Company Overview Visit murphyoilcorp.com website
Murphy Oil Corporation is an American petroleum and refining company formed in 1949 by Leon Murphy. The company has its headquarters in El Dorado, Arkansas.
Its major subsidiaries include Murphy USA (retail sales) and Murphy Oil (refining, exploration, production). They sell under a variety of brand names including Speedco, Beacon, Tiger Mart, Minit Stop, Ultramar Diamond Shamrock (UDS), Beacon/Road Runner City Express (toll collection), Clark and Dynegy for wholesale fuel supply. Collectively they own over 2200 retail locations throughout the US under various brand names.
The corporation's former name was MurTex operations until 1999 when it changed to Murphy Oil Corporation; before that it traded on the New York Stock Exchange under the symbol MUSA. It is also a Fortune 500 company and has been included in the Fortune Magazine's list of America's Fastest Growing Companies for ten years in a row, from 2001 to 2010.
Murphy Oil Corporation purchased El Paso Corporation in 2011. In 2015 Murphy Oil purchased Chevron Australia Coal Seam Gas business which includes retail sales stations in Australia and New Zealand, In 2017 Murphy Oil announced plans to build a new refinery near Memphis called Lakejack Refining LLC with production capacity over. The refinery was completed in December 2018 and began operating at full capacity on March 26th, 2019.