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Murphy Oil Corp (MUR.N)

MUR.N on New York Stock Exchange

26.69USD
22 May 2019
Change (% chg)

$-0.80 (-2.91%)
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Volume
655,271
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512,711
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$36.52
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$21.51

Latest Key Developments (Source: Significant Developments)

Murphy Oil Corp Announces Deep Water, Oil-Weighted Gulf Of Mexico Acquisition
Tuesday, 23 Apr 2019 

April 23 (Reuters) - Murphy Oil Corp ::MURPHY OIL CORPORATION ANNOUNCES STRATEGIC DEEP WATER, OIL-WEIGHTED GULF OF MEXICO ACQUISITION.MURPHY OIL CORP - WILL PAY A CASH CONSIDERATION OF $1.375 BILLION.MURPHY OIL CORP - ACQUISITION WILL BE FUNDED BY A COMBINATION OF CASH ON HAND AND AVAILABILITY UNDER COMPANY'S $1.6 BILLION REVOLVING CREDIT FACILITY.MURPHY OIL CORP - STILL INTENDS TO EXECUTE PREVIOUSLY ANNOUNCED $500 MILLION SHARE REPURCHASE PROGRAM, EXPIRING ON DECEMBER 31, 2020.MURPHY OIL - ACQUISITION COST OF ACQUIRED ASSET IS APPROXIMATELY $20.75 PER BARREL OF OIL EQUIVALENT (BOE) FOR ESTIMATED PROVEN (1P) RESERVES.MURPHY OIL - ACQUISITION COST OF ACQUIRED ASSET ALSO INCLUDES ABOUT $11.25 PER BOE FOR ESTIMATED PROVEN AND PROBABLE (2P) RESERVES.MURPHY OIL - ENTERED AGREEMENT TO ACQUIRE DEEP WATER GULF OF MEXICO ASSETS FROM LLOG EXPLORATION OFFSHORE AND LLOG BLUEWATER HOLDINGS.MURPHY OIL - CONTINGENT DEAL CONSIDERATION INCLUDE UP TO $200 MILLION IF REVENUE FROM PROPERTIES EXCEEDS CERTAIN CONTRACTUAL THRESHOLDS BETWEEN 2019 AND 2022.MURPHY OIL - CONTINGENT DEAL CONSIDERATION INCLUDE UP TO $50 MILLION FOLLOWING FIRST OIL FROM CERTAIN DEVELOPMENT PROJECTS.MURPHY OIL - DEAL IS IMMEDIATELY ACCRETIVE.  Full Article

Murphy Oil Declares Quarterly Cash Dividend Of $0.25 Per Share On Co's Common Stock
Wednesday, 3 Apr 2019 

April 3 (Reuters) - Murphy Oil Corp ::MURPHY OIL CORP - DECLARED A QUARTERLY CASH DIVIDEND ON COMMON STOCK OF MURPHY OIL CORPORATION OF $0.25 PER SHARE.  Full Article

PTT Exploration And Production's Unit To Acquire Murphy Oil Corp's Business In Malaysia
Thursday, 21 Mar 2019 

March 21 (Reuters) - PTT Exploration and Production PCL ::UNIT SIGNED SHARE SALE AND PURCHASE AGREEMENT TO ACQUIRE 100% OF MURPHY OIL CORP'S BUSINESS IN MALAYSIA.TRANSACTION IS BASED ON ENTERPRISE VALUE OF $2,127 MILLION.DEAL INCLUDES EXTRA $100 MILLION CONTINGENT UPON DISCOVERY AT CERTAIN SIGNIFICANT THRESHOLD OF OIL IN SK405B PROJECT.PTTEP PLANS TO USE ITS AVAILABLE CASH TO FUND THE ACQUISITION.  Full Article

Murphy Oil Says Expects To Spend About $1,300 Million In 2019
Wednesday, 27 Feb 2019 

Feb 27 (Reuters) - Murphy Oil Corp ::MURPHY OIL - EXPECTS TO SPEND ABOUT $1,300 MILLION IN 2019, $1,200 MILLION IN 2020, $900 MILLION IN 2021 TO MOVE UNDEVELOPED PROVED RESERVES TO DEVELOPED CATEGORY.  Full Article

Murphy Oil Corp - Quarterly Cash Dividend On Common Stock Of Murphy Oil Corporation Of $0.25 Per Share
Wednesday, 6 Feb 2019 

Murphy Oil Corp ::MURPHY OIL CORP - QUARTERLY CASH DIVIDEND ON COMMON STOCK OF MURPHY OIL CORPORATION OF $0.25 PER SHARE.  Full Article

Murphy Oil Corporation Q3 Earnings Per Share $0.54
Thursday, 8 Nov 2018 

Nov 7 (Reuters) - Murphy Oil Corp ::ORATION ANNOUNCES THIRD QUARTER 2018 FINANCIAL AND OPERATING RESULTS.Q3 EARNINGS PER SHARE $0.54.Q3 EARNINGS PER SHARE VIEW $0.36 -- THOMSON REUTERS I/B/E/S.PRODUCED 169 THOUSAND BARRELS OF OIL EQUIVALENT PER DAY, WITH 58 PERCENT LIQUIDS IN QUARTER.MAINTAINING FULL YEAR 2018 PRODUCTION GUIDANCE TO BE IN RANGE OF 168,500 TO 170,500 BOEPD.FULL YEAR CAPITAL EXPENDITURE GUIDANCE MAINTAINED AT $1.18 BILLION.PRODUCTION FOR Q4 2018 IS ESTIMATED TO BE IN RANGE OF 167,000 TO 169,000 BOEPD.QTRLY TOTAL REVENUE $674.8 MILLION VERSUS $498.3 MILLION.SEVERAL RECENT EVENTS ACROSS MANY OF OUR ASSETS ARE AFFECTING OUR Q4 PRODUCTION.MURPHY OIL - EAGLE FORD SHALE STILL IMPACTED BY EXCESSIVE RAINS CAUSING WIDE-SPREAD FLOODING WASHING OUT ROADS TO SOME OF KEY PRODUCING AREAS.Q3 REVENUE VIEW $633.5 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Keyera Announces Natural Gas Handling Agreements And Capital Investments At Its Simonette Gas Plant
Friday, 1 Dec 2017 

Nov 30 (Reuters) - Keyera Corp ::KEYERA ANNOUNCES NATURAL GAS HANDLING AGREEMENTS AND CAPITAL INVESTMENTS AT ITS SIMONETTE GAS PLANT.KEYERA CORP - PLANS TO ENHANCE ITS SIMONETTE GAS PLANT OPERATIONS WITH IMPROVED INLET LIQUIDS HANDLING FACILITIES AND ACID GAS INJECTION FACILITIES.KEYERA CORP - NOW EXPECTS TO INVEST GROWTH CAPITAL OF BETWEEN $800 MILLION AND $900 MILLION IN 2018.KEYERA- ‍ ENTERED 10-YEAR GAS HANDLING AGREEMENTS WITH ATHABASCA OIL, MURPHY OIL TO PROCESS NATURAL GAS PRODUCTION FROM THEIR MONTNEY, DUVERNAY OPERATIONS​.KEYERA CORP - INVESTMENTS AT SIMONETTE GAS PLANT OPERATIONS ARE EXPECTED TO COST BETWEEN $85 MILLION AND $100 MILLION AND BE OPERATIONAL IN FIRST HALF OF 2019.  Full Article

Murphy Oil Corp reports Q3 adjusted loss per share $0.03 excluding items
Thursday, 2 Nov 2017 

Nov 1 (Reuters) - Murphy Oil Corp :Murphy Oil Corp announces third quarter 2017 financial and operating results.Q3 adjusted loss per share $0.03 excluding items.Q3 loss per share $0.38 from continuing operations.Q3 earnings per share view $-0.15 -- Thomson Reuters I/B/E/S.Murphy Oil Corp - ‍production in q3 2017 averaged 154 thousand barrels of oil equivalent per day​.Murphy Oil Corp - production for the fourth quarter 2017 is estimated in the range of 170 mboepd to 172 mboepd.Murphy Oil Corp - tightening estimated full year 2017 production guidance to be in the range of 164 mboepd‍​ to 165 mboepd‍​.Murphy Oil Corp - fy capital expenditure guidance is being increased by about $50 million to $940 mln‍​.Murphy oil corp qtrly ‍total revenues $498.3 million versus $485.5 million​.  Full Article

Murphy Oil to buy Gulf of Mexico assets for $1.38 billion

Oil and gas producer Murphy Oil Corp said on Tuesday it would buy Gulf of Mexico assets from LLOG Exploration Offshore and LLOG Bluewater Holdings for at least $1.38 billion in cash in a move to strengthen its position in the region that saw record production last year.