MURPHY OIL CORP — Form 8-K

Murphy Oil reported Q3 2026 production of 186,500 BOEPD, exceeding guidance (171,000–179,000), driven by Eagle Ford acceleration, Tupper Montney outperformance, and minimal storm downtime. The company raised full-year 2026 production guidance to 176,000–178,000 BOEPD (midpoint +6,000 BOEPD). Major operational milestones include first oil at Lac Da Vang (Vietnam), Chinook #8 production start (Gulf of America), exploration discovery at Lac Da Trang (Vietnam, 131 ft net pay), Bubale West appraisal success (Côte d'Ivoire, 88 ft pay), six Gulf lease blocks acquired, and two Mauritania offshore exploration blocks signed (90% Murphy, 10% SMH, 3.1M acres). Net income was $171M; adjusted EBITDA $511M; capex $422M (Q3), full-year $1.5–$1.6B. Q4 production guided 174,000–182,000 BOEPD. Total debt $1.63B, net debt $1.13B, cash $500M, liquidity $2.5B.