2013-09-04 17:32:03 -
EL DORADO, Arkansas, September 4, 2013 - Murphy Oil Corporation (NYSE:MUR)
announced today the allocation of tax basis resulting from the tax-free spin-off
Murphy USA Inc.
Based on the relative fair market values of the respective companies on
September 3, 2013, the first day of trading after distribution, 13.89 percent of
a stockholder's tax basis in Murphy Oil Corporation Common Stock should be
allocated to the shares of Common Stock in Murphy USA Inc. received pursuant to
the distribution described in the Information Statement of Murphy USA Inc. dated
August 21, 2013. A summary of material federal income tax consequences is
included in the Information Statement beginning on page 41.
A copy of the Form 8937, Report of Organizational Actions Affecting Basis of
Securities, is available in the Investor Relations section of
Corporation's website at www.murphyoilcorp.com.
For further information contact: Barry Jeffery at (870) 864-6501.
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Source: Murphy Oil Corp via Thomson Reuters ONE