2006 News Releases

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Murphy Oil Corporation at UBS Global Oil & Gas Conference (Replay)
05/22/19 at 3:45 p.m. ET
Murphy Oil Corporation at UBS Global Oil & Gas Conference
Wednesday, May 22, 2019 3:45 p.m. ET  
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Supporting Materials
Download Event Supporting Material UBS Global Oil and Gas Conference, Presented by Roger W. Jenkins, President & CEO
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Murphy Oil Corporation at J.P. Morgan Energy Equity Investor Conference (Replay)
06/18/19 at 10:50 a.m. ET
Murphy Oil Corporation at J.P. Morgan Energy Equity Investor Conference
Tuesday, June 18, 2019 10:50 a.m. ET  
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DateTitle 
11/30/06Murphy Oil Announces Results at Thunder Ridge in the Deepwater Gulf of Mexico
EL DORADO, Ark.--(BUSINESS WIRE)--Nov. 30, 2006--Murphy Oil Corporation (NYSE:MUR) announced that its Thunder Ridge exploration well located in Mississippi Canyon Block 737 has been temporarily plugged and abandoned. The primary objectives found wet sands, with a secondary shallower objective encountering a small oil accumulation. The exploration well and subsequent sidetrack were drilled in over 6,100 feet of water. Post-drilling analysis will continue to determine if the resou... 
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11/15/06Murphy Oil Announces Management Changes
EL DORADO, Ark.--(BUSINESS WIRE)--Nov. 15, 2006--Murphy Oil Corporation (NYSE: MUR) announced today the following management changes effective January 1, 2007. David Wood, currently in charge of international exploration and production operations, will become Executive Vice President with responsibility for worldwide exploration and production operations. Mr. Wood will report to Murphy President and CEO Claiborne P. Deming. Murphy's exploration and production offices will be cen... 
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10/24/06Murphy Oil Announces Preliminary Quarterly Earnings
EL DORADO, Arkan.--(BUSINESS WIRE)--Oct. 24, 2006--Murphy Oil Corporation (NYSE: MUR) announced today that net income in the third quarter of 2006 was $222.8 million, $1.18 per diluted share, compared to net income of $231 million, $1.23 per diluted share, in the third quarter of 2005. Record quarterly profits for the Company's refining and marketing operations in the just completed 2006 quarter were offset by lower earnings in exploration and production operations. Net income in the ... 
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10/05/06Murphy Oil Updates Third Quarter Earnings Guidance
EL DORADO, Ark.--(BUSINESS WIRE)--Oct. 5, 2006--Murphy Oil Corporation (NYSE:MUR) expects income for the third quarter of 2006 to be between $.95 and $1.05 per diluted share. This range is above the Company's previous estimate due to lower than anticipated dry hole costs and an exceptionally strong contribution from the Company's refining and marketing segment. Oil and natural gas production during the quarter is estimated to average 92,000 barrels of oil equivalent (BOE) per da... 
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10/02/06Murphy Oil Schedules Earnings Conference Call
EL DORADO, Ark.--(BUSINESS WIRE)--Oct. 2, 2006--Murphy Oil Corporation (NYSE:MUR) has scheduled its conference call at 12:00 p.m. Central Time on Wednesday, October 25 to review third quarter 2006 earnings, which will be announced Tuesday afternoon, October 24. ACT Teleconferencing is handling arrangements for the call. Interested parties may participate by dialing 1-800-366-7417 and referencing reservation number 11072692. The call will also be broadcast live over the internet and ca... 
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10/02/06Murphy Oil Declares Dividend
EL DORADO, Ark., Oct 02, 2006 (BUSINESS WIRE) -- The Board of Directors of Murphy Oil Corporation (NYSE: MUR) today declared a quarterly dividend of $.15 per share on the Common Stock of Murphy Oil Corporation. The dividend is payable December 1, 2006 to holders of record November 10, 2006. SOURCE: Murphy Oil Corporation Murphy Oil Corporation Investor/Media Relations: Mindy West, 870-864-6315 ... 
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09/25/06Murphy Oil Announces Agreement in Principle to Settle Hurricane Katrina Oil Spill Class Action Litigation
EL DORADO, Ark.--(BUSINESS WIRE)--Sept. 25, 2006--Murphy Oil Corporation (NYSE:MUR) announced today that its wholly owned subsidiary, Murphy Oil USA, Inc. (Company), has entered into a Memorandum of Understanding with the Plaintiffs' Steering Committee (PSC) to settle the consolidated class action litigation pending in U.S. District Court for the Eastern District of Louisiana. The litigation involves an oil spill from a crude oil storage tank at the Company's Meraux (St. Bernard Paris... 
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08/02/06Murphy Oil Announces Dividend Increase and Election of New Director
EL DORADO, Ark.--(BUSINESS WIRE)--Aug. 2, 2006--The Board of Directors of Murphy Oil Corporation (NYSE: MUR) today declared a quarterly dividend on the Common Stock of Murphy Oil Corporation of $.15 per share, or $.60 per share on an annualized basis. The previous annualized dividend level was $.45 per share. The dividend is payable September 1, 2006 to holders of record August 15, 2006. In commenting on the 33.3% dividend increase, Claiborne P. Deming, President and Chief Execu... 
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07/25/06Murphy Oil Announces Quarterly Earnings
EL DORADO, Ark.--(BUSINESS WIRE)--July 25, 2006--Murphy Oil Corporation (NYSE: MUR) announced today that net income in the second quarter of 2006 was $214.0 million, $1.13 per diluted share, compared to net income of $347.7 million, $1.85 per diluted share, in the second quarter of 2005. The income reduction in 2006 primarily related to a gain in the 2005 second quarter of $106.8 million, $0.57 per diluted share, on sale of mature oil and gas properties on the continental shelf of the Gul... 
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07/07/06Murphy Oil Schedules Earnings Conference Call
EL DORADO, Ark.--(BUSINESS WIRE)--July 7, 2006--Murphy Oil Corporation (NYSE:MUR) has scheduled its conference call at 12:00 p.m. Central Time on Wednesday, July 26 to review second quarter 2006 earnings, which will be announced Tuesday afternoon, July 25. ACT Teleconferencing is handling arrangements for the call. Interested parties may participate by dialing 1-800-240-7305 and referencing reservation number 11065920. The call will also be broadcast live over the internet and can be ... 
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06/20/06Murphy Oil Announces Discovery at Thunder Bird in the Deepwater Gulf of Mexico
EL DORADO, Ark.--(BUSINESS WIRE)--June 20, 2006--Murphy Oil Corporation (NYSE:MUR) announced a discovery at the Thunder Bird prospect located in Mississippi Canyon Block 819. The development options for the discovery have not been finalized, but the oil found at Thunder Bird will likely be produced as a subsea tie-back to a facility nearby. Murphy owns a 37.5% working interest in the field and serves as operator; partners are Dominion Exploration & Production, Inc., a subsi... 
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05/23/06Murphy Oil Announces Heads of Agreement for Gas Contract Offshore Sarawak Malaysia
EL DORADO, Ark.--(BUSINESS WIRE)--May 23, 2006--Murphy Oil Corporation (NYSE:MUR) announced today that it has, together with partner PETRONAS Carigali Sdn. Bhd., signed a Heads of Agreement with PETRONAS for the sale of natural gas from Sarawak Blocks SK 309 and SK 311 at an initial rate of 250 to 300 million cubic feet per day for a period of up to 15 years. Initial gas deliveries are scheduled for 2008 into the existing PETRONAS LNG Complex at Bintulu. "We have been very pleas... 
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05/10/06Murphy Oil Holds Annual Shareholders' Meeting
EL DORADO, Ark.--(BUSINESS WIRE)--May 10, 2006--Murphy Oil Corporation (NYSE:MUR) held its annual shareholders' meeting in El Dorado, Arkansas, with Chairman William C. Nolan Jr. presiding. At this meeting, Claiborne P. Deming, 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 approved the Audit Committee's appointment of... 
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04/25/06Murphy Oil Announces First Quarter 2006 Earnings
EL DORADO, Ark.--(BUSINESS WIRE)--April 25, 2006--Murphy Oil Corporation (NYSE:MUR) announced today that net income in the first quarter of 2006 was $113.9 million ($.60 per diluted share), comparable to net income of $113.2 million ($.60 per diluted share) in the first quarter of 2005. In 2006, substantially higher income for the Company's exploration and production operations was mostly offset by losses in the refining and marketing business caused by downtime and unrecoverable repair c... 
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04/07/06Murphy Oil Schedules Earnings Conference Call
EL DORADO, Ark.--(BUSINESS WIRE)--April 7, 2006--Murphy Oil Corporation (NYSE:MUR) has scheduled its conference call at 12:00 p.m. Central Time on Wednesday, April 26 to review first quarter 2006 earnings, which will be announced Tuesday afternoon, April 25. ACT Teleconferencing is handling arrangements for the call. Interested parties may participate by dialing 1-800-257-6566 and referencing reservation number 11058405. The call will also be broadcast live over the internet and can b... 
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04/05/06Murphy Oil Declares Dividend
EL DORADO, Ark.--(BUSINESS WIRE)--April 5, 2006--The Board of Directors of Murphy Oil Corporation (NYSE:MUR) today declared a quarterly dividend of $.1125 per share on the Common Stock of Murphy Oil Corporation. The dividend is payable June 1, 2006 to holders of record May 12, 2006. CONTACT: Murphy Oil Corporation, El Dorado Investor/Media Relations: Mindy West, 870-864-6315 SOURCE: Murphy Oil Corporation ... 
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03/15/06Murphy Oil Provides Update on Production Guidance and Recent Exploratory Drilling
EL DORADO, Ark., Mar 15, 2006 (BUSINESS WIRE) -- Murphy Oil Corporation (NYSE:MUR) is revising its production guidance for both the first quarter and full year 2006 to approximately 110,000 barrels of oil equivalent a day. The lowered volumes are primarily due to the Terra Nova field, offshore eastern Canada, which has experienced equipment issues and a recent unscheduled field shutdown combined with an extended turnaround expected in the third quarter. The forecast for Gulf of Mexico pro... 
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02/01/06Murphy Oil Announces Earnings and Malaysian Well Results
EL DORADO, Ark.--(BUSINESS WIRE)--Feb. 1, 2006--Murphy Oil Corporation (NYSE: MUR) announced today that net income in the fourth quarter of 2005 was $154.6 million, $.82 per diluted share, compared to net income of $134.5 million, $.72 per diluted share, in the fourth quarter of 2004. Of the 2004 amount, income from continuing operations was $131.8 million, $.71 per share, and income from discontinued operations was $2.7 million, $.01 per share. For the year of 2005, net income totale... 
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02/01/06Murphy Oil Declares Dividend
EL DORADO, Ark., Feb 01, 2006 (BUSINESS WIRE) -- The Board of Directors of Murphy Oil Corporation (NYSE: MUR) today declared a quarterly dividend of $.1125 per share on the Common Stock of Murphy Oil Corporation. The dividend is payable March 1, 2006 to holders of record February 13, 2006. SOURCE: Murphy Oil Corporation Murphy Oil Corporation, El Dorado Investor/Media Relations: Mindy West, 870-864-6315 ... 
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01/23/06Murphy Oil Announces Acreage Position Offshore Deepwater Sabah Malaysia
EL DORADO, Ark., Jan 23, 2006 (BUSINESS WIRE) -- Murphy Oil Corporation (NYSE:MUR) announced today that it has been granted an extension in the exploration term of a portion of Block K and an award of a new deepwater Block P. Murphy will have a 60% interest in both blocks. The remaining interest will be held by PETRONAS Carigali. The Block K extension and the new Block P have been created from part of the acreage originally awarded to Murphy and partner PETRONAS Carigali in 1999 and known ... 
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01/12/06Murphy Oil Provides Fourth Quarter Earnings Guidance and Announces Unsuccessful Wells Offshore Republic of Congo
EL DORADO, Ark.--(BUSINESS WIRE)--Jan. 12, 2006--Murphy Oil Corporation (NYSE:MUR) expects income for the fourth quarter of 2005 to be between $.75 and $.95 per diluted share, with this range including significant exploration exposure still pending offshore Peninsular Malaysia. The earnings include one-time income tax benefits of approximately $30 million. Production during the quarter is estimated to average 103,000 barrels of oil equivalent (BOE) per day with sales volumes of ... 
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01/10/06Murphy Oil Schedules Earnings Conference Call
EL DORADO, Ark.--(BUSINESS WIRE)--Jan. 10, 2006--Murphy Oil Corporation (NYSE:MUR) has scheduled its conference call at 12:00 p.m. Central Time on Thursday, February 2 to review fourth quarter 2005 earnings, which will be announced Wednesday afternoon, February 1. ACT Teleconferencing is handling arrangements for the call. Interested parties may participate by dialing 1-800-218-8862 and referencing reservation number 11050887. The call will also be broadcast live over the internet and... 
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