Murphy Oil

Murphy Oil Corp. is a holding company, which engages in the exploration and production of oil and natural gas. It operates through the Exploration and Production and Corporate and Other segment. The Exploration and Production segment includes the United States, Canada, and all other countries. The Corporate and Other segment focuses on interest income, other gains and losses, interest expense, and unallocated overhead. The company was founded by Charles H. Murphy Jr. in 1950 and is headquartered in Houston, TX.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Murphy Oil reports strong Q4 performance, eyes growth opportunities

Murphy Oil's Q4 performance reflects growth in production and net income, supported by successful projects and debt reduction achievements.
The company's focus on shareholder returns through the Murphy 2.0 framework and exploration for better returns highlights strategic priorities.
Challenges in Eagle Ford production and offshore business require mitigation strategies, while opportunities in Gulf of Mexico and Montney assets offer growth potential.
Balancing CapEx, buyback plans, and maintaining stability while pursuing M&A activities are key considerations for Murphy Oil's future success.

Murphy Oil (MUR) excels in Q1 2023, prioritizes debt reduction

Murphy Oil (MUR) delivered a robust performance in Q1 2023, surpassing production targets and focusing on debt reduction efforts. With a strategic emphasis on operational efficiency, sustainability, and cost advantage in offshore operations, the company is poised for growth through exploration activities and production enhancements.

Murphy Oil surpasses Q2 expectations, eyes growth in key regions

Murphy Oil's Q2 performance exceeded expectations, with strong production and robust financial results. The company's strengths lie in its strategic projects, sustainability efforts, and commitment to shareholder value.
Challenges include investor concerns over financial metrics and the need for efficient resource allocation. However, opportunities in exploration and operational growth present avenues for future success.
Overall, Murphy Oil's focus on operational excellence, international expansion, and prudent financial management positions it well for sustained growth and value creation in the energy sector.

Murphy Oil excels in Q3 with strong earnings and growth projects

Murphy Oil demonstrated strong operational and financial performance in Q3 2023, exceeding production guidance and reporting solid earnings.
The company's focus on debt reduction, shareholder returns, and growth projects in Vietnam and Cote d'Ivoire positions it for future success.
Challenges lie in maintaining financial discipline amidst market uncertainties and effectively managing exploration risks.
Overall, Murphy Oil's strategic initiatives and performance in Q3 reflect a balanced approach towards sustainable growth and value creation.

Murphy Oil (MUR) reduces debt, faces well challenges, eyes exploration

Murphy Oil (MUR) made significant progress in debt reduction and production in Q4 2023.
Despite challenges with well completion and downtime, the company remains focused on sustainability.
Opportunities lie in exploration plans in the Gulf of Mexico and Vietnam for high returns.
Maintaining a strong balance sheet and returning cash to shareholders are key priorities.

Murphy Oil exceeds Q1 expectations, focuses on growth and sustainability

Murphy Oil's Q1 2024 performance reflects operational strength, solid financial results, and a commitment to shareholder value and sustainability.
The company's strategic focus on exploration, production optimization, and community support positions it well for growth and resilience.
While facing challenges in addressing shareholder inquiries and balancing environmental goals with operational needs, Murphy Oil has opportunities for expansion and efficiency gains.
Overall, Murphy Oil's Q1 earnings call highlights a balanced approach to growth, financial stability, and environmental responsibility, setting a positive tone for future prospects.

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Murphy Oil (MUR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Murphy Oil (MUR) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

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With 2023 being largely about the usual suspects, investors may be better served in the new year targeting under-rated stocks. We're talking about fundamentally undervalued or underappreciated ideas that really didn't much airtime compared to their peers.

7 Underrated Stock Gems Hiding in Plain Sight

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) will host a conference call and webcast beginning at 9:00 a.m. Eastern Standard Time (EST) on Thursday, January 25, 2024 to discuss fourth quarter 2023 earnings. The company plans to release its financial and operating results before the market opens that morning. A webcast link and related presentation material will be included on the Investors page of the company's website at http://ir.murphyoilcorp.com. Date: Thursday, January 25,.

Murphy Oil Corporation Schedules Fourth Quarter 2023 Earnings Release and Conference Call

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While OPEC's latest cut failed to buy oil prices, there is a significant opportunity to be had for investors who are willing. We suggest buying stocks like SU, EOG and MUR.

How Will the OPEC Supply Cuts and Brazil's Entry Impact Oil?

With oil crawling back toward $80 per barrel ??? a healthy enough level for market participants?

Oil Rises Despite Supply Build on All Fronts, OPEC in Focus

Murphy Oil is making progress on its balance sheet transformation efforts, which could double capital returns to shareholders by Q3 2023. The company's strong production, particularly in the Gulf of Mexico and the Eagle Ford, is driving positive financial results. Murphy's offshore presence, particularly in the Gulf of Mexico, provides additional growth opportunities given regulatory support for expansion.

Murphy Oil: Increased Buybacks Can Lift Shares

Murphy Oil Corporation has made a successful discovery in Vietnam that could add 30,000 to 40,000 BOED to its production. The company's lease holdings in Vietnam have the potential to become a major source of income in the future. Murphy's onshore business in the United States generates cash flow for its offshore operations and has the potential for growth with operational advances.

Murphy Oil: An Offshore Discovery Heads Towards Production

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With oil trading below $80, we advise investors to buy stocks like Delek US Holdings (DK), EOG Resources (EOG) and Murphy Oil (MUR) at bargain prices.

Oil Price Tick Lower on Inventory Gain, OPEC Speculation

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Should Value Investors Buy Murphy Oil (MUR) Stock?

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) (“Murphy” or the “Company”) announced today the early tender results of its previously announced series of tender offers (the “Tender Offers”) to purchase for cash up to $250,000,000 aggregate principal amount (the “Maximum Aggregate Cap”) of certain of its outstanding series of senior notes listed in the table below (collectively, the “Notes”). The Tender Offers are being made pursuant to the terms and conditions set forth in the Off.

Murphy Oil Corporation Announces Early Results and Increase of 2027 Maximum Subcap of Cash Tender Offers for Outstanding Debt Securities

Although the revenue and EPS for Murphy Oil (MUR) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Murphy Oil (MUR) Reports Q3 Earnings: What Key Metrics Have to Say

Murphy Oil Corporation (NYSE:MUR ) Q3 2023 Earnings Conference Call November 2, 2023 9:00 AM ET Company Participants Kelly Whitley - Vice President, Investor Relations & Communications Roger Jenkins - President & Chief Executive Officer Tom Mireles - Executive Vice President & Chief Financial Officer Eric Hambly - Executive Vice President, Operation Conference Call Participants Bert Barnes - Truist Leo Mariani - ROTH MKM Charles Meade - Johnson Rice Operator Good morning, ladies and gentlemen. Welcome to the Murphy Oil Corporation Third Quarter 2023 Earnings Conference Call and Webcast.

Murphy Oil Corporation (MUR) Q3 2023 Earnings Call Transcript

Murphy Oil (MUR) revises its 2023 production volume expectation upward to accommodate strong contributions from its assets.

Murphy Oil (MUR) Q3 Earnings and Sales Surpass Estimates

Murphy Oil (MUR) came out with quarterly earnings of $1.59 per share, beating the Zacks Consensus Estimate of $1.34 per share. This compares to earnings of $1.84 per share a year ago.

Murphy Oil (MUR) Q3 Earnings and Revenues Surpass Estimates

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the third quarter ended September 30, 2023, including net income attributable to Murphy of $255 million, or $1.63 net income per diluted share. Excluding discontinued operations and other items affecting comparability between periods, adjusted net income attributable to Murphy was $249 million, or $1.59 adjusted net income per diluted share. Unless otherwise noted, the financial.

Murphy Oil Corporation Announces Third Quarter 2023 Financial and Operating Results, Advances Capital Allocation Framework, Increases Share Repurchase Authorization, Raises Full Year 2023 Production Guidance

Murphy Oil (MUR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Murphy Oil (MUR) Could Beat Earnings Estimates Again

Murphy Oil (MUR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Murphy Oil (MUR) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Murphy Oil (MUR) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Surging Earnings Estimates Signal Upside for Murphy Oil (MUR) Stock

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) will host a conference call and webcast beginning at 9:00 a.m. Eastern Daylight Time (EDT) on Thursday, November 2, 2023 to discuss third quarter 2023 earnings. The company plans to release its financial and operating results before the market opens that morning. A webcast link and related presentation material will be included on the Investors page of the company's website at http://ir.murphyoilcorp.com. Date: Thursday, November 2, 2.

Murphy Oil Corporation Schedules Third Quarter 2023 Earnings Release and Conference Call

Murphy Oil (MUR) sells non-core assets in Canada and explores new opportunities in Cote d'Ivoire and Vietnam.

Murphy Oil (MUR) Sells Assets, Uses Proceeds in New Business

Investors need to pay close attention to Murphy Oil (MUR) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Murphy Oil (MUR) Stock?

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) today announced that its subsidiary closed the previously announced divestment of certain non-core operated Kaybob Duvernay assets and all of its non-operated Placid Montney assets. The transaction was announced on August 3, 2023, and has an effective date of March 1, 2023. After closing adjustments, Murphy received cash proceeds of approximately C$141 million, or US$104 million1. There is no cash tax liability expected with this tran.

Murphy Oil Corporation Announces Close of Non-Core Canadian Asset Sale, Advances Capital Allocation Framework With Redemption of 5.750% Senior Notes Due 2025

Murphy Oil is excellent at controlling the risk of the offshore business. The onshore business is largely a cash flow business to fund the offshore business. Murphy is a relatively small player in the offshore business. Therefore growth will be lumpy.

Murphy Oil: Small Fish In A Big Pond

Murphy Oil Corporation (NYSE:MUR ) Q2 2023 Earnings Conference Call August 3, 2023 9:00 AM ET Company Participants Kelly Whitley - Vice President, Investor Relations & Communications Roger Jenkins - President & Chief Executive Officer Tom Mireles - Executive Vice President & Chief Financial Officer Eric Hambly - Executive Vice President, Operation Conference Call Participants Tim Rezvan - KeyBanc Devin McDermott - Morgan Stanley Leo Mariani - ROTH MKM Arun Jayaram - JPMorgan Charles Meade - Johnson Rice Josh Silverstein - UBS Roger Read - Wells Fargo Operator Hello and good morning, ladies and gentlemen, and welcome to the Murphy Oil Corporation's Second Quarter 2023 Earnings Conference Call and Webcast. Following the presentation, we will conduct a question-and-answer session.

Murphy Oil Corporation (MUR) Q2 2023 Earnings Call Transcript

Murphy Oil (MUR) records strong production volumes in the second quarter, courtesy of strong contributions from the Gulf of Mexico and Tupper Montney assets.

News for Murphy Oil Stock (MUR)