SEC Form SC 13G/A filed

2/10/21 3:05:19 PM ET

Oil & Gas Production

Energy

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SC 13G/A 1 mur13g06.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 6) MURPHY OIL CORP (Name of Issuer) Common Shares (Title of Class of Securities) 626717102 (CUSIP Number) December 31, 2020 (Date of Event which Requires Filing of This Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |X| Rule 13d-1(b) | | Rule 13d-1(c) | | Rule 13d-1(d) CUSIP No. 626717102 -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON Hotchkis and Wiley Capital Management, LLC S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 95-4871957 -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)|_| (b)| | -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER 4,747,766 SHARES BENEFICIALLY ---------------------------------------------------------- OWNED BY 6 SHARED VOTING POWER 0 EACH REPORTING ---------------------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER 5,169,104 WITH ---------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 0 -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,169,104 shares (Ownership disclaimed pursuant to Section 13d-4 of the 1934 Act) -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ___ -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 3.37% -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON IA -------------------------------------------------------------------------------- Item 1(a). Name of Issuer: MURPHY OIL CORP Item 1(b). Address of Issuer's Principal Executive Offices: 9805 Katy Freeway Suite G-200 Houston, Texas 77024 Item 2(a). Name of Person Filing: Hotchkis and Wiley Capital Management, LLC Item 2(b). Address of Principal Business Office or, if none, Residence: 601 S. Figueroa Street 39th Fl, Los Angeles, CA 90017 Item 2(c). Citizenship: Delaware Item 2(d). Title of Class of Securities: Common Shares Item 2(e). CUSIP Number: 626717102 Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a: (a)/ / Broker or dealer registered under Section 15 of the Exchange Act. (b)/ / Bank as defined in Section 3(a)(6) of the Exchange Act. (c)/ / Insurance company as defined in Section 3(a)(19) of the Exchange Act. (d)/ / Investment company registered under Section 8 of the Investment Company Act. (e)/X/ An investment adviser in accordance with Rule 13d-1(b)(1)(ii) (E). (f)/ / An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F). (g)/ / A parent holding company or control person in accordance with Rule 13d-1(b)(ii)(G). (h)/ / A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act. (i)/ / A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act. (j)/ / Group, in accordance with Rule 13d-1(b)(1)(ii)(J). Item 4(a). Amount beneficially owned: 5,169,104 (Ownership disclaimed pursuant to Section 13d-4 of the 1934 Act) Item 4(b). Percent of class: 3.37% Item 4(c). Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 4,747,766 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 5,169,104 (iii) Shared power to dispose or to direct the disposition of: 0 Note that certain of HWCM's clients have retained voting power over the Common Shares that they beneficially own. Accordingly, HWCM has the power to dispose of more Common Shares than it can vote. Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [X] Item 6. Ownership of More than Five Percent on Behalf of Another Person. Not Applicable Item 7. Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. Not Applicable Item 8. Identification and Classification of Members of the Group. Not Applicable Item 9. Notice of Dissolution of Group. Not Applicable Item 10. Certification. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: February 10, 2021 Signature: /s/ Tina H. Kodama Name/Title: Tina H. Kodama Chief Compliance Officer

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Recent Analyst Ratings for

$MUR

Date	Price Target	Rating	Analyst
3/13/2026	$33.00	Underweight → Equal Weight	Barclays
3/12/2026	$41.00	Neutral → Overweight	Piper Sandler
11/18/2025	$34.00	Overweight → Neutral	Piper Sandler
5/21/2025		Accumulate → Hold	Johnson Rice
5/15/2025	$25.00	Buy → Neutral	Roth Capital
5/13/2025	$31.00	Outperform → Neutral	Mizuho
4/23/2025	$32.00 → $24.00	Equal Weight → Underweight	Barclays
4/21/2025		Overweight → Sector Weight	KeyBanc Capital Markets

More analyst ratings

SEC Form SC 13G/A filed

2/10/21 3:05:19 PM ET

$MUR

Oil & Gas Production

Energy

Get the next $MUR alert in real time by email

Recent Analyst Ratings for

$MUR

Date	Price Target	Rating	Analyst
3/13/2026	$33.00	Underweight → Equal Weight	Barclays
3/12/2026	$41.00	Neutral → Overweight	Piper Sandler
11/18/2025	$34.00	Overweight → Neutral	Piper Sandler
5/21/2025		Accumulate → Hold	Johnson Rice
5/15/2025	$25.00	Buy → Neutral	Roth Capital
5/13/2025	$31.00	Outperform → Neutral	Mizuho
4/23/2025	$32.00 → $24.00	Equal Weight → Underweight	Barclays
4/21/2025		Overweight → Sector Weight	KeyBanc Capital Markets

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Insider Trading

Senior Vice President Hanchera Daniel R sold $1,598,924 worth of shares (47,320 units at $33.79), decreasing direct ownership by 57% to 36,166 units (SEC Form 4)

Senior Vice President Martinez Maria A sold $300,650 worth of shares (8,608 units at $34.93), decreasing direct ownership by 15% to 50,000 units (SEC Form 4)

Director Murphy Robert Madison gifted 43,148 shares (SEC Form 4)

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SEC Filings

SEC Form 144 filed by Murphy Oil Corporation

SEC Form 10-K filed by Murphy Oil Corporation

SEC Form SCHEDULE 13G filed by Murphy Oil Corporation

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Press Releases

Murphy Oil Corporation to Host a Webinar Series Focused on the Company's Offshore Strategy and Vietnam Business

Murphy Oil Corporation Announces Results of Caracal Exploration Well in Côte d'Ivoire

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Insider Purchases

Director Nolan Jeffrey W bought $233,947 worth of shares (10,000 units at $23.39) (SEC Form 4)

Vice President Palanivelu Meenambigai converted options into 4,946 shares, covered exercise/tax liability with 2,160 shares and bought $41,999 worth of shares (1,573 units at $26.70), increasing direct ownership by 13% to 37,065 units (SEC Form 4)

Director Deming Claiborne P bought $2,651,415 worth of shares (100,000 units at $26.51), increasing direct ownership by 11% to 981,651 units (SEC Form 4)

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Financials

Murphy Oil Corporation to Host a Webinar Series Focused on the Company's Offshore Strategy and Vietnam Business

Murphy Oil Corporation Announces Results of Caracal Exploration Well in Côte d'Ivoire

Quarterly Stockholder Update by Murphy Oil Corporation

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Large Ownership Changes