Murphy Oil Corporation, founded in 1950 and headquartered in El Dorado, Arkansas, operates as a leading independent oil and natural gas exploration and production company. The company is primarily focused on exploring and producing crude oil and natural gas, with significant assets located in several regions including the U.S. Gulf Coast and offshore Canada.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| MUR 5.88% 2027-12-01 USDMurphy Oil Corp. | United States | 2027-12-01 | 5.875 | 6.04 |
| MUR 6.00% 2032-10-01 USDMurphy Oil Corp. | United States | 2032-10-01 | 6.000 | 5.86 |
| MUR 6.13% 2042-12-01 USDMurphy Oil Corp. | United States | 2042-12-01 | 6.125 | 7.67 |
| MUR 6.38% 2028-07-15 USDMurphy Oil Corp. | United States | 2028-07-15 | 6.375 | 6.07 |
| MUR 6.50% 2034-02-15 USDMurphy Oil Corp. | United States | 2034-02-15 | 6.500 | 6.43 |
| MUR 7.05% 2029-05-01 USDMurphy Oil Corp. | United States | 2029-05-01 | 7.050 | 4.77 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Murphy Oil has engaged in bond issuances to support its capital requirements and strategic initiatives, with the first bonds issued in the mid-1990s. Noteworthy recent transactions include a $500 million issuance in 2021, which was aimed at refinancing existing debt and enhancing liquidity, yielding around 3.5%, competitive within the industry. The company has also maintained a stable credit rating, reflecting its robust operational performance, despite fluctuations in the oil market.