Operator · Montney Shale
Murphy Oil Corp
80 articles mentioning Murphy Oil Corp · Page 1 of 4
Murphy's Hai Su Vang appraisal success strengthens Vietnam upside case
Murphy Oil delivered a meaningful positive update from offshore Vietnam, confirming that its Hai Su Vang (HSV) discovery is becoming both bigger and better defined. New appraisal results strengthen confidence in the resource case and reinforce...
Murphy’s Eagle Ford Keeps Getting Better
Murphy Oil walked into Q3 2025 with a simple message: operations are clicking again, and the company is delivering production and cost performance that gives them flexibility heading into a choppier macro. They beat the high...
Contrary to The Noise, U.S. Oil Production will Likely Growth 4-5% In 2024; A look Inside
There are numerous reports speculating how much U.S. oil production will growth in 2024. Well we decided to take a look at the presentations, 4Q 2023 transcripts, press releases from the top E&Ps in the U.S....
Eagle Ford Operator Cuts 2024 Well Planned by 30%
During it's 4th quarter annoucement, Murphy provided a look into it's 2024 development plans. Onshore capital will be flat, however well count will decline 31%. As you can see from the table below, while the company...
Murphy Oil Corporation First Quarter 2023 Results
Murphy Oil Corporation announced first quarter 2023 results. Highlights Exceeded upper end of guidance range with production of 172.5 thousand barrels of oil equivalent per day (MBOEPD), including more than 94 thousand barrels of oil per...
Operator Ups Eagle Ford 2023 Capital & Well Program +47% Y/Y
Murhpy provided an updated 2023 development. The plan calls for an increase in activing in the Eagle Ford, and Total Capex.strong>Eagle FordIn the Eagle Ford, the company is increasing capex by 47% and well activity by...
Murphy Oil Third Quarter 2022 Results
Murphy Oil Corp. announced its financial and operating results for the third quarter 2022. Murphy reported net income attributable to Murphy of $528 million, or $3.36 per diluted share. Excluding discontinued operations and other one-off items,...
Murphy Oil Second Quarter 2022 Results
Murphy Oil Corp. announced its financial and operating results for the second quarter ended June 30, 2022. Murphy reported net income attributable to Murphy of $351 million, or $2.23 net income per diluted share. Adjusted net...
2022 Guidance Growth: Several Operators Bolster Capex, Production Outlook
In response to the skyrocketing oil demand and D&C activity seen in 1Q22, several E&Ps have added additional capital to their 2022 budgets. A few E&Ps have also adjusted production guidance expectations or drilling plans, increasing...
Murphy Oil Corp. First Quarter 2022 Results
Murphy Oil Corp. announced its financial and operating results for the first quarter ended March 31, 2022. Murphy reported a net loss attributable to Murphy of $113 million, or $0.73 net loss per diluted share. Adjusted...
Murphy Achieves First Oil at GOM Khaleesi, Mormont and Samurai Projects
Murphy Oil Corp. has achieved first oil from the Khaleesi, Mormont and Samurai field development project in the deepwater Gulf of Mexico, as production has begun flowing through the Murphy-operated King's Quay floating production system (King's...
ExxonMobil, Murphy Come Up Empty at Cutthroat-1 Well Offshore Brazil
Murphy Oil Corp. and ExxonMobil announced that drilling has concluded at the Cutthroat-1 exploration well in block SEAL-M-428 in the Sergipe-Alagoas Basin offshore Brazil. While the presence of hydrocarbons was not found, the partner group will...
Murphy Oil CFO to Retire; Mireles Tapped as Successor
Murphy Oil Corp. announced that David R. Looney plans to retire from the company and will relinquish his position as Executive Vice President and Chief Financial Officer on June 30, 2022. The Board of Directors has...
Murphy Oil Details 2022 Capital Plan; Spending Up 29% vs. 2021
Murphy Oil Corp. has reported its 2022 capital plans. 2022 Capital Guidance & Plans - Capex: $840-$890 million with full year (up 29% at the midpoint vs. 2021) - Production: 164 to 172 MBOEPD, comprised of...
Murphy Oil Corp. Fourth Quarter, Full Year 2021 Results
Murphy Oil Corp. announced its financial and operating results for the fourth quarter ended December 31, 2021. Murphy reported 4Q21 net income attributable to Murphy of $168 million, or $1.08 net income per diluted share. Adjusted...
Murphy Oil Corp. Third Quarter 2021 Results
Murphy Oil Corp. announced its financial and operating results for the third quarter ended September 30, 2021, Murphy reported net income attributable to Murphy of $108 million, or $0.70 net income per diluted share. Adjusted net...
Murphy Oil Corp. Second Quarter 2021 Results
Murphy Oil Corp. reported its Q2 2021 results. Murphy reported a net loss of $63 million, or $0.41 net loss per diluted share. Adjusted net income, which excludes discontinued operations and other one-off items, was $91...
Murphy Oil Adds Capital Markets-Focused Lawyer to Board
Murphy Oil Corp. reported the appointment of Michelle A. Earley to Murphy's Board of Directors, effective June 10, 2021. About Earley A partner at Locke Lord LLP since 2008, Ms. Earley serves as co-chair of the...
Murphy Oil Corp. First Quarter 2021 Results
Murphy Oil Corp. reported its Q1 2021 results. Murphy reported a net loss attributable to Murphy of $287 million, or $1.87 net loss per diluted share. Excluding total after-tax charges of $297 million, comprised primarily of...
Murphy Oil Cuts Eagle Ford Capex 17% for 2021, D&C Plans; Talks Q4 Results
Murphy Oil Corp. reported its Q4 and full year 2020 results. The company also detailed its 2021 capital plan. 2021 Capital Plan - Capex: $675 to $725 million - this is flat vs. 2020 spending of...