Murphy Oil announced today that its wholly owned subsidiary, Murco Petroleum Limited, was unable to complete the sale of the Milford Haven refinery and terminal assets to Klesch Refining Limited by the October 31, 2014 deadline.
Murphy Oil announced today that net income was $245.7 million in the 2014 third quarter, down from $284.8 million in the third quarter 2013. Income from continuing operations in the 2014 third quarter was $271.0 million compared to $265.0 million earned in the third quarter a year ago. Adjusted earnings, which exclude both the results of discontinued operations and certain other items that affect comparability of results [...]
Murphy Oil announced today that Roger Jenkins, President and CEO, will present at the Bank of America Merrill Lynch 2014 Global Energy Conference on Friday November 14, 2014 at 8:45 a.m. EST. The live audio webcast presentation will be available on the Company's website at http://ir.murphyoilcorp.comwith a replay available for 30 days after the event. Murphy Oil is an independent exploration and production company with a [...]
Murphy Oil has scheduled its earnings conference call at 12:00 p.m. Central Daylight Time (CDT), on Thursday, October 30, 2014 to review third quarter 2014 earnings, which will be announced Wednesday afternoon October 29, 2014. Interested parties may participate by dialing 1-877-723-9518 and referencing reservation number 6263299. The live audio webcast and presentation materials can be accessed through the Investor [...]
Murphy Oil announced today that the Board of Directors declared a quarterly cash dividend on the Common Stock of Murphy Oilof $0.35 per share, or $1.40 per share on an annualized basis. The dividend is payable December 1, 2014 to holders of record November 14, 2014.In an operational update, the Company confirmed the successful closing on the sale of the U.K. retail gasoline network on September 30, 2014 to Motor Fuel [...]
Murphy Oil announced today that its wholly owned subsidiaries, Murphy Sabah Oil Co., Ltd. and Murphy Sarawak Oil Co., Ltd., have entered into an agreement with PT Pertamina Malaysia Eksplorasi Produksi to sell 30% of Murphy's Malaysian oil and gas assets for an aggregate sales price of $2.0 billion in an all cash transaction, subject to customary closing costs and adjustments for the period from effective date to closing.
Murphy Oil announced today that Roger Jenkins, President and CEO, will present at the Barclays CEO Energy-Power Conference on Wednesday September 3, 2014 at 11:05 a.m. Eastern Daylight Time (EDT).
EL DORADO, Arkansas, August 11, 2014 - Murphy Oil Corp. (NYSE:MUR) announced that its wholly-owned subsidiary, Murco Petroleum Limited ("Murco"), has signed an agreement to sell its retail gasoline assets to Motor Fuel Group. This transaction is scheduled to close no later than September 30, 2014.
Murphy Oil announced that its Board of Directors has approved a share buyback program of up to $500 million of the Company's shares of common stock over the next year. Murphy may utilize a number of different methods to effect the repurchases, including but not limited to, open market purchases, accelerated share repurchases and negotiated block purchases, and some of the repurchases may be effected through Rule [...]
EL DORADO, Arkansas, July 31, 2014 - Murphy Oil Corp. (NYSE:MUR) announced that its wholly-owned subsidiary, Murco Petroleum Limited ("Murco"), has signed an agreement to sell its Milford Haven refinery and terminal assets to Klesch Refinery, Ltd. Pending regulatory approval and subject to other material conditions, this transaction is scheduled to close no later than October 31, 2014.
Murphy Oil announced today that net income was $129.4 million ($0.72 per diluted share) in the 2014 second quarter, down from $402.6 million ($2.12 per diluted share) in the second quarter 2013. Income from continuing operations in the 2014 second quarter was $142.7 million ($0.79 per diluted share) compared to $259.9 million ($1.37 per diluted share) earned in the second quarter a year ago.
EL DORADO, Arkansas, June 26, 2014 - Murphy Oil Corp. (NYSE:MUR) has scheduled its earnings conference call at 12:00 p.m. Central Daylight Time (CDT), on Thursday, July 31, 2014 to review second quarter 2014 earnings, which will be announced Wednesday afternoon July 30, 2014.
Interested parties may participate by dialing 1-877-329-7568 and referencing reservation number 9711325. The live audio webcast and presentation [...]