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Net Income (Loss) Per Common Share | 12 Months Ended
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Dec. 31, 2024
Earnings Per Share [Abstract] |
Net Income (Loss) Per Common Share | Note L – Net Income (Loss) Per Common Share Net income (loss) attributable to Murphy was used as the numerator in computing both basic and diluted income per common share for each of the three years presented. The following table reconciles the weighted-average shares outstanding used for these computations.
(Weighted-average shares) | 2024 |  | 2023 |  | 2022
Basic method | 150,011,458 |  |  | 155,233,560 |  |  | 155,276,533 |
Dilutive stock options and restricted stock units | 1,015,894 |  |  | 1,412,869 |  |  | 2,198,305 |
Diluted method | 151,027,352 |  |  | 156,646,429 |  |  | 157,474,838 |
The following table reflects certain options to purchase shares of common stock that were outstanding during each of the three years presented but were not included in the computation of diluted earnings per share because the incremental shares from the assumed conversion were antidilutive.
| 2024 |  | 2023 |  | 2022
Antidilutive stock options excluded from diluted shares | — |  |  | — |  |  | 126,000 |
Weighted average price of these options | — |  |  | — |  |  | $49.65 |

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