Murphy Oil Q4 profit falls to $50 million, or $0.34 a share, from $116 million a year earlier
Murphy Oil reported fourth-quarter 2024 net income attributable to Murphy of $50 million, or $0.34 per diluted share, down from $116 million, or $0.75 per diluted share, a year earlier. For full year 2024, net income was $407 million, or $2.70 per diluted share, compared with $662 million, or $4.22, in 2023. The board also declared a quarterly dividend of $0.325 per share, an 8 percent increase, payable March 3, 2025.
Key points
- Q4 2024 revenue from sales to customers was $670 million, versus $842 million in Q4 2023
- Full-year 2024 net income attributable to Murphy was $407 million, versus $662 million in 2023
- Quarterly dividend of $0.325 per share, payable March 3, 2025, to holders of record as of February 18, 2025
- Murphy repurchased $300 million of stock, or 8.0 million shares, in 2024; no buybacks in Q4
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:05 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 30, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.