Murphy Oil

Murphy Oil Corp. is a holding company, which engages in the exploration and production of oil and natural gas. It operates through the Exploration and Production and Corporate and Other segment. The Exploration and Production segment includes the United States, Canada, and all other countries. The Corporate and Other segment focuses on interest income, other gains and losses, interest expense, and unallocated overhead. The company was founded by Charles H. Murphy Jr. in 1950 and is headquartered in Houston, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Murphy Oil reports strong Q4 performance, eyes growth opportunities

Murphy Oil's Q4 performance reflects growth in production and net income, supported by successful projects and debt reduction achievements.
The company's focus on shareholder returns through the Murphy 2.0 framework and exploration for better returns highlights strategic priorities.
Challenges in Eagle Ford production and offshore business require mitigation strategies, while opportunities in Gulf of Mexico and Montney assets offer growth potential.
Balancing CapEx, buyback plans, and maintaining stability while pursuing M&A activities are key considerations for Murphy Oil's future success.

Murphy Oil (MUR) excels in Q1 2023, prioritizes debt reduction

Murphy Oil (MUR) delivered a robust performance in Q1 2023, surpassing production targets and focusing on debt reduction efforts. With a strategic emphasis on operational efficiency, sustainability, and cost advantage in offshore operations, the company is poised for growth through exploration activities and production enhancements.

Murphy Oil surpasses Q2 expectations, eyes growth in key regions

Murphy Oil's Q2 performance exceeded expectations, with strong production and robust financial results. The company's strengths lie in its strategic projects, sustainability efforts, and commitment to shareholder value.
Challenges include investor concerns over financial metrics and the need for efficient resource allocation. However, opportunities in exploration and operational growth present avenues for future success.
Overall, Murphy Oil's focus on operational excellence, international expansion, and prudent financial management positions it well for sustained growth and value creation in the energy sector.

Murphy Oil excels in Q3 with strong earnings and growth projects

Murphy Oil demonstrated strong operational and financial performance in Q3 2023, exceeding production guidance and reporting solid earnings.
The company's focus on debt reduction, shareholder returns, and growth projects in Vietnam and Cote d'Ivoire positions it for future success.
Challenges lie in maintaining financial discipline amidst market uncertainties and effectively managing exploration risks.
Overall, Murphy Oil's strategic initiatives and performance in Q3 reflect a balanced approach towards sustainable growth and value creation.

Murphy Oil (MUR) reduces debt, faces well challenges, eyes exploration

Murphy Oil (MUR) made significant progress in debt reduction and production in Q4 2023.
Despite challenges with well completion and downtime, the company remains focused on sustainability.
Opportunities lie in exploration plans in the Gulf of Mexico and Vietnam for high returns.
Maintaining a strong balance sheet and returning cash to shareholders are key priorities.

Murphy Oil exceeds Q1 expectations, focuses on growth and sustainability

Murphy Oil's Q1 2024 performance reflects operational strength, solid financial results, and a commitment to shareholder value and sustainability.
The company's strategic focus on exploration, production optimization, and community support positions it well for growth and resilience.
While facing challenges in addressing shareholder inquiries and balancing environmental goals with operational needs, Murphy Oil has opportunities for expansion and efficiency gains.
Overall, Murphy Oil's Q1 earnings call highlights a balanced approach to growth, financial stability, and environmental responsibility, setting a positive tone for future prospects.

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Roger Jenkins steps down as CEO, with Eric Hambly taking over. Murphy Oil aims for organic growth while maintaining exposure to potential elephants. The company is buying back stock due to undervaluation.

Murphy Oil Corporation: CEO Change Will Now Occur

Murphy Oil Corporation (NYSE:MUR ) Q3 2024 Results Conference Call November 7, 2024 9:00 AM ET Company Participants Kelly Whitley - VP, Investor Relations and Communications Roger Jenkins - Chief Executive Officer Tom Mireles - EVP and CFO Eric Hambly - President and COO Conference Call Participants Neal Dingmann - Truist Securities Carlos Escalante - Wolfe Research, LLC Leo Mariani - ROTH MKM Paul Cheng - Scotia Howard Weil Tim Rezvan - KeyBanc Arun Jayaram - J.P. Morgan Operator Good morning, ladies and gentlemen, and welcome to the Murphy Oil Corporation Third Quarter 2024 Earnings Conference Call and Webcast.

Murphy Oil Corporation (MUR) Q3 2024 Earnings Call Transcript

MUR's third-quarter earnings are lower than expected. The lower contribution from Eagle Ford Shale and Gulf of Mexico region has adversely impacted results.

Murphy Oil Q3 Earnings Lag Estimates, Revenues Decline Y/Y

Murphy Oil (MUR) came out with quarterly earnings of $0.74 per share, missing the Zacks Consensus Estimate of $0.76 per share. This compares to earnings of $1.59 per share a year ago.

Murphy Oil (MUR) Misses Q3 Earnings Estimates

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the third quarter ended September 30, 2024, including net income attributable to Murphy of $139 million, or $0.93 net income per diluted share. Excluding discontinued operations and other items affecting comparability between periods, adjusted net income attributable to Murphy was $111 million, or $0.74 adjusted net income per diluted share. Unless otherwise noted, the financial.

Murphy Oil Corporation Announces Third Quarter 2024 Financial and Operating Results

MUR's third-quarter earnings are expected to have benefited from strong domestic volumes, while unplanned storm downtime and drop in prices might offset some positives.

Murphy Oil to Post Q3 Earnings: What's in Store for the Stock?

Murphy Oil (MUR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Murphy Oil (MUR) to Report a Decline in Earnings: What to Look Out for

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) (“Murphy” or the “Company”) announced today the early tender results of its previously announced series of tender offers (the “Tender Offers”) to purchase for cash up to $600,000,000 aggregate principal amount (the “Maximum Aggregate Cap”) of certain of its outstanding series of senior notes listed in the table below (collectively, the “Notes”). The Tender Offers are being made pursuant to the terms and conditions set forth in the Off.

Murphy Oil Corporation Announces Early Results of Cash Tender Offers for Outstanding Debt Securities

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) 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 and a leader of its worldwid.

Murphy Oil Corporation Announces the Election of New Director

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) 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 in a non-executive role as an a.

Murphy Oil Corporation Names Eric M. Hambly as President and Chief Executive Officer

HOUSTON--(BUSINESS WIRE)--The Board of Directors of Murphy Oil Corporation (NYSE: MUR) 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 in providing energy that empowe.

Murphy Oil Corporation Announces Quarterly Dividend

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) will host a conference call and webcast beginning at 9:00 a.m. Eastern Standard Time (EST) 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 http://ir.murphyoilcorp.com. Date: Thursday, Novemb.

Murphy Oil Corporation Schedules Third Quarter 2024 Earnings Release and Conference Call

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (the “Company”) (NYSE: MUR) 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 (“SEC”). 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 (i) fund the p.

Murphy Oil Corporation Announces Pricing of $600 Million of 6.000% Senior Notes Due 2032

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) (“Murphy” or the “Company”) announced today the commencement of a series of tender offers to purchase for cash up to $600,000,000 aggregate principal amount (the “Maximum Aggregate Cap”) certain of its outstanding series of senior notes listed in the table below (collectively, the “Notes”).           Dollars per $1,000 Principal Amount of Notes(3) Title of Security CUSIP Number Principal Amount Outstanding Maximum SubCap(1) Acceptance.

Murphy Oil Corporation Announces Cash Tender Offers for Outstanding Debt Securities

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (the “Company”) (NYSE: MUR) 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 (“SEC”). The Company expects to use the net proceeds from the offering, together with cash on hand, to (i) fund the cash tender offers (the “Tender Offers”) announced today to purchase up to $600 m.

Murphy Oil Corporation Announces Offering of $600 Million of Senior Notes Due 2032

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) 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 (EDT). 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 Corporation belie.

Murphy Oil Corporation to Participate in Upcoming Conference

The market was spooked by a lower-than-expected production guidance. But long-term growth projects are underway. Murphy Oil is a small offshore player that handles risk well. Offshore production in Vietnam is set to begin in 2026.

Murphy Oil: A Contrarian Idea

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Wall Street's Most Accurate Analysts Spotlight On 3 Energy Stocks Delivering High-Dividend Yields

Murphy Oil Corporation (NYSE:MUR ) Q2 2024 Earnings Conference Call August 8, 2024 9:00 AM ET Company Participants Kelly Whitley - VP, Investor Relations and Communications Roger Jenkins - Chief Executive Officer Eric Hambly - President and COO Tom Mireles - EVP and CFO Conference Call Participants Neal Dingmann - Truist Securities Arun Jayaram - J.P. Morgan Neil Mehta - Goldman Sachs Carlos Escalante - Wolfe Research, LLC Paul Cheng - Scotia Howard Weil Leo Mariani - ROTH MKM Charles Meade - Johnson Rice & Company Josh Silverstein - UBS Operator Good morning, ladies and gentlemen, and welcome to the Murphy Oil Corporation Second Quarter 2024 Earnings Conference Call.

Murphy Oil Corporation (MUR) Q2 2024 Earnings Call Transcript

Murphy Oil's (MUR) second-quarter earnings are better than estimates. The company continues to reduce its debts and raise shareholder value through buybacks.

Murphy Oil (MUR) Earnings Beat in Q2 on Strong Production

Murphy Oil (MUR) came out with quarterly earnings of $0.81 per share, beating the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.79 per share a year ago.

Murphy Oil (MUR) Beats Q2 Earnings Estimates

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) today 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, the financial and.

Murphy Oil Corporation Announces Second Quarter 2024 Financial and Operational Results, Revises Capital Allocation Framework to Accelerate Shareholder Returns, Increases Share Repurchase Authorization

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) announced today that it released the 2024 Sustainability Report, which covers the company's environmental, social and governance (ESG) 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 this past year. Murphy's.

Murphy Oil Corporation Releases 2024 Sustainability Report

Murphy Oil's (MUR) second-quarter earnings are expected to have been driven by strong production volumes from its domestic and international assets.

News for Murphy Oil Stock (MUR)