Murphy Oil Corp. announced today the election of Robert B. Tudor, III, to the Company's Board of Directors, effective October 2, 2024. Mr. Tudor is the founder and CEO of Artemis Energy Partners, an investing and advisory platform focused on companies involved in the global energy markets. He is also a retired Founder and CEO of Tudor, Pickering, Holt & Co. Prior to forming TPH, Mr. Tudor was a Partner at Goldman Sachs [...]
Murphy Oil Corp. today announced today that its Board of Directors has appointed Eric M. Hambly, Murphy's current President and Chief Operating Officer, to succeed Roger W. Jenkins as the company's President and Chief Executive Officer, effective January 1, 2025. In addition, Mr. Hambly will become a member of the Board of Directors. Mr. Jenkins will retire from the Board on December 31, 2024. He will remain with Murphy [...]
The Board of Directors of Murphy Oil Corp. today declared a quarterly cash dividend on the Common Stock of Murphy Oil Corporation of $0.30 per share, or $1.20 per share on an annualized basis. The dividend is payable on December 2, 2024, to stockholders of record as of November 18, 2024. ABOUT MURPHY OIL CORPORATION As an independent oil and natural gas exploration and production company, Murphy Oil Corporation believes [...]
Murphy Oil Corp. will host a conference call and webcast beginning at 9:00 a.m. Eastern Standard Time on Thursday, November 7, 2024 to discuss third quarter 2024 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 posted to the Investor Relations page of the company's website at [...]
Murphy Oil Corp. announced today that it has priced an offering of $600 million of 6.000% Senior Notes due 2032 pursuant to an effective shelf registration statement previously filed with the Securities and Exchange Commission . The Company expects to close the offering on October 3, 2024, subject to customary closing conditions, and expects to use the net proceeds from the offering, together with cash on hand, to fund [...]
Murphy Oil Corp. announced today the commencement of a series of tender offers to purchase for cash up to $600,000,000 aggregate principal amount certain of its outstanding series of senior notes listed in the table below . Dollars per $1,000 Principal Amount of Notes Title of Security CUSIP Number Principal Amount Outstanding Maximum SubCap Acceptance Priority Level Tender Offer Consideration Early Tender Premium Total [...]
Murphy Oil Corp. announced today that, subject to market conditions, it intends to offer $600 million of Senior Notes due 2032 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, to fund the cash tender offers announced today to purchase up to $600 million aggregate [...]
Murphy Oil Corp. today announced that Roger W. Jenkins, Chief Executive Officer, will present at the Barclays 38th Annual CEO Energy-Power Conference on Wednesday, September 4, 2024 at 3:00 p.m. Eastern Daylight Time . The 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 announced its financial and operating results for the second quarter ended June 30, 2024, including net income attributable to Murphy of $128 million, or $0.83 net income per diluted share. Excluding discontinued operations and other items affecting comparability between periods, adjusted net income attributable to Murphy was $124 million, or $0.81 adjusted net income per diluted share. Unless otherwise noted [...]
Murphy Oil Corp. announced today that it released the 2024 Sustainability Report, which covers the company's environmental, social and governance performance and progress on established targets. The report is available here, along with a summary fact sheet. "Our team continues its legacy of operational excellence by making great strides in operating more sustainably for the long term, and I am pleased at what we achieved [...]
The Board of Directors of Murphy Oil Corp. today declared a quarterly cash dividend on the Common Stock of Murphy Oil Corporation of $0.30 per share, or $1.20 per share on an annualized basis. The dividend is payable on September 3, 2024, to stockholders of record as of August 19, 2024. ABOUT MURPHY OIL CORPORATION As an independent oil and natural gas exploration and production company, Murphy Oil Corporation believes in [...]
Murphy Oil Corp. will host a conference call and webcast beginning at 9:00 a.m. Eastern Daylight Time on Thursday, August 8, 2024 to discuss second quarter 2024 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 posted to the Investor Relations page of the company's website at http://ir.murphyoilcorp.com [...]