murphy oil
TRANSCRIPT
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Done By, Arjun
Govind
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FORTUNE 104
MURPHY OIL
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Current CEO and President : Steven A. Cossé
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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.
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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
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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.
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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
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1964: It became Murphy Oil Corporation
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Acquisitions
1955: Marine Oil Company. 1956 onwards: Superior Refinery, Spur Oil Company, Ingram Oil and Refining Company. Amurex Oil Company,
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Competitors
Exxon Mobil Corporation
Royal Dutch Shell
BP p.l.c.
Canadian Natural Resources Ltd
Conoco Phillips
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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
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THANK YOU
LEADers