Murphy Oil Corp.

Murphy Oil Corp. announced today that a subsidiary has signed a sale and purchase agreement to divest the fully issued share capital of its two primary Malaysian subsidiaries, Murphy Sabah Oil Co., Ltd. and Murphy Sarawak Oil Co., Ltd., to a subsidiary of PTT Exploration and Production Public Company Limited . PTTEP will pay Murphy US$2.127 billion in an all-cash transaction, payable upon closing and subject to customary [...]

Murphy Oil Corp. today announced that Roger W. Jenkins, President & CEO, will present at the Credit Suisse 24th Annual Energy Summit in Vail on Wednesday, February 13, 2019, at 8:40 a.m. Mountain Time. The presentation will not be webcast; however a copy of the presentation slides will be available Wednesday, February 13, 2019 on the company’s website at http://ir.murphyoilcorp.com. ABOUT MURPHY OIL CORPORATION [...]

Murphy Oil Corp. announced today that Eugene T. Coleman, Executive Vice President, Exploration & Business Development, has elected to retire effective February 28, 2019, after 17 years of service at Murphy and more than 38 years of energy industry experience. At that time, the responsibility for Exploration will be assumed by Michael K. McFadyen, Executive Vice President, Offshore, and the responsibility for Business [...]

The Board of Directors of Murphy Oil Corporation today declared a quarterly cash dividend on the Common Stock of Murphy Oil Corporation of $0.25 per share, or $1.00 per share on an annualized basis. The dividend is payable on March 1, 2019, to stockholders of record as of February 19, 2019. ABOUT MURPHY OIL CORPORATION Murphy Oil Corp. is a global independent oil and natural gas exploration and production company. The [...]

Murphy Oil Corp. today announced its financial and operating results for the fourth quarter ended December 31, 2018, including net income attributable to Murphy, which excludes noncontrolling interest, of $103 million, or $0.59 per diluted share. Net income including noncontrolling interest was $112 million. With the close of the previously announced Gulf of Mexico transaction in the fourth quarter 2018, and in accordance [...]

Murphy Oil Corp. today announced it will host a conference call and webcast for investors and analysts on January 31, 2019 at 9:00 a.m. Eastern Time to discuss fourth quarter 2018 earnings. Senior management will review year-end 2018 results as well as provide 2019 guidance. A webcast link and related presentation material will be accessible on the Investors page of the company’s website at [...]

Murphy Oil Corp. announced today that its wholly owned subsidiary, Murphy Exploration & Production Company - USA, has closed the previously announced strategic deep water Gulf of Mexico joint venture with Petrobras America Inc. , a subsidiary of Petrobras for net cash consideration of approximately $795 million. The transaction has an effective date of October 1, 2018. Murphy’s net cash consideration, after [...]

Murphy Oil Corp. today announced its financial and operating results for the third quarter ended September 30, 2018, including net income of $94 million, or $0.54 per diluted share. Third quarter highlights and recent announcements include: Financial highlights for the third quarter include: Generated net income of $94 million, or $0.54 per diluted share Achieved oil price realization of over $69 per barrel, which is the [...]

Murphy Oil Corp. announced today that its wholly owned subsidiary, Murphy Exploration & Production Company - USA, has entered into a definitive agreement to form a new joint venture company with Petrobras America Inc. , a subsidiary of Petrobras . The joint venture company will be comprised of Gulf of Mexico producing assets from Murphy and PAI with Murphy overseeing the operations. The transaction will have an effective [...]

Murphy Oil Corp. today announced it will release third quarter 2018 earnings after market close on November 7, 2018. The company will host a conference call and webcast for investors and analysts beginning at 11:00 a.m. Eastern Time , on November 8, 2018. A webcast link and related presentation material will be accessible on the Investors page of the company’s website at http://ir.murphyoilcorp.com. Date: Thursday [...]