Murphy Oil Corp.

Murphy Oil Corp. announced today that its subsidiary, Murphy Exploration & Production Company - USA, has closed the previously announced transaction with a fund managed by ArcLight Capital Partners, LLC for the sale of Murphy's entire 50 percent interest in the King's Quay floating production system and associated export lateral pipelines to be located in the Gulf of Mexico. The King's Quay FPS and Associated Laterals [...]

Murphy Oil Corp. announced today that it has priced an offering of $550 million of 6.375% Senior Notes due 2028 pursuant to an effective shelf registration statement previously filed with the Securities and Exchange Commission . The Company expects to close the offering on March 5, 2021, subject to customary closing conditions, and expects to use the net proceeds from the offering, together with cash on hand, borrowings [...]

Murphy Oil Corp. announced today that, subject to market conditions, it intends to offer $550 million of Senior Notes due 2028 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, together with cash on hand, borrowings under its revolving credit facility or a combination thereof, to fund the full [...]

Murphy Oil Corp. today announced several compensation decisions, including changes to the compensation of the company's executives and to the director compensation program for 2021. The changes for 2021 are part of a multi-year review process, driven by changes in the company's asset portfolio, evolving industry practices and shareholder feedback. We believe the changes we have made serve to better align the compensation [...]

The Board of Directors of Murphy Oil Corp. today declared a quarterly cash dividend on the Common Stock of Murphy Oil Corp. of $0.125 per share, or $0.50 per share on an annualized basis. The dividend is payable on March 1, 2021, to stockholders of record as of February 16, 2021. 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, 2020, including a net loss attributable to Murphy of $172 million, or $1.11 net loss per diluted share. Adjusted net loss, which excludes discontinued operations and other one-off items, was $14 million, or $0.09 net loss per diluted share. Unless otherwise noted, the financial and operating highlights and [...]

Murphy Oil Corp. will host a conference call and webcast beginning at 9:00 a.m. Eastern Time on Thursday, January 28, 2021 to discuss fourth quarter 2020 earnings. 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 http://ir.murphyoilcorp.com. Date [...]

Murphy Oil Corp. today announced that Roger W. Jenkins, President and Chief Executive Officer, will present at the MKM Partners Virtual Conference on Tuesday, December 15, 2020, at 11:10 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 and production company [...]

Murphy Oil Corp. today announced its financial and operating results for the third quarter ended September 30, 2020, including a net loss attributable to Murphy of $244 million, or $1.59 net loss per diluted share. Adjusted net loss, which excludes discontinued operations and other one-off items, was $24 million, or $0.15 net loss per diluted share. Unless otherwise noted, the financial and operating highlights and [...]

The Board of Directors of Murphy Oil Corp. today declared a quarterly cash dividend on the Common Stock of Murphy Oil Corp. of $0.125 per share, or $0.50 per share on an annualized basis. The dividend is payable on December 1, 2020, to stockholders of record as of November 16, 2020. ABOUT MURPHY OIL CORPORATION As an independent oil and natural gas exploration and production company, Murphy Oil Corp. believes in providing [...]