<SEC-DOCUMENT>0000717423-25-000023.txt : 20250617
<SEC-HEADER>0000717423-25-000023.hdr.sgml : 20250617
<ACCEPTANCE-DATETIME>20250617170840
ACCESSION NUMBER:		0000717423-25-000023
CONFORMED SUBMISSION TYPE:	11-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20241231
FILED AS OF DATE:		20250617
DATE AS OF CHANGE:		20250617

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MURPHY OIL CORP
		CENTRAL INDEX KEY:			0000717423
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		ORGANIZATION NAME:           	01 Energy & Transportation
		EIN:				710361522
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		11-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08590
		FILM NUMBER:		251054222

	BUSINESS ADDRESS:	
		STREET 1:		9805 KATY FWY
		STREET 2:		SUITE G-200
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77024
		BUSINESS PHONE:		2816759000

	MAIL ADDRESS:	
		STREET 1:		9805 KATY FWY
		STREET 2:		SUITE G-200
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77024

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MURPHY OIL CORP /DE
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NEW MURPHY OIL CORP /DE
		DATE OF NAME CHANGE:	19831115
</SEC-HEADER>
<DOCUMENT>
<TYPE>11-K
<SEQUENCE>1
<FILENAME>a11-k401kmoc12312024gaappc.htm
<DESCRIPTION>11-K
<TEXT>
<html><head>
<!-- Document created using Wdesk -->
<!-- Copyright 2025 Workiva -->
<title>Document</title></head><body><div id="i00d574394f994f3e9e1ac874917989d1_1"></div><div style="min-height:72pt;width:100%"><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font><br></font></div></div><div style="text-indent:90pt"><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">UNITED STATES</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">SECURITIES AND EXCHANGE COMMISSION</font></div><div style="text-align:center;text-indent:90pt"><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Washington, D.C. 20549</font></div><div style="text-align:center;text-indent:90pt"><font><br></font></div><div style="text-align:center;text-indent:90pt"><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:14pt;font-weight:700;line-height:120%">FORM 11-K</font></div><div style="text-align:center;text-indent:90pt"><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">(Mark One)</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">&#91;X&#93; ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">SECURITIES EXCHANGE ACT OF 1934</font></div><div style="text-align:center;text-indent:90pt"><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">For the fiscal year ended </font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">December 31, 2024</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </font></div><div style="text-align:center;text-indent:90pt"><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">OR</font></div><div style="text-align:center;text-indent:90pt"><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">&#91;&#160;&#160;&#93; TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">SECURITIES EXCHANGE ACT OF 1934</font></div><div style="text-align:center;text-indent:90pt"><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">For the transition period from </font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> to </font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div><div style="text-align:center;text-indent:90pt"><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Commission file number </font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1-8590</font></div><div style="text-align:center;text-indent:90pt"><font><br></font></div><div style="text-align:center;text-indent:90pt"><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:14pt;font-weight:700;line-height:120%">THE MURPHY OIL CORPORATION 401(K) PLAN</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(Full title of the Plan)</font></div><div style="text-align:center;text-indent:90pt"><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">    </font><img alt="mur-20181231a.jpg" src="mur-20181231a.jpg" style="height:98px;margin-bottom:5pt;vertical-align:text-bottom;width:165px"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:14pt;font-weight:700;line-height:120%">&#160;</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:14pt;font-weight:700;line-height:120%">MURPHY OIL CORPORATION</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(Name of issuer of securities held pursuant to Plan)</font></div><div style="text-align:center;text-indent:90pt"><font><br></font></div><div style="text-align:center;text-indent:90pt"><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">9805 Katy Fwy, Suite G-200, Houston, Texas&#160;77024</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(Address of issuer&#8217;s principal executive office) (Zip Code)</font></div><div style="text-align:center;text-indent:90pt"><font><br></font></div><div style="text-align:center;text-indent:90pt"><font><br></font></div><div style="text-align:justify;text-indent:90pt"><font><br></font></div><div style="text-align:justify;text-indent:90pt"><font><br></font></div><div style="text-align:justify;text-indent:90pt"><font><br></font></div><div style="height:72pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font><br></font></div></div></div><div id="i00d574394f994f3e9e1ac874917989d1_4"></div><hr style="page-break-after:always"><div style="min-height:72pt;width:100%"><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font><br></font></div></div><div style="text-align:center"><font><br></font></div><div style="-sec-extract:summary;text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:120%">THE MURPHY OIL CORPORATION 401(K) PLAN</font></div><div style="text-align:center;text-indent:90pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">&#160;</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:120%">TABLE OF CONTENTS</font><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.707%"><tr><td style="width:1.0%"></td><td style="width:91.128%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.672%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10.5pt;font-weight:400;line-height:100%">Page</font></div></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#0000ff;font-family:'Arial',sans-serif;font-size:10.5pt;font-weight:400;line-height:100%;text-decoration:underline"><a href="#i00d574394f994f3e9e1ac874917989d1_7" style="-sec-extract:exhibit;color:#0000ff;font-family:'Arial',sans-serif;font-size:10.5pt;font-weight:400;line-height:100%;text-decoration:underline">Report of Independent Registered Public Accounting Firm</a></font></div></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10.5pt;font-weight:400;line-height:100%"><a href="#i00d574394f994f3e9e1ac874917989d1_7" style="-sec-extract:exhibit;color:#000000;font-family:'Arial',sans-serif;font-size:10.5pt;font-weight:400;line-height:100%;text-decoration:none">3</a></font></div></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10.5pt;font-weight:400;line-height:100%">FINANCIAL STATEMENTS</font></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10.5pt;font-weight:400;line-height:100%">&#160;</font></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-indent:6.75pt"><font style="color:#0000ff;font-family:'Arial',sans-serif;font-size:10.5pt;font-weight:400;line-height:100%;text-decoration:underline"><a href="#i00d574394f994f3e9e1ac874917989d1_13" style="-sec-extract:exhibit;color:#0000ff;font-family:'Arial',sans-serif;font-size:10.5pt;font-weight:400;line-height:100%;text-decoration:underline">Statements of Net Assets Available for Benefits as of </a>December 31, 2024<a href="#i00d574394f994f3e9e1ac874917989d1_13" style="-sec-extract:exhibit;color:#0000ff;font-family:'Arial',sans-serif;font-size:10.5pt;font-weight:400;line-height:100%;text-decoration:underline"> and </a>2023</font></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10.5pt;font-weight:400;line-height:100%"><a href="#i00d574394f994f3e9e1ac874917989d1_13" style="-sec-extract:exhibit;color:#000000;font-family:'Arial',sans-serif;font-size:10.5pt;font-weight:400;line-height:100%;text-decoration:none">4</a></font></div></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-indent:6.75pt"><font style="color:#0000ff;font-family:'Arial',sans-serif;font-size:10.5pt;font-weight:400;line-height:100%;text-decoration:underline"><a href="#i00d574394f994f3e9e1ac874917989d1_16" style="-sec-extract:exhibit;color:#0000ff;font-family:'Arial',sans-serif;font-size:10.5pt;font-weight:400;line-height:100%;text-decoration:underline">Statement of Changes in Net Assets Available for Benefits for the year ended </a>December 31, 2024</font></div></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10.5pt;font-weight:400;line-height:100%"><a href="#i00d574394f994f3e9e1ac874917989d1_16" style="-sec-extract:exhibit;color:#000000;font-family:'Arial',sans-serif;font-size:10.5pt;font-weight:400;line-height:100%;text-decoration:none">5</a></font></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-indent:6.75pt"><font style="color:#0000ff;font-family:'Arial',sans-serif;font-size:10.5pt;font-weight:400;line-height:100%;text-decoration:underline"><a href="#i00d574394f994f3e9e1ac874917989d1_19" style="-sec-extract:exhibit;color:#0000ff;font-family:'Arial',sans-serif;font-size:10.5pt;font-weight:400;line-height:100%;text-decoration:underline">Notes to Financial Statements</a></font></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10.5pt;font-weight:400;line-height:100%"><a href="#i00d574394f994f3e9e1ac874917989d1_19" style="-sec-extract:exhibit;color:#000000;font-family:'Arial',sans-serif;font-size:10.5pt;font-weight:400;line-height:100%;text-decoration:none">6</a></font></div></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10.5pt;font-weight:400;line-height:100%">SUPPLEMENTAL SCHEDULES*</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10.5pt;font-weight:400;line-height:100%">&#160;</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-indent:6.75pt"><font style="color:#0000ff;font-family:'Arial',sans-serif;font-size:10.5pt;font-weight:400;line-height:100%">&#160;</font><font style="color:#0000ff;font-family:'Arial',sans-serif;font-size:10.5pt;font-weight:400;line-height:100%;text-decoration:underline"><a href="#i00d574394f994f3e9e1ac874917989d1_49" style="-sec-extract:exhibit;color:#0000ff;font-family:'Arial',sans-serif;font-size:10.5pt;font-weight:400;line-height:100%;text-decoration:underline">Schedule H, Line 4i&#160;&#160;Schedule of Assets (Held at End of Year) </a>December 31, 2024</font></div></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10.5pt;font-weight:400;line-height:100%"><a href="#i00d574394f994f3e9e1ac874917989d1_49" style="-sec-extract:exhibit;color:#000000;font-family:'Arial',sans-serif;font-size:10.5pt;font-weight:400;line-height:100%;text-decoration:none">14</a></font></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-indent:9pt"><font style="color:#0000ff;font-family:'Arial',sans-serif;font-size:10.5pt;font-weight:400;line-height:100%;text-decoration:underline"><a href="#i00d574394f994f3e9e1ac874917989d1_52" style="-sec-extract:exhibit;color:#0000ff;font-family:'Arial',sans-serif;font-size:10.5pt;font-weight:400;line-height:100%;text-decoration:underline">Signature</a></font></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10.5pt;font-weight:400;line-height:100%"><a href="#i00d574394f994f3e9e1ac874917989d1_52" style="-sec-extract:exhibit;color:#000000;font-family:'Arial',sans-serif;font-size:10.5pt;font-weight:400;line-height:100%;text-decoration:none">15</a></font></div></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-indent:9pt"><font style="color:#0000ff;font-family:'Arial',sans-serif;font-size:10.5pt;font-weight:400;line-height:100%;text-decoration:underline"><a href="a11-k401kmoc12312024xex23.htm" style="-sec-extract:exhibit;color:#0000ff;font-family:'Arial',sans-serif;font-size:10.5pt;font-weight:400;line-height:100%;text-decoration:underline">Exhibit 23 Consent of Independent Registered Public Accounting Firm</a></font></div></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10.5pt;font-weight:400;line-height:100%">16</font></td></tr></table></div><div style="text-indent:90pt"><font style="font-family:'Arial',sans-serif;font-size:1pt;font-weight:400;line-height:120%"></font></div><div style="text-indent:90pt"><font><br></font></div><div style="text-indent:90pt"><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">*All other supplemental schedules required by the Department of Labor&#8217;s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974 have been omitted, as they are inapplicable or not required.</font></div><div style="text-align:justify;text-indent:90pt"><font><br></font></div><div><font><br></font></div><div style="height:72pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="-sec-extract:summary;text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">2</font></div></div></div><div id="i00d574394f994f3e9e1ac874917989d1_7"></div><hr style="page-break-after:always"><div style="min-height:72pt;width:100%"><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Report of Independent Registered Public Accounting Firm</font></div></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Plan Administrator, Plan Participants, Audit Committee and Board of Directors</font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:112%">The Murphy Oil Corporation 401(K) Plan</font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Houston, Texas</font></div><div style="text-indent:72pt"><font><br></font></div><div style="margin-bottom:6pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Opinion on the Financial Statements</font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:112%">We have audited the accompanying statements of net assets available for benefits of The Murphy Oil Corporation 401(K) Plan (the Plan) as of December 31, 2024 and 2023, the related statement of changes in net assets available for benefits for the year ended December 31, 2024, and the related notes (collectively referred to as the &#8220;financial statements&#8221;).&#160;In our opinion, the financial statements referred to above present fairly, in all material respects, the net assets available for benefits of the Plan as of December 31, 2024 and 2023, and the changes in net assets available for benefits for the year ended December 31, 2024, in conformity with accounting principles generally accepted in the United States of America.</font></div><div style="text-indent:72pt"><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:112%">Basis of Opinion</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:112%">These financial statements are the responsibility of the Plan&#8217;s management. Our responsibility is to express an opinion on these financial statements based on our audits.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:112%">We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (&#8220;PCAOB&#8221;) and are required to be independent with respect to the Plan in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:112%">We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The Plan is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Plan&#8217;s internal control over financial reporting.  Accordingly, we express no such opinion.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.</font></div><div style="text-indent:72pt"><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:112%">Report on Supplemental Information</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:112%">The supplemental information in the accompanying Schedule H, Line 4i &#8211; Schedule of Assets (Held at End of Year) as of December 31, 2024, has been subjected to audit procedures performed in conjunction with the audit of the Plan&#8217;s financial statements. The supplemental schedule is the responsibility of the Plan&#8217;s management. Our audit procedures included determining whether the supplemental schedule reconciles to the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the supplemental schedule. In forming our opinion on the supplemental schedule, we evaluated whether the supplemental schedule, including its form and content, is presented in conformity with the Department of Labor&#8217;s Rules and Regulations for Reporting and Disclosure under the </font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:112%">Employee Retirement Income Security Act of 1974</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:112%">. In our opinion, the Schedule of Assets (Held at End of Year) is fairly stated, in all material respects, in relation to the basic financial statements taken as a whole.</font></div><div style="text-indent:72pt"><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#47;s&#47; </font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Forvis Mazars, LLP</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We have served as the Plan&#8217;s auditor since 2005.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Houston, Texas</font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">June&#160;17, 2025 </font></div><div><font><br></font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">3</font></div></div></div><div id="i00d574394f994f3e9e1ac874917989d1_13"></div><hr style="page-break-after:always"><div style="min-height:72pt;width:100%"><div><font><br></font></div><div><font><br></font></div><div><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">THE MURPHY OIL CORPORATION 401(K) PLAN</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">&#160;</font></div></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Statements of Net Assets Available for Benefits</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">December 31, 2024 and 2023 </font></div><div><font style="font-family:'Arial',sans-serif;font-size:1pt;font-weight:400;line-height:120%"></font><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.561%"><tr><td style="width:1.0%"></td><td style="width:62.189%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.534%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:16.521%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.534%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:16.522%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">&#160;</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:100%">2024</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:100%">2023</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:100%;text-decoration:underline">Assets</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">&#160;</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:18pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">Investments, at fair value</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">214,011,393&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">202,319,227&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:18pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">Participant notes receivable</font></div></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">2,205,448&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">1,578,841&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">Other receivables</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">288,051&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">Participant contributions receivable</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">252,679&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">Employer contributions receivable</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">213,856&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">Net assets available for benefits</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">216,683,376&#160;</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">204,186,119&#160;</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr></table></div><div style="text-indent:72pt"><font><br></font></div><div><font><br></font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">The accompanying notes are an integral part of these financial statements.</font></div><div style="height:72pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">4</font></div></div></div><div id="i00d574394f994f3e9e1ac874917989d1_16"></div><hr style="page-break-after:always"><div style="min-height:72pt;width:100%"><div><font><br></font></div><div><font><br></font></div><div><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">THE MURPHY OIL CORPORATION 401(K) PLAN</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">&#160;</font></div></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">&#160;</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Statement of Changes in Net Assets Available for Benefits</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">Year Ended December 31, 2024&#160;</font></div><div style="text-indent:72pt"><font style="font-family:'Arial',sans-serif;font-size:1pt;font-weight:400;line-height:120%"></font></div><div style="text-indent:72pt"><font><br></font></div><div><font style="font-family:'Arial',sans-serif;font-size:1pt;font-weight:400;line-height:120%"></font><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:79.747%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:18.053%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">&#160;</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:100%;text-decoration:underline">Additions</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">&#160;</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">Investment income&#58;</font></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">&#160;</font></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">Interest and dividend income</font></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">4,870,267&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:18pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">Net appreciation in fair value of investments</font></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">17,477,955&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">Total investment income</font></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">22,348,222&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">Interest income on notes receivable from participants</font></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">124,523&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">Contributions&#58;</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">Employer</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">6,238,929&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:18pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">Participant</font></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">9,453,839&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">Rollover from other plans</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">1,059,431&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">Total contributions</font></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">16,752,199&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">Administrative expense credit</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">122,107&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">Total additions</font></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">39,347,051&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:100%;text-decoration:underline">Deductions</font></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">&#160;&#160;&#160;&#160;&#160;&#160;Benefits paid directly to participants</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">(26,849,794)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">Total deductions</font></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">(26,849,794)</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">Net increase for the year</font></div></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">12,497,257&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">Net assets available for benefits&#58;</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">Beginning of year</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">204,186,119&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">End of year</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">216,683,376&#160;</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr></table></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">The accompanying notes are an integral part of these financial statements.</font></div><div style="height:72pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">5</font></div></div></div><div id="i00d574394f994f3e9e1ac874917989d1_19"></div><hr style="page-break-after:always"><div style="min-height:72pt;width:100%"><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:120%">THE MURPHY OIL CORPORATION 401(K) PLAN</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Notes to Financial Statements</font></div></div><div><font><br></font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:120%">1.  Summary of Significant Accounting Policies and Provisions of the Plan </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-style:italic;font-weight:700;line-height:120%">Basis of Presentation</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">The accompanying financial statements of The Murphy Oil Corporation 401(k) Plan (the Plan), have been prepared on the accrual basis of accounting and present the net assets available for benefits to participants in the Plan and changes in net assets available for benefits.&#160;Investments are reported at fair value, including the investment in the common collective trust which is valued using net asset value (NAV) as a practical expedient.  </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">Benefits are recorded when paid.&#160;The Plan has made estimates in preparing the accompanying financial statements in accordance with accounting principles generally accepted in the United States of America.&#160;Actual results could differ from those estimates.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-style:italic;font-weight:700;line-height:120%">Significant Provisions</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">The following is a summary of certain information related to the Plan, which is sponsored by Murphy Oil Corporation (Murphy) and is administered by Murphy&#8217;s Employee Benefits Committee (the Committee). The Plan documents should be referred to for a complete description of the Plan&#8217;s provisions. The Plan is subject to the provisions of the </font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-style:italic;font-weight:400;line-height:120%">Employee Retirement Income Security Act of 1974</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%"> (ERISA).</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">Each employee, except leased or contract employees, of one of the following companies (identified herein collectively as the Companies and individually as the Company) who is in Covered Employment as defined by the Plan may participate in the Plan.&#160;</font></div><div style="text-indent:36pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">A. Murphy Oil Corporation&#160;</font></div><div style="text-indent:36pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">B. Murphy Exploration &#38; Production Company, a wholly owned subsidiary of Murphy Oil</font></div><div style="text-indent:36pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">Corporation</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">A participant may have the following Plan accounts to which amounts may be allotted by the participant or contributed by the Company, with limitations as indicated.</font></div><div style="padding-left:49.5pt;text-indent:-13.5pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">A. Salary Deferral Account &#8211; participant&#8217;s allotments up to a maximum of&#160;25% of base pay for the year, but not to exceed $23,000 annually in 2024.</font></div><div style="padding-left:49.5pt;text-indent:-13.5pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">B. Matching Employer Contribution Account &#8211; Company contributions, dollar-for-dollar, based on the participant&#8217;s allotments, up to a maximum of 6% of base pay including overtime, made to the Salary Deferral Account.</font></div><div style="padding-left:49.5pt;text-indent:-13.5pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">C. Employee After-Tax Contribution Account &#8211; a non-highly compensated employee&#8217;s after-tax allotments up to a maximum of 10% of base pay for the year. If highly compensated (per Internal Revenue Service (IRS) and calculated in arrears, for the </font></div><div style="height:72pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">6</font></div></div></div><hr style="page-break-after:always"><div style="min-height:72pt;width:100%"><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:120%">THE MURPHY OIL CORPORATION 401(K) PLAN</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Notes to Financial Statements</font></div></div><div style="padding-left:49.5pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">2024 plan year, an employee earning more than $150,000 in 2023), then no after-tax contributions are allowed.</font></div><div style="padding-left:49.5pt;text-indent:-13.5pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">D. Deductible Contribution Account &#8211; participant&#8217;s allotments to this account have not been allowed after December 31, 1986, but established accounts have been allowed to remain.</font></div><div style="padding-left:49.5pt;text-indent:-13.5pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">E. Minimum 401(k) Contribution Account &#8211; participant&#8217;s allotments to this account have not been allowed after March 31, 1992, but established accounts have been allowed to remain.</font></div><div style="padding-left:49.5pt;text-indent:-13.5pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">F. Rollover Account &#8211; contributions made by a participant from a prior qualified plan.</font></div><div style="padding-left:49.5pt;text-indent:-13.5pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">G. Catch-Up Contribution Account &#8211; participant&#8217;s allotments for all eligible employees who have attained age 50 before the close of the Plan year and are contributing the maximum pre-tax amount permitted by the Plan, up to a maximum of 75% of base pay for the year, but not to exceed $7,500 for 2024.</font></div><div style="text-indent:58.5pt"><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">Each participant&#8217;s account includes the participant&#8217;s contribution and allocations of (</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-style:italic;font-weight:400;line-height:120%">a</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">) the Company&#8217;s contribution, (</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-style:italic;font-weight:400;line-height:120%">b</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">) Plan earnings, and (</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-style:italic;font-weight:400;line-height:120%">c</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">) administrative expenses. Additionally, each participant&#8217;s account can be allocated revenue sharing credits upon the Company&#8217;s election.&#160; Allocations are based on participant earnings or account balances, as defined.&#160;The amount to which a participant is entitled is the amount that can be provided from the participant&#8217;s vested account.</font></div><div style="text-indent:58.5pt"><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">As of October 2, 2023, employees are automatically enrolled in the Plan to make Salary Deferral Contributions effective 35 days after the date of hire provided that notice of such enrollment is provided at least 30 days prior to such enrollment. The employee automatically enrolled in the Plan shall be deemed to have elected to defer, as Salary Deferral Contributions to the Trust Fund, in an amount equal to the 6% of the Participant&#8217;s Compensation for each pay period that occurs on or after the automatic enrollment date unless a new election becomes effective. An employee may opt out during the 30-day notice period.</font></div><div style="text-indent:58.5pt"><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">A vested participant who enrolled prior to January 1, 2008 may withdraw from the Matching Employer Contribution (Matching Employer) Account either totally or partially (limited to at least 10%, but no less than $250, or any higher multiple of 5% up to 50% of the account balance) once every 24 months or at any time after reaching age 59&#189;. Any participant enrolled after December 31, 2007 can only withdraw from the Matching Employer Account after reaching age 59&#189;.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">A withdrawal from either a Salary Deferral Account&#160;or Catch-up Contribution Account is not permissible except upon a finding that a hardship exists as defined by federal tax regulations, upon the attainment of age 59&#189;&#160;or upon termination.&#160;&#160;</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">A withdrawal from a Rollover Account is permitted at any time&#59; however, a tax penalty may apply for withdrawals prior to reaching age 59 &#189;.</font></div><div style="text-indent:45pt"><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">Withdrawals from Employee After-Tax Contribution Accounts or Deductible Contribution Accounts must be at least $250 with a minimum of 10%, whichever is greater, with such amount </font></div><div style="height:72pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">7</font></div></div></div><hr style="page-break-after:always"><div style="min-height:72pt;width:100%"><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:120%">THE MURPHY OIL CORPORATION 401(K) PLAN</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Notes to Financial Statements</font></div></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">to be designated as a multiple of 5%, and may not be made until at least 12 months after the most recent such withdrawal.&#160;No participation penalty is applied to such a withdrawal.</font></div><div style="text-indent:45pt"><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">A withdrawal from a Minimum 401(k) Contribution Account is not permissible except upon termination.</font></div><div style="text-indent:58.5pt"><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">A participant may withdraw from a Discretionary Employer Contribution Account under guidelines established by the Committee that are uniformly applicable to all participants.</font></div><div style="text-indent:58.5pt"><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">Any taxable income distributed to a participant may be subject to a 10% penalty tax under the Tax Reform Act of 1986. </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">Automatic small balance cashouts are distributed as lump sums if a participant's non-forfeitable account balance is below $1,000. Account balances greater than $1,000 but below $7,000 are rolled over into an IRA unless otherwise elected.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">An eligible employee may borrow a minimum of $500 and a maximum equal to the lesser of (a)&#160;$50,000 less the highest outstanding loan balance(s) in the last twelve months or (b) 50% of their vested account balance. An eligible employee may have one general-purpose loan and one residential loan outstanding at any one time.&#160;Prior to 2022, residential loans were approved by the Committee. Effective January 1, 2022, residential loans are administered and approved by the Trustee. The term of each loan will be in whole years, with maximums of five years for a general-purpose loan and 15 years for a residential loan. Loan repayments, including interest at the prime rate as of the beginning of the loan period, are made into the participant&#8217;s account through after-tax payroll deductions. Each loan has a $35 initiation fee and a $15 annual maintenance fee. Interest rates on outstanding notes receivable at December&#160;31, 2024 range from 3.25% to 8.50%.</font></div><div style="text-indent:58.5pt"><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">Upon retirement, disability, or death of a participant, the participant or his&#47;her designated beneficiary has the option to receive settlement in a lump sum or installment payments over a period of time not to exceed the actuarial life of the participant.</font></div><div style="text-indent:58.5pt"><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-style:italic;font-weight:700;line-height:120%">Obligation for Contributions to the Plan</font></div><div style="text-indent:45pt"><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">The Company makes contributions to the Plan based on each participant&#8217;s allotments to the Salary Deferral Account subject to a maximum of 6% of the participant&#8217;s base pay (including overtime, where relevant). Although the Company has not expressed any intent to terminate the Plan, it may do so at any time.</font></div><div style="text-indent:45pt"><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-style:italic;font-weight:700;line-height:120%">Voting Rights</font></div><div style="text-indent:45pt"><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">Each participant is entitled to exercise voting rights attributable to the shares of the Murphy Oil Corporation common stock and Murphy USA Inc. common stock&#160;allocated to his or her account and is notified by the Trustee prior to the time that such rights are to be exercised.&#160;The Trustee is not permitted to vote any shares for which instructions have not been given by the participant.</font></div><div style="height:72pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">8</font></div></div></div><hr style="page-break-after:always"><div style="min-height:72pt;width:100%"><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:120%">THE MURPHY OIL CORPORATION 401(K) PLAN</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Notes to Financial Statements</font></div></div><div style="text-indent:45pt"><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-style:italic;font-weight:700;line-height:120%">Administrative Expenses</font></div><div style="text-indent:45pt"><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">Murphy pays certain costs of the Plan while employees pay administrative fees.&#160;Trustee fees and related expenses will be paid by the Plan. Certain administrative functions are performed by officers or employees of the Company. No such officer or employee receives compensation from the Plan. Administrative expenses of the Plan are netted directly from the participant accounts.</font></div><div><font><br></font></div><div id="i00d574394f994f3e9e1ac874917989d1_22"></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:120%">2.  Recent Accounting Pronouncements </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%;text-decoration:underline">Accounting Principles Adopted</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-style:italic;font-weight:400;line-height:120%">None</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%;text-decoration:underline">Recent Accounting Pronouncements</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-style:italic;font-weight:400;line-height:120%">None</font></div><div><font><br></font></div><div id="i00d574394f994f3e9e1ac874917989d1_25"></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:120%">3.  Net Assets and Investments </font></div><div style="text-indent:45pt"><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">All assets in the Plan sponsored by Murphy Oil Corporation are associated only with The Murphy Oil Corporation 401(k) Plan. Fidelity Management Trust Company (FMTC), Boston, Massachusetts, is the Trustee for Plan assets.&#160;The Trustee had no nonparticipant-directed investments related to the Plan.</font></div><div style="text-align:center;text-indent:45pt"><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">The following table presents the net assets of the Plan as of December 31, 2024 and 2023.</font></div><div><font style="font-family:'Arial',sans-serif;font-size:1pt;font-weight:400;line-height:120%"></font><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:64.397%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.420%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.423%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:100%">2024</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:100%">2023</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:100%">Investments at fair value</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">&#160;</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">Common Stock</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">&#160;</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">Murphy Oil Corporation</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">16,020,919&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">25,831,322&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">Murphy USA Inc.</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">9,664,391&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">10,668,545&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 31pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">Total common stock</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">25,685,310&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">36,499,867&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">Common&#47;collective trust</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">16,752,607&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">18,819,526&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:6.75pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">Self-directed brokerage fund</font></div></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">1,776,956&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">1,264,534&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">Mutual funds</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">169,796,520&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">145,735,300&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:100%">Participant notes receivable</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">2,205,448&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">1,578,841&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:100%">Participant contributions receivable</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">252,679&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:100%">Employer contributions receivable</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">213,856&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:100%">Other receivables</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">288,051&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">Net assets</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">216,683,376&#160;</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">204,186,119&#160;</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr></table></div><div style="text-indent:45pt"><font><br></font></div><div style="text-indent:58.5pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:1pt;font-weight:400;line-height:120%">tbi</font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">Quoted market prices are used to determine the fair value of investments in the registered investment companies and the common stock.&#160;Participant notes receivable are valued at cost plus accrued interest. Purchases and sales of securities are recorded on a trade date basis. </font></div><div style="height:72pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">9</font></div></div></div><hr style="page-break-after:always"><div style="min-height:72pt;width:100%"><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:120%">THE MURPHY OIL CORPORATION 401(K) PLAN</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Notes to Financial Statements</font></div></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">Interest is recorded as earned and dividends are recorded on the ex-dividend date.&#160;Net appreciation&#160;in market value of common stock and registered investment companies includes realized gains (losses) and unrealized appreciation (depreciation) in the fair value of these investments.</font></div><div style="text-indent:58.5pt"><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">The Plan invests in Management Income Portfolio&#160;II (MIP II), a common collective trust fund (CCT) managed by FMTC.&#160;FMTC maintains the contributions in a general account.&#160;The Plan&#8217;s interest in the CCT is valued at the NAV as a practical expedient.&#160;This practical expedient would not be used if it is determined to be probable that the investment contract would sell the investment for an amount different from the reported NAV.&#160;Participant transactions (purchases and sales) may occur daily.&#160;The CCT had no unfunded commitments as of December 31, 2024 and 2023.&#160;The CCT has no redemption notice period, but does have a 90 day restriction for amounts transferred to a competing fund. &#160; &#160;</font></div><div style="text-indent:58.5pt"><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">NAV as reported to the Plan by FMTC, represents contributions made under the contract, plus earnings, less participant withdrawals and administrative expenses.&#160;Participants may ordinarily direct the withdrawal or transfer of all or a portion of their investment at NAV.&#160;There are no reserves against NAV for credit risk of the contract issuer or otherwise.</font></div><div><font><br></font></div><div id="i00d574394f994f3e9e1ac874917989d1_28"></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:120%">4.  Investment Options </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">Each Plan participant may invest contributions in one or more of 28 investment options. A participant determines how each of his&#47;her accounts is divided among the different options, but any division of a participant&#8217;s allotment and Company contributions must be in whole percentages. Account balance transfers must be at least the greater of 1% of the account balance or $250.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">The Murphy Stock Fund (MSF), which is managed by FMTC, is a fund comprised of common stock of Murphy Oil Corporation. A participant withdrawing from MSF may elect to receive either cash or Murphy stock. If the participant elects to receive stock, the value of his&#47;her MSF withdrawal is converted to equivalent shares of stock based on the market price at the effective date of withdrawal, and the participant receives the whole shares and cash for any fractional share.</font></div><div><font><br></font></div><div id="i00d574394f994f3e9e1ac874917989d1_31"></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:120%">5.&#160;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%"> </font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Risk and Uncertainties</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%"> </font></div><div style="text-indent:45pt"><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">The Plan provides for investment in various investment securities.&#160;Investment securities, in general, are exposed to various risks, such as interest rate risk, credit risk, and overall market volatility.&#160;Due to the level of risk associated with certain investment securities, it is reasonably possible that changes in the values of investment securities will occur in the near term, and that such changes could materially affect participants&#8217; account balances and the amounts reported in the financial statements.</font></div><div><font><br></font></div><div style="height:72pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">10</font></div></div></div><div id="i00d574394f994f3e9e1ac874917989d1_34"></div><hr style="page-break-after:always"><div style="min-height:72pt;width:100%"><div style="text-align:center;text-indent:90pt"><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:120%">THE MURPHY OIL CORPORATION 401(K) PLAN</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Notes to Financial Statements</font></div><div><font><br></font></div></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:120%">6.&#160;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%"> </font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Related Party Transactions</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%"> </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">Fidelity Investments Institutional Operations Company, Inc. (FIIOC) handles record keeping and administration of the Plan.&#160;Certain of the Plan&#8217;s investment options are in mutual funds managed by Fidelity Management &#38; Research Company (FMRC).&#160;FIIOC and FMRC are both affiliates of FMTC, who is the Trustee for the Plan and also manages the MIP II, the MSF and the Murphy USA Stock Fund.&#160;FMRC&#8217;s fees were deducted from the earnings of the mutual funds it manages. The Plan received a credit of&#160;$122,107&#160;for trustee and recordkeeping fees. In addition, the Plan provides for investment in Murphy Oil Corporation common stock and participant notes receivable, which also qualify as party-in-interest transactions.&#160; </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">For the year ended December 31, 2024, contributions into the MSF totaled $792,702, while benefit payments out of the MSF totaled $4,725,108.&#160;During the year ended December 31, 2024, the Plan recorded $690,813 of dividend income from the MSF.&#160;These transactions are covered by exemptions from the prohibited transactions provisions of ERISA and the Internal Revenue Code of 1986, as amended.</font></div><div><font><br></font></div><div id="i00d574394f994f3e9e1ac874917989d1_37"></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:120%">7.&#160;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%"> </font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Income Taxes</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%"> </font></div><div style="text-indent:45pt"><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:112%">Although the Plan has been amended since receiving a favorable determination letter dated July 1, 2014, the Committee believes that the Plan meets the necessary requirements of Section 401(a) of the Internal Revenue Code of 1986, as amended, and accordingly, the Plan is exempt from taxation under the provisions of Section 501(a) of the Internal Revenue Code of 1986, as amended.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:112%">Accounting principles generally accepted in the United States of America require plan management to evaluate tax positions taken by the plan and recognize a tax liability if the plan has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS. The Plan is subject to routine audits by taxing jurisdictions&#59; however, there are currently no audits for any tax periods in progress.</font></div><div><font><br></font></div><div id="i00d574394f994f3e9e1ac874917989d1_40"></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:120%">8.&#160;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%"> </font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Investments at Fair Value</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%"> </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">The Company carries certain assets in its Statements of Net Assets Available for Benefits at fair value.</font></div><div style="text-indent:45pt"><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">The fair value hierarchy is based on the quality of inputs used to measure fair value, with Level 1 being the highest quality and Level 3 being the lowest quality.&#160;Level 1 inputs are quoted prices in active markets for identical assets or liabilities.&#160;Level 2 inputs are observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities&#59; quoted prices in markets that are not active&#59; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities.&#160;Level 3 inputs are unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities.</font></div><div><font><br></font></div><div style="height:72pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">11</font></div></div></div><hr style="page-break-after:always"><div style="min-height:72pt;width:100%"><div style="text-align:center;text-indent:90pt"><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:120%">THE MURPHY OIL CORPORATION 401(K) PLAN</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Notes to Financial Statements</font></div><div><font><br></font></div></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">Following is a description of the valuation methodologies used for instruments measured at fair value on a recurring basis and recognized in the accompanying Statements of&#160;Net Assets Available for Benefits, as well as the general classification of such instruments pursuant to the valuation hierarchy. There have been no significant changes in the valuation techniques during the year ended December 31, 2024.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">Where quoted market prices are available in an active market, securities are classified within Level 1 of the valuation hierarchy.&#160;Level 1 securities include common stock and mutual funds.&#160;If quoted market prices are not available, then fair values are estimated by using pricing models, quoted prices of securities with similar characteristics or discounted cash flows. In certain cases where Level 1 inputs are not available, securities or other investments would be classified within Level&#160;2 or Level 3 of the hierarchy. The Plan had no Level 2 or Level 3 investments at December 31, 2024 or 2023.</font></div><div style="text-indent:45pt"><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">There are no assets or liabilities measured at fair value on a nonrecurring basis.</font></div><div style="text-indent:58.5pt"><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">The following table presents the fair value measurements of assets recognized in the accompanying Statements of Net Assets Available for Benefits measured at fair value on a recurring basis and the level within the fair value hierarchy in which the fair value measurements fall at December 31, 2024 and 2023.</font></div><div><font><br></font></div><div><font style="font-family:'Arial',sans-serif;font-size:1pt;font-weight:400;line-height:120%"></font><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:32.135%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.385%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.005%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.385%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.005%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.385%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.005%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.385%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.010%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="21" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Fair Value Measurements Using</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Quoted Prices in Active Markets for Identical Assets</font></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Significant Other Observable Inputs</font></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Significant Unobservable Inputs</font></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">December 31, 2024</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fair Value</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(Level 1)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(Level 2)</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(Level 3)</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Common Stock</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">25,685,310&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">25,685,310&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mutual Funds</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">169,796,520&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">169,796,520&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Self-directed brokerage fund</font></div></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,776,956&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,776,956&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total assets in fair value hierarchy</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">197,258,786&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">197,258,786&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Investments measured at NAV </font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">1</font></div></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16,752,607&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Investments at Fair Value</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">214,011,393&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">197,258,786&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">December 31, 2023</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Common Stock</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">36,499,867&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">36,499,867&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mutual Funds</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">145,735,300&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">145,735,300&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Self-directed brokerage fund</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,264,534&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,264,534&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total assets in fair value hierarchy</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">183,499,701&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">183,499,701&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Investments measured at NAV </font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">1</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18,819,526&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Investments at Fair Value</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">202,319,227&#160;</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">183,499,701&#160;</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:5.85pt;font-weight:400;line-height:120%;position:relative;top:-3.15pt;vertical-align:baseline">1 </font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Certain investments that are measured at fair value using the NAV per share (or its equivalent) as a practical expedient have not been categorized in the fair value hierarchy.&#160;The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the amounts presented on the Statements of Net Assets Available for Benefits.</font></div><div style="padding-left:13.5pt"><font><br></font></div><div style="padding-left:13.5pt"><font><br></font></div><div style="height:72pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">12</font></div></div></div><hr style="page-break-after:always"><div style="min-height:72pt;width:100%"><div style="text-align:center;text-indent:90pt"><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:120%">THE MURPHY OIL CORPORATION 401(K) PLAN</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Notes to Financial Statements</font></div><div><font><br></font></div></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table summarizes investments for which fair value is measured using the NAV per share practical expedient as of December 31, 2024. There are no participant redemption restrictions for these investments&#59; the redemption notice period is applicable only to the Plan.</font></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.660%"><tr><td style="width:1.0%"></td><td style="width:18.510%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.548%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.420%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.548%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.618%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.398%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.917%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.917%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.924%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:400;line-height:100%">December 31, 2024</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:400;line-height:100%">December 31, 2023</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:400;line-height:100%">Unfunded Commitments</font></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:400;line-height:100%">Redemption Frequency</font></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:400;line-height:100%">Redemption Notice Period</font></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:400;line-height:100%">Managed Income Portfolio II Class 1</font></div></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:400;line-height:100%">16,752,607</font></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:400;line-height:100%">18,819,526</font></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:100%">&#8212;</font></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:400;line-height:100%">Daily</font></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:400;line-height:100%">1 Day</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="height:72pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">13</font></div></div></div><div id="i00d574394f994f3e9e1ac874917989d1_49"></div><hr style="page-break-after:always"><div style="min-height:72pt;width:100%"><div style="text-align:center"><font><br></font></div><div><font><br></font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:120%">THE MURPHY OIL CORPORATION 401(K) PLAN</font></div></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:400;line-height:120%">EIN 71-0361522, Plan 001</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Schedule H, Line 4i &#8211; Schedule of Assets (Held at End of Year)</font></div><div style="text-align:center;text-indent:36pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:400;line-height:120%">December 31, 2024 </font></div><div style="text-align:center;text-indent:36pt"><font style="font-family:'Arial',sans-serif;font-size:1pt;font-weight:400;line-height:120%"></font></div><div style="text-align:center"><font style="font-family:'Arial',sans-serif;font-size:1pt;font-weight:400;line-height:120%"></font><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:43.829%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:39.322%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.549%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Identity of Issuer</font></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Description of Investment</font></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Current Value</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fidelity 500 Index Fund &#185;</font></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mutual Fund, 270,858 shares</font></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">55,306,520&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Managed Income Portfolio II Class 1 &#185;</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Common&#47;Collective Trust, 16,752,607 shares</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16,752,607&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Murphy Stock Fund &#185;</font></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Common Stock Fund, 529,241 shares</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16,020,919&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fidelity Freedom 2040 Fund Class K6 &#185;</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mutual Fund, 1,057,581 shares</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12,162,177&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fidelity Mid Cap Index Fund &#185;</font></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mutual Fund, 356,874 shares</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12,051,640&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fidelity Freedom 2045 Fund Class K6 &#185;</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mutual Fund, 883,124 shares</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,842,689&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fidelity Freedom 2035 Fund Class K6 &#185;</font></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mutual Fund, 759,196 shares</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,835,864&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fidelity Freedom 2050 Fund Class K6 &#185;</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mutual Fund, 865,099 shares</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,782,650&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Murphy USA Stock Fund &#178;</font></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Common Stock Fund, 19,253 shares</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,664,391&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fidelity Freedom 2030 Fund Class K6&#185;</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mutual Fund, 439,259 shares</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,669,459&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fidelity Freedom 2055 Fund Class K6 &#185;</font></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mutual Fund, 441,876 shares</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,972,810&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fidelity Diversified International K6 Fund &#185;</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mutual Fund, 457,600 shares</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,479,623&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fidelity Small Cap Index Fund &#185;</font></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mutual Fund, 213,340 shares</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,905,252&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fidelity Freedom 2025 Fund Class K6 &#185;</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mutual Fund, 377,882 shares</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,124,080&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fidelity Government Money Market Fund Class K6 &#185;</font></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mutual Fund, 3,266,601 shares</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,266,601&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">PIMCO Total Return Fund Class A</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mutual Fund, 357,613 shares</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,032,556&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fidelity Freedom 2020 Fund Class K6 &#185;</font></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mutual Fund, 207,986 shares</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,970,041&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fidelity U.S. Bond Index Fund &#185;</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mutual Fund, 228,752 shares</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,337,849&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">MFS Massachusetts Investors Growth Stock Fund Class R6</font></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mutual Fund, 50,215 shares</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,221,502&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">PIMCO Income Fund Class A &#185;</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mutual Fund, 173,996 shares</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,830,442&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fidelity BrokerageLink &#185;</font></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Brokerage Fund, 1,776,956 shares</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,776,956&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fidelity Freedom 2060 Fund Class K6 &#185;</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mutual Fund, 119,006 shares</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,723,212&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fidelity Freedom Income Fund Class K6 &#185;</font></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mutual Fund, 140,755 shares</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,482,148&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Eaton Vance Large-Cap Value Fund Class R6</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mutual Fund, 54,991 shares</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,403,914&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fidelity Freedom 2015 Fund Class K6 &#185;</font></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mutual Fund, 72,036 shares</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">816,884&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fidelity Freedom 2065 Fund Class K6 &#185;</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mutual Fund, 48,233 shares</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">639,082&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fidelity International Index Fund &#185;</font></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mutual Fund, 11,305 shares</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">537,459&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fidelity GNMA &#185;</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mutual Fund, 27,335 shares</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">272,799&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fidelity Freedom 2010 Fund Class K6 &#185;</font></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mutual Fund, 9,273 shares</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">128,248&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fidelity Government Cash Reserves &#185;</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mutual Fund, 1,020 shares</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,020&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Participant Notes Receivable &#185;</font></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Interest 3.25%-8.50%, maturing through September 2039</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,205,448&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net assets at fair value</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">216,216,841&#160;</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="text-indent:36pt"><font style="font-family:'Arial',sans-serif;font-size:1pt;font-weight:400;line-height:120%"></font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:5.85pt;font-weight:400;line-height:120%;position:relative;top:-3.15pt;vertical-align:baseline">1</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> Party-in-interest.</font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:5.85pt;font-weight:400;line-height:120%;position:relative;top:-3.15pt;vertical-align:baseline">2 </font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">This fund is comprised of common stock of Murphy USA Inc. (MUSA). MUSA was wholly owned by Murphy prior to August 30, 2013, when Murphy&#8217;s stockholders received MUSA common stock in a spin-off transaction. These investments resulted from the spin-off of MSF held in the Master Trust at the date of distribution.&#160;The Master Trust was dissolved at the time of the spin-off transaction.&#160;No new investments are allowed in this fund.</font></div><div><font><br></font></div><div style="height:72pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">14</font></div></div></div><div id="i00d574394f994f3e9e1ac874917989d1_52"></div><hr style="page-break-after:always"><div style="min-height:72pt;width:100%"><div><font><br></font></div></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">Signature</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">Pursuant to the requirements of the Securities Exchange Act of 1934, the Employee Benefits Committee has&#160;duly caused this Annual Report to be signed on its behalf by the undersigned hereunto duly authorized.</font></div><div style="text-indent:72pt"><font><br></font></div><div style="text-indent:72pt"><font><br></font></div><div style="text-indent:72pt"><font><br></font></div><div style="text-indent:72pt"><font><br></font></div><div style="text-indent:72pt"><font><br></font></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.929%"><tr><td style="width:1.0%"></td><td style="width:27.708%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.385%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:63.607%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">The  Murphy Oil Corporation 401(k) Plan</font></div></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">Date&#58;&#160;June&#160;17, 2025</font></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">By</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">&#47;s&#47; Maria A. Martinez</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">Maria A. Martinez</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">Vice President, Human Resources and Administration, and Chair of Employee Benefits Committee, Murphy Oil Corporation</font></div></td></tr></table></div><div style="height:72pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">15</font></div></div></div></body></html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-23
<SEQUENCE>2
<FILENAME>a11-k401kmoc12312024xex23.htm
<DESCRIPTION>EX-23
<TEXT>
<html><head>
<!-- Document created using Wdesk -->
<!-- Copyright 2025 Workiva -->
<title>Document</title></head><body><div id="i59f516fc85064dc3a2c3c9a73772dc6a_1"></div><div style="min-height:42.75pt;width:100%"><div style="text-align:right"><font><br></font></div><div style="text-align:right"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Exhibit 23</font></div><div><font><br></font></div></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font><br></font></div><div><font><br></font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Consent of Independent Registered Public Accounting Firm</font></div><div><font><br></font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:112%">We hereby consent to incorporation by reference in the Registration Statement (No. 333-177206) on Form S-8 of Murphy Oil Corporation of our report dated June&#160;17, 2025, with respect to the statements of net assets available for benefits of The Murphy Oil Corporation 401(K) Plan, as of December 31, 2024 and 2023, and the related statement of changes in net assets available for benefits for the year ended December 31, 2024, and the supplemental schedule H, line 4i-schedule of assets (held at end of year) as of December 31, 2024, which is included in the December 31, 2024, Annual Report on Form 11-K of The Murphy Oil Corporation 401(K) Plan.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#47;s&#47; </font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:112%">Forvis Mazars, LLP</font></div><div><font><br></font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">Houston, TX</font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">June&#160;17, 2025 </font></div><div><font><br></font></div><div><font><br></font></div><div><font><br></font></div><div><font><br></font></div><div><font><br></font></div><div><font><br></font></div><div><font><br></font></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">16</font></div></div></div></body></html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>mur-20181231a.jpg
<TEXT>
begin 644 mur-20181231a.jpg
M_]C_X  02D9)1@ ! 0$ W #<  #_VP!#  (! 0(! 0(" @(" @(" P4# P,#
M P8$! ,%!P8'!P<&!P<("0L)" @*" <'"@T*"@L,# P,!PD.#PT,#@L,# S_
MVP!# 0(" @,# P8# P8," <(# P,# P,# P,# P,# P,# P,# P,# P,# P,
M# P,# P,# P,# P,# P,# P,# P,# S_P  1" $J ?$# 2(  A$! Q$!_\0
M'P   04! 0$! 0$           $" P0%!@<("0H+_\0 M1   @$# P($ P4%
M! 0   %] 0(#  01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T? D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0 'P$  P$! 0$!
M 0$! 0        $" P0%!@<("0H+_\0 M1$  @$"! 0#! <%! 0  0)W  $"
M Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O 58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H # ,!  (1 Q$ /P#]^****S-
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "N%\*?M+>!_''QIU_X=Z5K\%YXR\+P"YU+3EAE5K>,^7\P
MD*B-\&6,,$9BI8 X/%=U7YG?\$^_&<4W_!:/XVC4+B&&YU#^W=.LT/RF=H=3
M@*HH[L(8&8^R,:\O,,=+#U:-.-O?E9W[6Z>=['V'#/#=/,\'C\54;3P]+GBE
M;5\R6NCTM>]K/9WLM?TQHHHKU#X\**** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ H
MHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BB
MOAW]N[]C/XM^$_C'KWQS^!OC#6(?$5Y;6_\ :OAR/:QO5@A$&848&*?$85A!
M*A.X2,C,[)&./'8FI0I^TA!SUU2WMW2Z^A[W#N4X;,L5]4Q&)C0;7NRFGRN=
MTE&37P)IM\S32M9K4^XJ*_,+X6?\%_M>\-W:Z7\2/AS;W%U;W9AO;K1[E[*:
MU1<*P-I,'W2JP;(,T8).,+C)[[QW_P '!GP_T_1!)X9\"^,M7U+S #!J<MMI
MT 3G)\R-YVW#C V8.3R,<^;3XFRV4>9U+>33O^7Y7/KL1X/\6TJRHK".5]I1
ME!Q?G?F5O^WK'U?^V3^TOIW[)?[/'B#QG?26IN[.$P:5:S,!]OOG!$$(7<I8
M;OF<*=PC21OX37X;?LE_'R;]FG]I;PCX\VRW$>AZ@)+U%02RS6LBM%<J@8@&
M1H9) I) #$'-:?[7?[:'C;]M+QY#K7BVZMX[>P0Q:=I5DK1V6G*0-^Q6+$NY
M4%G8EB<#(545?):^!SS/GB\5&I1TC3^'O>][_@ON/Z<\-_#2&1Y-6PF86G4Q
M*M42V4;-*"?6RE*[[MI723?]*GASQ#8^+O#]CJVF74%]INIV\=W:7,+;H[B*
M10R.I[JRD$'T-7*_$#]AK_@JGXW_ &+=%_X1W[#:^+O!9F:=-+O+AX9K%F#E
MA:S@,(E>1E=D9'4E6*A&D=S]EV7_  <#?#!_#<4MQX-\>1:PUN&DMHX[22V2
M;;R@F,RLR!N-YC!(YV \5]O@>*L#6I*567)+JG?\'U_/R/YUXB\%>(\!BY4L
M'1=>E?W9Q:U73FBVFGWTM?9L^]*,U^5GB?\ X+1_&+]IWQ/IO@WX/^!['P[K
MFNLEO 4D&KW_ )H?>6C:1(X(X_+4AS+$RHF]RR8W+]=_\$\?V(?$W[+R>)/$
MWCWQIJ'C'QYXT$"ZG*U[-<V\4< 981YDOSS2!3C>X&T?(H !9^O"9U#%U>3"
M1<HK>6R7I?5ORLNYX>>^'N)R+ O$9U6A2K2MR44^><M4FWROEA%*[4KN[7+:
MY],4445[1^>A1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !
M1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%
M%% !1110 4444 %%%% !1110 4444 %%%% 'YS_\%OOV%[/5O"<GQF\-V\=O
MJ6EF.W\26\40 O868)'=Y'/F1L41N#N1@<J(CN_+>OZ%/VT<?\,=?%C=]W_A
M#=8SCT^Q35_/77Y9QA@Z='%JI3TYU=^O?Y_UN?VEX"Y_BL?D<\+BGS>PERQ;
MWY6KJ/\ VZ[V\K+9':?L^_ 7Q%^TU\6]'\%^%;>&?5]8D*J\\GEP6T:@M)-*
MW.U$4%C@%CC"JS%5/WQ\3O\ @WV.E?"MIO"?CRXU;QA9QO(\%_8I;66IG.5C
MCP[-;MMXRS2!FQG8"2.'_P"#?E--/[3?C)I6F_M@>&&%LH'[LP?:K?SB3_>#
M"#'L6K];*]'AO(,)BL&ZV(5W)M;VM;MY^O\ G?Y'Q:\3L\RC/XX#+)^SA349
M/W4^=RUUNOAMI96UN[WM;^:C6=&O/#FL76GZA:75AJ%A,]M<VUS$T4UM*C%7
MC=& *LK @J0"""#5:O?/^"HMKH=G^WW\3%\._9_[/;4D>7R&++]K:")KO.?X
MOM)FW#LV17$_L>64&I_M<?"RVNH8KBVN/%^DQRQ2H'CE1KV$,K \$$$@@\$5
M\74PW+B7AT]I<M_G:Y_0N#SCVV3PS64&N:DJG+LU>/-;UZ'[!?\ !-#]@C2O
MV-/A#;7E]:^;\0O$EK'-KEU-L9[(D!OL,14LHCC/#,K'S'7<3M$:I],4#I17
M[=A<+3PU)4:2LE_7WG^=6=9SB\UQM3,,=+FJ3=V_R2[)+1+HE8****Z#RPHH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
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MK\.W<-EXQU>[M]"\.S36GVF.*[F+.\A4_+F.WBN)%+@IO1 RL#M/U)7X/?\
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MCB8TYK[23^\]2<[TG*/8_'G_ (?Z?M:?]%8_\MC1O_D2C_A_I^UI_P!%8_\
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MJ^/*^P_^"!?_ "EH^$__ '%__3-?5]-B_P"!/T?Y'DT?XD?5'])-%%%?#GT
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MJYL9E.Z*XA?!VR1L PR"K<JZNC,K?R]_M6_LO^+/V-_CSKWP]\96L=OK6A3
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M_@@7_P HE_A/_P!Q?_T\WU>IG?\  7K^C.3 ?Q'Z?Y'X*?M[_LVM^R)^V/\
M$3X=B.2.S\.:O(NG"2=9Y&L)0)[-G=0 7-M+"6X&&)&!C%>O_P#!#/\ :?\
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M_P!N?\*R\(W/BK_A&_(_M+R;NWM_LOG^;Y6?.D3.[R9/NYQMYQD9\GK]AO\
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MJIM/^D?I)1117RI[ 4444 %%%% !1110 4444 %%%% !1110 4444 %%%&:
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M<L1_K&MO)4+DF2:,8P21_0]7MYIB*M.HH4WRI+2QP8.G"4'*2NSY>_X)M_\
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M:QXC\&:YK]C87%WI?AMK?^TYH8F<623LT<<DF 0D9D"Q[F(&^2->K@5^^O\
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M %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
M4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1
M110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%
M% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
M %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
M4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1
M110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%
M% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
M %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
*4444 %%%% '_V0$!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
