Murphy Oil Corporation Stock News

The company holds game-changing prospects and maintains a strong balance sheet under new CEO leadership. MUR focuses on steady growth, though offshore projects cause earnings to be 'bumpy' due to significant project impacts and routine maintenance downtimes. Net debt is at its lowest levels in a long time.

Murphy Oil Corporation (NYSE:MUR ) Q4 2024 Earnings Conference Call January 30, 2025 9:00 AM ET Company Participants Kelly Whitley - Vice President, Investor Relations and Communications Eric Hambly - President and Chief Executive Officer Tom Mireles - Executive Vice President and Chief Financial Officer Chris Lorino - Senior Vice President, Operations Conference Call Participants Arun Jayaram ...

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the fourth quarter ended December 31, 2024, including net income attributable to Murphy of $50 million, or $0.34 net income per diluted share. Excluding discontinued operations and other items affecting comparability between periods, adjusted net income attributable to Murphy was...

HOUSTON--(BUSINESS WIRE)--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 $0.325 per share, or $1.30 per share on an annualized basis. The dividend is payable on March 3, 2025, to stockholders of record as of February 18, 2025. ABOUT MURPHY OIL CORPORATION As an independent oil and natural gas...

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) today announced that its subsidiary has drilled an oil discovery at the Hai Su Vang-1X exploration well in Block 15-2/17 in the Cuu Long Basin, located 40 miles offshore Vietnam. The well was drilled to total depth of 13,124 feet in 149 feet of water. Hai Su Vang-1X encountered approximately 370 feet of net oil pay from two reservoirs...

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) today announced that Eric M. Hambly, President and Chief Executive Officer, will participate on a panel at the Goldman Sachs Energy, CleanTech & Utilities Conference 2025 on Wednesday, January 8 at 3:00 p.m. Eastern Standard Time (EST). The webcast will be available on the company's website at http://ir.murphyoilcorp.com. ABOUT MURPHY...

Murphy Oil Corporation's diversified portfolio spans the Americas, with significant assets in the U.S., Canada, Mexico, and exploration in Vietnam, aiming for mid single-digit production growth. The company is committed to reducing long-term debt to $1 billion by mid-2025, enhancing financial stability and positioning for downturns. Murphy's 3.0 capital allocation strategy focuses on shareholde...

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) will host a conference call and webcast beginning at 9:00 a.m. Eastern Standard Time (EST) on Thursday, January 30, 2025 to discuss fourth quarter 2024 earnings. The company plans to release its financial and operating results before the market opens that morning. A webcast link and related presentation material will be posted to the ...