MURPHY OIL CORP
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
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FY2024 · Filed Feb 27, 2025
MUR$35.96-1.0%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| December 31 (Thousands of dollars except share amounts) · 2024 · 2023 | |||
|---|---|---|---|
| ASSETS | |||
| Current assets | |||
| Cash and cash equivalents | $423,569 | $317,074 | |
| Accounts receivable, net | 272,530 | 343,992 | |
| Inventories | Note E | 54,858 | 54,454 |
| Prepaid expenses | 34,322 | 36,674 | |
| Total current assets | 785,279 | 752,194 | |
| Property, plant and equipment, at cost less accumulated depreciation, depletion and amortization of $13,811,539 in 2024 and $13,135,385 in 2023 | Note D | 8,054,653 | 8,225,197 |
| Operating lease assets | Note T | 777,536 | 745,185 |
| Deferred income taxes | Note H | — | 435 |
| Deferred charges and other assets | 50,011 | 43,686 | |
| Total assets | $9,667,479 | $9,766,697 | |
| LIABILITIES AND EQUITY | |||
| Current liabilities | |||
| Current maturities of long-term debt, finance lease | Note F | $871 | $723 |
| Accounts payable | 472,165 | 446,891 | |
| Income taxes payable | 19,003 | 21,007 | |
| Other taxes payable | 31,685 | 29,339 | |
| Operating lease liabilities | Note T | 253,208 | 207,840 |
| Other accrued liabilities | 117,802 | 130,033 | |
| Current asset retirement obligations 1 | Note G | 48,080 | 10,712 |
| Total current liabilities | 942,814 | 846,545 | |
| Long-term debt, including finance lease obligation | Note F | 1,274,502 | 1,328,352 |
| Asset retirement obligations | Note G | 960,804 | 904,051 |
| Deferred credits and other liabilities | 274,345 | 309,605 | |
| Non-current operating lease liabilities | Note T | 537,381 | 551,845 |
| Deferred income taxes | Note H | 335,790 | 276,646 |
| Total liabilities | $4,325,636 | $4,217,044 | |
| Equity | |||
| Cumulative Preferred Stock, par $100, authorized 400,000 shares, none issued | $— | $— | |
| Common Stock, par $1.00, authorized 450,000,000 shares, issued 195,100,628 shares in 2024 and 195,100,628 shares in 2023 | 195,101 | 195,101 | |
| Capital in excess of par value | 848,950 | 880,297 | |
| Retained earnings | 6,773,289 | 6,546,079 | |
| Accumulated other comprehensive loss | Note N | (628,072) | (521,117) |
| Treasury stock | (1,995,018) | (1,737,566) | |
| Murphy Shareholders' Equity | 5,194,250 | 5,362,794 | |
| Noncontrolling interest | 147,593 | 186,859 | |
| Total equity | 5,341,843 | 5,549,653 | |
| Total liabilities and equity | $9,667,479 | $9,766,697 | |
1 The prior-period amount has been reclassified to conform to the current period presentation.
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