MURPHY OIL CORPORATION (NYSE:MUR) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07. Submission of Matters to a Vote of Stockholders
The following information is furnished to Item 5.07, “Submission of Matters to a Vote of Security Holders.”
On May10, 2017, Murphy Oil Corporation held its 2017 Annual Meeting of Stockholders.
Regarding an advisory vote by stockholders on the frequency of an advisory vote on executive compensation, 139,084,064 shares were voted in favor of an annual vote, 181,313 shares were voted in favor of a vote each two years, 6,731,559 shares were voted in favor of a vote each three years and 336,682 shares abstained.
In view of the fact that the frequency receiving the highest number of votes at the 2017 Annual Meeting of Stockholders was for an annual advisory vote on executive pay (the “say-on-pay” advisory vote), the Board of Directors of Murphy Oil Corporation determined to hold the say-on-pay advisory vote every year.
About MURPHY OIL CORPORATION (NYSE:MUR)
Murphy Oil Corporation is an oil and gas exploration and production company. The Company’s exploration and production business explores for and produces crude oil, natural gas and natural gas liquids across the world. The Company’s exploration and production activities are subdivided into four geographic segments, including the United States, Canada, Malaysia and all other countries. The Company’s principal exploration and production activities are conducted in the United States by Murphy Exploration & Production Company-USA (Murphy Expro USA), in Malaysia, Australia, Brunei, Vietnam, and Namibia by Murphy Exploration & Production Company-International (Murphy Expro International) and its subsidiaries, and in Western Canada and offshore Eastern Canada by Murphy Oil Company Ltd. (MOCL) and its subsidiaries. The Company’s crude oil, condensate and natural gas liquids production averages to approximately 136,634 barrels per day.
