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Murphy Oil Makes Executive Changes

Murphy Oil Corp. of El Dorado on Tuesday named a new vice president and created a new vice president position. read more >
Energy / Investments / Public Companies

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

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. read more >
Roger Jenkins
Energy / Investments / Public Companies

Murphy Oil CEO Undergoes ‘Unscheduled Medical Procedure’

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. read more >
Energy / Investments / Public Companies

Murphy Oil Net Income Skyrockets in 4Q

The El Dorado company reported net income of $375.2 million in the fourth quarter, but even better results — $442 million — from continuing operations. read more >
Roger Jenkins
Energy / Investments / Public Companies

Murphy Profit Slips Amid Falling Oil Prices

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. read more >
Roger Jenkins
Energy / Investments / Public Companies

Murphy Oil 2Q Earnings Off, Production Projection Revised Downward

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. read more >
Roger Jenkins, Murphy Oil’s executive vice president and COO, will succeed Steven Cossé as president and CEO, the publicly traded oil and gas company announced Monday.
Energy / Investments / Public Companies

Moving to CEO, Roger Jenkins Gets 60 Percent Compensation Boost

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. read more >
Energy / Investments / Public Companies

Murphy Oil Reports 4Q Net Income Up 45 Percent

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. read more >
Roger Jenkins, Murphy Oil’s executive vice president and COO, will succeed Steven Cossé as president and CEO, the publicly traded oil and gas company announced Monday.
Energy / Investments / Public Companies

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

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. read more >
Murphy Oil is spinning off its new retail company, Murphy USA Inc., which includes 1,154 gasoline stations, mainly in the parking lots of Wal-Mart Supercenters.
Energy / Investments / Public Companies

Murphy Oil Spins Off Murphy USA Retail Outlets

R. Andrew Clyde will be president and CEO of the new publicly traded company, which will include the Murphy USA retail outlets, seven product distribution terminals and two ethanol production facilities in North Dakota and Texas. The spinoff also marks the second retirement of Murphy Oil CEO Steven Cossé. He will be succeeded Friday by Roger Jenkins, who has been Murphy Oil's executive vice president and chief operating officer. read more >
Energy / Investments / Public Companies

Incoming Murphy Oil CEO Sells 10,000 Shares of Stock

Roger Jenkins, the incoming CEO of Murphy Oil Corp. of El Dorado, this week sold more than 10,000 shares of Murphy Oil stock. read more >
Roger Jenkins, Murphy Oil’s executive vice president and COO, will succeed Steven Cossé as president and CEO, the publicly traded oil and gas company announced Monday.
Energy / Public Companies

Murphy Approves Gas Station Spinoff; Roger Jenkins Becomes CEO Aug. 30

Murphy Oil Corp. of El Dorado approves the spinoff of its gas station unit into a separate publicly company, Murphy USA Inc., which will take place on Aug. 30. read more >
Andrew Clyde will be the CEO of Murphy Oil USA Corp. of El Dorado.
Energy / Public Companies / Retail

Murphy Oil USA CEO: New Company Is Poised for Growth

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. read more >