Murphy Oil Sets Q4/FY23 Earnings Release for Feb 1, Call at 9 AM CT
Ticker: MUR · Form: 8-K · Filed: Jan 25, 2024 · CIK: 717423
Complexity: simple
Sentiment: neutral
Topics: earnings-release, conference-call, financial-results
TL;DR
**Murphy Oil is dropping Q4/FY23 earnings on Feb 1st, get ready for potential stock moves.**
AI Summary
Murphy Oil Corporation filed an 8-K on January 25, 2024, to announce the date of its upcoming earnings release and conference call. The company will release its fourth quarter and full-year 2023 financial results on February 1, 2024, before the market opens, followed by a conference call at 9:00 a.m. CT. This matters to investors because it provides a specific date to anticipate crucial financial performance data, which can significantly influence stock price and future investment decisions.
Why It Matters
This filing sets the expectation for when investors will receive critical financial updates, allowing them to prepare for potential stock volatility and make informed decisions.
Risk Assessment
Risk Level: low — This filing is purely informational, announcing an upcoming event, and does not contain any immediate financial risks or changes.
Analyst Insight
A smart investor would mark February 1, 2024, on their calendar to review Murphy Oil's Q4 and full-year 2023 earnings report and listen to the conference call to assess the company's financial health and future outlook before making any trading decisions.
Key Players & Entities
- MURPHY OIL CORPORATION (company) — the registrant filing the 8-K
- January 25, 2024 (date) — date of earliest event reported
- February 1, 2024 (date) — date of Q4 and full-year 2023 earnings release
- 9:00 a.m. CT (time) — start time of the conference call
Forward-Looking Statements
- Murphy Oil's stock (MUR) will experience increased trading volume and potential price volatility around February 1, 2024, due to the earnings release. (MUR) — high confidence, target: 2024-02-01
- Analysts will issue updated ratings and price targets for MUR following the Q4 and full-year 2023 earnings report. (MUR) — medium confidence, target: 2024-02-05
FAQ
What is the purpose of this 8-K filing by Murphy Oil Corporation?
The purpose of this 8-K filing is to announce the date of the company's upcoming earnings release and conference call for its fourth quarter and full-year 2023 financial results, as reported on January 25, 2024.
When will Murphy Oil Corporation release its fourth quarter and full-year 2023 financial results?
Murphy Oil Corporation will release its fourth quarter and full-year 2023 financial results on February 1, 2024, before the market opens.
When is the conference call scheduled to discuss these results?
The conference call to discuss the fourth quarter and full-year 2023 financial results is scheduled for February 1, 2024, at 9:00 a.m. CT.
What is Murphy Oil Corporation's trading symbol and on which exchange is it registered?
Murphy Oil Corporation's trading symbol is MUR, and its Common Stock, $1.00 Par Value, is registered on the New York Stock Exchange.
What is the address of Murphy Oil Corporation's principal executive offices?
The address of Murphy Oil Corporation's principal executive offices is 9805 Katy Fwy, Suite G-200, Houston, Texas 77024.
Filing Stats: 574 words · 2 min read · ~2 pages · Grade level 10.4 · Accepted 2024-01-25 06:29:09
Key Financial Figures
- $1.00 — ange on which registered Common Stock, $1.00 Par Value MUR New York Stock Exchange
- $0.30 — mmon Stock of Murphy Oil Corporation of $0.30 per share, or $1.20 per share on an ann
- $1.20 — Oil Corporation of $0.30 per share, or $1.20 per share on an annualized basis. The d
Filing Documents
- mur-20240125.htm (8-K) — 34KB
- mur-2023q4xex991.htm (EX-99.1) — 808KB
- mur-2023q4xex992.htm (EX-99.2) — 9KB
- image_0.jpg (GRAPHIC) — 65KB
- image_0b.jpg (GRAPHIC) — 67KB
- image_1.jpg (GRAPHIC) — 11KB
- newsreleaseimage.gif (GRAPHIC) — 5KB
- 0000717423-24-000004.txt ( ) — 1239KB
- mur-20240125.xsd (EX-101.SCH) — 2KB
- mur-20240125_lab.xml (EX-101.LAB) — 24KB
- mur-20240125_pre.xml (EX-101.PRE) — 12KB
- mur-20240125_htm.xml (XML) — 3KB
02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition The following information is furnished pursuant to Item 2.02, "Results of Operations and Financial Condition." On January 25, 2024 Murphy Oil Corporation issued a news release announcing its financial and operating results for the quarter and year ended December 31, 2023. The full text of this news release is attached hereto as Exhibit 99.1.
01. Other Events
Item 8.01. Other Events On January 25, 2024, Murphy Oil Corporation ("the Company") issued a news release, attached hereto as Exhibit 99.2, announcing that the Company's Board of Directors declared a quarterly cash dividend on the Common Stock of Murphy Oil Corporation of $0.30 per share, or $1.20 per share on an annualized basis. The dividend is payable on March 4, 2024, to stockholders of record as of February 20, 2024.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits (d) Exhibits 99.1 M urphy Oil Corporation Annou nces Fourth Quarter and Full Year 2023 Results, Preliminary Year- E nd 2023 Reserves, 202 4 Capital Expenditure and Production Guidance 99.2 Murphy Oil Corporation Announces Quarterly Dividend Signature Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MURPHY OIL CORPORATION Date: January 25, 2024 By: /s/ Paul D. Vaughan Paul D. Vaughan Vice President and Controller Exhibit Index Exhibit No. 99.1 Murphy Oil Corporation Announces Fourth Quarter and Full Year 2023 Results, Preliminary Year- E nd 2023 Reserves, 2024 Capital Expenditure and Production Guidance 99.2 Murphy Oil Corporation Announces Quarterly Dividend 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)