Murphy Oil Corp. announced today that it has revised its capital spending plans for 2020 given current market conditions and recent commodity price volatility. Murphy’s revised 2020 budget is approximately $950 million. The reduction of approximately $500 million equates to a nearly 35 percent revision from the midpoint of the previously announced corporate budget of $1.4 billion to $1.5 billion. Murphy will release [...]
Murphy Oil Corp. today announced that Roger W. Jenkins, President and Chief Executive Officer, will present at the Credit Suisse 25th Annual Energy Summit in Vail, Colorado on Monday, March 2, 2020 at 10:05 a.m. Eastern Time . The live audio webcast presentation will be available on the company’s website at http://ir.murphyoilcorp.com. ABOUT MURPHY OIL CORPORATION As an independent oil and natural gas exploration [...]
The Board of Directors of Murphy Oil Corp. today declared a quarterly cash dividend on the Common Stock of Murphy Oil Corp. of $0.25 per share, or $1.00 per share on an annualized basis. The dividend is payable on March 2, 2020, to stockholders of record as of February 18, 2020. ABOUT MURPHY OIL CORPORATION As an independent oil and natural gas exploration and production company, Murphy Oil Corp. believes in providing [...]
Murphy Oil Corp. today announced its financial and operating results for the fourth quarter ended December 31, 2019, including a net loss attributable to Murphy of $72 million, or $0.46 net loss per diluted share. Adjusted net income, which excludes discontinued operations and other one-off items, was $25 million, or $0.16 per diluted share. As previously announced, Murphy closed the Malaysia asset divestiture in the [...]
Murphy Oil Corp. will host a conference call and webcast beginning at 9:00 a.m. Eastern Time on Thursday, January 30, 2020 to discuss fourth quarter 2019 earnings and review year-end 2019 results. The Company plans to release its financial and operating results before the market opens that morning. A webcast link and related presentation material will be included on the Investors page of the company’s website at [...]
Murphy Oil Corp. announced today the early results and early settlement of its previously announced cash tender offers to purchase up to $550 million aggregate principal amount of its outstanding 4.000% Senior Notes due 2022 and 3.700% Senior Notes due 2022 . According to information received from Global Bondholder Services Corporation, the Depositary and Information Agent for the Tender Offers, as of 5:00 p.m., New York [...]
Murphy Oil Corp. announced today that it has priced an offering of $550 million of 5.875% Senior Notes due 2027 pursuant to an effective shelf registration statement previously filed with the Securities and Exchange Commission . The Company expects to close the offering on November 27, 2019, subject to customary closing conditions, and expects to use the net proceeds from the offering, plus cash on hand, to fund the [...]
Murphy Oil Corp. announced today that it has commenced cash tender offers to purchase up to $550 million aggregate principal amount of its outstanding 4.000% Senior Notes due 2022 and 3.700% Senior Notes due 2022 . The terms and conditions of the Tender Offers are described in an Offer to Purchase dated November 13, 2019 . The Company intends to fund the Tender Offers with the net proceeds of its proposed offering of debt [...]
Murphy Oil Corp. announced today that, subject to market conditions, it intends to offer $550 million of Senior Notes due 2027 pursuant to an effective shelf registration statement previously filed with the Securities and Exchange Commission . The Company expects to use the net proceeds from the offering, plus cash on hand, to fund the cash tender offers announced today to purchase up to $550 million aggregate principal [...]
Murphy Oil Corp. today reported financial and operating results for the quarter ended September 30, 2019, including net income attributable to Murphy of $1.1 billion, or $6.76 per diluted share. Adjusted net income, which excludes discontinued operations and other one-off items, was $57 million, or $0.36 per diluted share. As previously announced, Murphy closed the Malaysia asset divestiture in the third quarter for $2.0 [...]
Murphy Oil Corp. announced today that the Board of Directors has approved the election of Robert N. Ryan Jr. as director, effective October 1, 2019. “Bobby brings a wealth of experience to the board through his extensive, 39-year tenure in oil and natural gas operations, including knowledge of global exploration and energy policy,” stated Claiborne P. Deming, Chairman of the Board for [...]
The Board of Directors of Murphy Oil Corp. today declared a quarterly cash dividend on the Common Stock of Murphy Oil Corp. of $0.25 per share, or $1.00 per share on an annualized basis. The dividend is payable on December 2, 2019, to stockholders of record as of November 18, 2019. ABOUT MURPHY OIL CORPORATION Murphy Oil Corp. is a global independent oil and natural gas exploration and production company. The [...]
+16,39 %
+0,68 %
0,00 %
-32,14 %