Murphy Oil Corporation Promotes Eric M Hambly to Position of President and Chief Operating Officer and E Ted Botner to Executive Vice President streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Accomplished 2023 Debt Reduction Goal of $500 Million,
Repurchased $150 Million of Shares in Accordance With Capital Allocation Framework,
Increased Dividend 9 Percent Annualized in 2024,
Achieved.
Murphy Oil reported lower Q4 earnings and revenues, with production in-line with guidance. The company plans reaching its long-term debt goal of $1.0 billion while continuing dividend increases and share repurchases.