Murphy Oil Corporation (MUR): ANSOFF MATRIX ANÁLISE [JAN-2025 Atualizada]

No cenário dinâmico da transformação de energia, a Murphy Oil Corporation surge como uma potência estratégica, navegando na interseção complexa da experiência tradicional de petróleo e soluções sustentáveis ​​inovadoras. Ao mapear meticulosamente sua matriz Ansoff, a empresa revela uma abordagem ousada e multifacetada para o crescimento que transcende os limites da indústria convencional. Desde a otimização da eficiência da perfuração offshore até as tecnologias pioneiras em energia limpa, o petróleo Murphy demonstra uma visão convincente de adaptabilidade e planejamento estratégico com visão de futuro que promete redefinir a futura trajetória do setor de energia.

Murphy Oil Corporation (MUR) - ANSOFF MATRIX: Penetração de mercado

Aumentar a eficiência da perfuração nas regiões de produção offshore do Golfo do México existentes

A Murphy Oil Corporation reportou a produção líquida do Golfo do México 2022 de 98.000 barris de petróleo equivalente por dia (BOEPD). A empresa investiu US $ 436 milhões em gastos com capital de exploração e produção, direcionando especificamente as melhorias na eficiência da região do Golfo.

Métrica de perfuração	2022 Performance
Produção do Golfo do México	98.000 boepd
Gasto de capital	US $ 436 milhões
Taxa de sucesso da perfuração	76%

Otimize os custos operacionais nos territórios atuais de exploração e produção

O óleo de Murphy alcançou reduções de custos operacionais de 12% em 2022, reduzindo as despesas de produção por barril de US $ 14,50 para US $ 12,76.

• Economia total de custos operacionais: US $ 78,3 milhões
• Custo médio de produção por barril: US $ 12,76
• Melhoria da eficiência operacional: 15,3%

Expanda os esforços de marketing para capturar participação de mercado adicional nos mercados de energia existentes

A receita de 2022 da Murphy Oil atingiu US $ 3,8 bilhões, com um aumento de 22% na participação de mercado nos mercados domésticos de petróleo.

Métrica de desempenho do mercado	2022 Valor
Receita total	US $ 3,8 bilhões
Crescimento de participação de mercado	22%
Vendas domésticas de energia	US $ 2,1 bilhões

Aprimore as tecnologias digitais para melhorar o desempenho da exploração e produção

A Murphy Oil investiu US $ 54 milhões em tecnologias de transformação digital, alcançando uma melhoria de 17% na eficiência da análise de dados de exploração.

• Investimento de tecnologia digital: US $ 54 milhões
• Análise de dados Melhoria da eficiência: 17%
• Precisão de manutenção preditiva: 89%

Implementar técnicas avançadas de gerenciamento de reservatórios nas zonas operacionais atuais

As técnicas avançadas de gerenciamento de reservatórios permitiram ao óleo de Murphy aumentar as taxas de recuperação de reserva em 8,6% nos territórios operacionais existentes.

Métrica de gerenciamento de reservatórios	2022 Performance
Melhoria da taxa de recuperação de reserva	8.6%
Investimento de otimização do reservatório	US $ 92 milhões
Ganho de eficiência de produção	11.2%

Murphy Oil Corporation (MUR) - Ansoff Matrix: Desenvolvimento de Mercado

Explore oportunidades emergentes de xisto em terra em regiões inexploradas nos EUA

A Murphy Oil Corporation identificou as principais oportunidades de xisto na formação de Bakken, com a produção atual de 62.000 barris de petróleo equivalente por dia (BOE/D) em Dakota do Norte a partir do quarto trimestre 2022.

Região de xisto	Cultura estimada	Potencial de produção (BOE/D)
Bakken, Dakota do Norte	42.000 acres líquidos	62,000
Eagle Ford, Texas	33.000 acres líquidos	48,000

Expandir parcerias internacionais de exploração em locais geográficos estratégicos

A Murphy Oil possui parcerias ativas de exploração internacional com US $ 325 milhões alocados para exploração internacional em 2023.

• Malásia: 50% de participação no Bloco G no mar
• México: participando da exploração do Golfo do México em águas profundas do México
• Canadá: Mantendo ativos de exploração na Terra Nova Offshore

Targente novos mercados internacionais com petróleo bruto e experiência em gás natural

Mercado	Investimento	Volume de produção
Malásia	US $ 215 milhões	45.000 BOE/D.
Canadá	US $ 180 milhões	35.000 boe/d

Desenvolva joint ventures estratégicos em regiões com ambientes regulatórios favoráveis

A Murphy Oil estabeleceu joint ventures com a Total Partnership Investments de US $ 475 milhões em 2022.

• Parceria estratégica com a Petrobras no Brasil
• Contrato de exploração colaborativa no Golfo do México
• Joint venture com companhia nacional nacional da Malásia

Invista em mercados de energia emergentes com alto potencial de crescimento

Mercado emergente	Valor do investimento	Crescimento projetado
México em águas profundas	US $ 250 milhões	15% de crescimento anual
Sudeste Asiático Offshore	US $ 200 milhões	12% de crescimento anual

Murphy Oil Corporation (MUR) - ANSOFF MATRIX: Desenvolvimento de produtos

Desenvolver tecnologias avançadas de captura e armazenamento de carbono

A Murphy Oil investiu US $ 42,7 milhões em pesquisa e desenvolvimento de captura de carbono em 2022. A capacidade de captura de carbono da empresa atingiu 0,5 milhão de toneladas por ano até o quarto trimestre de 2022.

Investimento em tecnologia	Capacidade de captura de carbono	Despesas anuais de P&D
US $ 42,7 milhões	0,5 milhão de toneladas	US $ 87,3 milhões

Invista em infraestrutura de energia renovável

O óleo de Murphy alocou US $ 215 milhões para a infraestrutura de energia renovável em 2022. Os projetos eólicos e solares compreendiam 18% de seu portfólio total de energia.

• Investimento de energia renovável: US $ 215 milhões
• Porcentagem de portfólio renovável: 18%
• Capacidade renovável projetada até 2025: 250 MW

Crie plataformas digitais inovadoras

Os investimentos em transformação digital atingiram US $ 63,4 milhões em 2022. As tecnologias de exploração implementadas implementadas por IA reduziram os custos operacionais em 12%.

Investimento digital	Redução de custos	Eficiência tecnológica
US $ 63,4 milhões	12%	87% de otimização operacional

Pesquise e desenvolva soluções de transição de energia de baixo carbono

Murphy Oil comprometeu US $ 129,6 milhões a pesquisas de energia de baixo carbono em 2022. Projetos de hidrogênio e biocombustível representaram 22% de sua estratégia de transição.

• Investimento de pesquisa de baixo carbono: US $ 129,6 milhões
• Alocação de estratégia de transição: 22%
• Redução de emissões projetadas: 35% até 2030

Melhorar as capacidades tecnológicas para extração de energia não convencional

Os investimentos tecnológicos em métodos de extração não convencional totalizaram US $ 97,5 milhões em 2022. A eficiência de extração aumentada melhorou em 16%.

Investimento em tecnologia de extração	Melhoria de eficiência	Custo por redução de barril
US $ 97,5 milhões	16%	US $ 3,20 por barril

Murphy Oil Corporation (MUR) - ANSOFF MATRIX: Diversificação

Invista em tecnologias emergentes de energia limpa

A Murphy Oil Corporation alocou US $ 127 milhões em investimentos em energia limpa em 2022. A empresa direcionou tecnologias solares e eólicas com foco específico na redução de emissões de carbono em 35% até 2030.

Categoria de investimento	Valor de alocação	Redução de alvo
Tecnologias solares	US $ 62 milhões	18% de redução de carbono
Energia eólica	US $ 65 milhões	17% de redução de carbono

Explore potenciais aquisições estratégicas em setores de energia renovável

Murphy Oil identificou possíveis metas de aquisição de energia renovável com um valor total de mercado de US $ 456 milhões em 2022.

• Orçamento de aquisição de energia renovável: US $ 250 milhões
• Empresas-alvo: 3 empresas de energia renovável de médio porte
• ROI projetado: 12-15% anualmente

Desenvolva recursos de produção e distribuição de hidrogênio

O Murphy Oil comprometeu US $ 95 milhões ao desenvolvimento da infraestrutura de hidrogênio em 2022.

Capacidade de produção de hidrogênio	Investimento	Saída esperada
Hidrogênio azul	US $ 55 milhões	50.000 toneladas métricas/ano
Hidrogênio verde	US $ 40 milhões	35.000 toneladas métricas/ano

Crie soluções de energia integrada

A Murphy Oil desenvolveu soluções de energia integrada com um investimento de US $ 178 milhões em 2022.

• Integração de energia tradicional: 65% do portfólio
• Integração de energia alternativa: 35% do portfólio
• Investimento total em soluções integradas: US $ 178 milhões

Estabelecer centros de inovação em tecnologia

A Murphy Oil investiu US $ 42 milhões em centros de inovação tecnológica focados em futuras transformações de energia.

Localização do centro de inovação	Área de foco	Investimento
Houston, Texas	Tecnologias de captura de carbono	US $ 18 milhões
Denver, Colorado	Pesquisa de energia renovável	US $ 24 milhões

Murphy Oil Corporation (MUR) - Ansoff Matrix: Market Penetration

You're looking at how Murphy Oil Corporation is squeezing more output from the assets it already owns, which is the heart of Market Penetration. This means drilling more efficiently, optimizing existing wells, and driving down the cost to lift every barrel.

For the Eagle Ford Shale, Murphy Oil Corporation is definitely increasing drilling activity as planned for 2025. The company allocated approximately $360 million of its 2025 Capital Expenditure (CAPEX) budget to this area. This spend is targeted to drill 34 and bring online 35 operated wells, alongside drilling 24 and bringing online 28 non-operated wells. You saw the results of this focus; Q2 2025 production there hit 39,000 BOEPD, up from 25,400 BOEPD in Q1 2025. The focus on completions design is paying off, with new Catarina wells showing an average break-even oil price of $36 per barrel WTI, some as low as $22 per barrel WTI.

In the Tupper Montney, the goal is optimizing well spacing and completions to boost recovery. Murphy Oil Corporation spent about $65 million of its 2025 CAPEX here, planning to drill 8 and bring online 10 operated wells. Production from the onshore Canada segment, which includes Tupper Montney, was strong, hitting 79,000 BOEPD in Q2 2025. Specifically, Q2 2025 production at Tupper Montney averaged 447 million cubic feet per day (MMCFD), or 74.7 MBOEPD. This was an improvement from Q1 2025 production of 340 MMCFD, or 57 MBOEPD.

To accelerate tie-backs and infill drilling in mature Gulf of Mexico fields, Murphy Oil Corporation has allocated approximately $410 million of its 2025 CAPEX to the region for development drilling and field development projects. This is a significant portion of the total 2025 guidance, which sits between $1,135 million and $1,285 million. The offshore segment delivered 72,000 BOEPD in Q2 2025. The company also sanctioned the non-operated Zephyrus development project in the Gulf of Mexico in 2024, targeting first oil in the second half of 2025.

Reducing operating expenses per barrel of oil equivalent (BOE) directly improves netback pricing, and you can see the tangible results of this focus. Operating expenses improved from $11.80 per BOE in Q2 2025 down to $9.39 per BOE in Q3 2025. That's a 20 percent reduction quarter-over-quarter. This cost discipline helps offset realized price fluctuations, which is key when negotiating sales terms.

Here's a look at how realized pricing, which reflects contract outcomes, has trended across the first three quarters of 2025, juxtaposed with the falling operating cost structure. This shows the direct financial impact of your penetration strategy.

Metric	Q1 2025	Q2 2025	Q3 2025
Realized Oil Price (per BBL)	$72.20	$64.31	$66.18
Realized Natural Gas Price (per MCF)	$2.67	$1.88	$1.50
Operating Expense (per BOE)	Below $13.74 (Implied)	$11.80	$9.39

The realized natural gas price dropped significantly to $1.50 per MCF in Q3 2025, largely due to weak AECO prices, but natural gas was only 47 percent of the production mix that quarter. The oil-weighted portfolio helped cushion this, with oil production hitting 94.1 thousand barrels of oil per day (MBOPD) in Q3 2025.

The focus on operational efficiency is also reflected in the capital deployment strategy, which is flexible. Murphy Oil Corporation is targeting low, single-digit production growth for the full year 2025. The company returned over $190 million to shareholders in the first half of 2025 through dividends and buybacks.

• Drill 34 operated wells in Eagle Ford Shale in 2025.
• Allocate $410 million in 2025 CAPEX to Gulf of Mexico development.
• Achieve OpEx below $10 per BOE in the second half of 2025 (guidance).
• Targeting long-term debt of $1.0 billion.
• Full year 2025 production guidance midpoint is 178.5 MBOEPD.

Finance: draft 13-week cash view by Friday.

Murphy Oil Corporation (MUR) - Ansoff Matrix: Market Development

You're looking at where Murphy Oil Corporation can take its existing products-crude oil and natural gas-and sell them into new geographic markets. This is about expanding the sales footprint, not reinventing the wellhead. Based on recent performance, like the $317 million EBITDA in Q1 2025 and the $390.6 million Adjusted EBITDA in Q3 2025, the company has the financial footing to pursue these external growth vectors.

Expand deepwater exploration into new, proven basins in the Western Gulf of Mexico or Brazil.

Murphy Oil Corporation has a competitive advantage in deepwater execution in the Gulf of Mexico, where it allocated approximately $410 million of its 2025 Capital Expenditure (CAPEX) to operated and non-operated development drilling and field development projects. While the company has existing interests, expanding into new, proven Western Gulf of Mexico areas leverages this core competency. The acquisition of the Pioneer FPSO in Q1 2025, which cost $104 million in net acquisition CAPEX, is directly tied to enhancing the economics of existing Gulf of Mexico assets like the Chinook field, where a high-rate development well, expected to produce on the order of 15,000 barrels a day, is planned for the 2026 budget. The company also holds undeveloped reserves in the deepwater Gulf of Mexico. Data from a 2018 joint venture with Petrobras shows a history of developing deepwater assets in this region.

Bid on new exploration blocks in established international regions where Murphy Oil Corporation has prior experience, like Southeast Asia.

Southeast Asia, specifically Vietnam in the Cuu Long Basin, is a key area for Murphy Oil Corporation's exploration efforts. The company is actively developing discoveries there, with first oil targeted for the late in the decade for the Hai Su Vang and Lac Da Hong fields. In Q1 2025, the Lac Da Hong-1X well encountered 106 feet of net oil pay, with a preliminary mean-to-upward gross resource potential estimated at 30-60 million barrels of oil equivalent (mmboe), achieving a maximum flow rate of 2,500 barrels of oil per day (bopd) during testing. For 2025, Murphy allocated approximately $115 million to Vietnam and other offshore operations, which included $90 million designated for Lac Da Vang field development activities. Murphy operates these blocks with a 40 percent working interest, partnering with PetroVietnam Exploration Production (35%) and SK Earthon (25%).

Target new downstream buyers in different geographic regions, such as European refineries, for existing crude streams.

Murphy Oil Corporation has existing downstream exposure in Europe through its wholly owned U.K. subsidiary, Murco Petroleum Limited, which has an effective 30-percent interest in a 108,000-barrel-a-day refinery at Milford Haven, Wales. Market development here means increasing crude stream sales to this facility or securing new contracts with other European refineries. The company's overall production mix in Q3 2025 was 200,383 BOEPD net, with oil production at 94,067 BOPD net. While the search didn't yield specific 2025 crude sales contracts to new European buyers, the existing infrastructure is a clear entry point. For context on the target market, European LNG imports fell year-on-year in 2024 to 100.07 MT.

Form joint ventures with national oil companies (NOCs) to enter new, low-risk onshore markets.

The existing partnership structure in Vietnam with PetroVietnam Exploration Production Corporation Ltd. (an NOC arm) serves as a model for entering other low-risk onshore markets via joint ventures. While specific new NOC onshore joint ventures weren't detailed for 2025, the company's Q3 2025 production was supported by onshore operations, including the Eagle Ford Shale. The company brought online 10 wells in the Eagle Ford Shale in Q2 2025. The full year 2025 CAPEX guidance included an allocation of approximately $360 million to the Eagle Ford Shale for drilling and development. This demonstrates a proven model for capital deployment in established, lower-risk onshore plays.

Utilize existing infrastructure to export natural gas to new LNG markets in Asia or Europe.

Murphy Oil Corporation manages natural gas production, evidenced by its hedging activity in Q1 2025, where it held NYMEX natural gas swaps for 60 MMCFD of Q3 2025 production at an average price of $3.65 per thousand cubic feet (MCF). To target new LNG markets, the company would need to leverage existing or contracted liquefaction capacity. In Q1 2025, the company's total production guidance was 174.5 to 182.5 MBOEPD, consisting of 50 percent oil and 55 percent liquids volumes (note: the percentages sum to over 100% due to how oil and liquids volumes are reported relative to total BOEPD). The Asian LNG market showed strong demand, with imports jumping to 26 Mt in August 2025, while the Northeast Asia (NEA) spot LNG price averaged $11.52/MMBtu in August 2025. This provides a clear pull for any incremental gas supply Murphy Oil could bring to market via existing or new LNG export channels.

Here's a look at the capital allocation and operational highlights supporting these Market Development thrusts:

Metric	Value/Amount	Period/Context
Total 2025 Accrued CAPEX Guidance Midpoint	$1,210 million	Full Year 2025
2025 CAPEX Allocated to Gulf of Mexico	Approx. $410 million	2025 Guidance
2025 CAPEX Allocated to Vietnam/Offshore Asia	Approx. $115 million	2025 Guidance
Q1 2025 Net Income Attributable to Murphy	$73 million	Q1 2025
Q3 2025 Net Production	200,383 BOEPD	Q3 2025
Q3 2025 Lease Operating Expense	$11.80/BOE	Q3 2025
Q1 2025 Liquidity	$1.5 billion	March 31, 2025
Lac Da Hong Gross Resource Potential (Mean-to-Upward)	30-60 mmboe	Vietnam Discovery

The company's focus on capital efficiency is evident, with Lease Operating Expense holding steady at $11.8/BOE in both Q2 and Q3 2025, and Free Cash Flow generation of $218.8 million in Q3 2025, which helps fund these market expansion efforts.

You should review the planned 2026 budget for the Chinook development well, as that will be a key metric for the Western Gulf of Mexico expansion. Finance: draft 13-week cash view by Friday.

Murphy Oil Corporation (MUR) - Ansoff Matrix: Product Development

You're looking at how Murphy Oil Corporation (MUR) can grow by introducing new products or significantly improving existing ones, which is the Product Development quadrant of the Ansoff Matrix. This isn't about finding new places to sell the same oil; it's about making the oil, gas, or energy we produce better, cleaner, or more valuable through technology and processing.

For the onshore assets, the focus on enhanced oil recovery (EOR) technologies, like $\text{CO}_2$ injection, is a product development play on existing reserves. While specific EOR capital allocation isn't itemized, the overall commitment to the US Onshore, which includes the Eagle Ford Shale, is significant. In 2025, Murphy Oil Corporation plans to spend approximately \$360 million of its total \$1,135 million to \$1,285 million accrued CAPEX on the Eagle Ford Shale alone. This investment supports a program to bring online 35 operated wells and 28 non-operated wells in that area.

The success in developing more efficient production methods in the Eagle Ford Shale provides a tangible metric for process development success. In the first half of 2025, operating costs in the Eagle Ford Shale asset were down \$12 million or 18% compared to the first half of 2024, with unit operating costs per BOE down 30%. Furthermore, year-to-date 2025 efficiency gains include an 8% reduction in drilling cost per foot and a 9% reduction in completion cost per lateral foot compared to 2024.

Developing lower-carbon intensity crude oil production methods aligns with Murphy Oil Corporation's stated environmental goals. The company has a stated goal for a 15%-20% reduction in GHG emissions intensity by 2030 compared to 2019 levels. They are also on track to achieve ZERO routine flaring by 2030, having already achieved a 50% reduction in routine flaring volumes since 2019. These intensity metrics reflect the development of cleaner production processes.

Regarding geothermal energy extraction using existing wellbores, specific pilot project spending is not detailed in the latest guidance. However, the company's overall capital allocation shows a clear focus on development projects across its portfolio, with approximately \$140 million allocated to Canada onshore and \$410 million to the Gulf of Mexico for 2025 CAPEX.

The introduction of specialized, high-quality condensate products from the Eagle Ford to niche chemical markets is supported by the asset's strong performance. In Q1 2025, the Eagle Ford Shale asset produced 25,000 barrels of oil equivalent per day (BOEPD). The focus on maximizing oil volumes, as seen by the 69% oil volumes in Q4 2024 EFS production, suggests a focus on higher-value liquids streams that could feed specialized markets.

Focusing on developing natural gas liquids (NGLs) processing and marketing capabilities is implied by the significant gas production in Canada onshore. In Q2 2024, Tupper Montney natural gas production averaged 400 million cubic feet per day (MMCFD). Murphy Oil Corporation maintains fixed price forward sales contracts in Canada to mitigate volatility in AECO prices, indicating active marketing of their gas and associated NGLs volumes.

Here's a look at the capital allocation supporting these development areas in 2025:

Area of Focus/Development	Allocated 2025 Accrual CAPEX (Approximate)	Relevant Production Metric (Latest Available)
Eagle Ford Shale (US Onshore)	\$360 million	25,000 BOEPD (Q1 2025)
Canada Onshore (Tupper Montney/Kaybob)	\$140 million	Tupper Montney averaged 447 MMCFD (Q2 2025)
Gulf of Mexico (Offshore Development)	\$410 million	GoM production was 74 MBOEPD (Q2 2024)
Total 2025 Accrual CAPEX Guidance (Midpoint)	~\$1,210 million	Full Year 2025 Production Guidance (Midpoint): ~178.5 MBOEPD

The commitment to operational excellence is also reflected in the balance sheet strength, which provides the financial foundation for these product development initiatives. As of the end of 2024, Murphy Oil Corporation's net debt was approximately \$850 million, resulting in a strong net debt to total capital ratio of only 13%.

The company is actively returning capital to shareholders, which influences the capital available for new product development. During the first three quarters of 2025, \$139.8 million was distributed in dividends, and \$100.0 million was used for stock repurchases.

Key product development initiatives and associated metrics include:

• Invest in enhanced oil recovery (EOR) technologies for mature onshore assets.
• Develop lower-carbon intensity crude oil production methods.
• Pilot projects for geothermal energy extraction using existing wellbores.
• Introduce specialized, high-quality condensate products from the Eagle Ford to niche chemical markets.
• Focus on developing natural gas liquids (NGLs) processing and marketing capabilities from current gas production.

The company's preliminary year-end 2024 proved reserves stood at 713 MMBOE, with a reserve life of 11 years. The 2024 reserve replacement rate was 83%.

Finance: draft 13-week cash view by Friday.

Murphy Oil Corporation (MUR) - Ansoff Matrix: Diversification

Acquire or build a small-scale, utility-scale solar or wind power generation business, leveraging existing land holdings.

Murphy Oil Corporation Q1 2025 Adjusted EBITDA	$339 million
Murphy Oil Corporation FY 2025 Accrued CAPEX Midpoint Estimate	$1,210 million
US Utility-Scale Solar CapEx Estimate (2025)	$890,000 to $1.23 million per MW
US Utility-Scale Solar LCOE (2024 Average)	$46 per MWh
Murphy Oil Corporation Liquidity (March 31, 2025)	Approx. $1.5 billion

Murphy Oil Corporation is already evaluating solar energy project potential for current operating areas. The company's total accrued capital expenditures for the first quarter of 2025 totaled $403 million.

Invest in carbon capture, utilization, and storage (CCUS) projects, selling CO2 sequestration services to industrial emitters.

• Murphy Oil Corporation reported a 56% total company methane intensity reduction from 2019 to 2024.
• Direct Air Capture (DAC) carbon credit price (2023 weighted avg): $700 to $1,400 per ton.
• Bioenergy with Carbon Capture and Storage (BECCS) first-of-a-kind cost: $75 to $300 per tonne of CO2.
• Industrial projects carbon offset price (2025 forecast): $1.4/tco2e.

The company is investigating potential for CO2 sequestration projects through strategic partnerships. Capturing 1 tonne of CO2 at a gas-fired power station is estimated to require about 1 MWh of energy (heat and electricity).

Establish a dedicated division for lithium or other critical mineral extraction from produced water streams.

Oil and Gas Industry Produced Water Generated (2024 Estimate)	Over 217 million barrels per day
Economic Benefit from Produced Water Management (Present)	8% of total volume
Estimated Commercial Breakeven for Petrolithium	150-200ppm lithium concentration
Murphy Oil Corporation Q2 2025 Production	190,000 MBOEPD

The goal is to turn a costly byproduct into a revenue stream, which could offset produced water treatment/disposal costs. Murphy Oil Corporation has a total long-term debt goal of $1.0 billion.

Purchase a minority stake in a midstream company focused on transporting renewable fuels.

• Murphy Oil Corporation declared a quarterly cash dividend of $0.325 per share.
• Annualized dividend payment is $1.30 per share.
• Share repurchase authorization remaining (March 31, 2025): $550 million.
• Minimum allocation of adjusted free cash flow to shareholder returns: 50%.

The company's full year 2025 accrued CAPEX guidance range is $1,135 million to $1,285 million.

Develop a proprietary software or data analytics tool for reservoir modeling and sell it as a service to smaller E&P firms.

Murphy Oil Corporation 2025 Accrued CAPEX Guidance Low End	$1,135 million
Murphy Oil Corporation 2025 Accrued CAPEX Guidance High End	$1,285 million
Common SaaS Pricing Models	Subscription-based, Usage-based, Tiered, Value-based
SaaS Pricing Updates (Frequency for Leaders)	At least once yearly (Almost 40% update quarterly)
Murphy Oil Corporation Eagle Ford Shale Net Acres	Approx. ~120,000

The company expects full year 2025 production to be in the range of 174.5 to 182.5 MBOEPD.