Murphy Oil(US:MUR)2025-05-08 11:43Financial Performance & Capital Allocation - The company returned $147 million to shareholders in 1Q 2025 through share repurchases and dividends[5, 24] - $47 million was used to repurchase 36 million shares of stock[5] - The company is targeting long-term debt of $10 billion[5, 7, 24] - The board authorized a $550 million share repurchase program[8] Production & Operations - 1Q 2025 production was 157 MBOEPD (thousands of barrels of oil equivalent per day)[19, 20] - Offshore production accounted for 709 MBOEPD, representing 45% of total production[19] - Eagle Ford Shale production was 254 MBOEPD, or 16% of total production[19] - Onshore Canada production was 609 MBOEPD, accounting for 39% of total production[19] Exploration & Development - The company encountered 106 feet of net oil pay at the Lac Da Hong-1X (Pink Camel) exploration well in Vietnam[5] - The Lac Da Vang (Golden Camel) field development project is targeting first oil in 4Q 2026, with development continuing through FY 2029[55] - The company is initiating a three-well exploration program in Côte d'Ivoire[73]