Net Income Per Common Share

3 Months Ended

Mar. 31, 2026

Note J – Net Income Per Common Share

Net income attributable to Murphy was used as the numerator in computing both basic and diluted income per common share for the three-month periods ended March 31, 2026 and 2025. The following table reconciles the weighted-average shares outstanding used for these computations.


	Three Months Ended March 31,
(Weighted-average shares, except per share amounts)		2026		2025
Basic method		143,081,801		144,283,946
Dilutive restricted stock units		1,298,790		788,142
Diluted method		144,380,590		145,072,088

NET INCOME PER COMMON SHARE – BASIC		$	0.37	$	0.51



NET INCOME PER COMMON SHARE – DILUTED		$	0.37	$	0.50