2009 News Releases

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Q4 2018 Murphy Oil Corporation Earnings Conference Call (Live)
01/31/19 at 9:00 a.m. ET
Q4 2018 Murphy Oil Corporation Earnings Conference Call
Thursday, January 31, 2019 9:00 a.m. ET  
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12/30/09Murphy Oil Schedules Earnings Conference Call
EL DORADO, Ark., Dec 30, 2009 (BUSINESS WIRE) -- Murphy Oil Corporation (NYSE:MUR) has scheduled its conference call at 12:00 p.m. Central Time on Thursday, January 28th to review fourth quarter 2009 earnings, which will be announced Wednesday afternoon, January 27th. ACT Teleconferencing is handling arrangements for the call. Interested parties may participate by dialing 1-877-941-2927 and referencing reservation number 4197128. The call will also be ... 
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11/04/09Murphy Oil Announces Preliminary Quarterly Earnings
EL DORADO, Ark.--(BUSINESS WIRE)--Nov. 4, 2009-- Murphy Oil Corporation (NYSE: MUR) announced today that net income in the third quarter of 2009 was $188.9 million, $0.98 per diluted share, compared to net income of $584.4 million, $3.04 per diluted share, in the third quarter of 2008. The Company’s income decreased in 2009 compared to 2008 due to significantly lower sales prices for oil and natural gas produced in the exploration and production op... 
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10/08/09Murphy Oil Schedules Earnings Conference Call
EL DORADO, Ark.--(BUSINESS WIRE)--Oct. 8, 2009-- Murphy Oil Corporation (NYSE:MUR) has scheduled its conference call at 12:00 p.m. Central Time on Thursday, November 5 to review third quarter 2009 earnings, which will be announced Wednesday afternoon, November 4. ACT Teleconferencing is handling arrangements for the call. Interested parties may participate by dialing 1-877-941-6009 and referencing reservation number 4171047. The call will also be bro... 
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10/07/09Murphy Oil Announces Dividend
EL DORADO, Ark.--(BUSINESS WIRE)--Oct. 7, 2009-- The Board of Directors of Murphy Oil Corporation (NYSE: MUR) today declared a quarterly dividend on the Common Stock of Murphy Oil Corporation of $.25 per share, or $1.00 per share on an annualized basis. The dividend is payable December 1, 2009 to holders of record November 13, 2009. Source: Murphy Oil Corporation Murphy Oil CorporationDory Stiles, 870-864-6496 ... 
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10/01/09Murphy Oil Announces Acquisition of Ethanol Plant
EL DORADO, Ark.--(BUSINESS WIRE)--Oct. 1, 2009-- Murphy Oil Corporation (NYSE:MUR) announced that through a subsidiary, it has purchased a corn-based ethanol plant located in Hankinson, North Dakota. The plant, which initially began operating in July 2008 before being idled in October 2008, has an annual production capacity of 110 million gallons. The purchase price of $92 million will be financed primarily through non-recourse debt ... 
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09/18/09Murphy Oil Announces First Production from Sarawak Natural Gas Project in Malaysia
EL DORADO, Ark.--(BUSINESS WIRE)--Sep. 18, 2009-- Murphy Oil Corporation (NYSE:MUR) announced that production commenced on September 17 from natural gas fields in Blocks SK 309 and SK 311 offshore Sarawak, Malaysia. Natural gas produced from the phased development of the fields will be supplied to the PETRONAS LNG Complex in Bintulu, Sarawak. Murphy Sarawak Oil Co., Ltd. operates the development and maintains an 85% working interest ... 
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09/03/09Murphy Oil to Present at Barclays Capital 2009 CEO Energy/Power Conference
EL DORADO, Ark.--(BUSINESS WIRE)--Sep. 3, 2009-- Murphy Oil Corporation (NYSE:MUR) announced that David Wood, President and Chief Executive Officer, will present at the Barclays Capital CEO Energy/Power Conference on Thursday, September 10, 2009 at 8:25 a.m. EDT. Interested parties can access the live webcast and view the accompanying slides via Murphy’s website at www.murphyoilcorp.com. An archived replay will also be available. ... 
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08/10/09Murphy Oil Announces First Production at Azurite Field Offshore Republic of Congo (Brazzaville)
EL DORADO, Ark.--(BUSINESS WIRE)--Aug. 10, 2009-- Murphy Oil Corporation (NYSE:MUR) announced that initial oil production has commenced at its Azurite field in the Mer Profonde Sud (MPS) block, in territorial water (Atlantic Ocean) of the Republic of Congo (Brazzaville). Azurite, initially discovered in 2005, marks the Company’s first operated development in the West Africa region. The Azurite development is located in about 4,500 fee... 
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08/05/09Murphy Oil Announces Second Quarter Earnings
EL DORADO, Ark.--(BUSINESS WIRE)--Aug. 5, 2009-- Murphy Oil Corporation (NYSE: MUR) announced today that net income in the second quarter of 2009 was $158.8 million ($0.83 per diluted share) compared to net income of $619.2 million ($3.22 per diluted share) in the second quarter of 2008. Net income in the 2009 quarter included a $24.7 million after-tax charge ($0.13 per diluted share) associated with an anticipated reduction of the Company’s working interest in the Terra Nova field, offshore Eas... 
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08/05/09Murphy Oil Announces Management Changes
EL DORADO, Ark.--(BUSINESS WIRE)--Aug. 5, 2009-- Murphy Oil Corporation (NYSE: MUR) announced today the following management changes, effective immediately. Roger W. Jenkins, currently President of the Company’s exploration and production subsidiary, has been elected to the additional position of Executive Vice President of the Company. Jenkins joined Murphy in 2001 and has held several positions in Malaysia where he ... 
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08/05/09Murphy Oil Announces Dividend
EL DORADO, Ark.--(BUSINESS WIRE)--Aug. 5, 2009-- The Board of Directors of Murphy Oil Corporation (NYSE: MUR) today declared a quarterly dividend on the Common Stock of Murphy Oil Corporation of $.25 per share, or $1.00 per share on an annualized basis. The dividend is payable September 1, 2009 to holders of record August 17, 2009. Source: Murphy Oil Corporation Murphy Oil CorporationDory Stiles, 870-864-6496 ... 
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07/17/09Murphy Oil Announces Turquoise Marine-1 Discovery in the Republic of Congo (Brazzaville)
EL DORADO, Ark.--(BUSINESS WIRE)--Jul. 17, 2009-- Murphy Oil Corporation (NYSE:MUR) announced an oil discovery at the Turquoise Marine-1 prospect located in the Mer Profonde Sud (MPS) block, offshore Republic of Congo (Brazzaville). The well was drilled in 5,285 feet of water to a total measured depth of 12,060 feet and encountered in excess of 136 feet of net oil pay. The Turquoise Marine-1 discovery is approximately 17 miles from the Murphy operate... 
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07/08/09Murphy Oil Announces First Production at the Thunder Hawk Field in the Gulf of Mexico
EL DORADO, Ark.--(BUSINESS WIRE)--Jul. 8, 2009-- Murphy Oil Corporation (NYSE:MUR) announced that the Thunder Hawk field located in Mississippi Canyon Block 734 in the Gulf of Mexico has commenced production. The field lies in over 5,700 feet of water, approximately 145 miles southeast of New Orleans, Louisiana. A semi-submersible floating production unit with production capacity of 45,000 barrels of oil per day and 70 million cubic feet pe... 
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07/01/09Murphy Oil Schedules Earnings Conference Call
EL DORADO, Ark.--(BUSINESS WIRE)--Jul. 1, 2009-- Murphy Oil Corporation (NYSE:MUR) has scheduled its conference call at 12:00 p.m. Central Time on Thursday, August 6 to review second quarter 2009 earnings, which will be announced Wednesday afternoon, August 5. ACT Teleconferencing is handling arrangements for the call. Interested parties may participate by dialing 1-877-941-8610 and referencing reservation number 4112059. The call will also be broadc... 
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06/24/09Murphy Oil Announces Samurai Discovery in the Gulf of Mexico
EL DORADO, Ark.--(BUSINESS WIRE)--Jun. 24, 2009-- Murphy Oil Corporation (NYSE:MUR) announced an oil discovery at the Samurai prospect located in Green Canyon Block 432 in the Gulf of Mexico. The well was drilled in approximately 3,400 feet of water to a total depth of near 31,700 feet. The well encountered in excess of 120 feet of net pay in high quality Miocene Sands. Murphy holds a 33.33% working interest in the discovery. Other equal partners inc... 
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06/12/09Murphy Oil Announces Additional Discoveries in Malaysia
EL DORADO, Ark.--(BUSINESS WIRE)--Jun. 12, 2009-- Murphy Oil Corporation (NYSE:MUR) has made two additional discoveries on its acreage offshore Malaysia. The first discovery was made at the Siakap North prospect located in Block K, offshore Sabah, Malaysia. The Siakap North discovery is located 6 miles from Murphy’s Kikeh field in approximately 4,300 feet of water. The well encountered oil bearing pay sands of a similar age and quality as Kikeh... 
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05/13/09Murphy Oil Holds Annual Shareholders' Meeting
EL DORADO, Ark.--(BUSINESS WIRE)--May. 13, 2009-- Murphy Oil Corporation (NYSE:MUR) held its annual shareholders’ meeting in El Dorado, Arkansas with Chairman William C. Nolan Jr. presiding. At this meeting, David M. Wood, President and Chief Executive Officer, presented a review of the Company’s operations, followed by a period of questions from those in attendance. During the meeting, shareholders elected all nominated directors and app... 
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05/06/09Murphy Oil Announces First Quarter 2009 Earnings
EL DORADO, Ark., May 06, 2009 (BUSINESS WIRE) -- Murphy Oil Corporation (NYSE: MUR) announced today that net income in the first quarter of 2009 was $171.1 million ($0.89 per diluted share), compared to net income of $409.0 million ($2.14 per diluted share) in the first quarter of 2008. The 2009 net income includes income from discontinued operations of $99.9 million ($0.52 per diluted share) associated with Ecuador operations that were sold in March at an... 
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04/06/09Murphy Oil Schedules Earnings Conference Call
EL DORADO, Ark., Apr 06, 2009 (BUSINESS WIRE) -- Murphy Oil Corporation (NYSE:MUR) has scheduled its conference call at 12:00 p.m. Central Time on Thursday, May 7 to review first quarter 2009 earnings, which will be announced Wednesday afternoon, May 6. ACT Teleconferencing is handling arrangements for the call. Interested parties may participate by dialing 1-800-240-2134 and referencing reservation number 11130213. The call will also be broadcast live ... 
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04/01/09Murphy Oil Announces Dividend
EL DORADO, Ark.--(BUSINESS WIRE)--Apr. 1, 2009-- The Board of Directors of Murphy Oil Corporation (NYSE: MUR) today declared a quarterly dividend on the Common Stock of Murphy Oil Corporation of $.25 per share, or $1.00 per share on an annualized basis. The dividend is payable June 1, 2009 to holders of record May 15, 2009. Source: Murphy Oil Corporation Murphy Oil CorporationDory Stiles, 870-864-6496Internet:http://www.murphyoil... 
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03/13/09Murphy Oil Announces Sale of Ecuador Properties
EL DORADO, Ark., Mar 13, 2009 (BUSINESS WIRE) -- Murphy Oil Corporation (NYSE:MUR) announced that it has sold all of its holdings in oil producing properties in the Republic of Ecuador to Repsol YPF Ecuador S.A. Consideration for the sale, effective March 1, 2009, consists of estimated cash proceeds of $87 million and Repsol's assumption of certain tax and other obligations. The actual amount of the expected gain from the sale will be recorded by the Compa... 
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02/26/09Murphy Oil Announces Adjustment to 2008 Results Due to Subsequent Exploration Expense
EL DORADO, Ark.--(BUSINESS WIRE)--Feb. 26, 2009-- Murphy Oil Corporation (NYSE:MUR) announced the adjustment of 2008 results by $31.1 million due to the expensing of a well drilled on the Abalone Deep prospect in Block AC/P36, offshore Western Australia. The well, completed after the Company’s preliminary earnings release on January 28, 2009, encountered non-commercial quantities of natural gas and is being plugged and abandoned. ... 
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02/04/09Murphy Oil Announces Management Promotion
EL DORADO, Ark.--(BUSINESS WIRE)-- Murphy Oil Corporation (NYSE: MUR) announced today the following promotion, effective immediately. Walter K. Compton has been promoted to Vice President, Law and will continue to serve as the Company’s Corporate Secretary. Compton joined the Law Department of Murphy in 1988 and was promoted to Manager, Law Department and Corporate Secretary in 1996. Compton received a bachelor’... 
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02/04/09Murphy Oil Announces Dividend
EL DORADO, Ark.--(BUSINESS WIRE)-- The Board of Directors of Murphy Oil Corporation (NYSE: MUR) today declared a quarterly dividend on the Common Stock of Murphy Oil Corporation of $.25 per share, or $1.00 per share on an annualized basis. The dividend is payable March 2, 2009 to holders of record February 17, 2009. Source: Murphy Oil Corporation Murphy Oil CorporationDory Stiles, 870-864-6496 ... 
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01/28/09Murphy Oil Announces Preliminary Quarterly and Annual Earnings
EL DORADO, Ark.--(BUSINESS WIRE)-- Murphy Oil Corporation (NYSE: MUR) announced today that net income in the fourth quarter of 2008 was $158.5 million ($0.83 per diluted share), down from net income in the fourth quarter 2007 of $206.1 million ($1.07 per diluted share). The 2007 period included a $59.5 million after-tax non-cash inventory charge in the U.K. and a $33.9 million income tax benefit in Canada related to a Federal tax rate reduction. ... 
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01/07/09Murphy Oil Schedules Earnings Conference Call
EL DORADO, Ark.--(BUSINESS WIRE)-- Murphy Oil Corporation (NYSE:MUR) has scheduled its conference call at 12:00 p.m. Central Time on Thursday, January 29 to review fourth quarter 2008 earnings, which will be announced Wednesday afternoon, January 28. ACT Teleconferencing is handling arrangements for the call. Interested parties may participate by dialing 1-800-240-2430 and referencing reservation number 11124677. The call will also be broadcast live over the internet and can be accessed through ... 
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