MURPHY OIL CORP — Director's Dealing 2012

Jan 31, 2012

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: MURPHY OIL CORP /DE (MUR)
CIK: 0000717423
Period of Report: 2011-12-31

Reporting Person: COSSE STEVEN A (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-12-31	Common Stock	J	280	—	Acquired	10962	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-12-31	Phantom Stock Unit	$0	J	19	Acquired		Common Stock (19)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	62679	Direct

Footnotes

F1: Shares obtained through Company Thrift Plan.

F2: Each phantom stock unit is the economic equivalent of one (1) share of Murphy Oil Corporation common stock.

F3: The reported phantom stock units were acquired under Murphy Oil Corporation's excess benefit plan and are to be settled in cash upon the reporting person's retirement or other termination of service. The reporting person may transfer the value of his phantom stock units into an alternative investment acount at any time prior to settlement.