MURPHY OIL CORPORATION

Murphy Oil Corporation is a global company focused on exploring for and producing oil and natural gas. The company operates both onshore and offshore. Murphy Oil was originally incorporated in Louisiana in 1950 as Murphy Corporation and reincorporated in Delaware in 1964, adopting its current name. In 2013, its U.S. refining and marketing business was separated from its oil and natural gas exploration and production (E&P) business. Murphy's E&P activities are organized into three geographic segments for reporting: the U.S., Canada, and all other countries. A Corporate segment also exists, encompassing interest income, interest expense, foreign exchange effects, corporate risk management, and administrative costs not assigned to the E&P segments. The company's corporate headquarters are in Houston, Texas. Murphy produces crude oil and condensate, natural gas, and natural gas liquids (NGLs). Its primary production areas are in the U.S. and Canada. The company also explores for crude oil, natural gas, and NGLs in targeted areas globally. During 2025, Murphy's main E&P activities were conducted in the U.S.