Murphy Oil — Nov 7, 2024 release
Fiscal 2024 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000717423-24-000036
Showing in the filing
Tupper Montney - Total (BOEPD)
“65,200”
Period
Q4 FY2024
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 35
Remaining share repurchase authorization
“$650 million”
Planned senior notes call for Q4 FY2024
“$79 million”
Accrued CAPEX range for FY2024
“$920 million to $1.02 billion”
Production range for FY2024
“180 to 182 MBOEPD, consisting of approximately 50 percent oil and 55 percent liquids volumes”
Production range for FY2024
“180 to 182 MBOEPD”
Oil mix for FY2024
“approximately 50 percent oil”
Liquids mix for FY2024
“55 percent liquids volumes”
Production for Q4 FY2024
“181.5 to 189.5 MBOEPD with 94 MBOPD, or approximately 51 percent, oil volumes”
Production estimate for Q4 FY2024
“181.5 to 189.5 MBOEPD”
Oil volumes for Q4 FY2024
“94 MBOPD, or approximately 51 percent, oil volumes”
Minimum shareholder return allocation of adj… for the long term
“a minimum of 50 percent of adjusted free cash flow”
Total long-term debt goal for the long term
“$1.0 billion”
Eagle Ford Shale - Oil (BOPD) for Q4 FY2024
“24,200”
Eagle Ford Shale - NGLs (BOPD) for Q4 FY2024
“4,800”
Eagle Ford Shale - Gas (MCFD) for Q4 FY2024
“27,300”
Eagle Ford Shale - Total (BOEPD) for Q4 FY2024
“33,600”
Gulf of Mexico excluding NCI - Oil (BOPD) for Q4 FY2024
“59,900”
Gulf of Mexico excluding NCI - NGLs (BOPD) for Q4 FY2024
“4,900”
Gulf of Mexico excluding NCI - Gas (MCFD) for Q4 FY2024
“60,500”
Gulf of Mexico excluding NCI - Total (BOEPD) for Q4 FY2024
“74,900”
Tupper Montney - Oil (BOPD) for Q4 FY2024
“400”
Tupper Montney - Gas (MCFD) for Q4 FY2024
“388,800”
Tupper Montney - Total (BOEPD) for Q4 FY2024
“65,200”
Kaybob Duvernay - Oil (BOPD) for Q4 FY2024
“2,400”
Kaybob Duvernay - NGLs (BOPD) for Q4 FY2024
“600”
Kaybob Duvernay - Gas (MCFD) for Q4 FY2024
“9,400”
Kaybob Duvernay - Total (BOEPD) for Q4 FY2024
“4,600”
Canada Offshore Oil (BOPD) for Q4 FY2024
“7,000”
Canada Offshore Total (BOEPD) for Q4 FY2024
“7,000”
Other - Total (BOEPD) for Q4 FY2024
“200”
Total net production (BOEPD) - excluding NCI for Q4 FY2024
“181,500 to 189,500”
Exploration expense ($ millions) for Q4 FY2024
“$38”
Total net production (BOEPD) - excluding NCI for FY2024
“180,000 to 182,000”
Capital expenditures – excluding NCI ($ mill… for FY2024
“$920 to $1,020”
Other - Oil (BOPD) for Q4 FY2024
“200”
Exhibit 99.1 · the passage around this item
… earlier in the release
Volumes (MMCF/d) Price/MCF Remaining Period Area Commodity Type Start Date End Date United States Natural Gas Fixed price derivative swap 20 US$3.20 1/1/2025 12/31/2025 21 MURPHY OIL CORPORATION FOURTH QUARTER 2024 GUIDANCE Oil BOPD NGLs BOPD Gas MCFD Total BOEPD Production – net United States – Eagle Ford Shale 24,200 4,800 27,300 33,600 – Gulf of Mexico excluding NCI 59,900 4,900 60,500 74,900 Canada – Tupper Montney 400 — 388,800 65,200 – Kaybob Duvernay 2,400 600 9,400 4,600 – Offshore 7,000 — — 7,000 Other 200 — — 200 Total net production (BOEPD) - excluding NCI 1 181,500 to 189,500 Exploration expense ($ millions) $38 FULL YEAR 2024 GUIDANCE Total net production (BOEPD) - excluding NCI 2 180,000 to 182,000 Capital expenditures – excluding NCI ($ millions) 3 $920 to $1,020 ¹ Excludes noncontrolling interest of MP GOM of 7,500 BOPD of oil, 300 BOPD of NGLs, and 2,900 MCFD gas. ² Excludes noncontrolling interest of MP GOM of 6,700 BOPD of oil, 200 BOPD of NGLs, and 2,200 MCFD gas. ³ Excludes noncontrolling interest of MP GOM of $17 million. 22
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.