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Murphy Oil Corporation Announces Fourth Quarter and Full Year 2023 Results, Preliminary Year-End 2023 Reserves, 2024 Capital Expenditure and Production Guidance

Accomplished 2023 Debt Reduction Goal of $500 Million, Repurchased $150 Million of Shares in Accordance With Capital Allocation Framework, Increased Dividend 9 Percent Annualized in 2024, Achieved.

Murphy Oil Corporation Announces Fourth Quarter and Full Year 2023 Results, Preliminary Year-End 2023 Reserves, 2024 Capital Expenditure and Production Guidance

Murphy Oil Corporation today announced its financial and operating results for the fourth quarter ended December 31, 2023, including net income attributable to Murphy of $116 million, or $0.75 net income per diluted share. Excluding discontinued.

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