Murphy Oil Corp Enters Material Definitive Agreement
Ticker: MUR · Form: 8-K · Filed: Oct 7, 2024 · CIK: 717423
Sentiment: neutral
Topics: material-definitive-agreement, financial-obligation, debt
Related Tickers: MUR
TL;DR
Murphy Oil Corp just signed a big deal, expect financial moves.
AI Summary
On October 3, 2024, Murphy Oil Corporation entered into a Material Definitive Agreement related to a direct financial obligation. The company also reported other events and filed financial statements and exhibits. The filing was made on October 7, 2024.
Why It Matters
This filing indicates Murphy Oil Corporation has entered into a significant agreement that likely involves financial commitments or obligations, which could impact its financial standing and future operations.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements and financial obligations can introduce new risks related to debt, performance, and market conditions.
Key Players & Entities
- Murphy Oil Corporation (company) — Registrant
- October 3, 2024 (date) — Date of earliest event reported
- October 7, 2024 (date) — Date of report
FAQ
What type of material definitive agreement did Murphy Oil Corporation enter into?
The filing states that Murphy Oil Corporation entered into a Material Definitive Agreement, and it also constitutes the Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. Specific details of the agreement are not provided in the summary.
What is the earliest event date reported in this 8-K filing?
The earliest event date reported is October 3, 2024.
When was this 8-K filing submitted to the SEC?
This 8-K filing was submitted on October 7, 2024.
What is Murphy Oil Corporation's primary industry?
Murphy Oil Corporation's Standard Industrial Classification is Crude Petroleum & Natural Gas [1311].
What is the company's state of incorporation?
Murphy Oil Corporation is incorporated in Delaware.
Filing Stats: 1,010 words · 4 min read · ~3 pages · Grade level 10.5 · Accepted 2024-10-07 16:33:01
Key Financial Figures
- $1.00 — ange on which registered Common Stock, $1.00 Par Value MUR New York Stock Exchan
- $1,200.0 million — red into a credit agreement governing a $1,200.0 million revolving credit facility (the "New Rev
Filing Documents
- d856593d8k.htm (8-K) — 30KB
- d856593dex101.htm (EX-10.1) — 752KB
- d856593dex991.htm (EX-99.1) — 26KB
- g856593g1007172231053.jpg (GRAPHIC) — 4KB
- 0001193125-24-233828.txt ( ) — 1122KB
- mur-20241003.xsd (EX-101.SCH) — 3KB
- mur-20241003_lab.xml (EX-101.LAB) — 18KB
- mur-20241003_pre.xml (EX-101.PRE) — 11KB
- d856593d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits 10.1 Credit Agreement, dated as of October 7, 2024, among Murphy Oil Corporation, Murphy Exploration & Production Company – International and Murphy Oil Company Ltd., as borrowers, JPMorgan Chase Bank N.A., as administrative agent, and the lenders party thereto. 99.1 Press Release dated October 3, 2024, entitled "Murphy Oil Corporation Announces Early Results of Cash Tender Offers for Outstanding Debt Securities". 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE 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: October 7, 2024 MURPHY OIL CORPORATION By: /s/ Paul D. Vaughan Name: Paul D. Vaughan Title: Vice President and Controller