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MUR News and Press, Murphy Oil Corporation From 06/19/20

Stock Information

Company Name: Murphy Oil Corporation
Stock Symbol: MUR
Market: NYSE
Website: murphyoilcorp.com

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MUR - Murphy Oil (MUR) Investor Presentation - Slideshow

The following slide deck was published by Murphy Oil Corporation in conjunction with this Read more ...

MUR - Murphy Oil adds to capex cuts, now more than 50% below original guidance

Murphy Oil (NYSE: MUR ) -1.8% pre-market after cutting full-year capital spending by an additional $40M following Q1 results to $700M at the midpoint, more than 50% below initial 2020 guidance. More news on: Murphy Oil Corporation, Energy stocks news, Stocks on the move, Read more .....

MUR - 7 Oil Stocks Getting Hammered on This Bad News

Just when investors were starting to think the oil market would only get better from here, the U.S. Energy Information Administration had to go and ruin the fun with facts. On Wednesday, the Weekly Petroleum Status Report showed that inventories of crude oil and refined products were up sharply ...

MUR - Murphy Oil: A Mixed Bag At Best

Source: Murphy Oil Corporation Investment Thesis The Arkansas-based Murphy Oil Corp. ( MUR ) recently released its first quarter of 2020 results. Despite posting a loss, the results top analysts' estimates. However, it was a challenging quarter with the COVID-19 pandemic and the crash in ...

MUR - Q1 20 MLP/Midstream Dividend Recap: Putting Cuts In Context

COVID-19 challenges result in numerous sequential dividend cuts for midstream. The pie charts below show the quarter-over-quarter (Q/Q) changes to distributions/dividends for the constituents of the Alerian MLP Index (AMZ), Alerian MLP Infrastructure Index (AMZI), and Alerian Midstrea...

MUR - Murphy Oil: Deep 2020 Revenue Decline Looks Inevitable

On May 6, Murphy Oil Corporation ( MUR ), an independent offshore-focused E&P company, presented its first-quarter results . As the company has been taking opex optimization seriously, the Q1 adjusted EPS beat was not a coincidence. However, while its non-GAAP earnings per share toppe...

MUR - Oil Stocks Are Surging on This News From China

Shares of independent oil producers are surging on May 18, following word out of China that the country's domestic consumption of oil has recovered much more quickly than expected. According to reports from Bloomberg, refined oil products like gasoline and diesel are being consumed at close to...

MUR - E&P Management Guidance: We Are Doing Great, But Our Stakeholders Are Not

It has been exactly three months since my last article, so I thought it might be a good time to check in. Has anything important happened in that period? After the time-consuming and exhausting effort of writing several articles early in the year, then anticipating having to immediately dive...

MUR - Why Oil Stocks Are In Rally Mode Again Today

Oil prices rose more than 4% by 2:45 p.m. EDT on Friday, which helped fuel oil stocks again. Most followed crude prices higher, with several rallying double digits, thanks in part to some additional catalysts. Leading the charge were Core Laboratories (NYSE: CLB) , PBF Energy ...

MUR - Murphy Oil to shut Calgary office in cost-cutting move

Murphy Oil ( MUR +6.7% ) says it will close its office in Calgary and an office in El Dorado, Ark. - where the company was founded - resulting in nearly 200 layoffs, as its Houston office becomes the new headquarters . More news on: Murphy Oil Corporation, Read more ...

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