Tagged: roger jenkins

With Prices Up, Jenkins Likes Murphy's Position but Plans No Dividend Hike

by Kyle Massey 5/8/2018 9:49 am

As crude oil prices topped $70 a barrel this week, Murphy Oil CEO Roger Jenkins told industry analysts not to expect an increased dividend anytime soon.

Murphy Oil Reports Adjusted 1Q Profit of $40M

by Kyle Massey 5/2/2018 5:27 pm

Murphy Oil Corp., the El Dorado petroleum exploration and production titan, reported Wednesday adjusted first-quarter income of $40 million, or 23 cents per share, on revenue of $607 million.

In Personal Use of Company Jets, Tyson Soars

by Mark Friedman 3/26/2018 12:00 am

Arkansas Business reviewed proxy documents from 17 publicly traded companies based in Arkansas to report on those that offer executives the perk of using the company jet for personal trips.

John Eckart to Retire as Murphy Oil CFO

by Kyle Massey 2/13/2018 9:40 am

Murphy Oil Corp. of El Dorado is looking for a new chief financial officer to succeed John W. Eckart, who announced Monday that he plans to retire this year after 28 years at the company.

Murphy Oil Posts Net Loss for 4Q, All of 2017

by Kyle Massey 1/31/2018 5:24 pm

Murphy Oil Corp. of El Dorado on Wednesday reported a fourth-quarter net loss from continuing operations of $285 million, or 1.65 per diluted share of stock, and a full 2017 net loss of $311 million, or $1.81 per diluted share.

Wal-Mart’s Marc Lore Blows Top Off Exec Compensation List

by Gwen Moritz 10/30/2017 12:00 am

The word “outlier” was invented to describe things like the top entry on this week’s list of the highest-paid executives employed by public companies in Arkansas.

Murphy Oil Reports $17M Operating Loss for 2Q

by Kyle Massey 8/2/2017 5:40 pm

The fuel exploration and production giant based in El Dorado saw the results as a strong performance considering a decline in crude oil prices in the period.

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.

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.

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.

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 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.

Arkansas Business Power List 2016: Energy & Utilities

by Arkansas Business Staff 3/21/2016 12:00 am

An energy and utilities resource to help navigate the leadership of the largest Arkansas companies or institutions.

4Q Loss Brings Murphy Oil's Red Ink to $2.2B in 2015

by Arkansas Business Staff 1/27/2016 4:22 pm

Murphy Oil Corp. of El Dorado on Wednesday reported a fourth-quarter loss of $587.1 million, or $3.41 per share, leading to an annual net loss of $2.2 billion, or $13.03 per share. CEO Roger Jenkins said the firm will focus on keeping operating costs low to weather low oil prices.

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."