Murphy Oil Declares 25 Cent Dividend
April 8, 2010 (FinancialWire) — The board of directors of Murphy Oil Corp. (NYSE: MUR) has declared a quarterly dividend on the company’s common stock of $0.25 per share, or $1 per share on an annualized basis. The dividend is payable June 1 to holders of record May 14.
Arkansas-basedMurphy Oil is an international oil and gas company that produces oil and natural gas in the United States, Canada, the United Kingdom and Malaysia and conducts exploration activities worldwide.
The company owns refining and marketing operations in the United States and the United Kingdom. Murphy USA Marketing Co. operates retail gasoline stations under the Murphy USA brand across 20 states in the U.S.
The company’s retail gasoline stations operate primarily in the parking areas of Wal-Mart Supercenters.
Murphy Oil USA also operates a network of 12 company-owned terminals. These terminals, along with third-party terminals, provide fuel supply to retail and branded wholesale stations throughout 23 states.
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