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Murphy Oil Corp (MUR.N)

MUR.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Murphy Oil Closes Gulf Of Mexico Joint Venture
Monday, 3 Dec 2018 05:50am EST 

Dec 3 (Reuters) - Murphy Oil Corp ::MURPHY OIL CLOSES GULF OF MEXICO JOINT VENTURE, PROVIDES UPDATED GUIDANCE AND ANNOUNCES NEW UNSECURED CREDIT FACILITY.MURPHY OIL CORP - EXPECTS Q4 PRODUCTION TO BE APPROXIMATELY 176,000 BARRELS OF OIL EQUIVALENT PER DAY (BOEPD).MURPHY OIL CORP - SEES FULL YEAR PRODUCTION TO BE APPROXIMATELY 171,000 BOEPD, NET TO MURPHY'S INTEREST.MURPHY OIL CORP - FULL YEAR CAPITAL EXPENDITURES ARE BEING INCREASED BY APPROXIMATELY $48 MILLION TO $1.23 BILLION.MURPHY OIL CORP - COMPANY PLANS TO DRILL TEN AND COMPLETE EIGHT ADDITIONAL WELLS IN 2018.MURPHY OIL - FOLLOWING CLOSING OF JV, AVERAGE Q4 PRODUCTION IN GULF OF MEXICO TO INCREASE BY ABOUT 13,000 BOEPD, NET TO MURPHY'S INTEREST.MURPHY OIL CORP - CLOSING OF NEW $1.6 BILLION FIVE-YEAR SENIOR UNSECURED REVOLVING CREDIT FACILITY.MURPHY OIL CORP - EFFECTIVE NOVEMBER 28, NEW REVOLVING CREDIT FACILITY REPLACES PREVIOUS $1.1 BILLION UNSECURED FACILITY.  Full Article

Murphy Oil Says David Looney To Succeed John Eckart as CFO
Wednesday, 21 Feb 2018 04:40pm EST 

Feb 21 (Reuters) - Murphy Oil Corp ::MURPHY OIL CORPORATION BOARD OF DIRECTORS ELECTS DAVID R. LOONEY EXECUTIVE VICE PRESIDENT AND CFO TO SUCCEED JOHN W. ECKART.MURPHY OIL CORP - ECKART WILL RELINQUISH HIS POSITION AS CHIEF FINANCIAL OFFICER ON MARCH 1, 2018.  Full Article

Murphy Oil Corp CFO ‍John Eckart To Retire
Monday, 12 Feb 2018 04:57pm EST 

Feb 12 (Reuters) - Murphy Oil Corp ::MURPHY OIL CORPORATION ANNOUNCES CFO INTENTION TO RETIRE.MURPHY OIL CORP - ‍ECKART IS EXPECTED TO SERVE IN HIS CURRENT ROLE UNTIL SUCH TIME AS A SUCCESSOR IS NAMED AND OTHERWISE ASSIST IN TRANSITION​.MURPHY OIL CORP - ‍JOHN W. ECKART, CFO, HAS INFORMED COMPANY OF HIS INTENTION TO RETIRE DURING 2018​.  Full Article

Murphy Oil Q4 Loss Per Share $1.65 From Continuing Operations
Wednesday, 31 Jan 2018 05:30pm EST 

Jan 31 (Reuters) - Murphy Oil Corp ::ORATION ANNOUNCES PRELIMINARY FOURTH QUARTER AND FULL YEAR 2017 FINANCIAL AND OPERATING RESULTS, 2018 CAPITAL INVESTMENT PROGRAM.Q4 ADJUSTED EARNINGS PER SHARE $0.08 EXCLUDING ITEMS.Q4 LOSS PER SHARE $1.65 FROM CONTINUING OPERATIONS.Q4 EARNINGS PER SHARE VIEW $-0.06 -- THOMSON REUTERS I/B/E/S.‍PRODUCTION IN Q4 2017 AVERAGED 168 THOUSAND BARRELS OF OIL EQUIVALENT PER DAY​.PLANNING 2018 CAPITAL EXPENDITURES TO BE $1,056 MILLION.QTRLY ‍ADJUSTED INCOME EXCLUDES IMPACT FROM TAX CUTS AND JOBS ACT OF $274 MILLION​.PRODUCTION FOR Q1 2018 IS ESTIMATED TO BE IN RANGE OF 164 TO 168 MBOEPD.SEES FULL YEAR 2018 PRODUCTION TO BE IN RANGE OF 166 TO 170 MBOEPD.QTRLY TOTAL REVENUE $541.6 MILLION VERSUS $481.6 MILLION.Q4 REVENUE VIEW $573.9 MILLION -- THOMSON REUTERS I/B/E/S.WILL RECEIVE CASH REFUNDS OF $30 MILLION OVER NEXT FOUR YEARS RELATING TO ALTERNATIVE MINIMUM TAXES PAID IN AN EARLIER YEAR.  Full Article

Keyera Announces Natural Gas Handling Agreements And Capital Investments At Its Simonette Gas Plant
Thursday, 30 Nov 2017 04:05pm EST 

Nov 30 (Reuters) - Keyera Corp ::KEYERA ANNOUNCES NATURAL GAS HANDLING AGREEMENTS AND CAPITAL INVESTMENTS AT ITS SIMONETTE GAS PLANT.KEYERA CORP - PLANS TO ENHANCE ITS SIMONETTE GAS PLANT OPERATIONS WITH IMPROVED INLET LIQUIDS HANDLING FACILITIES AND ACID GAS INJECTION FACILITIES.KEYERA CORP - NOW EXPECTS TO INVEST GROWTH CAPITAL OF BETWEEN $800 MILLION AND $900 MILLION IN 2018.KEYERA- ‍ ENTERED 10-YEAR GAS HANDLING AGREEMENTS WITH ATHABASCA OIL, MURPHY OIL TO PROCESS NATURAL GAS PRODUCTION FROM THEIR MONTNEY, DUVERNAY OPERATIONS​.KEYERA CORP - INVESTMENTS AT SIMONETTE GAS PLANT OPERATIONS ARE EXPECTED TO COST BETWEEN $85 MILLION AND $100 MILLION AND BE OPERATIONAL IN FIRST HALF OF 2019.  Full Article

Murphy Oil Corp reports Q3 adjusted loss per share $0.03 excluding items
Wednesday, 1 Nov 2017 05:00pm EDT 

Nov 1 (Reuters) - Murphy Oil Corp :Murphy Oil Corp announces third quarter 2017 financial and operating results.Q3 adjusted loss per share $0.03 excluding items.Q3 loss per share $0.38 from continuing operations.Q3 earnings per share view $-0.15 -- Thomson Reuters I/B/E/S.Murphy Oil Corp - ‍production in q3 2017 averaged 154 thousand barrels of oil equivalent per day​.Murphy Oil Corp - production for the fourth quarter 2017 is estimated in the range of 170 mboepd to 172 mboepd.Murphy Oil Corp - tightening estimated full year 2017 production guidance to be in the range of 164 mboepd‍​ to 165 mboepd‍​.Murphy Oil Corp - fy capital expenditure guidance is being increased by about $50 million to $940 mln‍​.Murphy oil corp qtrly ‍total revenues $498.3 million versus $485.5 million​.  Full Article

Murphy Oil ‍board declares quarterly cash dividend of $0.25 per share​
Wednesday, 4 Oct 2017 10:21am EDT 

Oct 4 (Reuters) - Murphy Oil Corp : :Murphy Oil Corp - ‍Board declared a quarterly cash dividend on common stock of murphy oil corporation of $0.25 per share​.  Full Article

Murphy Oil Corp announces strategic entry into deep water Brazil
Wednesday, 27 Sep 2017 05:58pm EDT 

Sept 27 (Reuters) - Murphy Oil Corp :Murphy Oil Corporation announces strategic entry into deep water Brazil.Murphy Oil Corp - co and its partners are high bidder in brazil's round 14 lease sale for blocks seal-m-501 and seal-m-503.Murphy Oil - ‍entered into farm-in agreement with Queiroz galvão exploração e produção to acquire 20 percent working interest in blocks seal-m-351, seal-m-428.Murphy Oil Corp - QGEP will retain 30 percent wi in blocks seal-m-351, seal-m-428.Murphy Oil Corp - ‍Exxonmobil exploração brasil ltda has farmed into the remaining 50 percent working interest in blocks seal-m-351, seal-m-428 as operator ​.Murphy Oil Corp - ​enters into‍ farm-in agreement with queiroz galvão exploração e produção through its Brazilian unit.  Full Article

Murphy Oil announces pricing of $550 mln of notes due 2025
Friday, 4 Aug 2017 04:15pm EDT 

Aug 4 (Reuters) - Murphy Oil Corp ::Murphy Oil Corporation announces pricing of $550 million of notes due 2025.Murphy Oil Corp - ‍priced an offering of $550 million of 5.750 percent notes that will mature in 2025​.Murphy Oil Corp - ‍expects to close offering on August 18, 2017​.  Full Article

Murphy Oil reports offering of $550 mln of senior notes due 2025
Thursday, 3 Aug 2017 04:15pm EDT 

Aug 3 (Reuters) - Murphy Oil Corp ::Murphy Oil Corporation announces offering of $550 million of senior notes due 2025.Murphy Oil Corp - expects to use net proceeds from offering of 2025 notes in order to redeem company's 2.500 percent notes due december 2017.  Full Article

Murphy Oil raises full-year production outlook

Murphy Oil Corp on Monday raised its fourth-quarter and full-year production forecast, following the closing of a deal to form a Gulf of Mexico joint venture with Brazil's state-run Petroleo Brasileiro SA.