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May 20, 2014
17:24 EDTMURMurphy Oil announces $125M repurchase transaction with Wells Fargo Bank
Murphy Oil announced that it has entered into a variable term, capped accelerated share repurchase transaction with Wells Fargo Bank, National Association to repurchase an aggregate of $125M of the Company's common stock. The ASR is pursuant to the board authorized program to repurchase up to $125M of the Company's stock announced on May 14. The ASR is expected to be completed no later than approximately three months following execution. All shares of the Company's common stock delivered under the ASR will be immediately retired or converted to treasury shares.
News For MUR From The Last 14 Days
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July 31, 2014
08:26 EDTMURMurphy Oil agrees to sell Milford Haven refinery to Klesch Refinery
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July 30, 2014
17:40 EDTMURMurphy Oil revises FY14 production view to 220K-225K bopd
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17:39 EDTMURMurphy Oil reports preliminary Q2 EPS 90c, consensus $1.21
Second quarter production averaged 210,191 boepd. The company noted, "This was approximately 3% below our guidance of 217,000 boepd for the quarter. The shortfall for the quarter was primarily attributed to the global offshore business in Malaysia with lower oil and gas volumes related to a well operational delay on Kikeh, continued unplanned downtime at a third party methanol plant that processes Kikeh associated gas, a rig mobilization delay at a Sarawak oil platform, and various downtime events at shallow- and deep-water facilities."
15:31 EDTMURNotable companies reporting after market close
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