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Acquisitions (Tables) | 12 Months Ended
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Dec. 31, 2019
Business Combinations [Abstract] |
Preliminary Puchase Price Allocation | The following table contains the purchase price allocations at fair value:
(Thousands of dollars) | PAI (Final) |  | LLOG (Preliminary)
Cash consideration paid | $ | 780,678 |  |  | $ | 1,238,353 |
Fair value of net assets contributed | 154,468 |  |  | — |
Contingent consideration | 52,540 |  |  | 89,444 |
NCI in acquired assets | 246,922 |  |  | — |
Total purchase consideration | $ | 1,234,608 |  |  | $ | 1,327,797 |
(Thousands of dollars) |  |  |  |
Fair value of Property, plant and equipment | 1,617,371 |  |  | 1,358,372 |
Other assets | 5,628 |  |  | 6,697 |
Less: Asset retirement obligations | (388,391 | ) |  | (37,272 | )
Total net assets | $ | 1,234,608 |  |  | $ | 1,327,797 |
Pro Forma Financial Information | The pro forma condensed combined financial information has been included for comparative purposes and is not necessarily indicative of the results that might have occurred had the transaction taken place on January 1, 2018; furthermore, the financial information is not intended to be a projection of future results.
﻿ | Years Ended December 31,
(Thousands of dollars, except per share amounts) | 2019 |  | 2018
Revenues | $ | 3,061,575 |  |  | 3,290,104 |
Net Income Attributable to Murphy | 1,209,380 |  |  | 758,639 |
﻿ |  |  |
Net Income Attributable to Murphy per Common Share |  |  |
Basic | $ | 7.37 |  |  | 4.39 |
Diluted | 7.34 |  |  | 4.35 |

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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=84161108&loc=d3e4845-128472 + Details
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