Murphy Oil to Present Strategic 2025 Growth Plans at Scotiabank Global Energy Conference

Murphy Oil Corporation (NYSE: MUR) announced in its latest Form 8-K filing with the Securities and Exchange Commission that senior management will host investor meetings beginning February 26, 2025, in connection with the company’s participation at the 53rd Annual Scotiabank Global Energy Conference.

According to the filing, President and Chief Executive Officer Eric M. Hambly, Executive Vice President and Chief Financial Officer Thomas J. Mireles, and Vice President, Investor Relations and Communications Kelly L. Whitley are set to provide an update on the company’s strategic priorities. The presentation, which has been attached to the filing as Exhibit 99.1, outlines Murphy Oil’s comprehensive capital and production plan for fiscal year 2025 and details initiatives across global regions.

Highlights from the documentation include a detailed breakdown of the company’s planned capital expenditure—anticipated to fall between $1,135 million and $1,285 million—and production forecasts that indicate a potential increase in daily production on a multi-basin basis. The presentation elaborates on key projects in the Gulf of America, as well as significant development programs in Vietnam and Côte d’Ivoire. Among the disclosed initiatives, Murphy Oil outlined its strategy for continued debt reduction, share repurchases, and dividend increases—a capital allocation framework referred to internally as “Murphy 3.0.”

The filing stressed that the forward-looking statements contained in the report are subject to risks and uncertainties. Management cautioned that actual results could differ materially from those anticipated in its presentation due to factors including macroeconomic conditions, commodity price fluctuations, geopolitical developments, and operational risks inherent in exploration and production activities.

Murphy Oil’s detailed slide presentation, attached as Exhibit 99.1, also offers insights into various field development plans, initiatives to enhance capital efficiency, and diversification of production assets. The disclosure reflects the company’s commitment to transparency with investors as it positions itself for potential growth, while continuing to manage balance sheet strength and shareholder returns.

Investors and interested parties are advised to review the presentation and related documentation available on Murphy Oil’s investor website and through SEC filings for a deeper understanding of the company’s long-term strategic vision and operational outlook.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Murphy Oil’s 8K filing here.

About Murphy Oil

Murphy Oil Corporation, together with its subsidiaries, operates as an oil and gas exploration and production company in the United States, Canada, and internationally. It explores for and produces crude oil, natural gas, and natural gas liquids. The company was formerly known as Murphy Corporation and changed its name to Murphy Oil Corporation in 1964.