Murphy Oil(US:MUR)2025-11-06 14:00Financial Performance & Shareholder Returns - The company had approximately $16 billion in liquidity as of September 30, 2025[14] - Year-to-date free cash flow was $192 million[15] - $240 million was returned to shareholders year-to-date in 2025, including $46 million in 3Q 2025[16] - The company maintains low leverage of 10x[16] - A $550 million board-authorized share repurchase program is in place[16] Production & Operations - Total production for 3Q 2025 was 200 MBOEPD, including 94 MBOPD of oil[7, 20, 23, 24] - 3Q 2025 production breakdown: US Onshore 25%, Offshore 34%, and Canada Onshore 41%[7, 23] - Eagle Ford Shale wells online in 3Q showed a 50% increase in 2-month cumulative oil production compared to prior years[20] - The company completed a Gulf of America workover program, reducing total company LOE to $939/BOE[20] Exploration & Development - The company spudded the Hai Su Vang-2X appraisal well on October 2[20] - The Lac Da Vang platform jacket installation progressed ahead of schedule[20] - Preparations were finalized to spud the Civette exploration well in Côte d'Ivoire in 4Q[20] Reserves - 2024 proved reserves totaled 713 MMBOE[7, 111] - 2024 proved reserves by area: US Onshore 24%, Offshore 22%, and Canada Onshore 54%[7, 111]