墨菲石油美股招股说明书(2026-01-12版)

We may redeem the notes at any time, in whole or in part, at the redemption prices described in this prospectus supplement. See“Description of the Notes.” The notes will be senior unsecured obligations of Murphy Oil Corporation and will rank equally with all of Murphy Oil Corporation’s othersenior unsecured indebtedness from time to time outstanding, and will be effectively junior to any future secured debt (to the extent of the assetssecuring such debt) and to all existing and future debt and other liabilities of, or guaranteed by, our subsidiaries (including their trade payables and ourrevolving credit facility). Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of thesesecurities or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense. See “Risk Factors” beginning on page S-14 of this prospectus supplement for a discussion of certain risks that you should considerin connection with making an investment in the notes. The notes will be a new issue of securities and currently there is no established trading market for the notes. We do not intend to list thenotes on any securities exchange or any automated dealer quotation system. (1)Plus accrued interest from January23, 2026, if settlement occurs after that date. The notes will be issued only in registered book-entry form, in minimum denominations of $2,000 and integral multiples of $1,000 in excessthereof. The underwriters expect to deliver the notes to purchasers through the facilities of The Depository Trust Company for the benefit of itsparticipants, including Euroclear Bank S.A./N.V. and Clearstream Banking,société anonyme, on or about January23, 2026, which is the tenth businessday following the date of this prospectus supplement (T+10). This settlement date may affect trading of the notes. See “Underwriting.” MUFG StandardCharteredBank We have not, and the underwriters have not, authorized anyone to provide any information other than that contained or incorporated byreference in this prospectus supplement, the accompanying prospectus or in any free writing prospectus prepared by or on behalf of us or to which wehave referred you. We do not, and the underwriters do not, take any responsibility for, and we cannot assure you as to the reliability of, any otherinformation that others may give you. We are not, and the underwriters are not, making an offer of these securities in any jurisdiction where the offer or sale is not permitted. Youshould not assume that the information contained in this prospectus supplement or the accompanying prospectus is accurate as of any date other than thedate of such document, as applicable, or, with respect to information incorporated by reference, as of the date of that information. Our business, financialcondition, results of operations and prospects may have changed since those respective dates. TABLE OF CONTENTS About This ProspectusWhere You Can Find More InformationForward-Looking StatementsNon-GAAP Financial MeasuresSummaryThe OfferingSummary Consolidated Historical Financial DataRisk FactorsUse of ProceedsCapitalizationDescription of the NotesMaterial U.S. Federal Income Tax Considerations for Non-U.S. HoldersUnderwritingLegal MattersExperts Prospectus About This ProspectusMurphy Oil CorporationWhere You Can Find More InformationSpecial Note on Forward-Looking StatementsUse of ProceedsDescription of Common StockDescription of Preferred StockDescription of Depositary SharesDescription of Debt SecuritiesDescription of WarrantsDescription of Purchase ContractsDescription of UnitsForms of SecuritiesPlan of DistributionValidity of SecuritiesExperts ABOUT THIS PROSPECTUS This document has two parts. The first part consists of this prospectus supplement, which describes the specific terms of this offering andthe notes offered. The second part is the accompanying prospectus, dated October15, 2024, which provides more general information, some of whichmay not apply to this offering. To the extent there is a conflict between the information contained in this prospectus supplement and the accompanyingprospectus or any document incorporated by reference herein that was filed with the Securities and Exchange commission (the “SEC”) prior to the dateof this prospectus supplement, you should rely on the information in this prospectus supplement. In this prospectus supplement, we refer to Murphy Oil Corporation and its wholly owned subsidiaries as “we,” “our,” “us,” the “Company,”“Murphy Oil” or “Murphy” unless the context clearly indicates otherwise, and except under the caption “Description of the Notes.” Before purchasing any notes, you should carefully read both this prospectus supplement and the accompanying prospectus, together with theadditional information in the documents we have listed under the heading “Where You Can Find More Information.” WHERE YOU CAN FIND MORE INFORMATION We fil