2016 News Releases

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12/06/16MURPHY OIL CORPORATION ANNOUNCES ELECTIONS OF NEW DIRECTOR AND EXECUTIVE VICE PRESIDENTS
EL DORADO, Arkansas, December 6, 2016 - The Board of Directors of Murphy Oil Corporation (NYSE: MUR) today announced that Elisabeth W. Keller has been elected to the company's Board of Directors and that Eugene T. "Gene" Coleman and Michael K. "Mike" McFadyen have been elected Executive Vice Presidents of the company. All elections are effective immediately. Currently, Ms. Keller is Chair of the Board of Directors of Keller Enterprises, LLC, and is responsible for the oversight of the ... 
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12/05/16MURPHY OIL CORPORATION AND PARTNERS ANNOUNCE AWARD OF DEEPWATER EXPLORATION BLOCK IN MEXICO
EL DORADO, Arkansas, December 5, 2016 - Murphy Oil Corporation (NYSE: MUR) today announced that a joint venture ("JV") led by its Mexican subsidiary, Murphy Sur, S. de R.L. de C.V., was the high bidder and is expected to be awarded Block 5 during Mexico's fourth phase, round one deepwater auction. Under the terms of the JV, Murphy will be the operator with a 30 percent working interest ("WI"), together with PC CARIGALI MEXICO OPERATIONS, S.A. DE C.V., a wholly-owned subsidiar... 
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10/26/16MURPHY OIL CORPORATION ANNOUNCES PRELIMINARY THIRD QUARTER 2016 FINANCIAL AND OPERATING RESULTS
EL DORADO, Arkansas, October 26, 2016 - Murphy Oil Corporation (NYSE: MUR) today announced its preliminary financial and operating results for the third quarter ended September 30, 2016, including a net loss of $16.2 million, or $0.09 per diluted share. Operating and financial highlights for the third quarter 2016 include: Produced volumes over 169.8 Mboepd in the third quarter Lowered G&A expense by 23 percent from third quarter 2015 Continued successful employment of high-intensity fracs... 
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10/06/16MURPHY OIL CORPORATION SCHEDULES THIRD QUARTER 2016 EARNINGS RELEASE AND CONFERENCE CALL
EL DORADO, Arkansas, October 6, 2016 - Murphy Oil Corporation (NYSE:MUR) has scheduled its third quarter 2016 earnings webcast and conference call at 1:00 p.m. Eastern Time (ET), on Thursday, October 27, 2016. Third quarter 2016 earnings will be announced after market close on Wednesday, October 26, 2016 and will be available on the company's website at http://ir.murphyoilcorp.com. Interested parties may participate by dialing 1-888-587-0613 and referencing reservation number 3675259.  To access... 
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10/05/16MURPHY OIL CORPORATION ANNOUNCES DIVIDEND
EL DORADO, Arkansas, October 5, 2016 - The Board of Directors of Murphy Oil Corporation (NYSE: MUR) today declared a quarterly cash dividend on the Common Stock of Murphy Oil Corporation of $0.25 per share, or $1.00 per share on an annualized basis.  The dividend is payable December 1, 2016 to holders of record November 14, 2016.ABOUT MURPHY OIL CORPORATION Murphy Oil Corporation is a global independent oil and natural gas exploration and production company.  The company's diverse resource base... 
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08/30/16MURPHY OIL CORPORATION TO PRESENT AT UPCOMING ENERGY CONFERENCE
EL DORADO, Arkansas, August 30, 2016 - Murphy Oil Corporation (NYSE:MUR) announced today that Roger Jenkins, President and CEO, will present at the Barclays CEO Energy-Power Conference on Thursday, September 8, 2016, 11:05 a.m. Eastern Time (ET).  The live audio webcast presentation will be available on the company's website at http://ir.murphyoilcorp.com with a replay available for 30 days following the event. ABOUT MURPHY OIL CORPORATIONMurphy Oil Corporation is a global independent oil and n... 
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08/12/16MURPHY OIL CORPORATION ANNOUNCES PRICING AND UPSIZING OF OFFERING OF $550 MILLION OF SENIOR NOTES DUE 2024
EL DORADO, Arkansas, August 12, 2016 - Murphy Oil Corporation (NYSE:MUR) announced it has priced an offering of $550 million of 6.875 percent Senior Notes that will mature in 2024 ("2024 notes"), an increase from the previously announced offering of $500 million, pursuant to an effective shelf registration statement previously filed with the Securities and Exchange Commission ("SEC").  The company expects to close the offering on August 17, 2016, subject to customary closing... 
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08/10/16MURPHY OIL CORPORATION ANNOUNCES OFFERING OF $500 MILLION OF SENIOR NOTES DUE 2024
EL DORADO, Arkansas, August 10, 2016 - Murphy Oil Corporation (NYSE:MUR) announced, subject to market conditions, it intends to offer $500 million of Senior Notes that will mature in 2024 ("2024 notes") pursuant to an effective shelf registration statement previously filed with the Securities and Exchange Commission ("SEC").  The company expects to use the net proceeds from the offering of the 2024 notes for general corporate purposes, which may include the repayment, repurc... 
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08/10/16MURPHY OIL CORPORATION ANNOUNCES INTENT TO ENTER INTO NEW CREDIT FACILITY
EL DORADO, Arkansas, August 10, 2016 - Murphy Oil Corporation (NYSE:MUR) announced that it has received commitments from certain members of its existing bank group and other new lenders to enter into a $1.2 billion revolving credit facility. The new revolving credit facility will be a senior unsecured guaranteed facility and will expire in August 2019.  The company presently expects the facility to be undrawn at closing. "Given market conditions this new revolving facility reflects the stre... 
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08/03/16MURPHY OIL CORPORATION ANNOUNCES DIVIDEND
EL DORADO, Arkansas, August 3, 2016 - The Board of Directors of Murphy Oil Corporation (NYSE: MUR) today declared a quarterly cash dividend on the Common Stock of Murphy Oil Corporation of $0.25 per share, or $1.00 per share on an annualized basis. This represents approximately a 29 percent reduction from the previous quarterly level of $0.35 per share. The dividend is payable September 1, 2016 to holders of record August 15, 2016. "The decision to reduce the dividend was a difficult but pr... 
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07/27/16MURPHY OIL CORPORATION ANNOUNCES PRELIMINARY SECOND QUARTER 2016 FINANCIAL AND OPERATING RESULTS
EL DORADO, Arkansas, July 27, 2016 - Murphy Oil Corporation (NYSE: MUR) today announced its preliminary financial and operating results for the second quarter ended June 30, 2016, including net income of $3 million, or $0.02 per diluted share. Operating and financial highlights for the second quarter 2016 include: Closed the divestitures of Syncrude and Montney natural gas processing and sales pipeline assets generating combined proceeds of approximately $1.15 billion Completed the company's j... 
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07/13/16MURPHY OIL CORPORATION SCHEDULES SECOND QUARTER 2016 EARNINGS RELEASE AND CONFERENCE CALL
EL DORADO, Arkansas, July 13, 2016 - Murphy Oil Corporation (NYSE:MUR) has scheduled its second quarter 2016 earnings webcast and conference call at 1:00 p.m. Eastern Time (ET), on Thursday, July 28, 2016. Second quarter 2016 earnings will be announced after market close on Wednesday, July 27, 2016 and will be available on the Company's website at http://ir.murphyoilcorp.com. Interested parties may participate by dialing 1-888-802-2266 and referencing reservation number 9900445.  To access the l... 
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06/27/16MURPHY OIL CORPORATION TO PRESENT AT UPCOMING CONFERENCE
EL DORADO, Arkansas, June 27, 2016 - Murphy Oil Corporation (NYSE:MUR) announced today that Roger Jenkins, President and CEO, will present at the J.P. Morgan Inaugural Energy Equity Conference on Wednesday, June 29, 2016, 12:20 p.m. Eastern Time (ET).  The presentation slides will be available Wednesday, June 29, 2016 on the Company's website at http://ir.murphyoilcorp.com. ABOUT MURPHY OIL CORPORATION Murphy Oil Corporation is a global independent oil and natural gas exploration and production... 
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06/23/16MURPHY OIL CORPORATION CLOSES SYNCRUDE DIVESTITURE
EL DORADO, Arkansas, June 23, 2016 - Murphy Oil Corporation (NYSE: MUR) today announced its Canadian subsidiary, Murphy Oil Company Ltd. ("MOCL"), closed the sale of its five percent non-operated working interest in Syncrude Canada Ltd. ("Syncrude") to Suncor Energy Inc. ("Suncor"). The transaction was previously announced on April 27, 2016, with an effective date of April 1, 2016. This non-core asset divestiture will positively impact corporate liquidity by increas... 
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05/26/16MURPHY OIL CORPORATION TO PRESENT AT UPCOMING CONFERENCE
EL DORADO, Arkansas, May 26, 2016 - Murphy Oil Corporation (NYSE:MUR) announced today that Roger Jenkins, President and CEO, will present at Bernstein's 32nd Annual Strategic Decisions Conference on Thursday, June 2, 2016, 4:00 p.m. Eastern Time (ET). The presentation slides will be available Thursday, June 2, 2016 on the Company's website at http://ir.murphyoilcorp.com. ABOUT MURPHY OIL CORPORATIONMurphy Oil Corporation is a global independent oil and natural gas exploration and production co... 
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05/13/16MURPHY OIL CORPORATION CLOSES KAYBOB DUVERNAY AND LIQUIDS RICH PLACID MONTNEY JOINT VENTURE
EL DORADO, Arkansas, May 13, 2016 - Murphy Oil Corporation (NYSE: MUR) today announced that its Canadian subsidiary, Murphy Oil Company Ltd. ("MOCL"), closed the joint venture ("JV") with affiliates of Athabasca Oil Corporation ("Athabasca") that was previously announced on January 27, 2016. Under the terms of the JV, Murphy's subsidiary acquired a 70 percent operated working interest ("WI") of Athabasca's production, acreage, infrastructure and facilitie... 
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05/04/16MURPHY OIL CORPORATION ANNOUNCES PRELIMINARY FIRST QUARTER 2016 FINANCIAL AND OPERATING RESULTS
EL DORADO, Arkansas, May 4, 2016 - Murphy Oil Corporation (NYSE: MUR) today announced its preliminary financial and operating results for the first quarter ended March 31, 2016, including a net loss of $198.8 million, or $1.16 per diluted share, during the quarter. The net loss during the first quarter includes a non-cash impairment of oil and natural gas properties of $95.1 million, or $68.9 million net of tax, and restructuring charges of $9.3 million, or $6.2 million net of tax. Details are p... 
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04/27/16MURPHY OIL CORPORATION ANNOUNCES NON-CORE ASSET SALE - DIVESTS INTEREST IN SYNCRUDE JOINT VENTURE FOR C$937 MILLION
EL DORADO, Arkansas, April 27, 2016 - Murphy Oil Corporation (NYSE: MUR) today announced that its Canadian subsidiary has signed a purchase and sale agreement for the sale of its Syncrude Canada Ltd. ("Syncrude") asset to Suncor Energy Inc. ("Suncor"), for approximately C$937 million, subject to closing adjustments. The company will divest its five percent, non-operated working interest in Syncrude subject to regulatory approval and normal closing conditions, and is anticipat... 
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04/15/16MURPHY OIL SCHEDULES EARNINGS CONFERENCE CALL
EL DORADO, Arkansas, April 15, 2016 - Murphy Oil Corporation (NYSE:MUR) has scheduled its earnings conference call at 1:00 p.m. Eastern Time (ET), on Thursday, May 5, 2016, to review first quarter 2016 earnings, which will be announced after market close on Wednesday, May 4, 2016. Interested parties may participate by dialing 1-877-879-6209 and referencing reservation number 2198614.  The live audio webcast and presentation materials can be accessed through the Investor Relations section of Murp... 
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04/06/16MURPHY OIL CORPORATION ANNOUNCES DIVIDEND
EL DORADO, Arkansas, April 6, 2016 - The Board of Directors of Murphy Oil Corporation (NYSE: MUR) today declared a quarterly cash dividend on the Common Stock of Murphy Oil Corporation of $0.35 per share, or $1.40 per share on an annualized basis.  The dividend is payable June 1, 2016, to holders of record May 16, 2016.  ABOUT MURPHY OIL CORPORATIONMurphy Oil Corporation is a global independent oil and natural gas exploration and production company, with proved reserves of 774 million barrels of... 
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03/21/16MURPHY OIL CORPORATION TO PRESENT AT UPCOMING ENERGY CONFERENCE
EL DORADO, Arkansas, March 21, 2016 - Murphy Oil Corporation (NYSE:MUR) announced today that Roger Jenkins, President and CEO, will present at the Scotia Howard Weil Energy Conference on Tuesday, March 22, 2016, at 11:45 a.m. Eastern Time (ET).  The presentation will not be webcast, however a copy of the presentation slides will be available Tuesday, March 22, 2016 on the Company's website at http://ir.murphyoilcorp.com. ABOUT MURPHY OIL CORPORATION Murphy Oil Corporation is a global independen... 
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02/15/16MURPHY OIL CORPORATION TO PRESENT AT UPCOMING ENERGY CONFERENCE
EL DORADO, Arkansas, February 15, 2016 - Murphy Oil Corporation (NYSE:MUR) announced today that Roger Jenkins, President and CEO, will present at the Credit Suisse 21st Annual Energy Summit on Wednesday, February 24, 2016, at 12:25 p.m. Eastern Time (ET).   The live audio webcast presentation will be available on the Company's website at http://ir.murphyoilcorp.com with a replay available for 30 days following the event. ABOUT MURPHY OIL CORPORATION Murphy Oil Corporation is a global independent... 
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02/03/16MURPHY OIL ANNOUNCES DIVIDEND
EL DORADO, Arkansas, February 3, 2016 - The Board of Directors of Murphy Oil Corporation (NYSE: MUR) today declared a quarterly cash dividend on the Common Stock of Murphy Oil Corporation of $0.35 per share, or $1.40 per share on an annualized basis.  The dividend is payable March 1, 2016 to holders of record February 16, 2016.  ABOUT MURPHY OIL CORPORATIONMurphy Oil Corporation is a global independent oil and natural gas exploration and production company, with preliminary proved reserves of 77... 
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01/27/16MURPHY ANNOUNCES DIVESTITURE OF MONTNEY MIDSTREAM ASSETS WITH PARTIAL ALLOCATION OF PROCEEDS TO STRATEGIC KAYBOB DUVERNAY AND LIQUIDS RICH MONTNEY LANDS JOINT VENTURE
EL DORADO, Arkansas, January 27, 2016 - Murphy Oil Corporation (NYSE: MUR) today announced that its Canadian subsidiary, Murphy Oil Company Ltd. ("MOCL"), has signed a definitive agreement with Enbridge G&P Limited Partnership, a subsidiary of Enbridge Inc., ("Enbridge") to divest natural gas processing and sales pipeline assets that support Murphy's Montney natural gas fields in the Tupper and Tupper West areas of northeastern British Columbia. The transaction includes the sale of existing ... 
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01/27/16MURPHY OIL CORPORATION ANNOUNCES PRELIMINARY FOURTH QUARTER AND FULL YEAR 2015 FINANCIAL AND OPERATING RESULTS
EL DORADO, Arkansas, January 27, 2016 - Murphy Oil Corporation (NYSE: MUR) today announced its preliminary financial and operating results for the fourth quarter and full-year ended December 31, 2015, including a net loss of $587.1 million, or $3.41 per diluted share during the quarter. The net loss during the fourth quarter includes a non-cash impairment of oil and natural gas properties of $192.2 million, or $123.5 million net of tax, deepwater rig contract exit costs of $282.0 million, or $18... 
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01/14/16MURPHY OIL SCHEDULES EARNINGS CONFERENCE CALL
EL DORADO, Arkansas, January 14, 2016 - Murphy Oil Corporation (NYSE:MUR) has scheduled its earnings conference call at 1:00 p.m. Eastern Standard Time (EST), on Thursday, January 28, 2016, to review fourth quarter 2015 earnings, which will be announced after market close on Wednesday, January 27, 2016. Interested parties may participate by dialing 1-888-631-5929 and referencing reservation number 753454.  The live audio webcast and presentation materials can be accessed through the Investor Rel... 
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