Debt ManagementMUR has successfully completed a tender offer for $520 million of its senior notes, indicating effective debt management.
Exploration SuccessMUR announced an oil discovery at its Hai Su Vang-1X exploration well offshore Vietnam, which could support a future commercial development.
Share BuybacksMUR repurchased $194mm worth of stock in 3Q, well in excess of FCF, indicating a strong commitment to return cash to shareholders.