by - August 6, 2020 12:17 pm
Murphy Oil posted an adjusted second quarter loss of $109.8 million as low energy prices resulting from COVID-19 economic disruptions reduced revenue and created the need to shut-in some wells….
by - May 24, 2020 10:00 am
Murphy Oil Corp. announced last week that Walter K. Compton, Executive Vice President and General Counsel, will retire from the company effective June 1, 2020. The current Vice President, Law…
by - March 12, 2020 7:49 am
Murphy Oil Corp. said Thursday (March 12) it will revise its capital spending plans for 2020 given current market conditions and recent commodity price volatility. El Dorado-based Murphy Oil said…
by - January 30, 2020 9:01 am
Despite a fourth quarter loss driven by a mark-to-market loss and the extinguishment of debt, Murphy Oil finished 2019 with a $1.1 billion profit as it repositions itself as a…
by - October 31, 2019 7:59 am
Murphy Oil Corp., which exited its longtime deepwater oil operations in Malaysia during the third quarter, easily beat Wall Street expectations as the Arkansas oil explorer benefitted from premium crude…
by - August 27, 2019 7:52 pm
Longtime Murphy Oil Corp. Director Thomas Gattle, Jr. announced at the El Dorado oil and gas company’s annual meeting on Thursday (Aug. 22), that he was stepping down, effectively immediately….
by - August 8, 2019 11:44 am
Even as international crude oil prices slid to a seven-month low on Thursday (Aug. 8), Murphy Oil Corp. reported that second quarter profits beat Wall Street views and more than…
by - July 10, 2019 11:32 am
Murphy Oil Corp. Wednesday (July 10) announced that its Malaysian subsidiary has completed the $2.13 billion sale of deep-water oil and gas assets in Southeast Asia. The deal allows the…
by - May 2, 2019 1:02 pm
El Dorado-based Murphy Oil Corp. on Thursday (May 2) closed out an eventful first quarter with lukewarm results as the oil and gas producer efforts to change the strategic focus…
by - March 21, 2019 3:43 pm
Nearly two decades after Murphy Oil Corp. discovered oil in deepwater Malaysia, the El Dorado oil company announced a multibillion dollar deal Thursday (March 21) to exit Southeast Asia and…
by - February 18, 2019 10:51 am
Murphy Oil Corp. recently announced that its top senior executive who oversees the company’s global exploration and production operations plans to step down on Feb. 28 after 17 years of…
by - January 31, 2019 3:08 pm
Arkansas energy giant Murphy Oil Corp. ended 2018 on a strong note as the international oil explorer continues to turnaround its fortunes with key global oil and gas prospects. For…
by - December 3, 2018 6:43 pm
Murphy Oil Corp. on Monday (Dec. 3) closed on its recently announced $795 million deal with Brazil’s multinational oil conglomerate to develop a deepwater Gulf of Mexico project that is…
by - November 8, 2018 12:13 pm
Murphy Oil Corp. posted profits of nearly $94 million as the El Dorado oil explorer saw international crude prices jump to nearly $70 a barrel in the third quarter, the…
by - October 15, 2018 1:00 pm
Murphy Oil Corp. has formed a joint venture with Brazil’s multi-national oil conglomerate to develop a deepwater Gulf of Mexico project that is expected to bolster the Arkansas oil company’s…
by - August 9, 2018 5:01 am
Murphy Oil Corp.’s second quarter financial results exceeded year ago and Wall Street expectations as the Arkansas oil firm ramps up its international oil drilling and exploration program as crude…
by - May 2, 2018 9:07 pm
El Dorado-based Murphy Oil Corp. posted Wednesday (May 2) strong first quarter results as improving international oil prices lifted the Arkansas oil company’s expanding global exploration and production program. For…
by - February 28, 2018 11:16 am
Murphy Oil Corp. and Southwestern Energy Co., two of the state’s longest and largest employers in the oil and gas sector, have both announced key changes in their executive suites…
by - February 1, 2018 6:28 am
Despite rising oil prices and a rebound in U.S. drilling activity, Arkansas energy giant Murphy Oil Corp. continued to bleed red ink with a huge fourth quarter loss that included…
by - November 1, 2017 5:57 pm
Murphy Oil Corp., which last month announced a strategic deal to enter Brazil’s fast-growing deep-water offshore oil and gas sector, reported Wednesday (Nov. 1) a third quarter loss as the…
