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Murphy Oil Corporation Announces Fourth Quarter and Full Year 2024 Results, Preliminary Year-End 2024 Reserves, 2025 Capital Expenditure and Production Guidance

Drilled an Oil Discovery at Hai Su Vang-1X in Offshore Vietnam, Increased Dividend 8 Percent in 2025, Repurchased $300 Million of Shares in Accordance With Capital Allocation Framework, Maintained Reserve Life of 11