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Acquisition (Tables)
3 Months Ended
Mar. 31, 2019
Acquisition [Abstract]  
Preliminary Purchase Price Allocation



 

 

(Thousands of dollars)

 

 

Cash consideration paid to PAI

$

788,724 

Fair value of net assets contributed

 

154,469 

Contingent consideration

 

52,540 

NCI in acquired assets

 

248,933 

Total purchase consideration

$

1,244,666 

 

 

 

(Thousands of dollars)

 

 

Fair value of Property, plant and equipment

$

1,627,429 

Other assets

 

5,628 

Less:  Asset retirement obligations

 

(388,391)

Total net assets

$

1,244,666 



Pro Forma Financial Information



 

 



Three Months Ended

(Thousands of dollars, except per share amounts)

 

March 31, 2018

Revenues

$

579,080 

Net Income Attributable to Murphy

 

211,497 



 

 

Net Income Attributable to Murphy per Common Share

 

 

Basic

$

1.22 

Diluted

 

1.21