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Supplemental Quarterly Information (Unaudited) | 12 Months Ended
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Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract] |
Supplemental Quarterly Information (Unaudited) |
(Millions of dollars except per share amounts) | First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter |  | Year 1,2
Year ended December 31, 2020 |  |  |  |  |  |  |  |  |
Revenue from contracts with customers | $ | 600.6 |  |  | 285.7 |  |  | 425.3 |  |  | 440.1 |  |  | 1,751.7 |
Income (loss) from continuing operations before income taxes | (595.4) |  |  | (417.9) |  |  | (328.4) |  |  | (207.3) |  |  | (1,549.0) |
Income (loss) from continuing operations | (503.8) |  |  | (323.1) |  |  | (265.9) |  |  | (162.5) |  |  | (1,255.3) |
Net income (loss) including noncontrolling interest | (508.7) |  |  | (324.4) |  |  | (266.6) |  |  | (162.7) |  |  | (1,262.4) |
Net income (loss) attributable to Murphy | (416.1) |  |  | (317.2) |  |  | (243.5) |  |  | (171.9) |  |  | (1,148.8) |
Income (loss) from continuing operations per Common share |  |  |  |  |  |  |  |  |
Basic | (2.68) |  |  | (2.05) |  |  | (1.58) |  |  | (1.11) |  |  | (7.43) |
Diluted | (2.68) |  |  | (2.05) |  |  | (1.58) |  |  | (1.11) |  |  | (7.43) |
Net income (loss) per Common share |  |  |  |  |  |  |  |  |
Basic | (2.71) |  |  | (2.06) |  |  | (1.59) |  |  | (1.11) |  |  | (7.48) |
Diluted | (2.71) |  |  | (2.06) |  |  | (1.59) |  |  | (1.11) |  |  | (7.48) |
Cash dividend per Common share | 0.25 |  |  | 0.125 |  |  | 0.125 |  |  | 0.125 |  |  | 0.625 |
Year ended December 31, 2019 |  |  |  |  |  |  |  |  |
Revenue from contracts with customers | $ | 629.4 |  |  | 680.4 |  |  | 750.3 |  |  | 757.0 |  |  | 2,817.1 |
Income (loss) from continuing operations before income taxes | 33.7 |  |  | 107.9 |  |  | 177.1 |  |  | (115.3) |  |  | 203.5 |
Income (loss) from continuing operations | 22.9 |  |  | 98.8 |  |  | 158.3 |  |  | (91.3) |  |  | 188.8 |
Net income including noncontrolling interest | 72.8 |  |  | 123.2 |  |  | 1,111.7 |  |  | (54.4) |  |  | 1,253.3 |
Net income attributable to Murphy | 40.2 |  |  | 92.3 |  |  | 1,089.0 |  |  | (71.7) |  |  | 1,149.7 |
Income (loss) from continuing operations per Common share |  |  |  |  |  |  |  |  |
Basic | (0.06) |  |  | 0.40 |  |  | 0.85 |  |  | (0.71) |  |  | 0.52 |
Diluted | (0.06) |  |  | 0.40 |  |  | 0.84 |  |  | (0.70) |  |  | 0.52 |
Net income (loss) per Common share |  |  |  |  |  |  |  |  |
Basic | 0.23 |  |  | 0.55 |  |  | 6.79 |  |  | (0.71) |  |  | 7.01 |
Diluted | 0.23 |  |  | 0.54 |  |  | 6.76 |  |  | (0.47) |  |  | 6.98 |
Cash dividend per Common share | 0.25 |  |  | 0.25 |  |  | 0.25 |  |  | 0.25 |  |  | 1.00 |
1 Revenue from contracts with customers, Income (loss) from continuing operations before income taxes, Income (loss) from continuing operations and Net income (loss) including noncontrolling interest include results attributable to the noncontrolling interest in MP GOM. 2 2020 results include impairment charges of $1,206.3 million as a result of declines in future oil and natural gas prices at the time of impairment (principally driven by reduced demand in response to the COVID-19 pandemic - see Risk Factors).

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
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