Murphy

Murphy Companies Names Kirk Fischer as New President and CEO

Retrieved on: 
Thursday, May 11, 2023
EOS, Walter M. Murphy Company, DHL Supply Chain, Coe College, Overalls, Entrepreneurship, Woman, Shorr, Equity, XPO, Business administration, Mark Griep, CFO, Inclusion, Longevity, Management, Murphy, Sociology

MINNEAPOLIS, May 11, 2023 /PRNewswire/ -- Murphy Companies, a leading third-party logistics and warehouse services firm, announced Kirk Fischer has joined the 119-year old privately held firm as its new president and CEO. He will succeed D. Thomas Griep, who served in the role since 2020 and is retiring after more than 21 years with the company. Griep will remain an advisor to the Board of Directors for one year.

Key Points: 
  • MINNEAPOLIS, May 11, 2023 /PRNewswire/ -- Murphy Companies, a leading third-party logistics and warehouse services firm, announced Kirk Fischer has joined the 119-year old privately held firm as its new president and CEO.
  • Fischer brings more than 30 years of supply chain leadership, business development and talent development experience to Murphy.
  • Prior to that he held positions of senior director – consumer packaged goods at DHL Supply Chain, and president at Jacobson Companies (acquired by XPO).
  • "As Murphy Companies transitions to our fifth generation of ownership, our board is firmly committed to the future of the company.

Ground-Breaking New Footwear Company, FAST Sneaks, Slated to Launch Exclusive Collection by Renowned Artist Brendan Murphy

Retrieved on: 
Thursday, May 11, 2023
Well, Murphy, Medicine, Pharma, Collection, Human, BIG, Limited Edition, Intelligence, Automotive industry, Multimedia, EPK, Optics, Gold, BMW, Love, Jean Wells (artist), Ultimate, Shoe, Authentication, Department of Defence, Extreme metal, Toy, Aviation, Transport, AI

MIAMI, May 11, 2023 /PRNewswire/ -- On June 7, 2023, FAST Sneaks will launch its debut collection, FAST Sneaks Project, one-of-one collectible sneakers designed by contemporary artist, Brendan Murphy. Authenticated by Alitheon's Optical AI Technology, FeaturePrint®, this unprecedented fine art meets fashion collaboration features Murphy's distinct artistic formulas, transforming each 'rare pair' into a unique work of art for the discerning collector and sneaker enthusiast.  Co-founded by Murphy and longtime collector Christopher N. Harding, FAST Sneaks is the first footwear company to utilize artificial intelligence to ensure product authenticity and provenance.  Breaking through a crowded category with its technology driven innovation, FAST Sneaks Project's unparalleled customization revolutionizes bespoke luxury products, never been seen before.

Key Points: 
  • Co-founded by Murphy and longtime collector Christopher N. Harding , FAST Sneaks is the first footwear company to utilize artificial intelligence to ensure product authenticity and provenance.
  • Breaking through a crowded category with its technology driven innovation, FAST Sneaks Project's unparalleled customization revolutionizes bespoke luxury products, never been seen before.
  • FAST Sneaks Project marks Murphy's latest far-reaching evolution of blended abstract figurative forms, formulas and equations which create a pictorial spectrum of human emotion.
  • By partnering with Alitheon, FAST Sneaks upends the process of using additive solutions and revolutionizes a static sneaker market.

Murphy USA Inc. Announces Dividend Increase

Retrieved on: 
Thursday, May 4, 2023
Retail, Energy, Convenience Store, Oil, Gas, Common stock, MUSA, Murphy, NYSE, Holding company

The Board of Directors of Murphy USA Inc. (NYSE: MUSA) today declared a quarterly cash dividend on the Common Stock of Murphy USA Inc. of $0.38 per share, or $1.52 per share on an annualized basis, reflecting a 3% increase from the prior quarter.

Key Points: 
  • The Board of Directors of Murphy USA Inc. (NYSE: MUSA) today declared a quarterly cash dividend on the Common Stock of Murphy USA Inc. of $0.38 per share, or $1.52 per share on an annualized basis, reflecting a 3% increase from the prior quarter.
  • The dividend is payable on June 1, 2023, to stockholders of record as of May 15, 2023.

Marvell Announces Changes to its Board of Directors

Retrieved on: 
Wednesday, May 3, 2023
Lead, Murphy, Interim, Shareholder, Chairperson, Marvell, MRVL, Annual general meeting, Marvell Technology, Hill, Management

Hill will be retiring from the Board at the end of his current term to focus on philanthropic activity in Latin America.

Key Points: 
  • Hill will be retiring from the Board at the end of his current term to focus on philanthropic activity in Latin America.
  • The Board has also appointed Michael Strachan, a Marvell Director since 2016, to become Lead Independent Director.
  • On behalf of Marvell's Board of Directors and leadership team, I would like to thank Ed for his dedicated service," said Murphy.
  • In addition to Murphy and Strachan, the Board of Directors has nominated for reelection as Directors at the Annual Meeting of Stockholders Sara Andrews, Tudor Brown, Brad Buss, Rebecca House, Marachel Knight, Robert Switz, and Ford Tamer.

Murphy Oil Corporation Announces First Quarter 2023 Financial and Operating Results, Reaffirms 2023 Production and Capital Expenditure Guidance Ranges

Retrieved on: 
Wednesday, May 3, 2023
Oil, Gas, Energy, Borrowing base, Pressure, S&P Global, Natural gas, Telephone, Murphy Oil, Tax, GAAP, Oso, EDT, CALL, Public expenditure, Internet, Samurai, CAPEX, EBITDA, Eagle Ford Group, WI, AECO, MP, MUR, Depreciation, Terra Nova, NCI, Karnes, National Oil Corporation, News, NYSE, Cryptocurrency, Film industry, Bookkeeping, Gasoline, Commercial property, Petroleum, Murphy, Daenerys Targaryen, Green, Longclaw, Gulf of Mexico, Chinook

Details for first quarter results and an adjusted net income reconciliation can be found in the attached schedules.

Key Points: 
  • Details for first quarter results and an adjusted net income reconciliation can be found in the attached schedules.
  • First quarter production averaged 172.5 MBOEPD and consisted of 55 percent oil volumes, or 94 MBOPD.
  • Gulf of Mexico – Production averaged approximately 87 MBOEPD, consisting of 79 percent oil during the first quarter.
  • Murphy reaffirms its 2023 accrued capital expenditures (CAPEX) plan range of $875 million to $1.025 billion.

Murphy USA Inc. Reports First Quarter 2023 Results

Retrieved on: 
Tuesday, May 2, 2023
Other Energy, Oil, Gas, Energy, Alternative Vehicles, Fuels, Automotive, Engineering, Other Automotive, Manufacturing, Álex Rins, Greenhouse gas emissions, MUSA, SSS, GHG, CPG, Murphy, Investment, NYSE, Nestlé USA, Inc. v. Doe, Share repurchase, Mobile phone, Renewable energy

Murphy USA Inc. (NYSE: MUSA), a leading marketer of retail motor fuel products and convenience merchandise, today announced preliminary financial results for the three months ended March 31, 2023.

Key Points: 
  • Murphy USA Inc. (NYSE: MUSA), a leading marketer of retail motor fuel products and convenience merchandise, today announced preliminary financial results for the three months ended March 31, 2023.
  • Total fuel contribution (retail fuel margin plus product supply and wholesale ("PS&W") results including RINs) for Q1 2023 was 28.9 cpg, compared to 34.0 cpg in Q1 2022.
  • Total retail gallons increased 4.9% in Q1 2023 compared to Q1 2022, while volumes on a same store sales ("SSS") basis increased 1.4%.
  • “Murphy USA performance was exceptional during the first quarter, delivering results aligned with our high expectations and future value creation potential,” said President and CEO Andrew Clyde.

Murphy USA Inc. Announces $1.5 Billion Repurchase Program

Retrieved on: 
Tuesday, May 2, 2023
Retail, Convenience Store, Murphy USA, MUSA, Murphy, Share repurchase, NYSE

The Board of Directors of Murphy USA Inc. (NYSE: MUSA) recently authorized a new share repurchase authorization of up to $1.5 billion to begin upon completion of the current $1 billion authorization and to be executed by December 31, 2028.

Key Points: 
  • The Board of Directors of Murphy USA Inc. (NYSE: MUSA) recently authorized a new share repurchase authorization of up to $1.5 billion to begin upon completion of the current $1 billion authorization and to be executed by December 31, 2028.
  • "We are increasingly confident in the future of Murphy USA given our exceptional operating performance, accelerating organic growth profile and ongoing business improvement initiatives.
  • Repurchases may be conducted through open market transactions, privately negotiated transactions, pursuant to accelerated share repurchase programs, or otherwise.
  • The repurchase program may be suspended or discontinued at any time.

Kathryn Murphy and Lindsey Obenhaus honored by D Magazine as Best Lawyers in Dallas 2023

Retrieved on: 
Monday, April 24, 2023
Murphy, Professional, Texas Academy of Mathematics and Science, Lawyer, American Academy, Texas Board of Legal Specialization, Bar association, DA, Public key certificate, Divorce, International Academy, Steven Naifeh, Fraud, D Magazine, Practice of law, DALLAS, Family

Murphy and Obenhaus, in company with all Goranson Bain Ausley lawyers, are known for providing constructive, strategic, and client-centered representation--protecting children's interests, securing assets for the future, and achieving efficient and advantageous resolutions of family law matters.

Key Points: 
  • Peer respect and recognition for their exceptional work in family law earns Goranson Bain Ausley Partners Kathryn Murphy and Lindsey Obenhaus honors as Best Lawyers in Dallas 2023 by D Magazine.
  • DALLAS, April 24, 2023 /PRNewswire-PRWeb/ -- Peer respect and recognition for their exceptional work in family law earns Goranson Bain Ausley Partners Kathryn Murphy and Lindsey Obenhaus recognition as a D Magazine Best Lawyers in Dallas 2023.
  • Board Certified in Family Law by the Texas Board of Legal Specialization, Obenhaus has been named a D Magazine Best Lawyers in Dallas for three consecutive years.
  • She is also consistently recognized as Best Lawyers Under 40 by D Magazine and Best Lawyers in America Ones to Watch.

Murphy USA Schedules First Quarter 2023 Results Conference Call

Retrieved on: 
Wednesday, April 5, 2023
Retail, Convenience Store, Interest, Webcast, Murphy, MUSA, Rimini Street Inc. v. Oracle USA Inc., NYSE, Cryptocurrency

Murphy USA Inc. (NYSE: MUSA) will release preliminary first quarter 2023 earnings results after the market close on Tuesday, May 2, 2023, followed by a conference call at 10:00 a.m. CT on Wednesday, May 3, 2023.

Key Points: 
  • Murphy USA Inc. (NYSE: MUSA) will release preliminary first quarter 2023 earnings results after the market close on Tuesday, May 2, 2023, followed by a conference call at 10:00 a.m. CT on Wednesday, May 3, 2023.
  • Interested parties may participate by dialing 1-888-330-2384 and referencing conference ID number 6680883.
  • The call can also be accessed via webcast through the Investor Relations section of Murphy USA’s website at http://ir.corporate.murphyusa.com .
  • The webcast will be available for replay one hour after the conference concludes and a transcript will be made available shortly thereafter.

EK Health and Murphy & Beane Launch Collaboration to Optimize Managed Care Solutions

Retrieved on: 
Monday, March 6, 2023
Health care, SAN, TPA, Manager, Political lists, Business development, Professional, Health, Dignity, Organization, Nursing, Murphy

SAN JOSE, Calif., March 6, 2023 /PRNewswire-PRWeb/ -- EK Health, a leading national managed care company, and Murphy & Beane, a notable third-party administrator, have recently teamed up to offer enhanced managed care services to clients and their employees. By combining the claims processing expertise that Murphy & Beane provides with EK Health's gold-standard service lines, this union will offer top-notch solutions for cost containment, quality care, and expedited responsiveness. The two organizations aim to foster deep collaboration and optimize strengths to provide improved claim resolution, efficient systems and quality care for injured workers.

Key Points: 
  • Quality care at the core: EK Health Services Inc. and Third-Party Administrator, Murphy & Beane expand their reach to advance responsive and comprehensive cost-containment solutions for clients.
  • SAN JOSE, Calif., March 6, 2023 /PRNewswire-PRWeb/ -- EK Health, a leading national managed care company, and Murphy & Beane, a notable third-party administrator, have recently teamed up to offer enhanced managed care services to clients and their employees.
  • By combining the claims processing expertise that Murphy & Beane provides with EK Health's gold-standard service lines, this union will offer top-notch solutions for cost containment, quality care, and expedited responsiveness.
  • EK Health has proven themselves worthy collaborators of Murphy & Beane," Rose DeLeon, President & CEO at Murphy & Beane, stated.