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MURPHY OIL ANNOUNCES DIVIDEND

EL DORADO, Arkansas, February 4, 2015 - 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 $0.35 per share, or $1.40 per share on an annualized basis.  The dividend is payable March 2, 2015 to holders of record February 17, 2015.

For further information contact Barry Jeffery, Vice President, Investor Relations at 870-864-6501.


HUG#1891791
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