10 June 2019substantial holder notice● Neutral
Capital International Investors ** disclosed a new substantial MURPHY OIL CORP shareholding (11.00% of votes).
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
5 June 2019asset acquisition disposition▲ GoodMajor
Murphy closed its acquisition of 26 deepwater Gulf of Mexico blocks from LLOG for $1.227 billion cash (after closing adjustments), funded partly through a new $500 million term loan; up to $250 million more may be owed based on future results.
10 May 2019agm notice● Neutral
MURPHY OIL CORP shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
2 May 2019quarterly activities report● Neutral
MURPHY OIL CORP reported quarterly revenue of $629.4 million and net income of $40.2 million for the period ended 2019-03-31.
2 May 2019quarterly activities report● Neutral
MURPHY OIL CORP reported quarterly revenue of $629.4 million and net income of $40.2 million for the period ended 2019-03-31.
23 Apr 2019material agreement▲ GoodMajor
Weeks after agreeing to exit Malaysia, Murphy agreed to acquire deepwater Gulf of Mexico assets from LLOG Exploration for $1.375 billion cash plus up to $250 million contingent consideration - redeploying the Malaysia proceeds into more U.S. Gulf of Mexico scale.
22 Mar 2019agm notice● Neutral
MURPHY OIL CORP announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
22 Mar 2019agm notice● Neutral
MURPHY OIL CORP shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
21 Mar 2019material agreement▲ GoodMajor
Murphy agreed to sell its entire Malaysia business (its Sabah and Sarawak subsidiaries) to Thailand's PTTEP for US$2.127 billion cash plus up to $100 million contingent on future drilling results - a full exit from the country, expected to close mid-2019.
14 Feb 2019substantial holder notice● Neutral
T. ROWE PRICE ASSOCIATES, INC reported a MURPHY OIL CORP shareholding of 5,168,464 shares (2.90% of votes) in a periodic institutional filing.
13 Feb 2019substantial holder notice● Neutral
Hotchkis and Wiley Capital Management, LLC reported a MURPHY OIL CORP shareholding of 13,144,048 shares (7.60% of votes) in a periodic institutional filing.
11 Feb 2019substantial holder notice● Neutral
The Vanguard Group reported a MURPHY OIL CORP shareholding of 18,339,759 shares (10.59% of votes) in a periodic institutional filing.
6 Feb 2019substantial holder notice● Neutral
BlackRock, Inc reported a MURPHY OIL CORP shareholding of 16,394,584 shares (9.50% of votes) in a periodic institutional filing.
31 Jan 2019quarterly activities report● Neutral
MURPHY OIL CORP reported quarterly revenue of $476.1 million and net income of $103.4 million for the period ended 2018-12-31.
10 Dec 2018substantial holder notice● Neutral
The Vanguard Group reported a MURPHY OIL CORP shareholding of 17,725,946 shares (10.24% of votes) in a periodic institutional filing.
10 Dec 2018director interest notice● Neutral
MURPHY OIL CORP Vice President & Treasurer John B Gardner sold 7,113 shares at $29.98.
3 Dec 2018asset acquisition disposition▲ GoodMajor
Murphy closed its Gulf of Mexico joint venture with Petrobras America: Murphy contributed its Dalmatian, Clipper, Front Runner, Habanero, Kodiak, Tahoe and Thunder Hawk fields while Petrobras contributed higher-profile fields including Lucius, St. Malo, Cascade and Chinook, with Murphy paying $900 million cash to balance the exchange. Murphy ended up operating the combined venture with an 80% interest (Petrobras 20%), funded partly by a new $1.6 billion revolving credit facility that replaced its prior one.
19 Nov 2018director interest notice● Neutral
MURPHY OIL CORP director Claiborne P Deming bought 10,000 shares on the open market at $31.60.
19 Nov 2018director interest notice● Neutral
MURPHY OIL CORP Senior Vice President Kelli M Hammock exercised stock options for 11,000 shares and disposed of 22,000 shares.
8 Nov 2018quarterly activities report● Neutral
MURPHY OIL CORP reported quarterly revenue of $475.5 million and net income of $93.9 million for the period ended 2018-09-30.
8 Nov 2018quarterly activities report● Neutral
MURPHY OIL CORP reported quarterly revenue of $475.5 million and net income of $93.9 million for the period ended 2018-09-30.
17 Oct 2018securities registration● Neutral
MURPHY OIL CORP filed an automatic shelf registration, effective immediately as a well-known seasoned issuer.
11 Oct 2018joint venture update▲ GoodMajor
Murphy agreed to combine its Gulf of Mexico producing assets with Petrobras America's in a new joint venture, with Murphy operating; it also amended its credit facility to accommodate the deal (loosening collateral and liquidity requirements). Expected to close by year-end 2018.
10 Aug 2018substantial holder notice● Neutral
Capital World Investors ** reported no remaining MURPHY OIL CORP shareholding in its periodic institutional filing.
9 Aug 2018quarterly activities report● Neutral
MURPHY OIL CORP reported quarterly revenue of $443.0 million and net income of $45.5 million for the period ended 2018-06-30.
9 Aug 2018quarterly activities report● Neutral
MURPHY OIL CORP reported quarterly revenue of $443.0 million and net income of $45.5 million for the period ended 2018-06-30.
9 Aug 2018quarterly activities report● Neutral
MURPHY OIL CORP reported quarterly revenue of $443.0 million and net income of $45.5 million for the period ended 2018-06-30.
9 July 2018substantial holder notice● Neutral
/ PZENA INVESTMENT MANAGEMENT reported a MURPHY OIL CORP shareholding of 7,840,371 shares (4.50% of votes) in a periodic institutional filing.
4 June 2018director interest notice● Neutral
MURPHY OIL CORP insider John W Eckart exercised stock options for 17,193 shares and disposed of 52,952 shares.
10 May 2018agm notice● Neutral
MURPHY OIL CORP shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).