Tagged: murphy oil corp.

Murphy Oil USA CEO: New Company Is Poised for Growth

by Luke Jones 5/8/2013 01:58 pm

The incoming CEO of Murphy Oil Corp. spin-off Murphy Oil USA Inc. says that the new retail gas station company is poised for growth, having inked a deal with Wal-Mart Stores Inc. in December and eyeing new markets in Virigina.

Wal-Mart No. 1 on Fortune 500 List; Windstream Joins for First Time

by Lance Turner and Gwen Moritz 5/6/2013 08:47 am

Wal-Mart Stores Inc. of Bentonville regains the top spot on Fortune magazine's annual list of the country's largest corporations. Meanwhile, Windstream Corp. of Little Rock joins the list for the first time, ranking No. 414.

Murphy Oil CEO Steven Cosse to Step Down; Roger Jenkins to Take Over

by Lance Turner 5/6/2013 08:17 am

Roger Jenkins, Murphy Oil's executive vice president and COO, will take over as CEO after current President and CEO Steve Cossé steps down later this year.

Murphy Oil Earnings Up, Revenue Down in 1Q

by Luke Jones 5/1/2013 03:57 pm

Murphy Oil Corp. of El Dorado announced Wednesday that first-quarter net income climbed 24 percent to $360 million, compared with $290 million in the same quarter of 2012. About 42 percent of income, however, came from discontinued operations.

Proxy: Murphy USA Spinoff Expected in Second Half of Year

by Gwen Moritz 3/22/2013 04:06 pm

Murphy Oil Corp.'s annual proxy statement also reveals that David M. Wood, who suddenly retired as CEO in June, received compensation of more than $18 million last year.

Spinoff Company Murphy USA Names Executive Team

by Arkansas Business Staff 2/4/2013 04:34 pm

Six current Murphy Oil and Murphy USA executives will join CEO Andrew Clyde in managing the spinoff of the Murphy Oil's retail subsidiary.

Murphy Oil Swings to Profit in 4Q

by Luke Jones 1/30/2013 04:01 pm

Murphy Oil Corp. of El Dorado announces fourth-quarter net income of $158.7 million, compared to a net loss of $113.9 million in the same quarter last year.

Murphy Oil Names R. Andrew Clyde CEO of Retail Unit

by Luke Jones 1/8/2013 08:49 am

Murphy Oil Corp. of El Dorado announces the appointment of R. Andrew Clyde as president and CEO of Murphy Oil USA Inc., the U.S. retail marketing subsidiary of Murphy Oil Corp.

Murphy Oil to Add 200 New Fuel Stations at Wal-Mart Stores

by Lance Turner 12/26/2012 11:32 am

Murphy Oil Corp. of El Dorado says its wholly-owned subsidiary, Murphy Oil USA Inc., will add more than 200 new fueling stations at Wal-Mart stores in the Midwest and Southeast United States.

Arkansas Business: Best Quotes of 2012

by Arkansas Business Staff 12/24/2012 12:00 am

From John L. Smith's pep talk to reporters to U.S. District Judge Bill Wilson's withering remarks to out-of-line prosecutors, they said it all in 2012.

Murphy Oil Speeds $250M Share Repurchase Program

by Luke Jones 12/11/2012 10:00 am

Murphy Oil Corp. of El Dorado recently announced it was entering into a share repurchase transaction with J.P. Morgan Securities LLC to repurchase an aggregate of $250 million of Murphy stock.

Murphy Oil Bond Sale Will Fund Special Dividend

by Lance Turner 11/28/2012 11:22 am

A $1.5 billion bond sale by Murphy Oil Corp. of El Dorado will help fund a $2.50 per share dividend the oil company plans to issue next week.

Murphy Oil Futures: How Spinning Off Retail Could Bring Joy to Shareholders

by Mark Friedman 11/26/2012 12:00 am

Murphy Oil is spinning off its subsidiary, Murphy Oil USA Inc. — which includes 1,154 gasoline stations, two ethanol plants and seven product distribution terminals — into its own publicly traded company.

Murphy Oil to Take Over Shell Canada Energy Assets at Seal Lake in Canada

by Luke Jones 11/13/2012 04:31 pm

Murphy Oil Corp. of El Dorado subsidiary Murphy Oil Co. Ltd. agrees to take over as opeator Shell Canada Energy's assets in the Seal Lake area of Alberta, Canada.

Murphy Oil: Gas Station Spinoff Still On Track for 2013

by Lance Turner 11/5/2012 10:17 am

Murphy Oil Corp. of El Dorado tells analysts that the oil company is still on track to spin off its Murphy Oil USA gas station unit in 2013.

Murphy Oil 3Q Profit Falls on Lower Natural Gas Prices, Retail Margins

by Luke Jones 10/31/2012 04:06 pm

Murphy Oil Corp. of El Dorado reports third-quarter earnings from continuing operations of $228.9 million or $1.17 per diluted share, down 34 percent from the same quarter last year.

What Analysts Say Will Be In Latest Quarterly Report From Murphy Oil

by Tre Baker 10/31/2012 09:22 am

Murphy Oil Corp. of El Dorado is expected to release its third-quarter earnings report today. It will mark the first time since the company announced it would be spinning off its retail operations into a new publicly traded company. What's the feeling on Wall Street about the direction Murphy Oil is headed? Here's three takes.

Entergy, Others Postpone Earnings As Sandy Comes Ashore

by Lance Turner 10/29/2012 10:15 am

Entergy Corp. of New Orleans is among several publicly traded companies postponing earnings releases this week as Hurricane Sandy comes ashore in the northeast.

Improved Market Results in Larger List of State's Top Stockholders

by Gwen Moritz 10/29/2012 12:00 am

The list of Arkansans with publicly disclosed stock holdings valued at more than $1 million grows from 93 names last year to 102 this year. Big winners on this year's list include the Stephens and Dillard families.

How Investors Weigh the Murphy Oil Split

by Lance Turner 10/26/2012 10:29 am

The pros and cons of Murphy Oil Corp.'s decision to spin off its retail gas station operation, and what investors will weigh when considering purchasing shares of the new company, due in 2013.