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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenues    
Revenue from sales to customers $ 590,550 $ 396,329 [1]
Loss on crude contracts [1]   (29,502)
Gain on sale of assets and other income 454 7,963 [1]
Total revenues 591,004 374,790 [1]
Costs and expenses    
Lease operating expense 131,696 88,833 [1]
Severance and ad valorem taxes 10,097 12,157 [1]
Exploration expenses, including undeveloped lease amortization 32,538 28,738 [1]
Selling and general expenses 63,360 48,096 [1]
Depreciation, depletion and amortization 229,406 182,743 [1]
Accretion of asset retirement obligations 9,340 6,372 [1]
Other expense (benefit) 30,005 (11,045) [1]
Total costs and expenses 506,442 355,894 [1]
Operating income from continuing operations 84,562 18,896 [1]
Other income (loss)    
Interest and other income (loss) (4,748) 4,587 [1]
Interest expense, net (46,069) (44,541) [1]
Total other loss (50,817) (39,954) [1]
Income (loss) from continuing operations before income taxes 33,745 (21,058) [1]
Income tax expense (benefit) 10,822 (111,639) [1]
Income from continuing operations 22,923 90,581 [1]
Income from discontinued operations, net of income taxes 49,846 77,672 [1]
Net income including noncontrolling interest 72,769 168,253 [1]
Less: Net income attributable to noncontrolling interest 32,587  
NET INCOME ATTRIBUTABLE TO MURPHY $ 40,182 $ 168,253 [1]
INCOME (LOSS) PER COMMON SHARE - BASIC    
Continuing operations $ (0.06) $ 0.52 [1]
Discontinued operations 0.29 0.45 [1]
Net Income 0.23 0.97 [1]
INCOME (LOSS) PER COMMON SHARE - DILUTED    
Continuing operations (0.06) 0.52 [1]
Discontinued operations 0.29 0.44 [1]
Net Income 0.23 0.96 [1]
Cash dividends per Common share $ 0.25 $ 0.25 [1]
Average Common shares outstanding    
Basic 173,341,304 172,805,065
Diluted 174,491,343 174,619,524
[1] Reclassified to conform to current presentation (see Note A).