Tagged: murphy oil corp.

Update: Murphy Oil Reports $1.6B 3Q Loss, Will Cut Workforce

by Lance Turner and Mark Carter 10/29/2015 2:23 pm

Murphy Oil Corp. of El Dorado on Wednesday reported a third-quarter loss of $1.6 billion, or $9.26 per share, and said it will cut its workforce by 23 percent.

Low Oil Prices Drive Murphy to $73.8M Quarterly Loss

by Sean Beherec 7/29/2015 4:49 pm

Murphy Oil Corp. of El Dorado on Wednesday reported a second-quarter loss of $73.8 million, noting that earnings were "greatly impacted by the drop in WTI and Brent oil prices by 44 percent between the comparative quarterly periods."

Murphy Oil Makes Executive Changes

by Sean Beherec 7/28/2015 4:18 pm

Murphy Oil Corp. of El Dorado on Tuesday named a new vice president and created a new vice president position.

Corporate Citizenship (Editorial)

by Arkansas Business Editors 6/15/2015 12:00 am

The cost of a customer rewards campaign by a Canadian bank giving away flowers and baseball tickets had to have been dwarfed by the enormous goodwill it generated. So how much greater then is the goodwill generated by something like Murphy Oil Corp.’s El Dorado Promise?

El Dorado Riding High on Murphy ‘Promise’

by Sean Beherec 6/15/2015 12:00 am

Today, more than 1,500 students have benefited from the El Dorado Promise, attending schools across the country, with another 262 students eligible this year. The Promise is also receiving credit for being a catalyst for driving growth in the city and putting the brakes on decreased enrollment in the school district.

Oil Price Drop Drives Murphy Oil to $14.4M 1Q Loss

by Sean Beherec 4/29/2015 4:27 pm

Murphy Oil Corp. of El Dorado on Wednesday reported a net loss of $14.4 million, or 8 cents per diluted share, in the first quarter of the year, citing a drop in oil prices. Murphy Oil said that was down from a net income of $155.3 million, or 85 cents per diluted share, during the same period last year. Income from continuing operations during the first quarter was $3.5 million compared to $169.3 million last year.

Murphy Oil CEO Undergoes 'Unscheduled Medical Procedure'

by Sean Beherec 4/28/2015 3:43 pm

Murphy Oil Corp. of El Dorado on Tuesday said company CEO Roger Jenkins had undergone an "unscheduled medical procedure" earlier in the day. The company said in a news release that the procedure "went well" and that Jenkins was expected back in the office next week.

2 Murphy USA Executives See Total Compensation Rise

by Lance Turner 3/25/2015 3:15 pm

Two top executives at Murphy USA Inc. of El Dorado received boosts to total compensation in 2014, according to the company's proxy filed Thursday with the U.S. Securities and Exchange Commission.

Murphy Oil Net Income Skyrockets in 4Q

by Sean Beherec 1/28/2015 4:06 pm

The El Dorado company reported net income of $375.2 million in the fourth quarter, but even better results — $442 million — from continuing operations.

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 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 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.