---
schema_version: "secwatch.filing_event.v1"
accession: "0000717423-24-000024"
form_type: "8-K"
ticker: "MUR"
cik: "0000717423"
company_name: "MURPHY OIL CORP"
filed_at: "2024-08-08T23:59:59+00:00"
generated_at: "2026-05-31T11:24:41.872883+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Murphy Oil Q2 net income $128M ($0.83/diluted); revised capital framework accelerates buybacks

## Summary
- Q2 adjusted net income $124M ($0.81/diluted); production 181 MBOEPD (91 MBOPD oil).
- Repurchased $56M of stock and $50M of senior notes in Q2; $44M more repurchased post-Q2.
- Board increased share repurchase authorization by $500M to $800M remaining.
- Revised capital allocation (Murphy 3.0) allocates min 50% of adjusted FCF to shareholder returns, primarily buybacks.
- Maintained 2024 production guidance 180-188 MBOEPD (lower end) and CAPEX $920M-$1.02B.

## SEC filing metadata
- accession: 0000717423-24-000024
- form_type: 8-K
- ticker: MUR
- cik: 0000717423
- company_name: MURPHY OIL CORP
- filed_at: 2024-08-08T23:59:59+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/717423/000071742324000024/0000717423-24-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/717423/000071742324000024/mur-20240808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000717423-24-000024
- JSON: https://secwatch.observer/filing/0000717423-24-000024.json
- Plain text: https://secwatch.observer/filing/0000717423-24-000024.txt

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