Murphy Oil Files 8-K for Financial Condition & Reg FD Disclosure

Ticker: MUR · Form: 8-K · Filed: Jan 3, 2024 · CIK: 717423

Complexity: simple

Sentiment: neutral

Topics: financial-update, regulation-fd, results-of-operations

TL;DR

**Murphy Oil just filed an 8-K, signaling a financial update is coming or just dropped.**

AI Summary

Murphy Oil Corporation filed an 8-K on January 3, 2024, to disclose information under Item 2.02, "Results of Operations and Financial Condition," and Item 7.01, "Regulation FD Disclosure." This filing indicates that Murphy Oil is providing an update on its financial performance, likely through a press release or investor presentation, to ensure fair and public dissemination of material non-public information. This matters to investors because it signals an upcoming or concurrent release of financial results or operational updates that could influence the stock price.

Why It Matters

This filing indicates Murphy Oil is releasing important financial or operational updates, which could impact investor sentiment and the company's stock price. Investors should look for the accompanying press release or presentation for details.

Risk Assessment

Risk Level: low — This 8-K is a routine disclosure of an upcoming or concurrent financial update, not an event that inherently carries high risk.

Analyst Insight

A smart investor would immediately check Murphy Oil Corporation's investor relations website or news feeds for the specific financial or operational update referenced by this 8-K, as it likely contains material information that could affect the stock price.

Key Players & Entities

Forward-Looking Statements

FAQ

What specific items did Murphy Oil Corporation report on in this 8-K filing?

Murphy Oil Corporation reported on Item 2.02, "Results of Operations and Financial Condition," and Item 7.01, "Regulation FD Disclosure," as indicated in the filing.

What is the purpose of an Item 7.01, Regulation FD Disclosure, in an 8-K filing?

Item 7.01, Regulation FD Disclosure, is used to publicly disclose material non-public information to ensure fair and broad dissemination, typically through a press release or investor presentation, preventing selective disclosure.

When was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing occurred on January 3, 2024, which is also the filing date.

What is Murphy Oil Corporation's business address as stated in the filing?

Murphy Oil Corporation's business address is 9805 Katy Fwy, Suite G-200, Houston, Texas 77024, with a telephone number of (281) 675-9000.

What is the significance of Item 2.02, Results of Operations and Financial Condition, in an 8-K?

Item 2.02, Results of Operations and Financial Condition, is used to disclose material information regarding a company's financial performance, such as earnings announcements, financial forecasts, or other significant financial updates.

Filing Stats: 1,184 words · 5 min read · ~4 pages · Grade level 14.7 · Accepted 2024-01-03 16:31:25

Key Financial Figures

Filing Documents

02 Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition. On January 3, 2024, Murphy Oil Corporation (the "Company") announced that drilling has concluded at the Oso #1 exploration well in Atwater Valley 138 in the Gulf of Mexico. Non-commercial hydrocarbons were present, and the well will be plugged and abandoned. Exploration expense guidance for the fourth quarter of 2023 has been revised accordingly from $53 million to $83 million, including a net well cost of $64 million for Oso.

01. Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure. Beginning on January 3, 2024, members of management of the Company, including Roger W. Jenkins, President and Chief Executive Officer, and Kelly L. Whitley, Vice President, Investor Relations and Communications, will meet with certain investors, including in connection with the Company's participation at the Goldman Sachs Energy, CleanTech and Utilities Conference. Attached hereto as Exhibit 99.1 is a copy of the presentation prepared by the Company in connection therewith. *** The information in this Current Report on Form 8-K, including Exhibit 99.1, is being furnished and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended ("Exchange Act"), or otherwise subject to the liabilities of that Section, and shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended, or the Exchange Act, except as otherwise expressly stated in such filing. This Current Report on Form 8-K, including Exhibit 99.1, contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally identified through the inclusion of words such as "aim", "anticipate", "believe", "drive", "estimate", "expect", "expressed confidence", "forecast", "future", "goal", "guidance", "intend", "may", "objective", "outlook", "plan", "position", "potential", "project", "seek", "should", "strategy", "target", "will" or variations of such words and other similar expressions. These statements, which express management's current views concerning future events, results and plans, are subject to inherent risks, uncertainties and assumptions (many of which are beyond our control) and are not guarantees of performance. In particular, statements, express or implied, concerning the company's future operating results or activities and returns or the company's ability a

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits 99.1 Murphy Oil Corporation Presentation dated January 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 2

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: January 3, 2024 MURPHY OIL CORPORATION By: /s/ Paul D. Vaughan Name: Paul D. Vaughan Title: Vice President and Controller 3

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