Murphy USA recently announced that the Board of Directors has appointed David L. Goebel and Rosemary Turner as independent directors of the Company. Murphy USA is a leading retailer of gasoline and convenience merchandise with more than 1,650 stores located…
Murphy Oil Corporation
- AMP NewsBusinessConstruction/Real Estate
Former Murphy Oil Headquarters Hits Market with $15 Million Price Tag
by Tyler Haleby Tyler HaleThe former Murphy Oil headquarters in El Dorado has hit the market. Colliers International | Arkansas released a listing for the 87,076 square-foot property this morning, pricing the building at $15 million. The building, located at 300 E. Peach Street…
- AMP NewsBusiness
Murphy Oil’s Leadership Team Shaken Up with Retirement and Departure
by Tyler Haleby Tyler HaleMurphy Oil Corporation’s executive leadership has shifted in response to two departures. Murphy Oil Corporation’s general counsel and executive vice president will be retiring from the company at the end of May. Effective June 1, Walter K. Compton will be…
- AMP NewsBusinessManufacturing
So Long, El Dorado: Murphy Oil Co. Moving Headquarters to Houston
by Tyler Haleby Tyler HaleMurphy Oil Corporation is closing its legacy headquarters in El Dorado in response to declining crude oil prices. The company is establishing its new corporate headquarters at its existing office in Houston, Texas. In addition, the company is closing its…
- AMP NewsBusinessFinance & Banking
Murphy Oil Switches to Virtual Format for 2020 Stockholders Meeting
by Tyler Haleby Tyler HaleMurphy Oil Corporation is switching to a virtual-only format for its annual stockholders meeting. The El Dorado-based oil company announced that it will be holding its 2020 stockholders meeting on May 13, starting at 2 p.m., in a virtual format.…
- AMP NewsBusinessEnergy
Murphy Oil Co. Adjusts 2020 Expenditures Due to Market Volatility
by Tyler Haleby Tyler HaleMurphy Oil Corporation is dialing back its expenditures for 2020 as a result of the impact coronavirus has had on the oil market. Murphy has changed its 2020 budget to $950 million for 2020. This represents a roughly 35 percent…
by Ryan Nix, Photos by Jamison Mosley El Dorado is making waves in an otherwise sleepy area of southern Arkansas, and this town — Arkansas’ very own city of gold — may soon live up to its name …
by Dwain Hebda There’s been much said and written about Veronica Smith-Creer’s El Dorado mayoral win last fall – the city’s first woman mayor, the city’s first mayor of color – but the small businesswoman and community activist is more…
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Murphy Oil Finalizes Multi-Billion Dollar Malaysian Transaction
by Tyler Haleby Tyler HaleMurphy Oil Corporation has closed its Malaysian portfolio. Today, the El Dorado-based company announced that it had finalized its divestment of all its Malaysian operations. Murphy Oil has sold its interests to a subsidiary of PTT Exploration and Production Public…
During the first quarter of 2019, Murphy Oil Corporation accrued a net income of $40 million, according to figures released during an investor announcement on May 2. The company’s adjusted net income for the first quarter was $27 million. This…