2013 News Releases

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11/14/13MURPHY OIL CORPORATION TO PRESENT AT UPCOMING ENERGY CONFERENCE
EL DORADO, Arkansas, November 14, 2013 - Murphy Oil Corporation (NYSE:MUR) announced today that Roger Jenkins, President and CEO, will present at the Bank of America Merrill Lynch 2013 Global Energy Conference on Thursday, November 21, 2013 at 2:50 p.m. EST.   The presentation will be webcast live on the Company's website at http://ir.murphyoilcorp.comwith a replay available for 90 days after the event. Murphy Oil Corporation is an independent exploration and production company with a strong ... 
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11/11/13MURPHY OIL CORPORATION ANNOUNCES $250 MILLION ACCELERATED SHARE REPURCHASE TRANSACTION
EL DORADO, Arkansas, November 11, 2013 - Murphy Oil Corporation (NYSE:MUR) ("the Company") announced today that it has entered into a variable term, capped accelerated share repurchase transaction (the "ASR") with Wells Fargo Bank, National Association to repurchase an aggregate of $250 million of the Company's common stock.  The ASR is part of the board authorized program to repurchase up to $1 billion of the Company's stock announced on October 16, 2012 and recently extende... 
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11/06/13MURPHY OIL CORPORATION TO PRESENT AT UPCOMING ENERGY CONFERENCE
EL DORADO, Arkansas, November 6, 2013 - Murphy Oil Corporation (NYSE:MUR) announced today that Roger Jenkins, President and CEO, will present at the Jefferies 2013 Global Energy Conference on Wednesday November 13, 2013 at 2:30 p.m. CST. The presentation will be webcast live on the Company's website at http://ir.murphyoilcorp.com with a replay available for 30 days after the event. Murphy Oil Corporation is an independent exploration and production company with a strong portfolio of globa... 
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10/30/13MURPHY OIL ANNOUNCES PRELIMINARY QUARTERLY EARNINGS AND EXPLORATORY DRILLING RESULTS
EL DORADO, Arkansas, October 30, 2013 - Murphy Oil Corporation (NYSE: MUR) announced today that net income, which includes the results of discontinued operations, was $284.8 million ($1.51 per diluted share) in the third quarter 2013 compared to $226.7 million ($1.16 per diluted share) in the 2012 third quarter.  Income from continuing operations in the third quarter of 2013 was $252.1 million ($1.34 per diluted share) compared to $211.7 million ($1.08 per diluted s... 
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10/03/13Murphy Oil Schedules Earnings Conference Call
EL DORADO, Arkansas, October 3, 2013 - Murphy Oil Corporation (NYSE:MUR) has scheduled its conference call at 12:00 p.m. Central Daylight Time (CDT) on Thursday, October 31, 2013 to review third quarter 2013 earnings, which will be announced Wednesday afternoon October 30, 2013.  Marketwired is handling arrangements for the call.  Interested parties may participate by dialing 1-888-661-5167 and referencing reservation number 7069828.  The call will also be broadcast live over the ... 
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10/02/13MURPHY OIL ANNOUNCES DIVIDEND AND EXTENSION OF SHARE REPURCHASE PROGRAM
EL DORADO, Arkansas, October 2, 2013 - 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 $0.3125 per share, or $1.25 per share on an annualized basis.  The dividend is payable December 2, 2013 to holders of record November 15, 2013. In October 2012, Murphy Oil's Board of Directors authorized a share repurchase program of up to $1 billion of the Company's Common stock.  To date, Murphy has repurc... 
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09/10/13MURPHY OIL CORPORATION ADJUSTS PRODUCTION GUIDANCE
EL DORADO, Arkansas, September 10, 2013 - Murphy Oil Corporation (NYSE:MUR) today announced an update to production guidance for the third quarter 2013.  Third quarter worldwide production volumes are expected to be 198,000 barrels of oil equivalent per day with a similar level of sales volumes during this period.  This is up from our previous guidance of 190,000 barrels of oil equivalent per day for both production and sales in the third quarter.  Production for the full year remains unchanged ... 
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09/05/13MURPHY OIL CORPORATION TO PRESENT AT UPCOMING ENERGY CONFERENCE
MURPHY OIL CORPORATION TO PRESENT AT UPCOMING ENERGY CONFERENCE EL DORADO, Arkansas, September 5, 2013 - Murphy Oil Corporation (NYSE:MUR) announced today that Roger Jenkins, President and CEO, will present at the Barclays Capital CEO Energy-Power Conference on Wednesday, September 11, 2013 at 2:25 p.m. EDT. The presentation will be webcast live on the Company's website at http://ir.murphyoilcorp.com with a replay available for 30 days after the event. Murphy Oil Corporation is an i... 
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09/04/13MURPHY OIL CORPORATION ANNOUNCES ALLOCATION OF TAX BASIS FOR THE SPIN-OFF OF MURPHY USA INC.
EL DORADO, Arkansas, September 4, 2013 - Murphy Oil Corporation (NYSE:MUR) announced today the allocation of tax basis resulting from the tax-free spin-off Murphy USA Inc. Based on the relative fair market values of the respective companies on September 3, 2013, the first day of trading after distribution, 13.89 percent of a stockholder's tax basis in Murphy Oil Corporation Common Stock should be allocated to the shares of Common Stock in Murphy USA Inc. received pursuant to the distribution de... 
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08/30/13Murphy Oil Corporation Completes Spin-off of Murphy USA Inc.
EL DORADO, Ark.--(BUSINESS WIRE)--Aug. 30, 2013-- Murphy Oil Corporation (NYSE:MUR) (“Murphy Oil”) announced today that it has completed the spin-off of its U.S. retail marketing business into an independent public company called Murphy USA Inc. (“Murphy USA”). The spin-off was achieved through the distribution to Murphy Oil’s shareholders of one share of Murphy USA common stock for every four shares of Murphy Oil stock held at the close of business on the record date of August 21, 2013. Steve... 
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08/08/13Murphy Oil Announces New Officers
EL DORADO, Ark.--(BUSINESS WIRE)--Aug. 8, 2013-- Murphy Oil Corporation (NYSE:MUR) announced today the following promotions, effective August 7, 2013. Barry Jeffery has been promoted to Vice President, Investor Relations. Jeffery joined the Company in 1986 as a Thermal Engineer at Murphy Oil Company, Ltd. in Calgary, Canada. He held several positions with that subsidiary before being promoted to Manager, Crude Oil Trading and ... 
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08/07/13Murphy Oil Announces Executive Management Appointment and Election of New Directors
EL DORADO, Ark.--(BUSINESS WIRE)--Aug. 7, 2013-- Murphy Oil Corporation (NYSE:MUR) (“Murphy”) announced today that the Board of Directors, consistent with the previous announcement on May 6, 2013, has named Roger Jenkins to the position of President and Chief Executive Officer, effective August 30, 2013. Jenkins will succeed Steven A. Cossé who is stepping down effective the same date. Mr. Jenkins has also been elected to the Board of Directors and the ... 
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08/07/13Murphy Oil Corporation Approves Spin-Off of Murphy USA Inc. and Announces Regular Dividend
EL DORADO, Ark.--(BUSINESS WIRE)--Aug. 7, 2013-- Murphy Oil Corporation (NYSE:MUR) (the “Company” or “Murphy Oil”) announced today that its Board of Directors has approved both the spin-off of its U.S. retail marketing business and the regular quarterly dividend. The spin-off of the U.S. retail marketing business will be achieved through the distribution of 100% of the shares of Murphy USA Inc. (“MUSA”) to holders of Murphy Oil common stoc... 
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07/31/13Murphy Oil Announces Preliminary Second Quarter Earnings
EL DORADO, Ark.--(BUSINESS WIRE)--Jul. 31, 2013-- Murphy Oil Corporation (NYSE: MUR) announced today that net income was $402.6 million ($2.12 per diluted share) in the 2013 second quarter, up from $295.4 million ($1.52 per diluted share) in the second quarter 2012. Net income in the 2013 quarter included income from discontinued operations of $70.5 million ($0.37 per diluted share) compared to income from discontinued operations of $4.1 million ($0.02 p... 
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06/27/13Murphy Oil Schedules Earnings Conference Call
EL DORADO, Ark.--(BUSINESS WIRE)--Jun. 27, 2013-- Murphy Oil Corporation (NYSE:MUR) has scheduled its conference call at 12:00 p.m. Central Daylight Time (CDT) on Thursday, August 1, 2013 to review second quarter 2013 earnings, which will be announced Wednesday afternoon July 31, 2013. Marketwire is handling arrangements for the call. Interested parties may participate by dialing 1-877-856-1968 and referencing reservation number 3576715. The call will al... 
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06/20/13Murphy Oil Corporation Announces Board of Directors for Murphy USA Inc.
EL DORADO, Ark.--(BUSINESS WIRE)--Jun. 20, 2013-- Murphy Oil Corporation (NYSE:MUR), announced today ten directors who are expected to serve on the Board for Murphy USA Inc., after completion of a spin off later this year. Murphy USA Inc., currently a subsidiary of Murphy Oil Corporation, will become a stand-alone company focused primarily on the marketing of retail fuel and convenience merchandise. R. Madison Murphy will serve as Chairman of the... 
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06/07/13Murphy Oil Reports Well Result Offshore Australia
EL DORADO, Ark.--(BUSINESS WIRE)--Jun. 7, 2013-- Murphy Oil Corporation (NYSE:MUR) announced today, through its wholly owned subsidiary, Murphy Australia WA-408-P Oil Pty Ltd., the well results of the non-operated Bassett West-1 well in the Browse basin offshore Western Australia. The well encountered over 20 feet of net gas condensate pay. The partnership group will be performing further technical assessment to evaluate the potential for ... 
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05/23/13Murphy Oil Corporation Announces Second $250 Million Accelerated Share Repurchase Transaction and Completion of Previous Accelerated Share Repurchase Transaction
EL DORADO, Ark.--(BUSINESS WIRE)--May. 23, 2013-- Murphy Oil Corporation (NYSE:MUR) (“the Company”) announced today that it has entered into a variable term, capped accelerated share repurchase transaction (the “ASR”) with Merrill Lynch International to repurchase an aggregate of $250 million of the Company’s common stock. The ASR is the second part of the board authorized program to repurchase up to $1 billion of the Company’s stock announced on October... 
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05/14/13Murphy Oil Corporation Recommends Rejection of TRC Capital’s ‘Mini-Tender’ Offer
EL DORADO, Ark.--(BUSINESS WIRE)--May. 14, 2013-- Murphy Oil Corporation (NYSE: MUR) (“Murphy”) has received notification of an unsolicited “mini-tender” offer by TRC Capital Corporation to purchase up to 2 million shares, or approximately 1.05 percent, of Murphy’s outstanding common stock at $61.00 per share, which was 4.78 percent below Murphy’s closing share price on May 8, 2013, the day prior to the offer. Murphy does not endorse TRC’s... 
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05/06/13Murphy Oil Corporation Announces Executive Management Succession Plan
EL DORADO, Ark.--(BUSINESS WIRE)--May. 6, 2013-- Murphy Oil Corporation (NYSE: MUR) (“Murphy”) announced today that its President and Chief Executive Officer, Steve Cossé, has informed the Murphy Board of Directors that he intends to step down from that position following the completion of the previously announced plan to spin off to its stockholders its U.S. downstream operations into an independent and separately traded company. The spin-off will be ef... 
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05/01/13Murphy Oil Announces Preliminary First Quarter 2013 Earnings
EL DORADO, Ark.--(BUSINESS WIRE)--May. 1, 2013-- Murphy Oil Corporation (NYSE: MUR) announced today that net income in the first quarter of 2013 was $360.6 million ($1.88 per diluted share), compared to net income of $290.1 million ($1.49 per diluted share) in the first quarter of 2012. The first quarter of 2013 included income from discontinued operations of $152.6 million ($0.80 per diluted share) compared to income of $8.6 million ($0.05 per diluted s... 
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04/04/13Murphy Oil Schedules Earnings Conference Call and Analyst Meeting Webcast
EL DORADO, Ark.--(BUSINESS WIRE)--Apr. 4, 2013-- Murphy Oil Corporation (NYSE:MUR) has scheduled its conference call at 12:00 p.m. Central Daylight Time (CDT) on Thursday, May 2, 2013 to review first quarter 2013 earnings, which will be announced Wednesday afternoon, May 1, 2013. Marketwire is handling arrangements for the call. Interested parties may participate by dialing 1-877-741-4253 and referencing reservation number 2999412. The call will also be broadcast live over the internet and can b... 
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04/03/13Murphy Oil Announces Dividend
EL DORADO, Ark.--(BUSINESS WIRE)--Apr. 3, 2013-- The Board of Directors of Murphy Oil Corporation (NYSE: MUR) today declared a quarterly dividend on the Common Stock of Murphy Oil Corporation of $0.3125 per share, or $1.25 per share on an annualized basis. The dividend is payable June 3, 2013 to holders of record May 17, 2013. Source: Murphy Oil Corporation Murphy Oil Corporation Barry Jeffery, 870-864-6501... 
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02/06/13CORRECTING and REPLACING Murphy Oil Announces Dividend
EL DORADO, Ark.--(BUSINESS WIRE)--Feb. 6, 2013-- First graph, second sentence of release should read: The dividend is payable March 1, 2013 to holders of record February 19, 2013 (sted The dividend is payable March 1, 2013 to holders of record February 18, 2013). The corrected release reads: MURPHY OIL ANNOUNCES DIVIDEND The Board of Directors of Murphy Oil Corporation (NYSE: MUR) today declared a quarterly dividend ... 
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02/06/13Murphy Oil Announces Dividend
EL DORADO, Ark.--(BUSINESS WIRE)--Feb. 6, 2013-- The Board of Directors of Murphy Oil Corporation (NYSE: MUR) today declared a quarterly dividend on the Common Stock of Murphy Oil Corporation of $0.3125 per share, or $1.25 per share on an annualized basis. The dividend is payable March 1, 2013 to holders of record February 18, 2013. Source: Murphy Oil Corporation Murphy Oil Corporation Barry Jeffery, 870-864-6501... 
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01/30/13Murphy Oil Announces Preliminary Quarterly and Annual Financial Results
EL DORADO, Ark.--(BUSINESS WIRE)--Jan. 30, 2013-- Murphy Oil Corporation (NYSE: MUR) announced today that its net income in the fourth quarter of 2012 was $158.7 million ($0.82 per diluted share) compared to a net loss of $113.9 million ($0.59 per diluted share) in the fourth quarter of 2011. Net income in the fourth quarter of 2012 was improved over the same 2011 quarter principally due to lower impairment expenses and income tax benefits associated wit... 
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01/08/13Murphy Oil Announces Executive Appointment
EL DORADO, Ark.--(BUSINESS WIRE)--Jan. 8, 2013-- Murphy Oil Corporation (NYSE:MUR) announced today the appointment of R. Andrew Clyde as President and Chief Executive Officer of Murphy Oil USA, Inc., the U.S. retail marketing subsidiary of Murphy Oil Corporation. Murphy Oil USA, Inc. currently has over 1,150 U.S. retail locations and recently announced an agreement with Wal-Mart Stores, Inc. to provide access to over 200 new locations in the Midwest and ... 
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