) vs GAAP net income of $90M ($0.59 diluted); $50M in adjustments including impairments.
- Production averaged 170 MBOEPD (89 MBOPD oil, 52% oil) at high end of guidance.
- Repurchased $50M of stock (1.3M shares at avg $39.25); $400M remaining under authorization.
- 2024 guidance reaffirmed: capex $920M-$1.02B, production 180-188 MBOEPD.
- Moody's and Fitch revised outlooks to positive from stable, affirming Ba2 and BB+ ratings.

## SEC filing metadata
- accession: 0000717423-24-000015
- form_type: 8-K
- ticker: MUR
- cik: 0000717423
- company_name: MURPHY OIL CORP
- filed_at: 2024-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/717423/000071742324000015/0000717423-24-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/717423/000071742324000015/mur-20240502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000717423-24-000015
- JSON: https://secwatch.observer/filing/0000717423-24-000015.json
- Plain text: https://secwatch.observer/filing/0000717423-24-000015.txt

## Key facts
- Earnings Releases
  MURPHY OIL CORP reported first quarter ended March 31, 2024 results: net income $90 million, EPS $0.59 net income per diluted share. Guidance reaffirmed.
  - Period: first quarter ended March 31, 2024
  - Net income: $90 million
  - EPS: $0.59 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, 2024, including net income attributable to Murphy of $90 million, or $0.59 net income per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/717423/000071742324000015/0000717423-24-000015-index.htm

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