EL DORADO, Arkansas, December 6, 2016 - The Board of Directors of Murphy Oil Corporation (NYSE: MUR) today announced that Elisabeth W. Keller has been elected to the company's Board of Directors and that Eugene T. "Gene" Coleman and Michael K. "Mike" McFadyen have been elected Executive Vice Presidents of the company. All elections are effective immediately. Currently, Ms. Keller is Chair of the Board of Directors of [...]
EL DORADO, Arkansas, December 5, 2016 - Murphy Oil Corp. (NYSE: MUR) today announced that a joint venture ("JV") led by its Mexican subsidiary, Murphy Sur, S. de R.L. de C.V., was the high bidder and is expected to be awarded Block 5 during Mexico's fourth phase, round one deepwater auction. Under the terms of the JV, Murphy will be the operator with a 30 percent working interest ("WI"), together with PC CARIGALI MEXICO [...]
EL DORADO, Arkansas, October 26, 2016 - Murphy Oil Corp. (NYSE: MUR) today announced its preliminary financial and operating results for the third quarter ended September 30, 2016, including a net loss of $16.2 million, or $0.09 per diluted share. Operating and financial highlights for the third quarter 2016 include: Produced volumes over 169.8 Mboepd in the third quarter Lowered G&A expense by 23 percent from third [...]
EL DORADO, Arkansas, October 6, 2016 - Murphy Oil Corp. (NYSE:MUR) has scheduled its third quarter 2016 earnings webcast and conference call at 1:00 p.m. Eastern Time (ET), on Thursday, October 27, 2016. Third quarter 2016 earnings will be announced after market close on Wednesday, October 26, 2016 and will be available on the company's website at http://ir.murphyoilcorp.com. Interested parties may participate by dialing [...]
EL DORADO, Arkansas, October 5, 2016 - The Board of Directors of Murphy Oil Corporation (NYSE: MUR) 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 December 1, 2016 to holders of record November 14, 2016. ABOUT MURPHY OIL CORPORATION Murphy Oil Corp. is a global independent oil and natural gas [...]
EL DORADO, Arkansas, August 30, 2016 - Murphy Oil Corp. (NYSE:MUR) announced today that Roger Jenkins, President and CEO, will present at the Barclays CEO Energy-Power Conference on Thursday, September 8, 2016, 11:05 a.m. Eastern Time (ET). The live audio webcast presentation will be available on the company's website at http://ir.murphyoilcorp.com with a replay available for 30 days following the event. ABOUT MURPHY OIL [...]
EL DORADO, Arkansas, August 12, 2016 - Murphy Oil Corp. (NYSE:MUR) announced it has priced an offering of $550 million of 6.875 percent Senior Notes that will mature in 2024 ("2024 notes"), an increase from the previously announced offering of $500 million, pursuant to an effective shelf registration statement previously filed with the Securities and Exchange Commission ("SEC"). The company expects to close the offering [...]
EL DORADO, Arkansas, August 10, 2016 - Murphy Oil Corp. (NYSE:MUR) announced, subject to market conditions, it intends to offer $500 million of Senior Notes that will mature in 2024 ("2024 notes") pursuant to an effective shelf registration statement previously filed with the Securities and Exchange Commission ("SEC"). The company expects to use the net proceeds from the offering of the 2024 notes for general corporate [...]
EL DORADO, Arkansas, August 10, 2016 - Murphy Oil Corp. (NYSE:MUR) announced that it has received commitments from certain members of its existing bank group and other new lenders to enter into a $1.2 billion revolving credit facility. The new revolving credit facility will be a senior unsecured guaranteed facility and will expire in August 2019. The company presently expects the facility to be undrawn at closing. "Given [...]
EL DORADO, Arkansas, August 3, 2016 - The Board of Directors of Murphy Oil Corporation (NYSE: MUR) 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. This represents approximately a 29 percent reduction from the previous quarterly level of $0.35 per share. The dividend is payable September 1, 2016 to holders of record August 15 [...]
EL DORADO, Arkansas, July 27, 2016 - Murphy Oil Corp. (NYSE: MUR) today announced its preliminary financial and operating results for the second quarter ended June 30, 2016, including net income of $3 million, or $0.02 per diluted share. Operating and financial highlights for the second quarter 2016 include: Closed the divestitures of Syncrude and Montney natural gas processing and sales pipeline assets generating [...]
Murphy Oil has scheduled its second quarter 2016 earnings webcast and conference call at 1:00 p.m. Eastern Time (ET), on Thursday, July 28, 2016. Second quarter 2016 earnings will be announced after market close on Wednesday, July 27, 2016 and will be available on the Company's website at http://ir.murphyoilcorp.com. Interested parties may participate by dialing 1-888-802-2266 and referencing reservation number 9900445 [...]
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