What changed 10-K

Item 7A. Quantitative and Qualitative Disclosures About Market Risk

2024-02-23 compared with 2023-02-27 · 1 added, 1 removed, 9 unchanged (18% of the section changed)

1 unchanged sentence

The Company is exposed to market risks associated with prices of crude oil, natural gas and petroleum products, foreign currency exchange rates and interest rates.

As described in Note L , Murphy makes use of derivative financial and commodity instruments to manage risks associated with existing or anticipated transactions.

As described in Note K , Murphy periodically makes use of derivative financial and commodity instruments to manage risks associated with existing or anticipated transactions.

There were no outstanding crude oil derivative contracts as of December 31, 2023.

6 unchanged sentences

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.