EX-13 3 mur-20141231ex1349be23c.htm EX-13 Exhibit 13

EXHIBIT 13

 

 

Financial and Operating Highlights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

% Change

 

 

 

% Change

(Thousands of dollars except per share data)

 

2014

 

2013

 

2014-2013

 

2012

 

2013-2012

 

 

 

 

 

 

 

 

 

 

 

For the Year

 

 

 

 

 

 

 

 

 

 

Revenues

 

$    5,476,084 

 

$   5,390,089 

 

2% 

 

$  4,619,602 

 

17% 

Income from continuing operations

 

1,024,973 

 

888,137 

 

15% 

 

806,494 

 

10% 

Net income

 

905,611 

 

1,123,473 

 

-19%

 

970,876 

 

16% 

Cash dividends – normal

 

236,371 

 

235,108 

 

1% 

 

228,288 

 

3% 

                         – special

 

– 

 

– 

 

N/A

 

486,141 

 

N/A

Capital expenditures

 

3,769,343 

 

4,120,592 

 

-9%

 

4,383,986 

 

-6%

Net cash provided by operating activities

 

3,048,639 

 

3,210,695 

 

-5%

 

2,911,380 

 

10% 

Average common shares outstanding  –
  diluted (thousands)

 

180,071 

 

189,271 

 

-5%

 

194,669 

 

-3%

 

 

 

 

 

 

 

 

 

 

 

At End of Year

 

 

 

 

 

 

 

 

 

 

Working capital

 

$       131,262 

 

$      284,612 

 

-54%

 

$     699,502 

 

-59%

Net property, plant and equipment

 

13,331,047 

 

13,481,055 

 

-1%

 

13,011,606 

 

4% 

Total assets

 

16,742,307 

 

17,509,484 

 

-4%

 

17,522,643 

 

0% 

Long-term debt

 

2,536,238 

 

2,936,563 

 

-14%

 

2,245,201 

 

31% 

Stockholders' equity

 

8,573,434 

 

8,595,730 

 

0% 

 

8,942,035 

 

-4%

 

 

 

 

 

 

 

 

 

 

 

Per Share of Common Stock

 

 

 

 

 

 

 

 

 

 

Income from continuing operations – diluted

 

$             5.69 

 

$            4.69 

 

21% 

 

$           4.14 

 

13% 

Net income – diluted

 

5.03 

 

5.94 

 

-15%

 

4.99 

 

19% 

Cash dividends paid – normal

 

1.325 

 

1.25 

 

6% 

 

1.175 

 

6% 

                                 – special

 

– 

 

– 

 

N/A

 

2.50 

 

N/A

Stockholders' equity

 

48.30 

 

46.87 

 

3% 

 

46.91 

 

0% 

 

 

 

 

 

 

 

 

 

 

 

Net Crude Oil and Gas Liquids Produced –
  barrels per day

 

151,647 

 

135,078 

 

12% 

 

112,591 

 

20% 

     United States

 

68,274 

 

48,387 

 

41% 

 

26,090 

 

85% 

     Canada

 

28,238 

 

31,231 

 

-10%

 

28,302 

 

10% 

     Malaysia

 

55,135 

 

53,766 

 

3% 

 

52,663 

 

2% 

     Other International

 

 

1,694 

 

-100%

 

5,536 

 

-69%

 

 

 

 

 

 

 

 

 

 

 

Net Natural Gas Sold – thousands of
  cubic feet per day

 

445,956 

 

423,846 

 

5% 

 

490,124 

 

-14%

     United States

 

88,471 

 

53,212 

 

66% 

 

52,962 

 

0% 

     Canada

 

156,478 

 

175,449 

 

-11%

 

217,046 

 

-19%

     Malaysia

 

201,007 

 

194,370 

 

3% 

 

216,745 

 

-10%

     United Kingdom

 

 

815 

 

-100%

 

3,371 

 

-76%

 

 

 

 

 

 

 

 

 

 

 

Stockholder and Employee Data at December 31

 

 

 

 

 

 

 

 

 

 

Common shares outstanding (thousands)

 

177,500 

 

183,407 

 

-3%

 

190,641 

 

-4%

Number of stockholders of record

 

2,556 

 

2,598 

 

-2%

 

2,361 

 

10% 

Number of employees

 

1,712 

 

1,875 

 

-9%

 

9,185 

 

-80%

 

 

 

 


 

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Corporate Information

 

 

 

Corporate Office

200 Peach Street

P.O. Box 7000

El Dorado, Arkansas 71731-7000

(870) 862-6411

 

Stock Exchange Listings

Trading Symbol: MUR

New York Stock Exchange

 

Transfer Agent and Registrar

Computershare Trust Company, N.A.

Toll-free (888) 239-5303

(732) 645-4155

 

(Address for overnight delivery)

211 Quality Circle

Suite 210

College Station, TX 77845

 

(Address for first class mail, registered mail and certified mail)

P.O. Box 30170

College Station, TX 77842-3170

 

Electronic Payment of Dividends

Shareholders may have dividends deposited directly into their bank accounts by electronic funds transfer.  Authorization forms may be obtained by contacting Computershare as described under Transfer Agent and Registrar above.

 

E-mail Address

murphyoil@murphyoilcorp.com

 

 

 

Web Site

www.murphyoilcorp.com

Murphy Oil’s website provides frequently updated information about the Company and its operations, including:

 

News releases

Annual report

Quarterly reports

Live webcasts of quarterly conference calls

Links to the Company’s SEC filings

Stock quotes

Profiles of the Company’s operations

 

Annual Meeting

The annual meeting of the Company’s stockholders will be held at 10:00 a.m. on May 13, 2015, at the South Arkansas Arts Center, 110 East 5th Street, El Dorado, Arkansas.  A formal notice of the meeting, together with a proxy statement and proxy form, will be provided to all shareholders.

 

Inquiries

Inquiries regarding shareholder account matters should be addressed to:

E. Ted Botner

Vice President, Law and Corporate Secretary

Murphy Oil Corporation

P.O. Box 7000

El Dorado, Arkansas 71731-7000

tbotner@murphyoilcorp.com

 

Members of the financial community should direct their inquiries to:

Barry Jeffery

Vice President, Investor Relations

Murphy Oil Corporation

P.O. Box 7000

El Dorado, Arkansas 71731-7000

(870) 864-6501

bjeffery@murphyoilcorp.com