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CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (UNAUDITED) - USD ($)
$ in Thousands
Total
Murphy Shareholders’ Equity
Common Stock
Capital in Excess of Par Value
Retained Earnings
Accumulated Other Comprehensive Loss
Treasury Stock
Noncontrolling Interest
Balance at beginning of period at Dec. 31, 2022       $ 893,578 $ 6,055,498 $ (534,686) $ (1,614,717) $ 154,119
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Restricted stock transactions and other       (42,415)        
Share-based compensation       10,788        
Net income attributable to Murphy and noncontrolling interest $ 289,930       289,930     16,239
Cash dividends paid         (85,867)      
Foreign currency translation (loss) gain, net of income taxes 36,752         36,752    
Retirement and postretirement benefit plans, net of income taxes           2,151    
Repurchase of common stock             0  
Awarded restricted stock, net of forfeitures             28,195  
Distributions to noncontrolling interest owners               (15,983)
Balance at end of period at Jun. 30, 2023 5,388,683 $ 5,234,308 $ 195,101 861,951 6,259,561 (495,783) (1,586,522) 154,375
Balance at beginning of period at Mar. 31, 2023       857,000 6,204,217 (529,919) (1,588,841) 167,110
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Restricted stock transactions and other       (2,321)        
Share-based compensation       7,272        
Net income attributable to Murphy and noncontrolling interest 98,286       98,286     (6,431)
Cash dividends paid         (42,942)      
Foreign currency translation (loss) gain, net of income taxes 33,083         33,083    
Retirement and postretirement benefit plans, net of income taxes           1,053    
Repurchase of common stock             0  
Awarded restricted stock, net of forfeitures             2,319  
Distributions to noncontrolling interest owners               (6,304)
Balance at end of period at Jun. 30, 2023 5,388,683 5,234,308 195,101 861,951 6,259,561 (495,783) (1,586,522) 154,375
Balance at beginning of period at Dec. 31, 2023 5,549,653     880,297 6,546,079 (521,117) (1,737,566) 186,859
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Restricted stock transactions and other       (70,486)        
Share-based compensation       17,050        
Net income attributable to Murphy and noncontrolling interest 217,741       217,741     53,179
Cash dividends paid         (91,545)      
Foreign currency translation (loss) gain, net of income taxes (52,352)         (52,352)    
Retirement and postretirement benefit plans, net of income taxes           1,824    
Repurchase of common stock (105,800)           (106,494)  
Awarded restricted stock, net of forfeitures             45,188  
Distributions to noncontrolling interest owners               (61,210)
Balance at end of period at Jun. 30, 2024 5,502,548 5,323,720 195,101 826,861 6,672,275 (571,645) (1,798,872) 178,828
Balance at beginning of period at Mar. 31, 2024       816,815 6,590,308 (555,735) (1,742,498) 188,514
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Restricted stock transactions and other       (99)        
Share-based compensation       10,145        
Net income attributable to Murphy and noncontrolling interest 127,739       127,739     28,523
Cash dividends paid         (45,772)      
Foreign currency translation (loss) gain, net of income taxes (16,824)         (16,824)    
Retirement and postretirement benefit plans, net of income taxes           914    
Repurchase of common stock             (56,445)  
Awarded restricted stock, net of forfeitures             71  
Distributions to noncontrolling interest owners               (38,209)
Balance at end of period at Jun. 30, 2024 $ 5,502,548 $ 5,323,720 $ 195,101 $ 826,861 $ 6,672,275 $ (571,645) $ (1,798,872) $ 178,828