Done By, Arjun

Govind

FORTUNE 104

MURPHY OIL

Current CEO and President : Steven A. Cossé 

Incorporated Year: 1964Annual Revenue: US$ 28.8 billion Major subsidiaries

o Murphy Exploration & Production Company

o Murphy Oil Company, Ltd. o Murphy Oil USA, Inc.

Geographies covered:

United States,Malaysia,The U.K,

Kuala Lumpur,Malaysia,

St. Albans,England,

Republic of the Congo,Jakarta,

Indonesia,Perth,

Western Australia,Erbil in the north region of Iraq,

Western Canada

Foundation and Milestones

Family : Timberlands in southern Arkansas and northern Louisiana

Owned by Charles Murphy Sr 1946: The four children of Charles

Murphy Sr. pooled their land and oil interests to form C. H. Murphy & Co

1950: C. H. Murphy & Co. was incorporated as Murphy Corporation, headed by Charles Murphy Jr.

1956: Murphy Oil became a public company by sale of stock in the American Stock Exchange

1957: Murphy and other operators joined in exploration and developed oil production in Venezuela, their first foreign development. a) Ocean Drilling and Exploration Company

(ODECO)b) River States Oil Companyc) Milford Haven

1964: It became Murphy Oil Corporation

Acquisitions

1955: Marine Oil Company. 1956 onwards: Superior Refinery, Spur Oil Company, Ingram Oil and Refining Company. Amurex Oil Company,

Competitors

Exxon Mobil Corporation

Royal Dutch Shell

BP p.l.c.

Canadian Natural Resources Ltd

Conoco Phillips

CSR

In January 2007, the company announced a plan to set aside $50 million for scholarships for every student in the El Dorado school system

THANK YOU

LEADers