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United States

Murphy Oil Corp (MUR.N)

MUR.N on New York Stock Exchange

26.19USD
22 Sep 2017
Change (% chg)

$-0.10 (-0.38%)
Prev Close
$26.29
Open
$26.21
Day's High
$26.41
Day's Low
$26.02
Volume
457,814
Avg. Vol
1,146,021
52-wk High
$35.09
52-wk Low
$22.21

Latest Key Developments (Source: Significant Developments)

Murphy Oil cuts quarterly cash dividend
Wednesday, 3 Aug 2016 04:48pm EDT 

Murphy Oil Corp : Decision to reduce dividend was "based on lack of a sustained recovery in commodity prices" . Sets quarterly cash dividend of $0.25 per share .New dividend represents approximately a 29 percent reduction from previous quarterly level of $0.35 per share.  Full Article

Murphy Oil Corp reports Q2 earnings per shr $0.02
Wednesday, 27 Jul 2016 05:22pm EDT 

Murphy Oil Corp says - : Murphy Oil Corporation announces preliminary second quarter 2016 financial and operating results . Q2 adjusted loss per share $0.36 excluding items . Q2 earnings per share view $-0.39 -- Thomson Reuters I/B/E/S . Q2 earnings per share $0.02 . Q2 revenue $1.15 billion . Q2 revenue view $503.2 million -- Thomson Reuters I/B/E/S . Capital expenditure guidance for full-year 2016 is being maintained at $620 million . Full-year 2016 is estimated in range of 173,000 - 177,000 BOEPD . Q2 2016 production averaged approximately 168,600 barrels of oil equivalent per day . Production for Q3 2016 is estimated in range of 167,500 - 169,500 BOEPD .Exited Q2 with total debt of $2.46 billion and $399 million of cash.  Full Article

Murphy Oil reduces Q2 production forecast by 8,400 boepd
Thursday, 23 Jun 2016 06:10pm EDT 

Murphy Oil Corp : Q2 production guidance will be reduced by 8,400 barrels oil equivalent per day .As a result of sale of interest in Syncrude Canada and recent wildfires in Syncrude region, q2 production guidance will be reduced.  Full Article

Murphy Oil Corp closes Kaybob Duvernay, Placid Montney joint venture
Friday, 13 May 2016 05:02pm EDT 

Murphy Oil Corp : Over remainder of 2016, we plan to spend approximately US$40 million on completions, infrastructure and facilities . Current net production is approximately 4,000 BOEPD in Kaybob Duvernay Lands, which will add about 2,100 BOEPD to co's Q2 production .Murphy oil corporation closes Kaybob Duvernay and liquids rich Placid Montney joint venture.  Full Article

Murphy Oil Corp announces dividend
Wednesday, 3 Feb 2016 11:39am EST 

Murphy Oil Corp:Declared a quarterly cash dividend on the Common Stock of Murphy Oil Corporation of $0.35 per share, or $1.40 per share on an annualized basis.Dividend is payable March 1, 2016 to holders of record February 16, 2016.  Full Article

Athabasca Oil Corp announces C$475 million light oil joint venture with Murphy Oil
Wednesday, 27 Jan 2016 05:15pm EST 

Athabasca Oil Corp:Announces C$475 million light oil joint venture with Murphy Oil.Agreement with Murphy Oil Co unit to Murphy Oil Corp to form strategic joint venture to develop duvernay,montney in kaybob area.Deal for C$475 million net (C$800 million gross) consideration.Unit will pay approximately C$250 million in cash to Athabasca at closing.Says Athabasca will retain operatorship of the regional midstream infrastructure in the near term.Additional consideration of C$225 million will be in form of capital carry in duvernay.Murphy will fund 75% of athabasca's share of development capital up to a maximum five year period.Under deal,says co is selling a 70% working interest in production, acreage and infrastructure within the greater kaybob area.  Full Article

Enbridge Inc acquires Montney Natural Gas assets from a subsidiary of Murphy Oil Corp
Wednesday, 27 Jan 2016 05:15pm EST 

Enbridge Inc:Says $538 million acquisition of Tupper Main and Tupper West gas plants and associated pipelines in northeastern B.C., from Canadian subsidiary of Murphy Oil Corporation.Purchase price will initially be funded from available sources of liquidity.  Full Article

Murphy Oil Corp gives Q4 2015 production guidance; raises FY 2015 production guidance
Wednesday, 28 Oct 2015 04:20pm EDT 

Murphy Oil Corp:Increases FY 2015 production guidance to a range of 205 thousand to 209 thousand boepd.Expects Q4 2015 production to be 199 thousand boepd.  Full Article

Murphy Oil Corp announces dividend
Wednesday, 7 Oct 2015 07:55pm EDT 

Murphy Oil Corp:Declares a quarterly cash dividend on the Common Stock of Murphy Oil Corporation of $0.35 per share, or $1.40 per share on an annualized basis. The dividend is payable Dec. 1, to holders of record Nov. 16.  Full Article

BRIEF-Murphy Oil announces pricing of $550 mln of notes due 2025

* Murphy Oil Corporation announces pricing of $550 million of notes due 2025