Tagged: murphy oil corp.

Murphy Profit Slips Amid Falling Oil Prices

by Lance Turner 10/30/2014 9:07 am

Murphy Oil Corp. of El Dorado reports a decline in third-quarter profit as oil prices fell amid weaker demand. The company reported quarterly net income of $245.7 million or $1.37 per share, down about 14 percent from $284.8 million or $1.51 per share in the same quarter last year. Results beat analysts' expectations.

Murphy Oil Sells 30 Percent of Malaysia Assets for $2B

by Associated Press 9/30/2014 11:36 am

Energy exploration and production company Murphy Oil said Tuesday it will sell some of its oil and gas assets in Malaysia for $2 billion. "We are excited to strengthen our partnership with Pertamina and look forward to working with them and our other partners in Malaysia," Murphy Oil's CEO said.

Arkansas Executive Use of Company Jets Rises in 2013

by Mark Friedman 9/8/2014 12:00 am

Top executives at nine of Arkansas’ public companies valued their personal flights on company jets at a total of $2.4 million for 2013, according to proxy statements filed with the U.S. Securities & Exchange Commission and compiled by Arkansas Business.

$50M Revitalization Plan Aims To Turn El Dorado into Cultural Mecca

by Michelle Corbet 8/25/2014 12:00 am

With a declining population and an unstable job market, the city of El Dorado is investing in quality of life in an effort to boost its economy.

Trinity Renewed: Keller Links Health of Episcopal Church to Community

by Jan Cottingham 8/25/2014 12:00 am

When he took office six months ago, the Rev. Christoph Keller III told Little Rock developer Rett Tucker, a longtime church member who helped recruit Keller, that he intended to be an “energetic interim.” To that end, Keller has launched an effort to reinvigorate the cathedral, which will mark the 130th anniversary of its downtown founding on Oct. 30.

Public Company Board Service Can Mean Lots of Work and Risk

by Gwen Moritz 8/18/2014 12:00 am

This week we list all directors of 19 publicly traded companies headquartered in Arkansas and the compensation they received for service on the boards in the most recent fiscal year. It’s work that’s “a whole lot harder” than it used to be.

Murphy USA 2Q Income Up 4 Percent

by Michelle Corbet 8/7/2014 11:35 am

Murphy USA Inc. of El Dorado announces second-quarter income from continuing operations $73.2 million, or $1.57 per diluted share, up 4 percent from $70.3 million, or $1.50 per diluted share, in the same quarter last year.

Murphy Oil 2Q Earnings Off, Production Projection Revised Downward

by Michelle Corbet 7/31/2014 11:43 am

Income from continuing operations in the second quarter was $142.7 million, or 79 cents per diluted share, on flat revenue of $1.3 billion.

Wal-Mart Execs Naturally Dominate List of Executive Compensation

by Gwen Moritz 7/21/2014 12:00 am

Top executives at the world’s largest company continue to dominate Arkansas Business’ annual list of public company executive compensation, starting with the new CEO, Doug McMillon.

Murphy USA Income Down in 1Q

by Luke Jones 5/5/2014 4:31 pm

Murphy USA Inc. of El Dorado had income of $9.6 million for its first quarter of 2014, down from $22 million in the same quarter of 2013.

Murphy Oil Corp. 1Q Profit Falls

by Luke Jones 4/30/2014 4:15 pm

Income from Murphy Oil Corp.'s slimmed down operations dropped to $169.3 million in the first quarter, down about 7 percent from a year earlier when the company's retail spinoff and a problematic refirnery in the U.K. are excluded.

Moving to CEO, Roger Jenkins Gets 60 Percent Compensation Boost

by Lance Turner 3/21/2014 11:48 am

Murphy Oil Corp.’s new chief executive received a 60 percent boost in total compensation from 2012 to 2013, according to the publicly traded oil company’s annual proxy statement, filed Friday with the U.S. Securities and Exchange Commission.

Murphy Oil Reports 4Q Net Income Up 45 Percent

by Arkansas Business Staff 1/29/2014 4:12 pm

Murphy Oil Corp. of El Dorado, free of the gas station division it spun off last year, on Wednesday reported a 45 percent increase in net income from continuing operations.

Some Murphy Oil Production in Malaysia Affected by Fire

by Arkansas Business Staff 1/8/2014 11:17 am

Murphy Oil Corp. of El Dorado updated production guidance for drilling offshore Malaysia, noting that some repairs following a fire would affect work there.

In El Dorado, Murphy to Open 1,200th Gas Station

by Lance Turner 12/10/2013 9:58 am

Murphy USA Inc. of El Dorado is opening its 1,200th gas station store.

Stockholders List Grows With Market, Bank Deal

by Gwen Moritz 11/18/2013 12:00 am

The Walton family is still the richest in Arkansas, with publicly disclosed stockholdings worth $132.76 billion as of Nov. 8. But below the top spot, Arkansas Business’ annual list of the state’s top stockholders has seen some changes and new names.

Murphy Oil to Repurchase $250M in Stock from Wells Fargo

by Luke Jones 11/12/2013 11:35 am

Murphy Oil Corp. of El Dorado this week announced it would repurchase $250 million of common stock from Wells Fargo Bank of Sioux Falls, S.D.

Murphy Oil 3Q Net Income Up 26 Percent to $284M

by Arkansas Business Staff 10/30/2013 4:10 pm

Murphy Oil Corp. of El Dorado reports third-quarter net income of $284.8 million, up 26 percent from $226.7 million in the same quarter last year.

Separate Murphy Entities Allow Tight Focus for Both

by Luke Jones 9/23/2013 12:00 am

It’s been a pivotal year for El Dorado’s Murphy Oil Corp. The company — which in 2012 had revenue of $28.6 billion and income of $970 million — after many months of planning and pressure from investors, finally spun off its retail arm into a separate, publicly traded company.

Video: Here's Murphy Oil's Madison Murphy Ringing the NYSE Closing Bell

by Lance Turner 9/5/2013 10:58 am

Executives from Murphy Oil Corp. and its new spinoff company, Murphy USA Inc., joined Murphy Oil board member Madison Murphy to ring the closing bell of the New York Stock Exchange on Wednesday.