MUR-2020.04.13-8K/A
false0000717423
0000717423
2020-03-25
2020-03-25
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K/A
(Amendment No. 1)
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): March 25, 2020
MURPHY OIL CORPORATION
(Exact name of registrant as specified in its charter)
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Delaware | | 1-8590 | | 71-0361522 |
(State or other jurisdiction of incorporation) | | (Commission File Number) | | (I.R.S. Employer Identification No.) |
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| 300 Peach Street, P.O. Box 7000 | |
| El Dorado, | Arkansas | 71730-7000 | |
| (Address of principal executive offices, including zip code) | |
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| (870) | 862-6411 | |
| Registrant’s telephone number, including area code | |
| Not applicable | |
| (Former Name or Former Address, if Changed Since Last Report) | |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): |
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☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act: |
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Title of each class | Trading Symbol | Name of each exchange on which registered |
Common Stock, $1.00 Par Value | MUR | New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
EXPLANATORY NOTE
As previously disclosed in its Current Report on Form 8-K, filed with the U.S. Securities and Exchange Commission on March 25, 2020 (the Original Form 8-K), on March 25, 2020, Murphy Oil Corporation issued a press release announcing that Roger W. Jenkins, President and Chief Executive Officer, had taken temporary medical leave. In the interim, David R. Looney, the company’s Executive Vice President and Chief Financial Officer, had temporarily assumed Mr. Jenkins’s responsibilities as President and Chief Executive Officer.
This Current Report on Form 8-K/A amends and supplements the Original Form 8-K to provide that Mr. Jenkins has recovered and resumed his responsibilities with the company as President and Chief Executive Officer following his temporary medical leave. Mr. Looney, who assumed Mr. Jenkins responsibilities, has returned to his day-to-day role as Executive Vice President and Chief Financial Officer.
This Current Report on Form 8-K/A should be read in connection with the Original Form 8-K.
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 25, 2020, Murphy Oil Corporation issued a press release, attached hereto as Exhibit 99.1, announcing that Roger W. Jenkins, President and Chief Executive Officer, has recovered and resumed his responsibilities with the company as President and Chief Executive Officer following his temporary medical leave. David R. Looney, who assumed Mr. Jenkins responsibilities, has returned to his day-to-day role as Executive Vice President and Chief Financial Officer.
Item 9.01. Financial Statements and Exhibits
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(d) | Exhibits |
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104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| MURPHY OIL CORPORATION |
Date: March 25, 2020 | | |
| By: | /s/ Christopher D. Hulse |
| | Christopher D. Hulse |
| | Vice President and Controller |
MUR-2020.04.13-EX99.1
MURPHY OIL CORPORATION CHIEF EXECUTIVE OFFICER RETURNS
FROM TEMPORARY MEDICAL LEAVE
EL DORADO, Arkansas, March 25, 2020 – Murphy Oil Corporation (NYSE: MUR) announced today that Roger W. Jenkins, President and Chief Executive Officer, has recovered and resumed his responsibilities with the company as President and Chief Executive Officer following his temporary medical leave. David R. Looney, who assumed Mr. Jenkins responsibilities, has returned to his day-to-day role as Executive Vice President and Chief Financial Officer.
ABOUT MURPHY OIL CORPORATION
As an independent oil and natural gas exploration and production company, Murphy Oil Corporation believes in providing energy that empowers people by doing right always, staying with it and thinking beyond possible. It challenges the norm, taps into its strong legacy and uses its foresight and financial discipline to deliver inspired energy solutions. Murphy sees a future where it is an industry leader who is positively impacting lives for the next 100 years and beyond. Additional information can be found on the company’s website at www.murphyoilcorp.com.
FORWARD-LOOKING STATEMENTS
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally identified through the inclusion of words such as “aim”, “anticipate”, “believe”, “drive”, “estimate”, “expect”, “expressed confidence”, “forecast”, “future”, “goal”, “guidance”, “intend”, “may”, “objective”, “outlook”, “plan”, “position”, “potential”, “project”, “seek”, “should”, “strategy”, “target”, “will” or variations of such words and other similar expressions. These
statements, which express management’s current views concerning future events or results, are subject to inherent risks and uncertainties. Factors that could cause one or more of these future events or results not to occur as implied by any forward-looking statement include, but are not limited to: increased volatility or deterioration in the success rate of our exploration programs or in our ability to maintain production rates and replace reserves; reduced customer demand for our products due to environmental, regulatory, technological or other reasons; adverse foreign exchange movements; political and regulatory instability in the markets where we do business; natural hazards impacting our operations; any other deterioration in our business, markets or prospects; any failure to obtain necessary regulatory approvals; any inability to service or refinance our outstanding debt or to access debt markets at acceptable prices; or adverse developments in the U.S. or global capital markets, credit markets or economies in general. For further discussion of factors that could cause one or more of these future events or results not to occur as implied by any forward-looking statement, see Risk Factors in our most recent Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (SEC) and any subsequent Quarterly Report on Form 10-Q or Current Report on Form 8-K that we file, available from the SEC’s website and from Murphy Oil Corporation’s website at http://ir.murphyoilcorp.com. Murphy Oil Corporation undertakes no duty to publicly update or revise any forward-looking statements.
Investor Contacts:
Kelly Whitley, kelly_whitley@murphyoilcorp.com, 281-675-9107
Bryan Arciero, bryan_arciero@murphyoilcorp.com, 281-675-9339
Megan Larson, megan_larson@murphyoilcorp.com, 281-675-9470