HighGravityDataMurphy Oil — Jan 30, 2025 release
Fiscal 2024 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000717423-25-000003
Showing in the filing
Tupper Montney - Gas (MCFD)
“336,000”
Period
Q1 FY2025
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 75
Quarterly cash dividend increase for FY2025
“$0.325 per share, or $1.30 per share annualized for 2025”
Quarterly cash dividend
“$0.325 per share, or $1.30 per share annualized for 2025”
Kaybob Duvernay wells online 2025 Total for FY2025
“4”
Kaybob Duvernay wells online 3Q 2025 for Q3 FY2025
“4”
Non-Op Eagle Ford Shale wells online 3Q 2025 for Q3 FY2025
“4”
Zephyrus development project first oil target for FY2025
“targeted first oil in second half 2025”
Hibernia / Terra Nova - Percent of Total CAPEX for FY2025
“2”
CAPEX plan for FY2025
“$1,135 million to $1,285 million”
Production for Q1 FY2025
“159 to 167 MBOEPD with 83.5 MBOPD, or 51 percent, oil volumes”
Planned downtime impacting Q1 2025 production for Q1 FY2025
“4.4 MBOEPD of planned operated onshore downtime and 2.9 MBOEPD of planned offshore downtime”
1Q 2025E CAPEX ($ MMs) for Q1 FY2025
“$425”
2Q 2025E CAPEX ($ MMs) for Q2 FY2025
“$280”
3Q 2025E CAPEX ($ MMs) for Q3 FY2025
“$275”
4Q 2025E CAPEX ($ MMs) for Q4 FY2025
“$230”
2025E CAPEX ($ MMs) for FY2025
“$1,210”
CAPEX ($ MM) for FY2025
“$1,210”
Offshore Gulf of Mexico - Total CAPEX $ MMs for FY2025
“$410”
Hibernia / Terra Nova - Total CAPEX $ MMs for FY2025
“$20”
Exploration - Percent of Total CAPEX for FY2025
“12”
Non-Op Eagle Ford Shale wells online 4Q 2025 for Q4 FY2025
“12”
Onshore Eagle Ford Shale - Total CAPEX $ MMs for FY2025
“$360”
Kaybob Duvernay / Tupper Montney - Total CAP… for FY2025
“$140”
Corporate - Total CAPEX $ MMs for FY2025
“$20”
CAPEX for offshore Canada for FY2025
“approximately $20 million”
Lac Da Vang development drilling CAPEX for FY2025
“$20 million”
CAPEX allocated to Vietnam and other offshor… for FY2025
“Approximately $115 million”
Lac Da Vang field development CAPEX for FY2025
“$90 million”
Paon field development CAPEX (Cote d'Ivoire) for FY2025
“$5 million”
Exploration program capital allocation for FY2025
“approximately $145 million”
Eagle Ford Shale CAPEX and well delivery for FY2025
“approximately $360 million of its 2025 CAPEX in the Eagle Ford Shale, with $275 million allocated to drill 34 and bring online 35 operated wells, as well as drill 24 and bring online 28 non-operated wells”
Eagle Ford Shale wells online 2025 Total for FY2025
“35”
Tupper Montney Wells Online for FY2025
“5”
Tupper Montney wells online 1Q 2025 for Q1 FY2025
“5”
Tupper Montney wells online 2Q 2025 for Q2 FY2025
“5”
Non-Op Eagle Ford Shale wells online 2025 To… for FY2025
“28”
Eagle Ford Shale field development CAPEX for FY2025
“$85 million”
CAPEX allocated to Canada onshore for FY2025
“Approximately $140 million”
Tupper Montney and Kaybob Duvernay CAPEX and… for FY2025
“$65 million in the Tupper Montney to drill 8 and bring online 10 operated wells, with $50 million allocated in the Kaybob Duvernay to drill 6 and bring online 4 operated wells”
Tupper Montney wells online 2025 Total for FY2025
“10”
Canada onshore field development CAPEX for FY2025
“$25 million”
Eagle Ford Shale Wells Online for FY2025
“21”
Eagle Ford Shale wells online 2Q 2025 for Q2 FY2025
“21”
Kaybob Duvernay / Tupper Montney - Percent o… for FY2025
“11”
Non-Op Eagle Ford Shale Wells Online for FY2025
“11”
Non-Op Eagle Ford Shale wells online 1Q 2025 for Q1 FY2025
“1”
Non-Op Eagle Ford Shale wells online 2Q 2025 for Q2 FY2025
“11”
Eagle Ford Shale wells online 3Q 2025 for Q3 FY2025
“14”
Shareholder return allocation under capital … for the long term
“a minimum of 50 percent of adjusted free cash flow to shareholder returns, primarily through buybacks”
Total long-term debt goal for the long term
“$1.0 billion”
Vietnam and Other - Percent of Total CAPEX for FY2025
“9”
Offshore Gulf of Mexico - Percent of Total C… for FY2025
“34”
Eagle Ford Shale - Oil (BOPD) for Q1 FY2025
“18,300”
Onshore Eagle Ford Shale - Percent of Total … for FY2025
“30”
Eagle Ford Shale - NGLs (BOPD) for Q1 FY2025
“4,000”
Eagle Ford Shale - Gas (MCFD) for Q1 FY2025
“21,400”
Eagle Ford Shale - Total (BOEPD) for Q1 FY2025
“25,900”
Gulf of Mexico excluding NCI - Oil (BOPD) for Q1 FY2025
“51,400”
Gulf of Mexico excluding NCI - NGLs (BOPD) for Q1 FY2025
“4,700”
Gulf of Mexico excluding NCI - Gas (MCFD) for Q1 FY2025
“57,500”
Gulf of Mexico excluding NCI - Total (BOEPD) for Q1 FY2025
“65,700”
Tupper Montney - Oil (BOPD) for Q1 FY2025
“400”
Tupper Montney - Gas (MCFD) for Q1 FY2025
“336,000”
Tupper Montney - Total (BOEPD) for Q1 FY2025
“56,400”
Kaybob Duvernay - NGLs (BOPD) for Q1 FY2025
“400”
Kaybob Duvernay - Oil (BOPD) for Q1 FY2025
“2,300”
Kaybob Duvernay - Gas (MCFD) for Q1 FY2025
“7,000”
Kaybob Duvernay - Total (BOEPD) for Q1 FY2025
“3,900”
Offshore - Oil (BOPD) for Q1 FY2025
“10,900”
Offshore - Total (BOEPD) for Q1 FY2025
“10,900”
Other - Total (BOEPD) for Q1 FY2025
“200”
Total net production (BOEPD) - excluding NCI for Q1 FY2025
“159,000 to 167,000”
Exploration expense ($ millions) for Q1 FY2025
“$26”
Total net production (BOEPD) - excluding NCI for FY2025
“174,500 to 182,500”
Capital expenditures – excluding NCI ($ mill… for FY2025
“$1,135 to $1,285”
Other - Oil (BOPD) for Q1 FY2025
“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 1/31/2025 United States Natural Gas Fixed price derivative swap 40 US$3.58 2/1/2025 6/30/2025 United States Natural Gas Fixed price derivative swap 60 US$3.65 7/1/2025 9/30/2025 United States Natural Gas Fixed price derivative swap 60 US$3.74 10/1/2025 12/31/2025 24 MURPHY OIL CORPORATION FIRST QUARTER 2025 GUIDANCE Oil BOPD NGLs BOPD Gas MCFD Total BOEPD Production – net United States – Eagle Ford Shale 18,300 4,000 21,400 25,900 – Gulf of Mexico excluding NCI 51,400 4,700 57,500 65,700 Canada – Tupper Montney 400 — 336,000 56,400 – Kaybob Duvernay 2,300 400 7,000 3,900 – Offshore 10,900 — — 10,900 Other 200 — — 200 Total net production (BOEPD) - excluding NCI 1 159,000 to 167,000 Exploration expense ($ millions) $26 FULL YEAR 2025 GUIDANCE Total net production (BOEPD) - excluding NCI 2 174,500 to 182,500 Capital expenditures – excluding NCI ($ millions) 3 $1,135 to $1,285 ¹ Excludes noncontrolling interest of MP GOM of 6,000 BOPD of oil, 200 BOPD of NGLs, and 2,400 MCFD gas. ² Excludes noncontrolling interest of MP GOM of 5,900 BOPD of oil, 300 BOPD of NGLs, and 2,300 MCFD gas. ³ Excludes noncontrolling interest of MP GOM of $26 million. 25
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.