Saturday, October 01, 2016 9:32:30 AM
Murphy (MUR) was down 20% in the year after an 11% decline in the fourth quarter. CEO Roger Jenkins took actions to recognize value including selling a 30% stake in Malaysian assets at a price above our appraisal. Murphy also bought back shares in 2014 and has authorization for more. The sharp decline in oil prices most heavily affected Murphy’s ownership in Syncrude’s Canadian oil sands, which represented less than 15% of our appraisal before oil’s drop and less today.
From Mason Hawkins (Trades, Portfolio)’ Longleaf Partners Fund Q4 2014 Management Discussion.
Recent MUR News
- Murphy Oil Corporation Schedules Third Quarter 2024 Earnings Release and Conference Call • Business Wire • 09/25/2024 09:12:00 PM
- Form SD - Specialized disclosure report • Edgar (US Regulatory) • 09/23/2024 08:11:42 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 09/20/2024 08:36:57 PM
- Murphy Oil Corporation Announces Pricing of $600 Million of 6.000% Senior Notes Due 2032 • Business Wire • 09/19/2024 07:29:00 PM
- Form FWP - Filing under Securities Act Rules 163/433 of free writing prospectuses • Edgar (US Regulatory) • 09/19/2024 06:59:27 PM
- Form 305B2 - Filing [Trust Indenture Act] • Edgar (US Regulatory) • 09/19/2024 11:37:56 AM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 09/19/2024 11:35:09 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/19/2024 11:31:59 AM
- Murphy Oil Corporation Announces Cash Tender Offers for Outstanding Debt Securities • Business Wire • 09/19/2024 11:21:00 AM
- Murphy Oil Corporation Announces Offering of $600 Million of Senior Notes Due 2032 • Business Wire • 09/19/2024 11:19:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/03/2024 08:31:08 PM
- Murphy Oil Corporation to Participate in Upcoming Conference • Business Wire • 08/28/2024 09:00:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/08/2024 10:33:57 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/08/2024 10:11:02 AM
- Murphy Oil Corporation Announces Second Quarter 2024 Financial and Operational Results, Revises Capital Allocation Framework to Accelerate Shareholder Returns, Increases Share Repurchase Authorization • Business Wire • 08/08/2024 10:00:00 AM
- Murphy Oil Corporation Releases 2024 Sustainability Report • Business Wire • 08/07/2024 10:10:00 PM
- Murphy Oil Corporation Announces Quarterly Dividend • Business Wire • 08/07/2024 01:56:00 PM
- Murphy Oil Corporation Schedules Second Quarter 2024 Earnings Release and Conference Call • Business Wire • 06/27/2024 08:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/17/2024 10:15:31 AM
- Form 11-K - Annual report of employee stock purchase, savings and similar plans • Edgar (US Regulatory) • 06/12/2024 08:33:40 PM
- Murphy Oil Corporation to Participate in Upcoming Conference • Business Wire • 06/12/2024 08:30:00 PM
- 1.5 Cent Micro Cap Looking To Bring Game-Changing Technology To Market In 2024 • AllPennyStocks.com • 06/05/2024 09:01:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/20/2024 08:41:34 PM
- Murphy Oil Corporation Announces First Quarter 2024 Financial and Operational Results, Reaffirms 2024 Production and Capital Expenditure Guidance Ranges • Business Wire • 05/02/2024 10:00:00 AM
- Murphy Oil Corporation Announces Quarterly Dividend • Business Wire • 04/03/2024 02:00:00 PM
Lingerie Fighting Championships Signs Broadcast Deal With Maybacks Global Entertainment • BOTY • Sep 26, 2024 9:00 AM
Maybacks Global Entertainment and Lingerie Fighting Championships Enter Into Broadcast And Revenue Sharing Agreement • AHRO • Sep 26, 2024 8:30 AM
North Bay Resources Commences Operations at Bishop Gold Mill, Inyo County, California; Engages Sabean Group Management Consulting • NBRI • Sep 25, 2024 9:15 AM
CEO David B. Dorwart Anticipates a Bright Future at Good Gaming Inc. Through His Most Recent Shareholder Update • GMER • Sep 25, 2024 8:30 AM
Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • BLOZF • Sep 24, 2024 8:50 AM
Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • INTV • Sep 24, 2024 8:45 AM