FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person * MONTGOMERY K. TODD   2. Issuer Name and Ticker or Trading Symbol MURPHY OIL CORP /DE [MUR] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Senior Vice President (Last) (First) (Middle) 300 PEACH STREET, P.O. BOX 7000 3. Date of Earliest Transaction (Month/Day/Year) 02/03/2017 (Street) EL DORADO, AR 71731-7000 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 02/03/2017   M   3,352 (1) A $ 0 7,827 D   Common Stock 02/03/2017   F(2)   917 D $ 29.485 6,910 D   Common Stock 02/03/2017   M   15,000 A (3) 21,910 D   Common Stock 02/03/2017   D   15,000 D $ 29.485 (4) 6,910 D

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Restricted Stock Unit (5)

(6)

02/03/2017

M

3,000 (1)

(6)

(6)

Common Stock

3,000

$ 0

26,000

D

Phantom Stock Unit (7)

(3)

02/03/2017

M

15,000

(7)

(7)

Common Stock

15,000

(3)

0

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
MONTGOMERY K. TODD 300 PEACH STREET P.O. BOX 7000 EL DORADO, AR 71731-7000			Senior Vice President

Signatures

/s/ E. Ted Botner, attorney-in-fact		02/07/2017
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Represents time-based Restricted Stock Units (RSUs) that have vested and settled in shares of the Company's stock on a one-for-one basis. Pursuant to the terms of the time-based grant awarded under the 2012 Long-Term Incentive Plan, the total includes 100% of the original award, plus shares equivalent in value to accumulated dividends.
(2)	Shares withheld for taxes on RSU vesting.
(3)	Each phantom stock unit is the economic equivalent of one (1) share of Murphy Oil Corporation common stock. On February 3, 2017, 15,000 of the reporting person's phantom stock units were settled for cash.
(4)	The phantom stock units were paid in cash based on the average high/low MUR price on February 3, 2017.
(5)	Time-based restricted stock unit award granted under the 2012 Long-Term Incentive Plan.
(6)	These Securities generally do not carry a Conversion Price, Exercisable Date, or Expiration Date.
(7)	Time-lapse award received on 2/4/2014; payable in cash on 2/3/2017 or forfeited if not with the Company at that time.

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