Core Viewpoint - Murphy Oil Corporation has announced the pricing of a $500 million offering of 6.500% Senior Notes due 2034, which is part of an effective shelf registration statement filed with the SEC [1] Group 1: Offering Details - The offering is priced at $500 million with a coupon rate of 6.500% [1] - The Senior Notes are set to mature in 2034 [1] - The expected closing date for the offering is January 23, 2026, pending customary closing conditions [1] Group 2: Use of Proceeds - The net proceeds from the offering are intended to fund the full redemption of existing debt [1]

Core Viewpoint - Murphy Oil Corporation plans to offer $500 million of Senior Notes due 2034, subject to market and other conditions, to refinance existing debt [1] Group 1: Offering Details - The offering will be made under an effective shelf registration statement previously filed with the Securities and Exchange Commission (SEC) [1] - The net proceeds from the offering are expected to be used to fully redeem the Company's 5.875% notes due 2027 and 6.375% notes due 2028 [1]

Group 1 - The article does not provide any relevant content regarding company or industry insights [1]

Group 1 - The article discusses the analysis of oil and gas companies, specifically focusing on Murphy Oil and similar firms, highlighting the search for undervalued entities in the sector [1] - The author emphasizes the cyclical nature of the oil and gas industry, which requires patience and experience for successful investment [2] - The investing group, Oil & Gas Value Research, aims to identify under-followed oil companies and midstream firms that present attractive investment opportunities [2] Group 2 - The article mentions that the investing group includes an active chat room for discussions among oil and gas investors, facilitating the sharing of recent information and ideas [2]

Group 1 - The article discusses the analysis of oil and gas companies, specifically focusing on Murphy Oil and similar firms, highlighting the search for undervalued companies in the sector [1] - The author emphasizes the cyclical nature of the oil and gas industry, which requires patience and experience for successful investment [2] - The investing group, Oil & Gas Value Research, aims to identify under-followed oil companies and midstream firms that present attractive investment opportunities [2] Group 2 - The article mentions that members of the Oil & Gas Value Research group receive exclusive analysis and insights that are not available on the free site [1] - The group includes an active chat room for investors to discuss recent developments and share investment ideas [2]

Core Viewpoint - Murphy Oil Corporation has made significant progress in its exploration efforts, particularly with the successful drilling of the Hai Su Vang-2X appraisal well in Vietnam, which is expected to enhance its resource base and shareholder value [2][4][5] Group 1: Company Overview - Murphy Oil Corporation (NYSE:MUR) is a global oil and gas exploration and production company with a focus on offshore and onshore operations, primarily in North America and Southeast Asia [1] - The company competes with major energy players such as ExxonMobil and Chevron [1] Group 2: Recent Developments - The Hai Su Vang-2X appraisal well was successfully drilled in Vietnam's Cuu Long Basin, marking a key milestone in Murphy's strategic appraisal campaign for the Hai Su Vang field [2][5] - This drilling began in October 2025 and aims to appraise a discovery made in 2025, potentially unlocking significant resource upside [2] Group 3: Stock Performance - The current stock price of MUR is $30.54, reflecting a decrease of 1.00% or $0.31 [3] - The stock has traded between a low of $30.23 and a high of $31.01 today, with a yearly high of $34.52 and a low of $18.95 [3] - Murphy Oil's market capitalization is approximately $4.36 billion [3][5] Group 4: Strategic Positioning - The recent success in Vietnam highlights Murphy Oil's commitment to expanding its resource base and enhancing its strategic position in the region [4][5] - The trading volume for MUR is 2,286,366 shares on the NYSE, indicating active investor interest [4]

Credit Agreement and Amendments - The total commitments of the lenders on the Second Amendment Effective Date amount to $2,000,000,000[14]. - The Company can increase total commitments by up to $250,000,000 after the Second Amendment Effective Date, with a minimum increase of $10,000,000 per commitment increase[24]. - The maturity date for the credit agreement is set for January 2, 2031, with provisions for earlier maturity if certain conditions regarding outstanding notes are met[20]. - The applicable rates for loans are structured based on credit ratings, with spreads ranging from 0.175% to 1.750% depending on the rating level[12]. - The initial amount of the Letter of Credit Commitment for each Issuing Bank is $30,000,000, with a total limit of $415,000,000 for all Letter of Credit Commitments[19]. - The defined term "Adjusted Daily Simple SOFR" is introduced, which is the Daily Simple SOFR plus a floor rate if applicable[9]. - The Company has the right to amend the credit agreement to include new lenders or increase existing lenders' commitments, subject to certain conditions[24]. - The agreement includes provisions for the administrative agent and co-syndication agents, including JPMorgan Chase Bank and Bank of America[7]. - The Company acknowledges the receipt and sufficiency of consideration for the amendments made in the Second Amendment[6]. - Each Lender acknowledges that the extensions of credit are commercial loans and not investments in a business enterprise[25]. - The term "Existing Lenders" refers to each Lender party to the Credit Agreement prior to the Second Amendment Effective Date[30]. - The Second Amendment Effective Date is contingent upon the satisfaction of several conditions, including the receipt of all fees and amounts due to the Administrative Agent[32]. - The Administrative Agent must receive financial projections of the Company and its subsidiaries that are satisfactory in form and substance[37]. - Each Existing Lender has agreed to reallocate its respective Commitment and allow New Lenders to become parties to the Credit Agreement[31]. - The Administrative Agent is authorized to declare the Second Amendment Effective Date upon compliance with specified conditions[40]. - The Administrative Agent and each Arranger inform Lenders that they are not providing investment advice or acting in a fiduciary capacity[28]. - Each Lender represents that it is sophisticated in making decisions regarding commercial loans[25]. - The Administrative Agent must receive documentation required by bank regulatory authorities under applicable anti-money laundering rules[36]. - The total commitment under the Credit Agreement is $2,000,000,000, with each lender's commitment detailed in the schedule[71]. - Each lender has a commitment of $198,000,000, representing 9.9% of the total commitment, except for Sumitomo Mitsui Banking Corporation at $149,000,000 (7.45%) and others[71]. - The Credit Agreement remains in full force and effect following the Second Amendment, confirming obligations and liabilities of the obligors[42]. - No defaults have occurred and are continuing as of the date of the Second Amendment[43]. - The Second Amendment is governed by the laws of the State of New York, with jurisdiction in New York County[46]. - The Second Amendment may be executed in counterparts, allowing for electronic delivery of signed documents[44]. - The total commitment percentage for each lender is clearly outlined, ensuring transparency in the agreement[71]. - The provisions of the Credit Agreement are ratified and affirmed by all obligors, maintaining their obligations[42]. Company Structure and Operations - Murphy Exploration & Production Company is identified as a material subsidiary and guarantor under the Credit Agreement[75]. - All subsidiaries have issued common stock, with no other classes of equity reported[74]. - Murphy has exited Equatorial Guinea and Congo, with no offices established in the Netherlands and Mexico[78][79]. - Murphy Oil Company Ltd. holds 100% equity interests in various subsidiaries across multiple jurisdictions, including Canada, the U.K., and the Bahamas[81]. - Murphy Australia Oil Pty. Ltd. and Murphy Australia AC/P 36 Oil Pty. Limited both hold 100% equity interests in Australia[77]. - Murphy has a 100% equity interest in Murphy Brazil Exploracao e Producao de Petroleo e Gas Ltda. in Brazil[77]. - Murphy's subsidiary Murphy Phuong Nam Oil Co., Ltd. is based in Vietnam with 100% equity[80]. - Murphy's subsidiary structure includes multiple corporations with 100% equity interests in various regions, including Southeast Asia and the Americas[81]. - The company has established a significant presence in the oil sector with subsidiaries in key markets such as Vietnam, Brazil, and Australia[80][77]. - The company has a branch office in the process of winding down in the Gulf of Mexico[81]. - Murphy has no continuing operations in the U.K. as of the latest reports[81]. Financial Management and Banking Relationships - Murphy Oil Corporation has multiple depository accounts across various banks, including J.P. Morgan Chase Bank and Scotiabank, with significant balances in USD and other currencies[85][86][87]. - The company maintains a controlled disbursement account with Bank of America, indicating a strategic cash management approach[87]. - Murphy Oil Corporation has established money market cash accounts with several financial institutions, reflecting a focus on liquidity management[87]. - The company operates in multiple currencies, including USD, CAD, AUD, GBP, and EUR, showcasing its international presence and financial diversification[86][87]. - Murphy Oil Corporation has a significant number of accounts categorized as depository, indicating a robust banking relationship and financial stability[85][86]. - The presence of escrow accounts suggests ongoing transactions or projects that require financial oversight and security[85]. - The company has various accounts designated for royalty payments, indicating revenue streams from oil production activities[86]. - Murphy Oil Corporation's accounts are spread across different regions, including the USA, Canada, and Australia, highlighting its global operational footprint[85][86]. - The use of multiple financial institutions for account management may enhance the company's financial flexibility and risk management[85][86][87]. - The company has established trust accounts, which may be used for specific financial obligations or fiduciary responsibilities[86].

Core Viewpoint - Murphy Oil Corporation has successfully drilled the Hai Su Vang-2X appraisal well, marking a significant milestone in its strategic appraisal campaign for the Hai Su Vang field in Vietnam [1] Company Summary - The Hai Su Vang-2X well is located in Block 15-2/17 in the Cuu Long Basin, approximately 40 miles offshore of Vietnam [1] - The well was spud in early October 2025, indicating the company's ongoing commitment to exploration and appraisal activities in the region [1] Industry Summary - The successful drilling of the HSV-2X well contributes to the overall development of offshore oil and gas resources in Vietnam, highlighting the potential for future discoveries in the Cuu Long Basin [1]

Core Viewpoint - Murphy Oil Corporation will participate in the Goldman Sachs Energy, CleanTech & Utilities Conference 2026, with CEO Eric M. Hambly hosting investor meetings [1] Company Overview - Murphy Oil Corporation is an independent oil and natural gas company with a diverse portfolio that includes both onshore and offshore assets [1]

Core Viewpoint - Murphy Oil Corporation will host a conference call and webcast to discuss its fourth quarter 2025 earnings on January 29, 2026 [1] Financial Results - The company plans to release its financial and operating results after the market closes on January 28, 2026 [1] Investor Relations - A webcast link and related presentation material will be available on the Investor Relations page of the company's website [1]