Murphy Oil Corporation Q2 2009 Earnings Call Transcript

Aug. 06, 2009 8:17 PM ETMurphy Oil Corporation (MUR)
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Murphy Oil Corporation (NYSE:MUR) Q2 2009 Earnings Call August 6, 2009 1:00 PM ET


David M. Wood – President, Chief Executive Officer & Director

Kevin G. Fitzgerald – Chief Financial Officer & Senior Vice President

John W. Eckart – Vice President & Controller

Mindy K. West – Vice President & Treasurer

Dory Stiles – Manager of Investor Relations


Evan Calio – Morgan Stanley

Mark Gilman – The Benchmark Company

Jean Gillespie - Gillespie Consulting Group

Michael Jacobs - Tudor, Pickering, Holt & Co.

James Mahoney - The Daily Oil Bulletin

Blake Fernandez – Howard Weil

Paul Cheng – Barclays Capital

Kate Lucas – Collins Stewart

Unidentified Analyst


Welcome to the Murphy Oil Corporation second quarter 2009 earnings conference call. During today’s presentation, all parties will be in a listen only mode. Following the presentation the conference will be open for questions. (Operator Instructions) This conference is being recorded today, Thursday, August 6, 2009. I would now like to turn the conference over to Mr. Dave Wood, President and CEO.

David M. Wood

Thanks for joining us on our call today. With me are Kevin Fitzgerald, Senior Vice President and Chief Financial Officer, John Eckart, Vice President and Controller, Mindy West, Vice President and Treasurer, and Dory Stiles, Manager of Investor Relations.

Dory Stiles

Today’s call will follow our usual format. Kevin will begin by providing a review of second quarter 2009 results. David will then follow with an operational update after which questions will be taken. Please keep in mind that some of the comments made during this call will be considered forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. As such, no assurances can be given that these events will occur or that the projections will be attained.

A variety of

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