Murphy, TX, United States
Murphy, TX, United States

Murphy Oil Corporation is an American international oil and gas company, incorporated in 1950 as Murphy Corporation, that conducts business through various operating subsidiaries. Murphy Oil produces oil and natural gas in the United States, Canada, Malaysia, the United Kingdom and Republic of the Congo and conducts exploration activities worldwide. Murphy also has an interest in a Canadian synthetic oil operation, two ethanol production facilities in the United States and one petroleum refinery in the United Kingdom. The Company operates a growing retail marketing gasoline station chain, Murphy USA in the parking lots of Walmart Supercenters and at stand-alone locations in the United States, and also markets petroleum products under various brand names and to unbranded wholesale customers in the United States and the United Kingdom. The Company has announced its intention to sell its U.K. marketing assets. Murphy Oil Corporation is headquartered in El Dorado, Arkansas, and has over 8,600 employees worldwide. The Company's common stock is traded on the New York Stock Exchange under the ticker symbol "MUR." Wikipedia.

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Receive press releases from The Knowledge Group: By Email Allegra Lawrence-Hardy, Partner, Lawrence & Bundy LLC to Speak at the Knowledge Group’s Event The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Allegra Lawrence-Hardy, Partner, Lawrence & Bundy LLC will speak at the Knowledge Group’s webcast. For further details, please visit: https://theknowledgegroup.org/event-homepage/?event_id=2609 New York, NY, May 04, 2017 --( Allegra Lawrence-Hardy uses creativity and results-oriented strategic analysis to develop legal solutions that work for her clients. Allegra focuses her practice on Business and Commercial Litigation, Labor and Employment, and Crisis Management. She has successfully defended Fortune 100 companies throughout the United States and abroad in numerous trials, arbitrations and other forms of alternative dispute resolution. Allegra is known for her skill in trying cases, negotiating complex settlements and finding creative solutions. Allegra also helps develop processes and tools for improving the efficiency and delivery of legal services. Allegra often shares her deep litigation knowledge as a prolific author and sought-after speaker. While serving as chair of Sutherland’s Diversity and Inclusion Committee, she developed Sutherland Scholars, a summer pre-law school “boot camp” offered at no cost for students from historically black colleges and universities. Allegra is a graduate of Yale Law School and is a member of its Executive Committee. She received her undergraduate degree, magna cum laude, from Spelman College. She was a law clerk for the Honorable Susan H. Black of the U.S. Court of Appeals for the Eleventh Circuit. Allegra is a fellow in the Litigation Counsel of America, which is an invitation-only trial lawyer honorary society and represents less than one-half of one percent of American lawyers. Fellows are selected based upon excellence and accomplishments in litigation, trial work and superior ethical reputation. About Lawrence & Bundy LLC Lawrence & Bundy is a commercial litigation firm skilled in handling complex matters, including class and collective actions, retirement and welfare plan disputes, employment litigation compliance and corporate governance matters, insurance coverage disputes and internal investigations. L&B devotes extensive time and resources to learning our clients' business and earning their trust by resolving difficult challenges with real-world, cost-effective solutions. Event Synopsis: Recent petitions questioning the validity and enforceability of class action waivers in arbitration agreements have raised another challenge for employers. The National Labor Relations Board (NLRB) argued that since these waivers prohibit employees from engaging in “concerted activities” in pursuit of their “mutual aid or protection,” it interferes with the employees' rights, thus violates NLRA. The Seventh and Ninth Circuits have taken the side of NLRB, however the Fifth, Second and Eighth Circuits have rejected it with the stand that such waivers are not substantive rights under NLRA. Following these recent updates, it is important to know how to deal with these matters. The Knowledge Group has assembled a panel of key thought leaders to provide the audience with an in-depth analysis of class action waivers in arbitration agreements. In this two-hour live Webcast, the speakers will help employers and employees understand the important aspects of this significant topic. They will provide an in-depth discussion of the enforceability and validity of such waivers. They will also offer best practices in developing and implementing an effective step-by-step guidance in modifying employers' arbitration programs. Some of the major topics that will be covered in this course are: Class Action Provisions in Arbitration Agreements Federal Arbitration Act, 9 U.S.C. § 1 et seq. (FAA) – Legal Overview Fifth Circuit’s Decision in Murphy Oil USA, Inc. v. N.L.R.B., 808 F.3d 1013 (5th Cir. 2015) NLRB's Stand on Class Action Waivers Recent Appellate Cases Involving Class Action Waivers Effectively Modifying Arbitration Programs About The Knowledge Group/The Knowledge Congress Live Webcast Series The Knowledge Group was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register for an event, please visit: http://theknowledgegroup.org/ New York, NY, May 04, 2017 --( PR.com )-- About Allegra Lawrence-HardyAllegra Lawrence-Hardy uses creativity and results-oriented strategic analysis to develop legal solutions that work for her clients. Allegra focuses her practice on Business and Commercial Litigation, Labor and Employment, and Crisis Management. She has successfully defended Fortune 100 companies throughout the United States and abroad in numerous trials, arbitrations and other forms of alternative dispute resolution.Allegra is known for her skill in trying cases, negotiating complex settlements and finding creative solutions. Allegra also helps develop processes and tools for improving the efficiency and delivery of legal services.Allegra often shares her deep litigation knowledge as a prolific author and sought-after speaker. While serving as chair of Sutherland’s Diversity and Inclusion Committee, she developed Sutherland Scholars, a summer pre-law school “boot camp” offered at no cost for students from historically black colleges and universities.Allegra is a graduate of Yale Law School and is a member of its Executive Committee. She received her undergraduate degree, magna cum laude, from Spelman College. She was a law clerk for the Honorable Susan H. Black of the U.S. Court of Appeals for the Eleventh Circuit.Allegra is a fellow in the Litigation Counsel of America, which is an invitation-only trial lawyer honorary society and represents less than one-half of one percent of American lawyers. Fellows are selected based upon excellence and accomplishments in litigation, trial work and superior ethical reputation.About Lawrence & Bundy LLCLawrence & Bundy is a commercial litigation firm skilled in handling complex matters, including class and collective actions, retirement and welfare plan disputes, employment litigation compliance and corporate governance matters, insurance coverage disputes and internal investigations. L&B devotes extensive time and resources to learning our clients' business and earning their trust by resolving difficult challenges with real-world, cost-effective solutions.Event Synopsis:Recent petitions questioning the validity and enforceability of class action waivers in arbitration agreements have raised another challenge for employers. The National Labor Relations Board (NLRB) argued that since these waivers prohibit employees from engaging in “concerted activities” in pursuit of their “mutual aid or protection,” it interferes with the employees' rights, thus violates NLRA. The Seventh and Ninth Circuits have taken the side of NLRB, however the Fifth, Second and Eighth Circuits have rejected it with the stand that such waivers are not substantive rights under NLRA.Following these recent updates, it is important to know how to deal with these matters. The Knowledge Group has assembled a panel of key thought leaders to provide the audience with an in-depth analysis of class action waivers in arbitration agreements. In this two-hour live Webcast, the speakers will help employers and employees understand the important aspects of this significant topic. They will provide an in-depth discussion of the enforceability and validity of such waivers. They will also offer best practices in developing and implementing an effective step-by-step guidance in modifying employers' arbitration programs.Some of the major topics that will be covered in this course are:Class Action Provisions in Arbitration AgreementsFederal Arbitration Act, 9 U.S.C. § 1 et seq. (FAA) – Legal OverviewFifth Circuit’s Decision in Murphy Oil USA, Inc. v. N.L.R.B., 808 F.3d 1013 (5th Cir. 2015)NLRB's Stand on Class Action WaiversRecent Appellate Cases Involving Class Action WaiversEffectively Modifying Arbitration ProgramsAbout The Knowledge Group/The Knowledge Congress Live Webcast SeriesThe Knowledge Group was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register for an event, please visit: http://theknowledgegroup.org/ Click here to view the company profile of The Knowledge Group Click here to view the list of recent Press Releases from The Knowledge Group


News Article | May 17, 2017
Site: www.prnewswire.co.uk

The Chemical EOR Market Forecast 2017-2027 responds to your need for definitive market data: Read on to discover how you can exploit the future business opportunities emerging in this sector. Visiongain's new study tells you and tells you NOW. In this brand new report, you find 207 in-depth tables, charts and graphs all unavailable elsewhere. The 254 page report provides clear detailed insight into the global Chemical EOR market. Discover the key drivers and challenges affecting the market. By ordering and reading our brand new report today you stay better informed and ready to act. Report Scope The report delivers considerable added value by revealing: • 207 tables, charts and graphs analysing and revealing the growth prospects and outlook for the Chemical EOR. • Chemical EOR market provides spending and production from 2017-2027 for 6 Chemical EOR technologies: • ASP • Polymer • Surfactant • Biopolymer • ASP/Polymer • Polymer/Surfactant • Regional Chemical EOR market forecasts from 2017-2027 with drivers and restraints for the regions including: • China • Canada • Russia • Oman • Rest of Middle East • Indonesia • Venezuela • Colombia • Rest of Latin America • United States • India • Mexico • North Sea • Malaysia • Rest of the World • Company profiles for the leading 10 Chemical EOR companies • BlackPearl Resources • Cenovus Energy • PetroChina (CNPC) • China National Offshore Oil Corporation (CNOOC) • Canadian Natural Resources (CNRL) • Murphy Oil Corporation • Petroleum Development Oman (PDO) • Rex Energy • Sinopec Corp • Zargon Oil and Gas • Conclusions and recommendations which will aid decision-making How will you benefit from this report? • Keep your knowledge base up to speed. Don't get left behind • Reinforce your strategic decision-making with definitive and reliable market data • Learn how to exploit new technological trends • Realise your company's full potential within the market • Understand the competitive landscape and identify potential new business opportunities & partnerships Who should read this report? • Anyone with involvement in the Chemicals and Oil company • Energy price reporting companies • Energy company managers • Energy consultants • Oil and gas company executives and analysts • Heads of strategic development • Business development managers • Marketing managers • Market analysts, • Technologists • Suppliers • Investors • Banks • Government agencies Visiongain's study is intended for anyone requiring commercial analyses for the Chemical EOR market and leading companies. You find data, trends and predictions. Buy our report today the Chemical Enhanced Oil Recovery (EOR) Market 2017-2027: Spending and Production Forecasts for Polymers, Surfactants, Biopolymers and ASP & Forecast by Region Plus Profiles of Top Companies. Avoid missing out by staying informed - get our report now. To request a report overview of this report please email Sara Peerun at sara.peerun@visiongain.com or call Tel: +44-(0)-20-7336-6100 3F Chimica Accelerated Oil Technologies LLC Al Qaeda Alberta Energy Regulator Anterra Energy Inc BASF Beijing Hengju Chemical Group Corp Belayim Petroleum Company Berexco BlackPearl Resources BP BP Migas Cairn Energy India CASCO CCC Leduc Cenovus Centre of Excellence in EOR (Malaysia) Chemical EOR Alliance Chevron China Petroleum & Chemical Corporation Chinese EOR Laboratory CNOOC CNPC CNRL Connacher Oil and Gas Limited Dow Ecopetrol S.A EOR Centre of Excellence (Oman) EXPEC Advanced Research Center ExxonMobil FORCE (Forum for improved oil and gas recovery and improved exploration in Norway) GlassPoint Government Agencies and Other Organisations Mentioned in This Report Government of Alberta Government of Oman Harvest Energy Harvest Operations Huntsman Husky Energy Husky Oil Operations Hyak Energy Hyundai IFP Energies Nouvelles Instituto Colombiano del Petróleo (ICP) Kemira KOC Lukoil Medco Enerji Internasional Murphy Oil Nalco National Energy Technology Laboratory (NETL) National Enhanced Oil Recovery Institute Nexen Inc. Norwegian Government Occidental Petroleum Oil & Gas UK Oil Chem Technologies Oil India Ltd. ONGC OPEC Pan American Energy Partex Corporation Pengrowth Energy Corporation Penn West Pertamina Petroamazonas Petrobras Petrochina Petrofac Petróleos de Venezuela, S.A. (PDVSA) Petróleos Mexicanos (PEMEX) Petroleum Development Oman (PDO) Petroleum Technology Research Centre Petronas PT Chevron Pacific Indonesia PT Erraenersi Konstruksindo PT Multi Structure PwC Repsol Research Partnership to Secure Energy for America (RPSEA) Rex Energy RNZ Integrated Rock Energy RusPAV Saskatchewan Ministry of the Economy Sasol Saudi Aramco Shandong Polymer Bio-Chemicals Co. Ltd Shell (Royal Dutch Shell) Shell Canada Shell Chemicals Shell Malaysia SIBUR Siemens Energy Sinopec (China Petroleum and Chemical Corporation) SNF Floerger SNF Group Solvay Statoil Stepan Surtek Talisman TD Securities Terrex Energy Texaco Texas A&M University Tiorco Titan Oil Recovery Inc. Total UAE Oil Ministry University of Kansas University of Oklahoma University of Wyoming University of Wyoming Enhanced Oil Recovery Institute US Department of Energy (DoE) US EIA Wintershall World Bank YPF Zargon Oil and Gas To see a report overview please email Sara Peerun on sara.peerun@visiongain.com


News Article | May 19, 2017
Site: www.businesswire.com

EL DORADO, Ark.--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) today announced that Roger W. Jenkins, President & CEO, will present at the UBS Global Oil and Gas Conference in Austin, Texas on Wednesday, May 24, 2017, at 11:00 a.m. Eastern Time (ET). The live audio webcast presentation will be available on the company’s website at http://ir.murphyoilcorp.com. Murphy Oil Corporation is a global independent oil and natural gas exploration and production company. The company’s diverse resource base includes offshore production in Southeast Asia, Canada and Gulf of Mexico, as well as North America onshore plays in the Eagle Ford Shale, Kaybob Duvernay and Montney. Additional information can be found on the company’s website at http://www.murphyoilcorp.com.


EL DORADO, Ark.--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) today announced its preliminary financial and operating results for the first quarter ended March 31, 2017, including net income of $58 million, or $0.34 per diluted share. Operating and financial highlights for the first quarter 2017 include: Murphy recorded net income of $58 million, or $0.34 per diluted share, for the first quarter 2017. The company reported an adjusted loss, which excludes both the results of discontinued operations and certain other items that affect comparability of results between periods, of $10 million, or $0.06 per diluted share. The most significant reconciling items affecting the adjusted loss were a $96 million after-tax gain on the sale of Seal properties in Canada, an after-tax gain of $26 million for mark-to-market of open crude oil hedge contracts and a $55 million deferred tax expense related to undistributed foreign earnings. The tax expense is the result of the company determining that first quarter earnings from its subsidiaries operating in Canada, Malaysia and other Southeast Asia areas will not be considered reinvested into local operations and are expected to be repatriated to the U.S. in future periods. Details for first quarter results can be found in the attached schedules. Earnings before interest, taxes, depreciation and amortization (EBITDA) from continuing operations totaled $436 million, or $29.52 per barrel of oil equivalent (boe) sold. Earnings before interest, taxes, depreciation, amortization and exploration expenses (EBITDAX) totaled $464 million, or $31.47 per boe sold. Both EBITDA and EBITDAX include a $132 million pre-tax gain on the sale of Seal heavy oil properties. Production in the first quarter 2017 averaged 169 thousand barrels of oil equivalent per day (Mboepd). “ Murphy had strong first quarter results as we exceeded production guidance with high uptime performance across all our assets. Our production is outstanding considering that we brought online fewer wells than planned in our Eagle Ford Shale asset, as our base production and new wells during the quarter both exceeded our expectations. I continue to be pleased with the significant free cash flow generated by our offshore business. We also addressed the tax status regarding future foreign earnings repatriation, which will allow for additional cash management flexibility across our company,” stated Roger W. Jenkins, President and Chief Executive Officer. As of March 31, 2017, the company had $2.8 billion of outstanding fixed rate notes and $1.1 billion in cash and liquid invested securities. The long term, fixed-rate notes, excluding the current maturity, have a weighted average maturity of 9.8 years and a weighted average coupon of 5.6 percent. There were no borrowings on the senior credit facilities at quarter end. The North American onshore business produced over 85 Mboepd in the first quarter with 51 percent liquids. First quarter 2017 operating expenses were $6.51 per boe, a 12 percent decrease from full year 2016. Eagle Ford Shale – Production in the quarter averaged 46 Mboepd, comprised of 88 percent liquids. During the quarter, the company brought 13 wells online utilizing high sand concentration fracs, which were comprised of six Lower Eagle Ford Shale wells, four Upper Eagle Ford Shale wells and three Austin Chalk wells. The six Lower Eagle Ford Shale wells achieved an average IP 30-day rate over 1,300 barrels of oil equivalent per day (boepd), the four Upper Eagle Ford Shale wells achieved an average IP 30-day rate over 1,200 boepd and two wells on the same pad in the Austin Chalk achieved an average IP 30-day rate over 1,100 boepd. For the remainder of 2017, the company expects to bring almost 60 wells online, of which 19 will be in the second quarter, with full year production averaging approximately 50 Mboepd. Tupper Montney – Murphy averaged 207 million cubic feet per day (Mmcfd) of natural gas production in the quarter. There was one well drilled in the first quarter and four wells previously drilled that were completed early in the second quarter. Strong production results from these wells, in addition to wells completed in 2016, are yielding projected ultimate recoveries exceeding 17 billion cubic feet equivalent (Bcfe) per well. This exceeds the previously projected recovery range of 10 to 14 Bcfe per well. The exceptional well results continue to support the company’s new well designs of longer laterals that are approaching 10,000 feet, as well as higher sand concentration of up to 2,000 pounds per foot. Kaybob Duvernay – Production for the quarter averaged almost 3 Mboepd, comprised of 53 percent liquids. During the quarter, five wells were drilled and three wells brought online including a two well pad in the condensate window and a one well pad in the oil window. All three wells are performing above or in line with pre-drill expectations. As the company continues executing on its appraisal plans in the second quarter, for the first-time Murphy is beginning to drill wells with optimal azimuth and lateral lengths exceeding 9,100 feet. For the remainder of 2017, the company expects to drill and bring online 11 wells, including five in the second quarter, two located in the oil window and three in the condensate window. The offshore business produced 84 Mboepd for the first quarter with 73 percent liquids. Malaysia – Block K and Sarawak averaged 38 thousand barrels of liquids per day, while Sarawak natural gas production averaged 117 Mmcfd during the first quarter. North America – Gulf of Mexico and East Coast Canada averaged 25 Mboepd, comprised of 92 percent liquids, in the quarter. Production for the second quarter 2017 is estimated in the range of 160 to 164 Mboepd. Second quarter guidance includes the previously announced redetermination in the non-operated Kakap field, which reduces the company’s net production by approximately 2,900 boepd from the first quarter 2017. Also, in accordance with the Production Sharing Contracts in Malaysia, there is a planned cost recovery entitlement change for Sarawak natural gas and oil that will lower production by approximately 1,500 boepd in the second quarter as compared to the first quarter 2017. Other items affecting second quarter production, as compared to first quarter production, are planned downtime for Kikeh and Siakap North of 1,400 boepd as well as a 10-day plant turnaround in the Tupper Montney of 2,200 boepd. Full year 2017 production is being reaffirmed in the range of 162 to 168 Mboepd. Full year capital expenditure guidance is being maintained at $890 million. Details for production can be found in the attached schedules. “ As we progress through the second quarter, we are experiencing a previously announced redetermination and an anticipated entitlement change associated with our Malaysian offshore business. Also in the second quarter, we will experience offshore planned maintenance and a brief shut-in at our Tupper Montney asset associated with a plant turnaround. Our full year production remains within the previously announced guidance range. Our base production in the Eagle Ford Shale continues to outperform expectations and, with a majority of this year’s wells being brought online in the second and third quarters, this will lead to a mid-year production increase. In our new Kaybob Duvernay asset, we are pleased with early results as our team systematically de-risks the play with five wells to be placed online in the second quarter,” Jenkins added. CONFERENCE CALL AND WEBCAST SCHEDULED FOR MAY 3, 2017 Murphy will host a conference call to discuss first quarter 2017 financial and operating results on Thursday, May 4, 2017, at 11:00 a.m. EDT. The call can be accessed either via the Internet through the Investor Relations section of Murphy Oil’s website at http://ir.murphyoilcorp.com or via the telephone by dialing 1-877-795-3649. The telephone reservation number for the call is 7717232. Replays of the call will be available through the same address on the company’s website and a recording of the call will be available through May 18, 2017 by calling 1-888-203-1112 and referencing reservation number 7717232. A replay of the conference call will also be available on the Murphy website at http://ir.murphyoilcorp.com. Summary financial data, operating statistics and a summary balance sheet for the first quarter 2017 with comparisons to the same period from the previous year are contained in the following schedules. Additionally, a schedule indicating the impacts of items affecting comparability of results between periods and schedules comparing EBITDA and EBITDAX between periods are included with these schedules as well as guidance for the second quarter. Murphy Oil Corporation is a global independent oil and natural gas exploration and production company. The company’s diverse resource base includes offshore production in Southeast Asia, Canada and Gulf of Mexico, as well as North America onshore plays in the Eagle Ford Shale, Kaybob Duvernay and Montney. Additional information can be found on the company’s website at http://www.murphyoilcorp.com This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally identified through the inclusion of words such as “aim”, “anticipate”, “believe”, “drive”, “estimate”, “expect”, “expressed confidence”, “forecast”, “future”, “goal”, “guidance”, “intend”, “may”, “objective”, “outlook”, “plan”, “position”, “potential”, “project”, “seek”, “should”, “strategy”, “target”, “will” or variations of such words and other similar expressions. These statements, which express management’s current views concerning future events or results, are subject to inherent risks and uncertainties. Factors that could cause one or more of these future events or results not to occur as implied by any forward-looking statement include, but are not limited to, increased volatility or deterioration in the level of crude oil and natural gas prices, deterioration in the success rate of our exploration programs or in our ability to maintain production rates and replace reserves, reduced customer demand for our products due to environmental, regulatory, technological or other reasons, adverse foreign exchange movements, political and regulatory instability in the markets where we do business, natural hazards impacting our operations, any other deterioration in our business, markets or prospects, any failure to obtain necessary regulatory approvals, any inability to service or refinance our outstanding debt or to access debt markets at acceptable prices, and adverse developments in the U.S. or global capital markets, credit markets or economies in general. For further discussion of factors that could cause one or more of these future events or results not to occur as implied by any forward-looking statement, see “Risk Factors” in our most recent Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (SEC) and any subsequent Quarterly Report on Form 10-Q or Current Report on Form 8-K that we file, available from the SEC’s website and from Murphy Oil Corporation’s website at http://ir.murphyoilcorp.com. Murphy Oil Corporation undertakes no duty to publicly update or revise any forward-looking statements. This news release contains certain non-GAAP financial measures that management believes are good tools for internal use and the investment community in evaluating Murphy Oil Corporation’s overall financial performance. These non-GAAP financial measures are broadly used to value and compare companies in the crude oil and natural gas industry, although not all companies define these measures in the same way. In addition, these non-GAAP financial measures are not a substitute for financial measures prepared in accordance with GAAP, and should therefore be considered only as supplemental to such GAAP financial measures. Please see the attached schedules for reconciliations of the differences between the non-GAAP financial measures used in this news release and the most directly comparable GAAP financial measures. The SEC requires oil and natural gas companies, in their filings with the SEC, to disclose proved reserves that a company has demonstrated by actual production or conclusive formation tests to be economically and legally producible under existing economic and operating conditions. We may use certain terms in this news release, such as “resource”, “gross resource”, “recoverable resource”, “net risked P resource”, “recoverable oil”, “resource base”, “EUR” or “estimated ultimate recovery” and similar terms that the SEC’s rules prohibit us from including in filings with the SEC. The SEC permits the optional disclosure of probable and possible reserves; however, we have not disclosed the company’s probable and possible reserves in our filings with the SEC. Investors are urged to consider closely the disclosures and risk factors in our most recent Annual Report on Form 10-K filed with the SEC and any subsequent Quarterly Report on Form 10-Q or Current Report on Form 8-K that we file, available from the SEC’s website and from Murphy Oil Corporation’s website at http://ir.murphyoilcorp.com. Presented above is a reconciliation of Net income (loss) to Adjusted loss. Adjusted loss excludes certain items that management believes affect the comparability of results between periods. Management believes this is important information to provide because it is used by management to evaluate the Company's operational performance and trends between periods and relative to its industry competitors. Management also believes this information may be useful to investors and analysts to gain a better understanding of the Company's financial results. Adjusted loss is a non-GAAP financial measure and should not be considered a substitute for Net income (loss) as determined in accordance with accounting principles generally accepted in the United States of America. Income taxes are presented based on the estimated statutory tax effect each adjustment item had on taxes in the applicable tax jurisdiction. Presented above is a reconciliation of Income (loss) from continuing operations to Earnings before interest, taxes, depreciation and amortization (EBITDA). Management believes EBITDA is important information to provide because it is used by management to evaluate the Company's operational performance and trends between periods and relative to its industry competitors. Management also believes this information may be useful to investors and analysts to gain a better understanding of the Company's financial results. EBITDA is a non-GAAP financial measure and should not be considered a substitute for Net income (loss) or Cash provided by operating activities as determined in accordance with accounting principles generally accepted in the United States of America. * Includes $132.4 million pre-tax gain on sale of Seal properties in Canada in January 2017. Presented above is a reconciliation of Income (loss) from continuing operations to Earnings before interest, taxes, depreciation, amortization and exploration (EBITDAX). Management believes EBITDAX is important information to provide because it is used by management to evaluate the Company's operational performance and trends between periods and relative to its industry competitors. Management also believes this information may be useful to investors and analysts to gain a better understanding of the Company's financial results. EBITDAX is a non-GAAP financial measure and should not be considered a substitute for Net income (loss) or Cash provided by operating activities as determined in accordance with accounting principles generally accepted in the United States of America. * Includes $132.4 million pre-tax gain on sale of Seal properties in Canada in January 2017.


News Article | April 20, 2017
Site: www.prweb.com

The Professional Retail Store Maintenance Association, (PRSM), the authority on retail, multi-site facilities management, announced today that Bill Ackerman, National Sales Executive, Vixxo is the 2017 Volunteer of the Year Award honoree. Amanda Holup, President, Low-Slope Solutions, LLC, Myriah Kingen, Director, Repair & Maintenance, Extra Space Storage, Robbie Drake, Manager, Operations Maintenance Murphy Oil USA, Inc., Dave Emmons, Account Executive, Authority HVAC, and Steven Peldiak, President, Watterman Environmental & Facilities Management received the PRSM Service Excellence Awards for their volunteer service. All award winners were recognized today during the PRSM2017 National Conference in Dallas, TX. The PRSM Volunteer of the Year Award is presented to a member who has distinguished themselves by elevating the association through their active engagement and leadership of PRSM Impact!, the official PRSM charity. Ackerman has more than three decades of facilities management experience, and 20 years as a PRSM member. However, his dedication and service to the PRSM charity sets him apart from others. He was a driving force in the creation of the official PRSM charity, and has served as a Co-chair of the PRSM Charity Committee since it was established. He has given unselfishly of his time and energy to execute PRSM charity work projects and promote the charity to other PRSM members. He was instrumental in developing the partnership PRSM Impact! now enjoys with Volunteers of America, and he has been a driving force in working with VOA to identify work projects, solicit volunteers and donors and get the work done. PRSM Service Excellence Awards are presented to volunteer members who have made significant contributions to the Association and its membership community. Holup, Kingen, Drake, Emmons and Peldiak, have all contributed to PRSM’s success. They have led webinars, served on committees, spoken at conferences, participated in Retail Store Maintenance magazine articles, written Best Practices papers, and recruited others to become PRSM members. Their tireless support and endless contributions enhance the value of PRSM for all members and make PRSM stronger, more viable and more attentive to member needs. “Volunteers are the lifeblood of PRSM. We simply could not provide the high-quality services, events, and other valuable programs without their ongoing support. PRSM’s Volunteer of the Year and Service Excellence Awards represent the highest volunteer service honors bestowed upon members by the Association and set a standard of excellence against which all other associations can be measured,” said Jonathan Bauer, 2017-18 Chair, PRSM Association 2017-18 Board of Directors and Sr. Director Store Development, Gap Inc. Professionals honored are nominated by their peers for recognition. Recipients will receive their awards April 19, 2017, during a special luncheon at PRSM2017 National Conference in Dallas, TX. About the Professional Retail Store Maintenance® Association (PRSM) PRSM Association, the authority on Retail and Multi-site Facilities Management, is the leading membership organization for retail facilities and vendor professionals. PRSM empowers the Retail Industry facilities management with best practices, benchmarking, education, discussion forums, and trusted partnerships. Chartered in 1995, and with more than 950 member companies, the PRSM community values are founded on a spirit of innovation, resourcefulness, the quest for knowledge and ethical business relationships. Members depend on PRSM to help them achieve greater success and a competitive advantage through quality programs and resources.


News Article | May 17, 2017
Site: www.prnewswire.com

The Chemical EOR Market Forecast 2017-2027 responds to your need for definitive market data: Read on to discover how you can exploit the future business opportunities emerging in this sector. Visiongain's new study tells you and tells you NOW. In this brand new report, you find 207 in-depth tables, charts and graphs all unavailable elsewhere. The 254 page report provides clear detailed insight into the global Chemical EOR market. Discover the key drivers and challenges affecting the market. By ordering and reading our brand new report today you stay better informed and ready to act. Report Scope The report delivers considerable added value by revealing: • 207 tables, charts and graphs analysing and revealing the growth prospects and outlook for the Chemical EOR. • Chemical EOR market provides spending and production from 2017-2027 for 6 Chemical EOR technologies: • ASP • Polymer • Surfactant • Biopolymer • ASP/Polymer • Polymer/Surfactant • Regional Chemical EOR market forecasts from 2017-2027 with drivers and restraints for the regions including: • China • Canada • Russia • Oman • Rest of Middle East • Indonesia • Venezuela • Colombia • Rest of Latin America • United States • India • Mexico • North Sea • Malaysia • Rest of the World • Company profiles for the leading 10 Chemical EOR companies • BlackPearl Resources • Cenovus Energy • PetroChina (CNPC) • China National Offshore Oil Corporation (CNOOC) • Canadian Natural Resources (CNRL) • Murphy Oil Corporation • Petroleum Development Oman (PDO) • Rex Energy • Sinopec Corp • Zargon Oil and Gas • Conclusions and recommendations which will aid decision-making How will you benefit from this report? • Keep your knowledge base up to speed. Don't get left behind • Reinforce your strategic decision-making with definitive and reliable market data • Learn how to exploit new technological trends • Realise your company's full potential within the market • Understand the competitive landscape and identify potential new business opportunities & partnerships Who should read this report? • Anyone with involvement in the Chemicals and Oil company • Energy price reporting companies • Energy company managers • Energy consultants • Oil and gas company executives and analysts • Heads of strategic development • Business development managers • Marketing managers • Market analysts, • Technologists • Suppliers • Investors • Banks • Government agencies Visiongain's study is intended for anyone requiring commercial analyses for the Chemical EOR market and leading companies. You find data, trends and predictions. Buy our report today the Chemical Enhanced Oil Recovery (EOR) Market 2017-2027: Spending and Production Forecasts for Polymers, Surfactants, Biopolymers and ASP & Forecast by Region Plus Profiles of Top Companies. Avoid missing out by staying informed - get our report now. To request a report overview of this report please email Sara Peerun at sara.peerun@visiongain.com or call Tel: +44-(0)-20-7336-6100 3F Chimica Accelerated Oil Technologies LLC Al Qaeda Alberta Energy Regulator Anterra Energy Inc BASF Beijing Hengju Chemical Group Corp Belayim Petroleum Company Berexco BlackPearl Resources BP BP Migas Cairn Energy India CASCO CCC Leduc Cenovus Centre of Excellence in EOR (Malaysia) Chemical EOR Alliance Chevron China Petroleum & Chemical Corporation Chinese EOR Laboratory CNOOC CNPC CNRL Connacher Oil and Gas Limited Dow Ecopetrol S.A EOR Centre of Excellence (Oman) EXPEC Advanced Research Center ExxonMobil FORCE (Forum for improved oil and gas recovery and improved exploration in Norway) GlassPoint Government Agencies and Other Organisations Mentioned in This Report Government of Alberta Government of Oman Harvest Energy Harvest Operations Huntsman Husky Energy Husky Oil Operations Hyak Energy Hyundai IFP Energies Nouvelles Instituto Colombiano del Petróleo (ICP) Kemira KOC Lukoil Medco Enerji Internasional Murphy Oil Nalco National Energy Technology Laboratory (NETL) National Enhanced Oil Recovery Institute Nexen Inc. Norwegian Government Occidental Petroleum Oil & Gas UK Oil Chem Technologies Oil India Ltd. ONGC OPEC Pan American Energy Partex Corporation Pengrowth Energy Corporation Penn West Pertamina Petroamazonas Petrobras Petrochina Petrofac Petróleos de Venezuela, S.A. (PDVSA) Petróleos Mexicanos (PEMEX) Petroleum Development Oman (PDO) Petroleum Technology Research Centre Petronas PT Chevron Pacific Indonesia PT Erraenersi Konstruksindo PT Multi Structure PwC Repsol Research Partnership to Secure Energy for America (RPSEA) Rex Energy RNZ Integrated Rock Energy RusPAV Saskatchewan Ministry of the Economy Sasol Saudi Aramco Shandong Polymer Bio-Chemicals Co. Ltd Shell (Royal Dutch Shell) Shell Canada Shell Chemicals Shell Malaysia SIBUR Siemens Energy Sinopec (China Petroleum and Chemical Corporation) SNF Floerger SNF Group Solvay Statoil Stepan Surtek Talisman TD Securities Terrex Energy Texaco Texas A&M University Tiorco Titan Oil Recovery Inc. Total UAE Oil Ministry University of Kansas University of Oklahoma University of Wyoming University of Wyoming Enhanced Oil Recovery Institute US Department of Energy (DoE) US EIA Wintershall World Bank YPF Zargon Oil and Gas To see a report overview please email Sara Peerun on sara.peerun@visiongain.com

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