Murphy Oil Appoints New CFO, Tom Manning Retires

Ticker: MUR · Form: 8-K · Filed: Jun 17, 2024 · CIK: 717423

Sentiment: neutral

Topics: management-change, cfo-appointment, retirement

Related Tickers: MUR

TL;DR

Murphy Oil gets a new CFO, Chip Guthrie, as Tom Manning retires July 1st.

AI Summary

On June 17, 2024, Murphy Oil Corporation (MUR) announced the appointment of Thomas F. "Chip" Guthrie as its new Executive Vice President and Chief Financial Officer, effective July 1, 2024. Guthrie previously served as Senior Vice President, Corporate Development and Strategy for the company. He will succeed Thomas E. "Tom" "Manning, who is retiring after a distinguished career with Murphy Oil.

Why It Matters

This leadership change in a key financial role could signal shifts in the company's financial strategy or capital allocation priorities.

Risk Assessment

Risk Level: low — The appointment of an internal candidate to CFO is a standard leadership transition and does not inherently introduce new risks.

Key Players & Entities

FAQ

Who is the new Executive Vice President and Chief Financial Officer of Murphy Oil Corporation?

Thomas F. "Chip" Guthrie has been appointed as the new Executive Vice President and Chief Financial Officer.

When does the new CFO appointment become effective?

The appointment of Thomas F. "Chip" Guthrie as CFO is effective July 1, 2024.

Who is retiring from Murphy Oil Corporation?

Thomas E. "Tom" Manning, the current Chief Financial Officer, is retiring.

What was Chip Guthrie's previous role at Murphy Oil Corporation?

Chip Guthrie previously served as Senior Vice President, Corporate Development and Strategy for Murphy Oil Corporation.

What is the ticker symbol for Murphy Oil Corporation?

The ticker symbol for Murphy Oil Corporation is MUR.

Filing Stats: 1,112 words · 4 min read · ~4 pages · Grade level 14.4 · Accepted 2024-06-17 06:15:31

Key Financial Figures

Filing Documents

01. Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure. Beginning June 17, 2024, members of management of Murphy Oil Corporation (the "Company"), including Roger W. Jenkins, Chief Executive Officer, and Kelly L. Whitley, Vice President, Investor Relations and Communications, will host investor meetings in connection with the Company's participation at the J.P. Morgan Energy, Power and Renewables Conference. Attached hereto as Exhibit 99.1 is a copy of the presentation prepared by the Company in connection therewith. The information in this Item 7.01, 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 the information furnished pursuant to Item 7.01 and the related Item 9.01 hereto, 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 r

01. Financial Statements and Exhibits

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

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: June 17, 2024 MURPHY OIL CORPORATION By: /s/ Paul D. Vaughan Name: Paul D. Vaughan Title: Vice President and Controller

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