Murphy Oil Corp.

Murphy Oil Corp. today announced that the Board of Directors has elected Paul D. Vaughan to serve as Vice President and Controller effective July 1, 2022. Mr. Vaughan succeeds Christopher D. Hulse, who is currently serving as Vice President and Controller and has notified the company of his decision to leave Murphy to pursue other opportunities. Mr. Hulse will relinquish his Controller position as of July 1, 2022, and [...]

Murphy Oil Corp. today announced that Roger W. Jenkins, President and Chief Executive Officer, will present at the J.P. Morgan 2022 Energy, Power & Renewables Conference on Thursday, June 23, 2022 at 11:00 a.m. Eastern Daylight Time . The live video 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 [...]

Murphy Oil Corp. today announced its financial and operating results for the first quarter ended March 31, 2022, including a net loss attributable to Murphy of $113 million, or $0.73 net loss per diluted share. Adjusted net income, which excludes discontinued operations and other one-off items, was $113 million, or $0.73 net income per diluted share. Unless otherwise noted, the financial and operating highlights and [...]

Murphy Oil Corp. announced today that it will redeem $200 million in aggregate principal amount of its 6.875% Senior Notes due 2024 on June 2, 2022, the redemption date for the Notes. The redemption price for the Notes called for redemption will be equal to 101.719% of the principal amount, plus accrued and unpaid interest, if any, to, but excluding, the redemption date in accordance with the terms of the Notes and the [...]

Murphy Oil Corp. announced today that it has achieved first oil from the Khaleesi, Mormont and Samurai field development project in the deepwater Gulf of Mexico, as production has begun flowing through the Murphy-operated King's Quay floating production system . The project is comprised of the Khaleesi / Mormont fields in Green Canyon blocks 389 and 478, respectively, and the Samurai field, located in Green Canyon Block [...]

The Board of Directors of Murphy Oil Corp. today declared a quarterly cash dividend on the Common Stock of Murphy Oil Corp. of $0.175 per share, or $0.70 per share on an annualized basis. This amount represents a 17 percent increase from the previous quarter and a 40 percent increase from fourth quarter 2021. The dividend is payable on June 1, 2022, to stockholders of record as of May 16, 2022. ABOUT MURPHY OIL [...]

Murphy Oil Corp. will host a conference call and webcast beginning at 9:00 a.m. Eastern Daylight Time on Wednesday, May 4, 2022 to discuss first quarter 2022 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 drilling has concluded at the Cutthroat-1 exploration well in block SEAL-M-428 in the Sergipe-Alagoas Basin offshore Brazil. While the presence of hydrocarbons was not found, the partner group will continue to integrate the exploration well data into its regional subsurface interpretation efforts in order to better understand the exploration potential of its deepwater blocks located [...]

Murphy Oil Corp. today announced that Roger W. Jenkins, President and Chief Executive Officer, will present at the Scotia Howard Weil Energy Conference on Tuesday, March 22, 2022 at 2:30 p.m. Eastern Daylight Time . The live video 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 [...]

Murphy Oil Corp. today announced that David R. Looney plans to retire from the company and will relinquish his position as Executive Vice President and Chief Financial Officer on June 30, 2022. The Board of Directors has elected Thomas J. "Tom" Mireles to serve as his replacement effective upon Mr. Looney's retirement. Mr. Mireles will assume Mr. Looney's responsibilities, as well as maintain oversight of the company's [...]