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Murphy Oil Corporation

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In a year's time, Murphy Oil’s shares have outperformed the rally of its industry. Murphy Oil’s ongoing capital investments will pave the way for long-term oil-focused production growth. The new low-cost finding will help the company to further expand onshore and offshore business. Murphy Oil is continuously working to preserve its balance sheet strength. The company is pursuing steady E&P and development activities in the U.S. and other international locations. However, Murphy Oil operates in a highly competitive oil and gas industry that continues to create challenges for the company. Additionally, with operations outside the U.S., the company is also subject to changes in foreign currency conversion rates, which may adversely impact its earnings from these oilfields.

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