MURPHY OIL CORP
For the period ended Dec 31, 2023. Filed Feb 23, 2024.
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FY2023 · Filed Feb 23, 2024
MUR$34.72+0.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Stockholders’ Equity
| Years Ended December 31 (Thousands of dollars except number of shares) | 2023 | 2022 | 2021 |
|---|---|---|---|
| Cumulative Preferred Stock – par $100, authorized 400,000 shares, none issued | $– | $– | $– |
| Common Stock – par $1.00, authorized 450,000,000 shares at December 31, 2023, 2022 and 2021, issued 195,100,628 shares at December 31, 2023, 2022 and 2021 | |||
| Balance at beginning and end of year | 195,101 | 195,101 | 195,101 |
| Capital in Excess of Par Value | |||
| Balance at beginning of year | 893,578 | 926,698 | 941,692 |
| Share-based compensation | 29,386 | 25,242 | 25,429 |
| Restricted stock transactions and other 1 | (42,667) | (58,362) | (40,423) |
| Balance at end of year | 880,297 | 893,578 | 926,698 |
| Retained Earnings | |||
| Balance at beginning of year | 6,055,498 | 5,218,670 | 5,369,538 |
| Net income (loss) for the year attributable to Murphy | 661,559 | 965,047 | (73,664) |
| Cash dividends paid | (170,978) | (128,219) | (77,204) |
| Balance at end of year | 6,546,079 | 6,055,498 | 5,218,670 |
| Accumulated Other Comprehensive Loss | |||
| Balance at beginning of year | (534,686) | (527,711) | (601,333) |
| Foreign currency translation (losses) gains, net of income taxes | 36,598 | (106,335) | 12,116 |
| Retirement and postretirement benefit plans, net of income taxes | (23,029) | 99,360 | 59,816 |
| Deferred loss on interest rate hedge reclassified to interest expense,net of income taxes | – | – | 1,690 |
| Balance at end of year | (521,117) | (534,686) | (527,711) |
| Treasury Stock | |||
| Balance at beginning of year | (1,614,717) | (1,655,447) | (1,690,661) |
| Purchase of treasury shares | (151,241) | – | – |
| Awarded restricted stock, net of forfeitures | 28,392 | 40,730 | 35,214 |
| Balance at end of year – 42,351,986 shares of common stock in 2023, 39,633,309 shares of common stock in 2022 and 40,637,578 shares of common stock in 2021 | (1,737,566) | (1,614,717) | (1,655,447) |
| Murphy Shareholders’ Equity | 5,362,794 | 4,994,774 | 4,157,311 |
| Noncontrolling Interest | |||
| Balance at beginning of year | 154,119 | 163,485 | 179,810 |
| Net income attributable to noncontrolling interest | 62,122 | 173,672 | 121,192 |
| Distributions to noncontrolling interest owners | (29,382) | (183,038) | (137,517) |
| Balance at end of year | 186,859 | 154,119 | 163,485 |
| Total Equity | $5,549,653 | $5,148,893 | $4,320,796 |
1 Prior-period amounts have been aggregated to conform to the current period presentation.
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