Tagged: murphy oil corp.

El Dorado Gears Up for Arts District's Grand Opening

by Associated Press 6/8/2017 10:26 am

A planned $100 million entertainment district in El Dorado has a new name as the city gears up for a grand opening later this year.

El Dorado Building Its Hopes On Arts

by Kyle Massey 5/8/2017 12:00 am

In a town where an oil gusher a century ago set off one of the wildest booms in American history, transforming El Dorado into south Arkansas’ richest town, Austin Barrow presides over a boom in downtown construction.

Murphy Posts $58M 1Q Profit, but Adjusted $10M Loss

by Kyle Massey 5/3/2017 4:45 pm

Murphy Oil Corp. reported strong preliminary first-quarter financial results, including net income of $58 million, or 34 cents per diluted share of company stock. "Murphy had strong first-quarter results as we exceeded production guidance with high uptime performance across all our assets," CEO Roger Jenkins said.

Controller Retires, Murphy Oil Names Successor

by Kyle Massey 4/7/2017 1:15 pm

Murphy Oil Corp., the oil and gas exploration and production giant based in El Dorado, has announced the coming retirement of its controller, and has named his replacement.

Murphy Chief Roger Jenkins' Pay for 2016 Falls 40 Percent

by Kyle Massey 3/24/2017 11:49 am

Murphy Oil Corp. CEO Roger W. Jenkins took a pay cut of nearly 40 percent in 2016 compared with 2015, with $8.5 million in total compensation compared with just over $14 million in 2015.

Biggest Deals in Arkansas Rise 11 Percent in 2016

by Jan Cottingham 2/20/2017 12:00 am

Both the value and the volume of mergers and acquisitions in Arkansas rose last year, with the value increasing 11 percent to $9.8 billion and the volume rising 10 percent to 92.

Murphy Oil Reports $276M Loss for 2016

by Kyle Massey 1/25/2017 5:19 pm

The El Dorado oil giant had a fourth-quarter loss of $64 million but touts cost-cutting and production achievements.

Energy Sector In Arkansas Expects Shift Under Trump, Not Upheaval

by Kyle Massey 1/9/2017 12:00 am

An oil- and coal-friendly Trump administration is taking power in Washington, promising a real shake-up. Still, Arkansas energy observers caution against expecting a huge shift.

Murphy Oil Adds Keller to Board, Elevates 2 EVPs

by Kyle Massey 12/6/2016 4:25 pm

Murphy Oil Corp. of El Dorado says Elisabeth W. Keller has been elected to its board of directors, and that Eugene T. Coleman and Michael K. McFadyen have been made executive vice presidents.

Murphy Oil Subsidiary to Get 30 Percent Stake in Mexico Oil Venture

by Kyle Massey 12/6/2016 9:17 am

Murphy Oil Corp. of El Dorado expects its Mexican subsidiary, Murphy Sur, to be awarded a 30 percent stake in a joint deepwater oil exploration venture in the Gulf of Mexico.

Murphy Beats Projections With $16M Loss in 3Q

by Kyle Massey 10/26/2016 5:13 pm

The El Dorado-based petroleum giant posts a loss, but sees encouraging signs.

Wal-Mart's McMillon Tops Compensation List of 100 Arkansas Public Company Execs

by Gwen Moritz 8/29/2016 12:00 am

C. Douglas McMillon, CEO of Wal-Mart Stores Inc., has returned to the No. 1 spot on the annual list of executive compensation at publicly traded companies headquartered in the state.

Murphy Oil Gains Access to $1.2B in Revolving Credit

by Kyle Massey 8/10/2016 8:09 am

Murphy Oil Corp., the El Dorado petroleum exploration and production giant, says it has commitments from its bankers and new lenders for $1.2 billion in revolving credit.

Murphy Oil Corp. Lowers Quarterly Dividend to 25 Cents a Share

by Kyle Massey 8/3/2016 4:17 pm

The oil exploration and production giant, based in El Dorado, calls the dividend cut a "difficult but prudent" decision.

Murphy USA Reports $46M Profit in Strong 2Q

by Kyle Massey 8/3/2016 4:13 pm

The El Dorado-based company more than doubles its half-year profits from 2015, citing strong retail fuel results. CEO Andrew Clyde also cited "record merchandise margins" as the company continues to add stores.

Business Interest Sale Pushes Murphy Oil to 2Q Profit

by Kyle Massey 7/27/2016 4:56 pm

The El-Dorado based energy giant posted net income of nearly $3 million, or 2 cents per diluted share, attributed to the sale of its interest in Syncrude, an oil-sands producer in Canada, and Montney natural gas processing and pipeline assets, also in Canada.

Murphy Closes $375M Joint Venture in Canada

by Kyle Massey 5/13/2016 4:48 pm

The El Dorado-based company buys stakes in two Alberta oil fields, adding capacity of 2,100 barrels a day.

Murphy Oil Reports 1Q Loss of $198M

by Kyle Massey 5/4/2016 4:49 pm

Murphy Oil Corp., which announced a sale of oil sands assets in Canada a week earlier, on Wednesday reported a preliminary loss of nearly $200 million for the first quarter of 2016. It also announced a 20 percent workforce reduction.

Murphy Oil Subsidiary Sells Alberta Sands to Suncor Energy for $744M

by Kyle Massey 4/28/2016 6:55 am

Murphy Oil Corp. of El Dorado announced Wednesday evening that its Canadian subsidiary has agreed to sell oil sands properties in Alberta to Suncor Energy for about $744 million. CEO Roger Jenkins said the deal will "further place our focus in North America on our unconventional assets" and help the company's balance sheet.

Murphy Oil Corp. Issues 35-cent Dividend

by Kyle Massey 4/6/2016 11:10 am

Murphy Oil Corp. of El Dorado declared a quarterly dividend of 35 cents a share on Wednesday, maintaining a dividend level it has kept up since 2014 despite depressed oil prices.

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