Murphy Oil Corp. (NYSE:MUR) (“Murphy”) announced today that the Board of Directors, consistent with the previous announcement on May 6, 2013, has named Roger Jenkins to the position of President and Chief Executive Officer, effective August 30, 2013. Jenkins will succeed Steven A. Cossé who is stepping down effective the same date. Mr. Jenkins has also been elected to the Board of Directors and the Executive Committee [...]
Murphy Oil Corp. (NYSE: MUR) announced today that net income was $402.6 million ($2.12 per diluted share) in the 2013 second quarter, up from $295.4 million ($1.52 per diluted share) in the second quarter 2012. Net income in the 2013 quarter included income from discontinued operations of $70.5 million ($0.37 per diluted share) compared to income from discontinued operations of $4.1 million ($0.02 per diluted share) in [...]
Murphy Oil has scheduled its conference call at 12:00 p.m. Central Daylight Time (CDT) on Thursday, August 1, 2013 to review second quarter 2013 earnings, which will be announced Wednesday afternoon July 31, 2013. Marketwire is handling arrangements for the call. Interested parties may participate by dialing 1-877-856-1968 and referencing reservation number 3576715. The call will also b
Murphy Oil, announced today ten directors who are expected to serve on the Board for Murphy USA Inc., after completion of a spin off later this year. Murphy USA Inc., currently a subsidiary of Murphy Oil Corporation, will become a stand-alone company focused primarily on the marketing of retail fuel and convenience merchandise. R. Madison Murphy will serve as Chairman of
Murphy Oil announced today, through its wholly owned subsidiary, Murphy Australia WA-408-P Oil Pty Ltd., the well results of the non-operated Bassett West-1 well in the Browse basin offshore Western Australia. The well encountered over 20 feet of net gas condensate pay. The partnership group will be performing further technical assessment to evaluate the potential for improved reservoir development across this la
Murphy Oil Corporation (NYSE:MUR) ('the Company?) announced today that it has entered into a variable term, capped accelerated share repurchase transaction (the 'ASR?) with Merrill Lynch International to repurchase an aggregate of $250 million of the Company′s c ...
Murphy Oil Corporation (NYSE: MUR) ('Murphy?) has received notification of an unsolicited 'mini-tender? offer by TRC Capital Corporation to purchase up to 2 million shares, or approximately 1.05 percent, of Murphy′s outstanding common stock at $61.00 per share, ...
Murphy Oil Corporation (NYSE: MUR) ('Murphy?) announced today that its President and Chief Executive Officer, Steve Coss?, has informed the Murphy Board of Directors that he intends to step down from that position following the completion of the previously announced ...
Murphy Oil Corporation (NYSE: MUR) announced today that net income in the first quarter of 2013 was $360.6 ?million ($1.88 per diluted share), compared to net income of $290.1 ?million ($1.49 per diluted share) in the first quarter of 2012. The first quarter of 2013 inclu ...
Murphy Oil Corporation (NYSE:MUR) has scheduled its conference call at 12:00 p.m. Central Daylight Time (CDT) on Thursday, May 2, 2013 to review first quarter 2013 earnings, which will be announced Wednesday afternoon, May 1, 2013. Marketwire is handling arrangements for ...
The Board of Directors of ?Murphy ?Oil Corporation (NYSE: MUR) today declared a quarterly dividend on the Common Stock of Murphy Oil Corporation of $0.3125 per ?share, or $1.25 per share on an annualized basis. The dividend is payable June 3, 2013 to holders of record May ...
Shares of oil refiners have slid this past week on concerns that rising renewable fuel credits would begin to pressure margins. The Environmental Protection Agency has propped refineries raising the U.S. ethanol mandate to over 14 billion gallons, compared with 13.2 billion gallons in 2012. Research Driven Investing examines investing opportunities in the Oil & Gas Refining & Marketing Industry and provides equity [...]
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