Today's Stock Snapshot (DEL)

  • 60.67 -0.24
  • Open:
  • High:
  • Low:
  • Vol:

Deltic Timber Corp.

The history of what is now Deltic Timber Corp. dates to the early 1900s, when C.H. Murphy Sr. started investing in timberland and build a sawmill in south Arkansas.

Murphy continued to acquire land and in 1952, he transferred his holdings to Murphy Corp., his oil and banking company. The holdings formed the basis for Deltic Farm & Timber Inc., a wholly-owned subsidiary of the larger Murphy company.

With the boom in the oil and petroleum portion of the business, Murphy Corp. became Murphy Oil Corp. But Deltic continued to grow. Deltic entered the lumber manufacturing business with the construction of sawmills in Ola in 1971 and Waldo in 1974.

In 1989, Deltic began selling residential property in Chenal Valley, a real estate development in west Little Rock, an area of the city poised for great growth leading into the late 90s.

In late 1996, amid a slump in its core oil business, Murphy Oil spun off Deltic Farm & Timber, which was reincorporated as Deltic Timber Corp.

Today, the El Dorado-based company about 446,000 acres of timberland, mainly in Arkansas and north Louisiana. It holds a 50 percent interest in Del-Tin Fiber LLC, a joint venture to make and sell medium density fiberboard. And its upscale Chenal Valley development is a premier planned community consisting of 4,800 acres of residential and commercial properties in west Little Rock.

Related People

Related News

Continued Recovery Helps Boost Deltic CEO's Pay

The continued housing recovery that led to record profit for Deltic Timber Corp. last year helped propel total compensation for Deltic President and CEO Ray Dillon to $2.87 million in 2013. read more >

Deltic Reports Record Profit of $26.2M in 2013

Deltic Timber reports a record $26.2 million in net income in 2013. The timber and real estate company also reports quarterly profit of $2.3 million, down slightly from $2.4 million in the same quarter last year. read more >

Fuel Storage Facility Attracts $5M Sale (Real Deals)

The sale of a 21.6-acre fuel storage development in North Little Rock tipped the scales at $5 million. A convenience store just north of Maumelle rang up a $3.4 million sale-leaseback transaction. And a 32,426-SF building products facility in North Little Rock changed hands in a $1.5 million sale. read more >

NLR Hilton Garden Inn Draws $13.1 Million Sale (Real Deals)

Midas Little Rock LLC of St. Louis bought the 120-room Hilton Garden Inn at 4100 Glover Lane from McCain Lodging Inc., led by Ishverbhai Govind. read more >

New Kanis Plaza Owner Arrives in $1.5M Sale (Real Deals)

Roach Exchange Holdings LLC, led by Gary Roach, bought Kanis Plaza at 10809 Kanis Road. The deal is backed with a 20-year loan of $1.24 million from BancorpSouth Bank of Tupelo, Miss. read more >

Turning Point for Timber as Demand Rises, Workforce Numbers Fall

Some in the timber industry in Arkansas say they see demand for forest products slowly increasing but fear that a workforce decimated by recession won't be able to meet that demand. read more >

Becky Campbell Moves from Governor's Mansion to Arkansas Foodbank (Movers & Shakers)

Becky Barnes Campbell has joined the Arkansas Foodbank in Little Rock as special events coordinator. Formerly the executive assistant to Arkansas first lady Ginger Beebe, Campbell is responsible for planning and executing all special events and fundraising projects for the Foodbank. read more >

Super 8 Transformation Follows $2.6M Purchase (Real Deals)

Otter Creek Lodging LLC, led by Animesh Patel, bought the La Quinta Inn at 11701 Interstate 30 from Supreme Bright Portfolio LLC of Irving, Texas. read more >

Deltic Timber 3Q Profit Up 84 Percent

Deltic Timber Corp. of El Dorado says third-quarter net income reached $5.9 million, up 84 percent from the same time last year, drive by improved results in its manufacturing segment. read more >

Eight Wendy's Locations Sales Surpass $9.5 Million Mark (Real Deals)

Combo pack of fast-food restaurants reach high value in Pulaski County real estate sales. read more >

$5.3 Million Sale Visits Marriott Hotel (Real Deals)

LVP TPS Little Rock LLC of Lakewood, N.J., acquired the 92-room Townplace Suites by Marriott at 12 Crossings Court from TPLR Partners LLC of Fort Smith, led by Chris Whitt. read more >

Murphy Oil Spins Off Murphy USA Retail Outlets

R. Andrew Clyde will be president and CEO of the new publicly traded company, which will include the Murphy USA retail outlets, seven product distribution terminals and two ethanol production facilities in North Dakota and Texas. The spinoff also marks the second retirement of Murphy Oil CEO Steven Cossé. He will be succeeded Friday by Roger Jenkins, who has been Murphy Oil's executive vice president and chief operating officer. read more >

Central High Supporters Form Nonprofit To Help School

Supporters and alumni of Little Rock's Central High School have formed a nonprofit to support the school, the Tiger Foundation. read more >

Cantrell Valley Plaza Sells for $1 Million (Real Deals)

A 13,150-SF office building in the Riverdale area of Little Rock changed hands in a $1 million sale. Triangle Insurance Co. of Enid, Okla., bought Cantrell Valley Plaza at 2725 Cantrell Road from Pinnacle Hotel Group Inc., led by Chetan Patel. The 1.73-acre development was tied to a September 2009 mortgage of $772,500 held by Ozark National Life Insurance Co. of Little Rock. read more >

Sherwood Retail Project Recycled in $1.2M Sale (Real Deals)

A 40,750-SF former grocery store in Sherwood tipped the scales at $1.19 million. Tisdale Properties & Developments LLC, led by Tracy Tisdale, bought the 4101 E. Kiehl Ave. project from BancorpSouth Bank of Tupelo, Miss. read more >

Mohr's Maumelle Buy Closes at $5.4 Million (Real Deals)

The former Champs Sporting Goods facility in Maumelle tipped the scales at $5.4 million. Mohr Maumelle LLC, an affiliate of Mohr Partners of Dallas, purchased the 484,932-SF facility at 1 Champs Blvd. The seller is Scholastic Distribution Services LLC, a subsidiary of Scholastic Corp. of New York. read more >

Del-Tin Acquisition Boosts Deltic Timber 2Q Earnings

Deltic Timber Corp. of El Dorado says the acquisition of the rest of Del-Tin Fiber LLC pushed its second-quarter net income up 220 percent. read more >

GMAC Building Rings Up $7.1M Transaction (Real Deals)

A 50,900-SF office building in west Little Rock tipped the scales at $7.1 million. 16101 Properties LLC, led by Terry Fleming, bought the GMAC Building at 16101 La Grande Drive. The seller is Crain Investments Ltd., led by Larry Crain Sr. read more >

Residence Inn Draws $7 Million Transaction (Real Deals)

RILR Holding LLC of New York bought the Residence Inn by Marriott at 1401 S. Shackleford Road from Little Rock Lodging Associates I Ltd. of Atlanta. read more >

Madison Murphy to Chair Board of Murphy USA

Murphy Oil Corp. of El Dorado announces the 10 directors that will serve on the board of Murphy USA Inc., the company's retail segment that will spin off as a separate company this year. read more >