Murphy Oil Corporation: Exploration and Expansion of Portfolio 

Murphy Oil Corporation displayed a mixed performance in its first quarter of 2024, with several areas of strength along with areas requiring attentiveness. The company achieved a production output of 170,000 barrels of oil equivalent per day, operating at the upper end of its anticipated range. This was primarily driven by higher production in Eagle Ford Shale and Tupper Montney. Additionally, Murphy Oil succeeded in reinstating the Mormont #2 subsea well and continued its endeavors in the Gulf of Mexico with ongoing workover programs.