The Board of Directors of Murphy Oil Corporation (NYSE: MUR) today declared a quarterly cash dividend on the Common Stock of Murphy Oil Corporation of $0.25 per share, or $1.00 per share on an annualized basis. The dividend is payable on June 3, 2019, to stockholders of record as of May 20, 2019.

ABOUT MURPHY OIL CORPORATION

Murphy Oil Corporation is a global independent oil and natural gas exploration and production company. The company’s diverse resource base includes production from North America onshore plays in the Eagle Ford Shale, Kaybob Duvernay, Tupper Montney and Placid Montney, as well as offshore Gulf of Mexico, Canada and Southeast Asia. Additional information can be found on the company’s website at http://www.murphyoilcorp.com.

Investor Contacts:Kelly Whitley, kelly_whitley@murphyoilcorp.com, 281-675-9107Bryan Arciero, bryan_arciero@murphyoilcorp.com, 832-319-5374

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