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Done By, Arjun
Govind
FORTUNE 104
MURPHY OIL
Current CEO and President : Steven A. Cossé
Incorporated Year: 1964Annual Revenue: US$ 28.8 billion Major subsidiaries
o Murphy Exploration & Production Company
o Murphy Oil Company, Ltd. o Murphy Oil USA, Inc.
Geographies covered:
United States,Malaysia,The U.K,
Kuala Lumpur,Malaysia,
St. Albans,England,
Republic of the Congo,Jakarta,
Indonesia,Perth,
Western Australia,Erbil in the north region of Iraq,
Western Canada
Foundation and Milestones
Family : Timberlands in southern Arkansas and northern Louisiana
Owned by Charles Murphy Sr 1946: The four children of Charles
Murphy Sr. pooled their land and oil interests to form C. H. Murphy & Co
1950: C. H. Murphy & Co. was incorporated as Murphy Corporation, headed by Charles Murphy Jr.
1956: Murphy Oil became a public company by sale of stock in the American Stock Exchange
1957: Murphy and other operators joined in exploration and developed oil production in Venezuela, their first foreign development. a) Ocean Drilling and Exploration Company
(ODECO)b) River States Oil Companyc) Milford Haven
1964: It became Murphy Oil Corporation
Acquisitions
1955: Marine Oil Company. 1956 onwards: Superior Refinery, Spur Oil Company, Ingram Oil and Refining Company. Amurex Oil Company,
Competitors
Exxon Mobil Corporation
Royal Dutch Shell
BP p.l.c.
Canadian Natural Resources Ltd
Conoco Phillips
CSR
In January 2007, the company announced a plan to set aside $50 million for scholarships for every student in the El Dorado school system
THANK YOU
LEADers