Murphy Oil Management

Management criteria checks 3/4

Murphy Oil's CEO is Roger Jenkins, appointed in Aug 2013, has a tenure of 10.67 years. total yearly compensation is $13.26M, comprised of 8% salary and 92% bonuses, including company stock and options. directly owns 0.68% of the company’s shares, worth €45.07M. The average tenure of the management team and the board of directors is 3.8 years and 10.2 years respectively.

Key information

Roger Jenkins

Chief executive officer

US$13.3m

Total compensation

CEO salary percentage	8.0%
CEO tenure	10.7yrs
CEO ownership	0.7%
Management average tenure	3.8yrs
Board average tenure	10.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Roger Jenkins's remuneration changed compared to Murphy Oil's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$13m	US$1m	US$663m
Sep 30 2023	n/a	n/a	US$746m
Jun 30 2023	n/a	n/a	US$1b
Mar 31 2023	n/a	n/a	US$1b
Dec 31 2022	US$13m	US$1m	US$967m
Sep 30 2022	n/a	n/a	US$937m
Jun 30 2022	n/a	n/a	US$517m
Mar 31 2022	n/a	n/a	US$102m
Dec 31 2021	US$11m	US$989k	-US$72m
Sep 30 2021	n/a	n/a	-US$413m
Jun 30 2021	n/a	n/a	-US$765m
Mar 31 2021	n/a	n/a	-US$1b
Dec 31 2020	US$13m	US$983k	-US$1b
Sep 30 2020	n/a	n/a	-US$1b
Jun 30 2020	n/a	n/a	-US$700m
Mar 31 2020	n/a	n/a	-US$316m
Dec 31 2019	US$19m	US$1m	US$85m
Sep 30 2019	n/a	n/a	US$233m
Jun 30 2019	n/a	n/a	US$154m
Mar 31 2019	n/a	n/a	US$61m
Dec 31 2018	US$13m	US$1m	US$161m
Sep 30 2018	n/a	n/a	-US$163m
Jun 30 2018	n/a	n/a	-US$286m
Mar 31 2018	n/a	n/a	-US$278m
Dec 31 2017	US$13m	US$1m	-US$553m

Compensation vs Market: Roger's total compensation ($USD13.26M) is above average for companies of similar size in the German market ($USD3.42M).

Compensation vs Earnings: Roger's compensation has been consistent with company performance over the past year.

CEO

Roger Jenkins (61 yo)

10.7yrs

Tenure

US$13,261,841

Compensation

Mr. Roger W. Jenkins has been the Chief Executive Officer and Director of Murphy Oil Corporation since August 30, 2013 and served as its President since August 30, 2013 until February 1, 2024. Mr. Jenkins...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Roger Jenkins	CEO & Director	10.7yrs	US$13.26m	0.68% $ 45.1m
Eric Hambly	President & COO	3.8yrs	US$4.56m	0.20% $ 13.5m
Thomas Mireles	Executive VP & CFO	1.8yrs	US$4.52m	0.070% $ 4.6m
E. Botner	Executive VP	10.7yrs	US$3.39m	0.12% $ 8.0m
Daniel Hanchera	Senior Vice President of Business Development	1.3yrs	US$2.18m	0.033% $ 2.2m
Maria Martinez	Vice President of Human Resources & Administration	5.6yrs	no data	0.027% $ 1.8m
Kelly Whitley	Vice President of Investor Relations & Communications	8.8yrs	US$328.03k	0.045% $ 3.0m
John Gardner	Vice President of Marketing & Supply Chain	9.1yrs	no data	0.017% $ 1.1m
Meenambigai Palanivelu	Vice President of Sustainability	1.2yrs	no data	0.023% $ 1.5m
Paul Vaughan	VP & Controller	1.8yrs	no data	0.0078% $ 515.3k
Leyster Jumawan	VP of Corporate Planning & Treasurer.	1.8yrs	no data	0.030% $ 2.0m

3.8yrs

Average Tenure

54yo

Average Age

Experienced Management: MUQ's management team is considered experienced (3.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Roger Jenkins	CEO & Director	10.7yrs	US$13.26m	0.68% $ 45.1m
James Kelley	Independent Director	17.7yrs	US$305.04k	0.074% $ 4.9m
Claiborne Deming	Independent Non-Employee Chairman & Presiding Director	31.3yrs	US$425.04k	1.69% $ 111.6m
Lawrence Dickerson	Independent Director	9.7yrs	US$317.03k	0.032% $ 2.1m
Robert Murphy	Independent Director	31.3yrs	US$340.39k	1.65% $ 109.4m
Laura Sugg	Independent Director	9.2yrs	US$315.03k	0.0052% $ 346.4k
Jeffrey Nolan	Independent Director	11.7yrs	US$290.03k	0.40% $ 26.2m
Michelle Earley	Independent Director	2.8yrs	US$290.54k	0% $ 0
Elisabeth Keller	Independent Director	7.3yrs	US$306.04k	0.38% $ 25.4m
Robert Ryan	Independent Director	4.5yrs	US$320.04k	0.029% $ 1.9m

10.2yrs

Average Tenure

65yo

Average Age

Experienced Board: MUQ's board of directors are seasoned and experienced ( 10.2 years average tenure).

Murphy Oil Management

Management criteria checks 3/4

Key information

Recent management updates

Murphy Oil Corporation, Annual General Meeting, May 08, 2024

Insider recently sold €1.1m worth of stock

Murphy Oil Corporation Promotes Eric M. Hambly to Position of President and Chief Operating Officer and E. Ted Botner to Executive Vice President

Independent Director recently sold €4.0m worth of stock

Executive VP & CFO recently sold €473k worth of stock

Insider recently sold €442k worth of stock

Recent updates

Fourth quarter dividend of US$0.30 announced

Murphy Oil Corporation Announces Quarterly Dividend, Payable on June 3, 2024

Murphy Oil Corporation to Report Q1, 2024 Results on May 02, 2024

Murphy Oil Corporation, Annual General Meeting, May 08, 2024

Insider recently sold €1.1m worth of stock

Full year 2023 earnings released: EPS: US$4.27 (vs US$6.23 in FY 2022)

Upcoming dividend of US$0.30 per share at 3.1% yield

Murphy Oil Corporation Promotes Eric M. Hambly to Position of President and Chief Operating Officer and E. Ted Botner to Executive Vice President

Fourth quarter dividend of US$0.30 announced

Full year 2023 earnings released: EPS: US$4.27 (vs US$6.23 in FY 2022)

Murphy Oil Corporation Provides Production Guidance for the First Quarter and Full Year 2024

Murphy Oil Corporation to Report Q4, 2023 Results on Jan 25, 2024

Now 20% undervalued after recent price drop

Murphy Oil Corporation Provides Production Guidance for the Fourth Quarter and Full Year 2023

Third quarter 2023 earnings released: EPS: US$1.65 (vs US$3.40 in 3Q 2022)

Upcoming dividend of US$0.28 per share at 2.4% yield

Murphy Oil Corporation Declares Dividend for the Third Quarter of 2023, Payable December 1, 2023

Murphy Oil Corporation to Report Q3, 2023 Results on Nov 02, 2023

An unknown buyer completed the acquisition of Kaybob Duvernay and Non-Operated Placid Montney Assets from Murphy Oil Corporation (NYSE:MUR).

Independent Director recently sold €4.0m worth of stock

An unknown buyer agreed to acquire Kaybob Duvernay and Non-Operated Placid Montney Assets from Murphy Oil Corporation (NYSE:MUR) for CAD 150 million.

Second quarter 2023 earnings released: EPS: US$0.63 (vs US$2.26 in 2Q 2022)

Now 23% undervalued after recent price drop

Murphy Oil Corporation to Report Q2, 2023 Results on Aug 03, 2023

Murphy Oil Corporation(NYSE:MUR) dropped from Russell Small Cap Comp Growth Index

Executive VP & CFO recently sold €473k worth of stock

Upcoming dividend of US$0.28 per share at 3.3% yield

Murphy Oil Corporation Provides Production Guidance for the Second Quarter and Full Tear 2023

First quarter 2023 earnings released: EPS: US$1.23 (vs US$0.73 loss in 1Q 2022)

Full year 2022 earnings released: EPS: US$6.23 (vs US$0.47 loss in FY 2021)

Insider recently sold €442k worth of stock

VP & Controller recently sold €304k worth of stock

Upcoming dividend of US$0.28 per share at 2.7% yield

Murphy Oil Corporation Provides Production Guidance for the Full Year and First Quarter of 2023

Full year 2022 earnings released: EPS: US$6.23 (vs US$0.47 loss in FY 2021)

Murphy Oil Corporation to Report Q4, 2022 Results on Jan 26, 2023

CEO, President & Director recently sold €7.3m worth of stock

Independent Director recently sold €2.4m worth of stock

Third quarter 2022 earnings released

Murphy Oil Corporation Provides Production Guidance for the Fourth Quarter and Full Year of 2022

Upcoming dividend of US$0.25 per share

Murphy Oil Corporation Declares Quarterly Cash Dividend on the Common Stock, Payable on December 1, 2022

Investor sentiment improved over the past week

Murphy Oil Corporation to Report Q3, 2022 Results on Nov 03, 2022

Independent Director recently sold €201k worth of stock

Insider recently sold €168k worth of stock

Executive VP & CFO recently sold €202k worth of stock

Second quarter 2022 earnings released: EPS: US$2.26 (vs US$0.41 loss in 2Q 2021)

Murphy Oil Corporation Provides Production Guidance for the Third Quarter and Full Year of 2022

Murphy Oil Corporation Declares Quarterly Cash Dividend, Payable on September 1, 2022

Murphy Oil Corporation to Report Q2, 2022 Results on Aug 04, 2022

Murphy Oil Corporation Announces Executive Changes

Investor sentiment deteriorated over the past week

CEO, President & Director recently sold €7.8m worth of stock

Investor sentiment improved over the past week

Independent Director recently sold €85k worth of stock

Investor sentiment deteriorated over the past week

Upcoming dividend of US$0.17 per share

First quarter 2022 earnings released: US$0.73 loss per share (vs US$1.87 loss in 1Q 2021)

Murphy Oil Corporation Provides Production Guidance for the Second Quarter and Full Year of 2022

Murphy Oil Corporation Achieves First Oil At King’s Quay Floating Production System in Deepwater Gulf of Mexico

Murphy Oil Corporation Declares Quarterly Cash Dividend, Payable on June 1, 2022

Murphy Oil Corporation to Report Q1, 2022 Results on May 04, 2022

Murphy Oil Corporation to Report Q1, 2022 Results on May 04, 2022

Murphy Oil Corporation Announces Results of Cutthroat-1 Exploration Well Offshore Brazil

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Insider recently sold €211k worth of stock

Upcoming dividend of US$0.15 per share

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat