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

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Earnings data Q1 2022

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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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Insiders are definitely selling. They also accumulated a lot of stock during the downturn. Now is the time to rebalance personal portfolios. There are a lot of projects in various exploration and growth stages.

Murphy Oil: Deceptively Quiet

Murphy Oil Corporation (NYSE:MUR ) Q2 2022 Earnings Conference Call August 4, 2022 9:00 AM ET Company Participants Kelly Whitley - VP, IR and Communications Roger Jenkins - President and CEO Tom Mireles - EVP and CFO Eric Hambly - EVP, Operations Conference Call Participants Paul Cheng - Scotia Bank Leo Mariani - MKM Partners Neal Dingmann - Truist Securities Roger Read - Wells Fargo Arun Jayaram - JPMorgan Paul Cheng - Scotiabank Operator Good morning ladies and gentlemen, and welcome to the Murphy Oil Corporation Second Quarter 2022 Earnings Conference Call. [Operator Instructions] I would now like to turn the conference over to Kelly Whitley, Vice President, Investor Relations and Communications.

Murphy Oil Corporation (MUR) CEO Roger Jenkins on Q2 2022 Results - Earnings Call Transcript

Murphy Oil's (MUR) second-quarter earnings are better than expected. The company raises its 2022 production guidance.

Murphy Oil (MUR) Q2 Earnings Beat Estimates, Sales Rise Y/Y

Murphy Oil (MUR) delivered earnings and revenue surprises of 35.92% and 35.56%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Murphy Oil (MUR) Q2 Earnings and Revenues Surpass Estimates

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the second quarter ended June 30, 2022, including net income attributable to Murphy of $351 million, or $2.23 net income per diluted share. Adjusted net income, which excludes discontinued operations and other one-off items, was $305 million, or $1.93 net income per diluted share. Unless otherwise noted, the financial and operating highlights and metrics discussed in this comment

Murphy Oil Corporation Announces Second Quarter 2022 Results

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) announced today that it released the 2022 Sustainability Report, which covers the company's environmental, social and governance (ESG) performance and progress on established targets. The report is available here, along with a summary fact sheet. “The 2022 report highlights our team's keen focus on advancing our sustainability efforts. Our priorities target the issues that are most relevant to and controllable by our company – items s

Murphy Oil Corporation Releases 2022 Sustainability Report

Murphy Oil Corp. MUR, -3.65% announced Wednesday a 42.9% bump up in its quarterly dividend, to 25.0 cents a share from 17.5 cents a share. The oil and natural gas exploration and production company's new dividend will be payable Sept.

Murphy Oil raises dividend by 43%, to boost the yield to over 3%

HOUSTON--(BUSINESS WIRE)--The Board of Directors of Murphy Oil Corporation (NYSE: MUR) today declared a quarterly cash dividend on the Common Stock of Murphy Oil Corporation of $0.25 per share, or $1.00 per share on an annualized basis. This amount represents a 43 percent increase from the previous quarter and a 100 percent increase from fourth quarter 2021. The dividend is payable on September 1, 2022, to stockholders of record as of August 15, 2022. ABOUT MURPHY OIL CORPORATION As an independ

Murphy Oil Corporation Announces 43 Percent Dividend Increase to $1.00 Per Share Annualized

Murphy Oil's (MUR) second-quarter earnings are expected to have benefited from strong production as a result of achieving the first oil from King's Quay floating production system.

Murphy Oil (MUR) to Report Q2 Earnings: What's in Store?

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.

Is Murphy Oil (MUR) a Great Value Stock Right Now?

The heavy selling pressure might have exhausted for Murphy Oil (MUR) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

After Plunging 38.6% in 4 Weeks, Here's Why the Trend Might Reverse for Murphy Oil (MUR)

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Murphy Oil (MUR) is a Top-Ranked Growth Stock: Should You Buy?

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, August 4, 2022 to discuss second quarter 2022 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, August 4, 2022

Murphy Oil Corporation Schedules Second Quarter 2022 Earnings Release and Conference Call

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) today announced that the Board of Directors has elected Paul D. Vaughan to serve as Vice President and Controller effective July 1, 2022. Mr. Vaughan succeeds Christopher D. Hulse, who is currently serving as Vice President and Controller and has notified the company of his decision to leave Murphy to pursue other opportunities. Mr. Hulse will relinquish his Controller position as of July 1, 2022, and remain in active service to assis

Murphy Oil Corporation Board of Directors Elects New Corporate Officers

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Here's Why Murphy Oil (MUR) is a Strong Momentum Stock

The mean of analysts' price targets for Murphy Oil (MUR) points to a 26.6% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts Predict a 27% Upside in Murphy Oil (MUR): Here's What You Should Know

Does Murphy Oil (MUR) have what it takes to be a top stock pick for momentum investors? Let's find out.

What Makes Murphy Oil (MUR) a Strong Momentum Stock: Buy Now?

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Murphy Oil (MUR) reported earnings 30 days ago. What's next for the stock?

Why Is Murphy Oil (MUR) Up 16.4% Since Last Earnings Report?

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Should investors be excited or worried when a stock crosses above the 50-Day simple moving average?

Murphy Oil (MUR) Just Overtook the 50-Day Moving Average

The average of price targets set by Wall Street analysts indicates a potential upside of 33% in Murphy Oil (MUR). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

How Much Upside is Left in Murphy Oil (MUR)? Wall Street Analysts Think 33%

Murphy Oil Corporation (NYSE:MUR ) Q1 2022 Earnings Conference Call May 4, 2022 9:00 AM ET Company Participants Kelly Whitley – Vice President, Investor Relations and Communications Roger Jenkins – President and Chief Executive Officer David Looney – Executive Vice President and Chief Financial Officer Molly Smith – Vice President, Drilling and Completions Conference Call Participants Arun Jayaram – JPMorgan Paul Cheng – Scotia Bank Neal Dingmann – Truist Securities Neil Mehta – Goldman Sachs Charles Meade – Johnson Rice Roger Read – Wells Fargo Leo Mariani – KeyBanc Kelly Whitley Good morning, everyone, and thank you for joining us on our First Quarter Earnings Call today. Joining us is Roger Jenkins, President and Chief Executive Officer; along with David Looney, Executive Vice President and Chief Financial Officer; and Tom Mireles, Senior Vice President, Technical Services.

Murphy Oil's (MUR) CEO Roger Jenkins on Q1 2022 Results - Earnings Call Transcript

Murphy Oil's (MUR) first-quarter earnings were better than expected and the company raised its 2022 capital expenditure guidance.

News for Murphy Oil Stock (MUR)