🇺🇸 SECMURPHY OIL CORPDoubao · 实盘不做把握 5/10不做原因:风险收益比不佳
北京时间·🕒 发布 18:25:25·⟳ 抓取 18:25:59 +34s·⚡ 决策 10-13 18:27:49 +1m50s·14.3 天前
Murphy Oil公布科特迪瓦Bubale评价成功、越南Lac Da Trang北探井发现及两油田投产进展
纯作业进展型Reg FD披露:无储量、无金额、无指引修正;Chinook #8投产与钻前预期一致、Lac Da Vang首油属既定里程碑,新发现远周期且不可量化;新闻稿10月12日(周一)盘中前发布,市场已有完整一个交易日消化(当日+1.81%),13日盘前仅+0.8%且量极小,增量催化的风险回报不足。
📄 原文MURPHY OIL CORP↗ 原文
----- mur-20261012.htm ----- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT R…
不做 Murphy Oil Corporation(MUR.US)
无储量/金额/指引增量的作业进展软催化:两投产井已在预期内、两发现远周期不可量化;消息在周一开盘前发布并经全天交易(+1.8%),周二盘前仅+0.8%且无量,56亿美元市值下缺乏短线正期望edge,不追多也无做空依据。
展开详情(成交明细 / 研究档案 / 原文全文 / 决策记录链)
研究档案
结论摘要
Murphy Oil一次性宣布评价成功、新探井发现和两井投产,方向正面但均为无储量/金额/指引增量的远周期或已预期事项;消息经周一全天交易后盘前反应平淡,对56亿美元市值缺乏短线重定价edge,回避。
消息传播链
- 美东10月12日(周一)休斯顿发布四项作业进展,发布于美股开盘前,市场拥有完整交易日消化。市场反应:10月12日MUR收39.38,+1.81%(开盘39.40,最高39.79)。
- 8-K仅为Reg FD自愿(furnished)备案,附件即12日新闻稿,无新增财务或指引信息。市场反应:13日盘前约39.70,较周一收盘+0.81%,盘前量仅860股,反应温和。
关键理由
- 四项进展方向积极,尤其越南Lac Da Trang North邻近在产Lac Da Vang基础设施,具备低成本回接潜力,中长期资源叙事正面。
主要风险
- 两处发现仅公布净油层厚度,无可采储量、流量测试或FID时间表,数年内不贡献现金流,最终可能不具经济性。
- Lac Da Vang首油(9月27日)与Chinook #8投产大概率已计入2026年产量指引,无指引上调即无业绩surprise。
反向证据
- 做多前查反向 · 来源 web · 日期 2026-08-05 · 影响 weakens
公司Q2股东更新(8月5日)及既有指引中越南与GoM开发井进度已被跟踪,Chinook #8新闻稿自述与钻前预期一致,Lac Da Vang首油为既定里程碑,短期产量大概率已在指引内,无surprise。
检索:Murphy Oil 2026 production guidance Lac Da Vang Chinook expected already included 原文 ↗
先例如何影响了这次决策
对本次决策的影响:支持回避:不为软催化做多,不提供ENTER腿。
方向:未构建高相似对齐先例面板:海上油气探井发现类8-K对MUR这种56亿美元市值E&P通常为个位数低幅度、易见光死的软催化,且本次无储量数字,不具备用先例定tp/sl的基础。
涨幅量级:无可信同市场同相位首发锚先例量化幅度;自身价格证据(发布日+1.8%、次日盘前+0.8%、量极小)已显示市场定价克制。
形态:公司年内多次发布同类探井发现(1月、6月),属于高频常规运营披露,单次新发现难以形成持续重定价。
工具执行结果 · 成功 4 · 降级 0 · 失败 0 · 取消 0
- search_processed_events 成功 stock_tools HTTP · 11 ms
{"result": "search_processed_events:agent query=`murphy oil bubale west appraisal côte d'ivoire ci-103 | murphy oil chinook #8 online pioneer fpso | murphy oil lac da trang north discovery vietnam first oil lac da vang`;结构化索引覆盖完整 72 小时;旧记录兼容扫描近 0.0/72 小时、0 条本臂决策(完整),返回 0 条候选。未命中只表示这些 agent query 表达式 - stock_quote 成功 stock_tools HTTP · 80 ms
{ - web_search 成功 doubao_search · 1,278 ms
豆包搜索结果(原始查询:Murphy Oil Bubale West appraisal Lac Da Trang discovery Vietnam October 2026;API SearchType:web) - web_search 成功 doubao_search · 1,692 ms
豆包搜索结果(原始查询:Murphy Oil exploration discovery well stock reaction analyst 8-K offshore announcement;API SearchType:web)
原文全文
展开原文 · 17,705 字
----- mur-20261012.htm -----
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported):
October 12, 2026
MURPHY OIL CORPORATION
(Exact name of registrant as specified in its charter)
Delaware
1-8590
71-0361522
(State or other jurisdiction of incorporation)
(Commission File Number)
(I.R.S. Employer Identification No.)
9805 Katy Fwy, Suite G-200
Houston,
Texas
77024
(Address of principal executive offices, including zip code)
(281)
675-9000
Registrant’s telephone number, including area code
Not applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol
Name of each exchange on which registered
Common Stock, $1.00 Par Value
MUR
New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company
☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
☐
Item 7.01. Regulation FD Disclosure.
On October 12, 2026, Murphy Oil Corporation (the “Company”) issued a press release announcing successful appraisal at the Bubale West-1X well offshore Côte d’Ivoire, an exploration discovery at the Lac Da Trang (White Camel) North-1X well offshore Vietnam, first oil from the Lac Da Vang (Golden Camel) field offshore Vietnam, and production from the Chinook #8 development well in the Gulf of America. Attached hereto as Exhibit 99.1 is a copy of the press release issued by the Company relating to these announcements.
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”, “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 and intent to replace or increase reserves, increase production, generate returns and rates of return, replace or increase drilling locations, reduce or otherwise control operating costs and expenditures, generate cash flows, pay down or refinance indebtedness, achieve, reach or otherwise meet initiatives, plans, goals, ambitions or targets with respect to emissions, safety matters or other environmental, social and governance matters, make capital expenditures, pay and/or increase dividends or make share repurchases and other capital allocation decisions are forward-looking statements. Factors that could cause one or more of these future events, results or plans not to occur as implied by any forward-looking statement, which consequently could cause actual results or activities to differ materially from the expectations expressed or implied by such forward-looking statements, include, but are not limited to: macro conditions in the oil and natural gas industry, including supply and demand levels, actions taken by major oil exporters and the resulting impacts on commodity prices; geopolitical concerns (including the current conflict in Iran); increased volatility or deterioration in the success rate of our exploration programs or in our ability to maintain production rates and replace reserves; reduced customer demand for our products due to environmental, regulatory, technological or other reasons; adverse foreign exchange movements; political and regulatory instability in the markets where we do business; the impact on our operations or markets of health pandemics and related government responses; natural hazards impacting our operations or markets; any other deterioration in our business, markets or prospects; cyber attacks and other cybersecurity risks; any failure to obtain necessary regulatory approvals; the impact of current and future laws, rulings and governmental regulations; any inability to service or refinance our outstanding debt or to access debt markets at acceptable prices; or adverse developments in the U.S. or global capital markets, credit markets, banking system or economies in general, including inflation, trade policies, tariffs and other trade restrictions. For further discussion of factors that could cause one or more of these future events or results not to occur as implied by any forward-looking statement, see “Risk Factors” in our most recent Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (“SEC”) and any subsequent Quarterly Report on Form 10-Q or Current Report on Form 8-K that we file, available from the SEC’s website and from the Company’s website at http://ir.murphyoilcorp.com. Investors and others should note that we may announce material information using SEC filings, press releases, public conference calls, webcasts and the
investors page of our website. We may use these channels to distribute material information about the Company; therefore, we encourage investors, the media, business partners and others interested in the Company to review the information we post on our website. The information on our website is not part of, and is not incorporated into, this report. Each forward-looking statement contained in this report speaks only as of the date of this report. Except as required by applicable law, the Company undertakes no duty to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
Item 9.01. Financial Statements and Exhibits
(d)
Exhibits
99.1
Press release of Murphy Oil Corporation dated October 12, 2026.
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.
MURPHY OIL
CORPORATION
Date: October 13, 2026
By:
/s/ Paul D. Vaughan
Paul D. Vaughan
Vice President and Controller
Exhibit Index
Exhibit
No.
99.1
Press release of Murphy Oil Corporation dated October 12, 2026.
104
Cover Page Interactive Data File (embedded within the Inline XBRL document)
----- mur-20261012xexhibit991.htm -----
EX-99.1
2
mur-20261012xexhibit991.htm
EX-99.1
Document
Exhibit 99.1
NEWS RELEASE
MURPHY OIL CORPORATION ANNOUNCES APPRAISAL SUCCESS,
EXPLORATION DISCOVERY AND DEVELOPMENT PROGRESS
HOUSTON, Texas, October 12, 2026 - Murphy Oil Corporation (NYSE: MUR) today announced successful appraisal at the Bubale West-1X well offshore Côte d’Ivoire and an exploration discovery at the Lac Da Trang (White Camel) North-1X well offshore Vietnam. The Company also announced first oil from the Lac Da Vang (Golden Camel) field offshore Vietnam and production from the Chinook #8 development well in the Gulf of America.
“These achievements highlight Murphy’s ability to create value across exploration, appraisal and development,” stated Eric M. Hambly, President and Chief Executive Officer. “Bubale West-1X and Lac Da Trang North-1X further expand our resource potential, while development progress at Lac Da Vang and Chinook #8 demonstrate our ability to efficiently convert resources into production and cash flow. Together, these results strengthen our portfolio and position Murphy to create long-term shareholder value.”
CÔTE D’IVOIRE
The Bubale West-1X well in Block CI-103 offshore Côte d’Ivoire was drilled to a total measured depth of approximately 19,357 feet (5,900 meters) in 9,039 feet (2,755 meters) of water and encountered approximately 88 feet (27 meters) of net oil pay in the Turonian reservoir. Additional hydrocarbons were also encountered in the deeper Albian reservoir.
Preliminary analysis of logs and fluid samples indicates high-quality oil. Information obtained from the well will be integrated with existing subsurface data to optimize the remaining appraisal program at Bubale.
Murphy’s subsidiary, Murphy CI-103 Oil Co., Ltd., holds an 85 percent working interest in Block CI-103 and serves as operator. Société Nationale d’Opérations Pétrolières de la Côte d’Ivoire (PETROCI) holds the remaining 15 percent working interest.
VIETNAM
Murphy achieved first oil from the Lac Da Vang field in Block 15-1/05 offshore Vietnam on September 27, 2026. The development is expected to ramp up through 2028 as additional wells are brought online, with net peak production of approximately 10-15 MBOEPD in 2028-2029.
1
The achievement of first oil represents a major milestone in Murphy’s Vietnam strategy and establishes a new source of production and cash flow from the Company’s offshore portfolio.
Murphy also announced a successful exploration result at the Lac Da Trang North-1X well in Block 15-1/05, which encountered 131 feet (40 meters) of net oil pay. The well was drilled to a total measured depth of approximately 12,579 feet (3,834 meters) in 147 feet (45 meters) of water.
The Company and its partners will evaluate the Lac Da Trang North-1X data and assess potential appraisal and development options. Importantly, the now-producing Lac Da Vang asset provides nearby infrastructure for a potential tieback of the Lac Da Trang North discovery, creating a pathway to a capital-efficient, shorter-cycle development.
Murphy’s subsidiary, Murphy Cuu Long Bac Oil Co., Ltd., serves as the operator of Block 15-1/05, holding a 40 percent working interest. PetroVietnam Exploration Production Corporation Ltd. holds a 35 percent working interest and SK Earthon Co. Ltd. holds the remaining 25 percent.
GULF OF AMERICA
The Chinook #8 development well in Walker Ridge Block 425 is now online and producing through the Pioneer floating production, storage and offloading vessel (FPSO) in the Cascade-Chinook field. Consistent with pre-drill expectations, the well achieved an initial gross production rate of approximately 15 MBOEPD.
Murphy, through its subsidiaries, holds an 86.7 percent working interest in Chinook #8. Petrobras America Inc. holds the remaining 13.3 percent through its ownership interest in MP GOM.
ABOUT MURPHY OIL CORPORATION
Murphy Oil Corporation is an independent oil and natural gas company with a multi-basin onshore and offshore portfolio and significant exploration opportunities. The Company has more than a century-long history of demonstrating strong execution and innovative, full-cycle development capabilities with a focus on value creation that drives shareholder returns. Murphy’s foresight and financial discipline, along with its culture of adaptability and accountability, will allow the Company to continue its outstanding legacy and exceptional reputation. The Company’s current operations include extensive inventory located onshore in the Eagle Ford Shale, Tupper Montney and Kaybob Duvernay, as well as offshore in the Gulf of America and Canada. Murphy also strives to create long-term shareholder value through offshore exploration and development in the Gulf of America, Vietnam and Côte d’Ivoire. Additional information can be found on the Company’s website at www.murphyoilcorp.com.
2
FORWARD-LOOKING STATEMENTS
This news release 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”, “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 and intent to replace or increase reserves, increase production, generate returns and rates of return, replace or increase drilling locations, reduce or otherwise control operating costs and expenditures, generate cash flows, pay down or refinance indebtedness, achieve, reach or otherwise meet initiatives, plans, goals, ambitions or targets with respect to emissions, safety matters or other environmental, social and governance matters, make capital expenditures, pay and/or increase dividends or make share repurchases and other capital allocation decisions are forward-looking statements. Factors that could cause one or more of these future events, results or plans not to occur as implied by any forward-looking statement, which consequently could cause actual results or activities to differ materially from the expectations expressed or implied by such forward-looking statements, include, but are not limited to: macro conditions in the oil and natural gas industry, including supply and demand levels, actions taken by major oil exporters and the resulting impacts on commodity prices; geopolitical concerns (including the current conflict in Iran); increased volatility or deterioration in the success rate of our exploration programs or in our ability to maintain production rates and replace reserves; reduced customer demand for our products due to environmental, regulatory, technological or other reasons; adverse foreign exchange movements; political and regulatory instability in the markets where we do business; the impact on our operations or markets of health pandemics and related government responses; natural hazards impacting our operations or markets; any other deterioration in our business, markets or prospects; cyber attacks and other cybersecurity risks; any failure to obtain necessary regulatory approvals; the impact of current and future laws, rulings and governmental regulations; any inability to service or refinance our outstanding debt or to access debt markets at acceptable prices; or adverse developments in the U.S. or global capital markets, credit markets, banking system or economies in general, including inflation, trade policies, tariffs and other trade restrictions. For further discussion of factors that could cause one or more of these future events or results not to occur as implied by any forward-looking statement, see “Risk Factors” in our most recent Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (SEC) and any subsequent Quarterly Report on Form 10-Q or Current Report on Form 8-K that we file, available from the SEC’s website and from Murphy Oil Corporation’s website at http://ir.murphyoilcorp.com. Investors and others should note that we may announce
3
material information using SEC filings, press releases, public conference calls, webcasts and the investors page of our website. We may use these channels to distribute material information about the Company; therefore, we encourage investors, the media, business partners and others interested in the Company to review the information we post on our website. The information on our website is not part of, and is not incorporated into, this news release. Each forward-looking statement contained in this news release speaks only as of the date of this news release. Except as required by applicable law, Murphy Oil Corporation undertakes no duty to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
Investor Contacts:
InvestorRelations@murphyoilcorp.com
Atif Riaz, 281-675-9358
Beth Heller, 281-675-9363
4
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported):
October 12, 2026
MURPHY OIL CORPORATION
(Exact name of registrant as specified in its charter)
Delaware
1-8590
71-0361522
(State or other jurisdiction of incorporation)
(Commission File Number)
(I.R.S. Employer Identification No.)
9805 Katy Fwy, Suite G-200
Houston,
Texas
77024
(Address of principal executive offices, including zip code)
(281)
675-9000
Registrant’s telephone number, including area code
Not applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol
Name of each exchange on which registered
Common Stock, $1.00 Par Value
MUR
New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company
☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
☐
Item 7.01. Regulation FD Disclosure.
On October 12, 2026, Murphy Oil Corporation (the “Company”) issued a press release announcing successful appraisal at the Bubale West-1X well offshore Côte d’Ivoire, an exploration discovery at the Lac Da Trang (White Camel) North-1X well offshore Vietnam, first oil from the Lac Da Vang (Golden Camel) field offshore Vietnam, and production from the Chinook #8 development well in the Gulf of America. Attached hereto as Exhibit 99.1 is a copy of the press release issued by the Company relating to these announcements.
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”, “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 and intent to replace or increase reserves, increase production, generate returns and rates of return, replace or increase drilling locations, reduce or otherwise control operating costs and expenditures, generate cash flows, pay down or refinance indebtedness, achieve, reach or otherwise meet initiatives, plans, goals, ambitions or targets with respect to emissions, safety matters or other environmental, social and governance matters, make capital expenditures, pay and/or increase dividends or make share repurchases and other capital allocation decisions are forward-looking statements. Factors that could cause one or more of these future events, results or plans not to occur as implied by any forward-looking statement, which consequently could cause actual results or activities to differ materially from the expectations expressed or implied by such forward-looking statements, include, but are not limited to: macro conditions in the oil and natural gas industry, including supply and demand levels, actions taken by major oil exporters and the resulting impacts on commodity prices; geopolitical concerns (including the current conflict in Iran); increased volatility or deterioration in the success rate of our exploration programs or in our ability to maintain production rates and replace reserves; reduced customer demand for our products due to environmental, regulatory, technological or other reasons; adverse foreign exchange movements; political and regulatory instability in the markets where we do business; the impact on our operations or markets of health pandemics and related government responses; natural hazards impacting our operations or markets; any other deterioration in our business, markets or prospects; cyber attacks and other cybersecurity risks; any failure to obtain necessary regulatory approvals; the impact of current and future laws, rulings and governmental regulations; any inability to service or refinance our outstanding debt or to access debt markets at acceptable prices; or adverse developments in the U.S. or global capital markets, credit markets, banking system or economies in general, including inflation, trade policies, tariffs and other trade restrictions. For further discussion of factors that could cause one or more of these future events or results not to occur as implied by any forward-looking statement, see “Risk Factors” in our most recent Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (“SEC”) and any subsequent Quarterly Report on Form 10-Q or Current Report on Form 8-K that we file, available from the SEC’s website and from the Company’s website at http://ir.murphyoilcorp.com. Investors and others should note that we may announce material information using SEC filings, press releases, public conference calls, webcasts and the
investors page of our website. We may use these channels to distribute material information about the Company; therefore, we encourage investors, the media, business partners and others interested in the Company to review the information we post on our website. The information on our website is not part of, and is not incorporated into, this report. Each forward-looking statement contained in this report speaks only as of the date of this report. Except as required by applicable law, the Company undertakes no duty to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
Item 9.01. Financial Statements and Exhibits
(d)
Exhibits
99.1
Press release of Murphy Oil Corporation dated October 12, 2026.
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.
MURPHY OIL
CORPORATION
Date: October 13, 2026
By:
/s/ Paul D. Vaughan
Paul D. Vaughan
Vice President and Controller
Exhibit Index
Exhibit
No.
99.1
Press release of Murphy Oil Corporation dated October 12, 2026.
104
Cover Page Interactive Data File (embedded within the Inline XBRL document)
----- mur-20261012xexhibit991.htm -----
EX-99.1
2
mur-20261012xexhibit991.htm
EX-99.1
Document
Exhibit 99.1
NEWS RELEASE
MURPHY OIL CORPORATION ANNOUNCES APPRAISAL SUCCESS,
EXPLORATION DISCOVERY AND DEVELOPMENT PROGRESS
HOUSTON, Texas, October 12, 2026 - Murphy Oil Corporation (NYSE: MUR) today announced successful appraisal at the Bubale West-1X well offshore Côte d’Ivoire and an exploration discovery at the Lac Da Trang (White Camel) North-1X well offshore Vietnam. The Company also announced first oil from the Lac Da Vang (Golden Camel) field offshore Vietnam and production from the Chinook #8 development well in the Gulf of America.
“These achievements highlight Murphy’s ability to create value across exploration, appraisal and development,” stated Eric M. Hambly, President and Chief Executive Officer. “Bubale West-1X and Lac Da Trang North-1X further expand our resource potential, while development progress at Lac Da Vang and Chinook #8 demonstrate our ability to efficiently convert resources into production and cash flow. Together, these results strengthen our portfolio and position Murphy to create long-term shareholder value.”
CÔTE D’IVOIRE
The Bubale West-1X well in Block CI-103 offshore Côte d’Ivoire was drilled to a total measured depth of approximately 19,357 feet (5,900 meters) in 9,039 feet (2,755 meters) of water and encountered approximately 88 feet (27 meters) of net oil pay in the Turonian reservoir. Additional hydrocarbons were also encountered in the deeper Albian reservoir.
Preliminary analysis of logs and fluid samples indicates high-quality oil. Information obtained from the well will be integrated with existing subsurface data to optimize the remaining appraisal program at Bubale.
Murphy’s subsidiary, Murphy CI-103 Oil Co., Ltd., holds an 85 percent working interest in Block CI-103 and serves as operator. Société Nationale d’Opérations Pétrolières de la Côte d’Ivoire (PETROCI) holds the remaining 15 percent working interest.
VIETNAM
Murphy achieved first oil from the Lac Da Vang field in Block 15-1/05 offshore Vietnam on September 27, 2026. The development is expected to ramp up through 2028 as additional wells are brought online, with net peak production of approximately 10-15 MBOEPD in 2028-2029.
1
The achievement of first oil represents a major milestone in Murphy’s Vietnam strategy and establishes a new source of production and cash flow from the Company’s offshore portfolio.
Murphy also announced a successful exploration result at the Lac Da Trang North-1X well in Block 15-1/05, which encountered 131 feet (40 meters) of net oil pay. The well was drilled to a total measured depth of approximately 12,579 feet (3,834 meters) in 147 feet (45 meters) of water.
The Company and its partners will evaluate the Lac Da Trang North-1X data and assess potential appraisal and development options. Importantly, the now-producing Lac Da Vang asset provides nearby infrastructure for a potential tieback of the Lac Da Trang North discovery, creating a pathway to a capital-efficient, shorter-cycle development.
Murphy’s subsidiary, Murphy Cuu Long Bac Oil Co., Ltd., serves as the operator of Block 15-1/05, holding a 40 percent working interest. PetroVietnam Exploration Production Corporation Ltd. holds a 35 percent working interest and SK Earthon Co. Ltd. holds the remaining 25 percent.
GULF OF AMERICA
The Chinook #8 development well in Walker Ridge Block 425 is now online and producing through the Pioneer floating production, storage and offloading vessel (FPSO) in the Cascade-Chinook field. Consistent with pre-drill expectations, the well achieved an initial gross production rate of approximately 15 MBOEPD.
Murphy, through its subsidiaries, holds an 86.7 percent working interest in Chinook #8. Petrobras America Inc. holds the remaining 13.3 percent through its ownership interest in MP GOM.
ABOUT MURPHY OIL CORPORATION
Murphy Oil Corporation is an independent oil and natural gas company with a multi-basin onshore and offshore portfolio and significant exploration opportunities. The Company has more than a century-long history of demonstrating strong execution and innovative, full-cycle development capabilities with a focus on value creation that drives shareholder returns. Murphy’s foresight and financial discipline, along with its culture of adaptability and accountability, will allow the Company to continue its outstanding legacy and exceptional reputation. The Company’s current operations include extensive inventory located onshore in the Eagle Ford Shale, Tupper Montney and Kaybob Duvernay, as well as offshore in the Gulf of America and Canada. Murphy also strives to create long-term shareholder value through offshore exploration and development in the Gulf of America, Vietnam and Côte d’Ivoire. Additional information can be found on the Company’s website at www.murphyoilcorp.com.
2
FORWARD-LOOKING STATEMENTS
This news release 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”, “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 and intent to replace or increase reserves, increase production, generate returns and rates of return, replace or increase drilling locations, reduce or otherwise control operating costs and expenditures, generate cash flows, pay down or refinance indebtedness, achieve, reach or otherwise meet initiatives, plans, goals, ambitions or targets with respect to emissions, safety matters or other environmental, social and governance matters, make capital expenditures, pay and/or increase dividends or make share repurchases and other capital allocation decisions are forward-looking statements. Factors that could cause one or more of these future events, results or plans not to occur as implied by any forward-looking statement, which consequently could cause actual results or activities to differ materially from the expectations expressed or implied by such forward-looking statements, include, but are not limited to: macro conditions in the oil and natural gas industry, including supply and demand levels, actions taken by major oil exporters and the resulting impacts on commodity prices; geopolitical concerns (including the current conflict in Iran); increased volatility or deterioration in the success rate of our exploration programs or in our ability to maintain production rates and replace reserves; reduced customer demand for our products due to environmental, regulatory, technological or other reasons; adverse foreign exchange movements; political and regulatory instability in the markets where we do business; the impact on our operations or markets of health pandemics and related government responses; natural hazards impacting our operations or markets; any other deterioration in our business, markets or prospects; cyber attacks and other cybersecurity risks; any failure to obtain necessary regulatory approvals; the impact of current and future laws, rulings and governmental regulations; any inability to service or refinance our outstanding debt or to access debt markets at acceptable prices; or adverse developments in the U.S. or global capital markets, credit markets, banking system or economies in general, including inflation, trade policies, tariffs and other trade restrictions. For further discussion of factors that could cause one or more of these future events or results not to occur as implied by any forward-looking statement, see “Risk Factors” in our most recent Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (SEC) and any subsequent Quarterly Report on Form 10-Q or Current Report on Form 8-K that we file, available from the SEC’s website and from Murphy Oil Corporation’s website at http://ir.murphyoilcorp.com. Investors and others should note that we may announce
3
material information using SEC filings, press releases, public conference calls, webcasts and the investors page of our website. We may use these channels to distribute material information about the Company; therefore, we encourage investors, the media, business partners and others interested in the Company to review the information we post on our website. The information on our website is not part of, and is not incorporated into, this news release. Each forward-looking statement contained in this news release speaks only as of the date of this news release. Except as required by applicable law, Murphy Oil Corporation undertakes no duty to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
Investor Contacts:
InvestorRelations@murphyoilcorp.com
Atif Riaz, 281-675-9358
Beth Heller, 281-675-9363
4
决策记录链 · 只追加
每次领取产生一条记录,重新决策追加一条并以 supersedes 指向被替代的记录(ADR 0014)。
243409cdaa· 2026-10-13 18:27 · doubao / doubao-seed-evolving-latest-version · 策略包2226518bfdee当前