Market Overview

Murphy Oil Corporation Announces Dividend

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The Board of Directors of Murphy Oil Corporation (NYSE:MUR) today
declared a quarterly cash dividend on the Common Stock of Murphy Oil
Corporation of $0.25 per share, or $1.00 per share on an annualized
basis. The dividend is payable on June 3, 2019, to stockholders of
record as of May 20, 2019.

ABOUT MURPHY OIL CORPORATION

Murphy Oil Corporation is a global independent oil and natural gas
exploration and production company. The company's diverse resource base
includes production from North America onshore plays in the Eagle Ford
Shale, Kaybob Duvernay, Tupper Montney and Placid Montney, as well as
offshore Gulf of Mexico, Canada and Southeast Asia. Additional
information can be found on the company's website at http://www.murphyoilcorp.com.

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