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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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October 30, 2014
08:16 EDTMURMurphy Oil shares should advance today, says Wells Fargo
Wells Fargo expects Murphy Oil's stock to climb today after the company reported stronger than expected results. The firm expects the company's production to increase significantly this quarter, and it keeps an Outperform rating on the shares.
October 29, 2014
16:49 EDTMURMurphy Oil reports Q3 adjusted EPS $1.15, consensus 99c
Q3 production averaged 229,759 boepd. This production level was approximately 2% over our guidance of 225,000 boepd for the quarter and was primarily attributed to higher production across the Gulf of Mexico and in Sarawak, Malaysia.
15:53 EDTMURNotable companies reporting after market close
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