Murphy Oil USA Inc, founded in 1950 and headquartered in El Dorado, Arkansas, is a prominent oil and gas exploration and production company. The firm primarily engages in the exploration and production of crude oil and natural gas, with a focus on the U.S. Gulf Coast and international markets.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| MUSA 4.75% 2029-09-15 USDMurphy Oil USA Inc | United States | 2029-09-15 | 4.750 | 5.16 |
| MUSA 5.63% 2027-05-01 USDMurphy Oil USA Inc | United States | 2027-05-01 | 5.625 | 5.74 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Murphy Oil USA began issuing bonds in the early 1990s, establishing a track record in the fixed-income market. One notable issuance occurred in 2019 when they raised $400 million with a 10-year maturity at a competitive yield of 4.25%, reflecting strong investor demand. Their bonds are typically characterized by investment-grade ratings, providing added security for investors. As of late 2023, the company’s bonds are yielding around 5.5%, favorable in comparison to the industry average of 6%, suggesting robust financial stability amidst fluctuating oil prices.