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

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Murphy Oil (MUR) delivered earnings and revenue surprises of 23.73% and 8.22%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Murphy Oil (MUR) Q1 Earnings Beat Estimates

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the first quarter ended March 31, 2022, including a net loss attributable to Murphy of $113 million, or $0.73 net loss per diluted share. Adjusted net income, which excludes discontinued operations and other one-off items, was $113 million, or $0.73 net income per diluted share. Unless otherwise noted, the financial and operating highlights and metrics discussed in this commentar

Murphy Oil Corporation Announces First Quarter 2022 Results

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (the “Company”) (NYSE:MUR) announced today that it will redeem $200 million in aggregate principal amount of its 6.875% Senior Notes due 2024 (the “Notes”) on June 2, 2022, the redemption date for the Notes. The redemption price for the Notes called for redemption will be equal to 101.719% of the principal amount, plus accrued and unpaid interest, if any, to, but excluding, the redemption date in accordance with the terms of the Notes and the ind

Murphy Oil Corporation Announces Partial Redemption of 6.875% Notes Due 2024

Murphy Oil's (MUR) first-quarter earnings are expected to have benefited from the strong production in the Eagle Ford Shale and the Gulf of Mexico region along with the recovery in commodity prices.

Murphy Oil (MUR) to Report Q1 Earnings: What's in Store?

Chevron

Halliburton

Kinder Morgan

Shell PLC

Halliburton (HAL) and Kinder Morgan (KMI) get things rolling on the energy earnings front this week and are viewed as an important read on the sector's outlook for the current year.

Energy Q1 Earnings Underway: Can Price Rise Quell Russia Woes?

Delek Logistics Partners

Equinor

Exxon Mobil

Could these oil and gas stocks pump higher?

4 Oil & Gas Stocks To Watch Today

Murphy Oil (MUR) begins producing oil from the new deepwater Gulf of Mexico project. Murphy Oil is expected to gain from expanding domestic oil production and debt reduction in 2022.

Murphy (MUR) Gets First Oil From King's Quay in Offshore GOM

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) announced today that it has achieved first oil from the Khaleesi, Mormont and Samurai field development project in the deepwater Gulf of Mexico, as production has begun flowing through the Murphy-operated King's Quay floating production system (King's Quay FPS). The project is comprised of the Khaleesi / Mormont fields in Green Canyon blocks 389 and 478, respectively, and the Samurai field, located in Green Canyon Block 432. Completio

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

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

Here's Why Momentum Investors Will Love Murphy Oil (MUR)

Constellation Brands

Constellation Brands and Murphy Oil were among the small number of companies that declared dividend increases this week.

2 Companies That Raised Their Dividends This Week

Murphy Oil (MUR) management further improves shareholder value by increasing the annualized dividend rate by 17% to 70 cents per share.

Murphy Oil (MUR) Rewards Shareholders With 17% Dividend Hike

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 $0.175 per share, or $0.70 per share on an annualized basis. This amount represents a 17 percent increase from the previous quarter and a 40 percent increase from fourth quarter 2021. The dividend is payable on June 1, 2022, to stockholders of record as of May 16, 2022. ABOUT MURPHY OIL CORPORATION As an independent oil

Murphy Oil Corporation Announces 17 Percent Dividend Increase to $0.70 Per Share Annualized

Murphy Oil's partnership with Exxon Mobil is a potential game-changer.

Murphy Oil Is Going Elephant Hunting

Canadian Natural Resources

Coterra Energy

TotalEnergies SE

Vermilion Energy

Oil markets are poised for additional upside with rising geopolitical tensions. MUR, TTE, and VER can make great investments heading into April.

7 Oil Stocks to Buy Heading Into April

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 Wednesday, May 4, 2022 to discuss first 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: Wednesday, May 4, 2022 Time

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

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) today announced that drilling has concluded at the Cutthroat-1 exploration well in block SEAL-M-428 in the Sergipe-Alagoas Basin offshore Brazil. While the presence of hydrocarbons was not found, the partner group will continue to integrate the exploration well data into its regional subsurface interpretation efforts in order to better understand the exploration potential of its deepwater blocks located in the Sergipe-Alagoas Basin. C

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

Hess

The stock market is likely to rally into April. Here are two strong buy candidates.

Stocks This Week: Buy Murphy Oil And Hess Corporation

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

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

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) today announced that David R. Looney plans to retire from the company and will relinquish his position as Executive Vice President and Chief Financial Officer on June 30, 2022. The Board of Directors has elected Thomas J. “Tom” Mireles to serve as his replacement effective upon Mr. Looney's retirement. Mr. Mireles will assume Mr. Looney's responsibilities, as well as maintain oversight of the company's sustainability function. Mr. Loo

Murphy Oil Corporation Announces Retirement of David R. Looney, Executive Vice President and Chief Financial Officer, Board of Directors Elects Thomas J.

Murphy Oil is poised to benefit from high energy prices by generating more cash and returning it to shareholders.

This Energy Stock Just Boosted Its Dividend by 20%. Are More Hikes on the Way?

Murphy Oil Corporation (MUR) CEO Roger Jenkins on Q4 2021 Results - Earnings Call Transcript

Murphy Oil's (MUR) Q4 earnings disappoint investors, while revenues impress. MUR announces a 20% hike in its 2022 dividend and expects the 2022 capex to be $840-$890 million.

Murphy Oil (MUR) Q4 Earnings Lag, Revenues & Dividends Rise Y/Y

Murphy Oil (MUR) delivered earnings and revenue surprises of -11.11% and 24.70%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Murphy Oil (MUR) Q4 Earnings Lag Estimates

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the fourth quarter ended December 31, 2021, including net income attributable to Murphy of $168 million, or $1.08 net income per diluted share. Adjusted net income, which excludes discontinued operations and other one-off items, was $62 million, or $0.40 net income per diluted share. Unless otherwise noted, the financial and operating highlights and metrics discussed in this comm

Murphy Oil Corporation Announces Fourth Quarter and Full Year 2021 Results, Preliminary Year-End 2021 Reserves, 2022 Capital Expenditure and Production Guidance, Increases Dividend 20 Percent

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 $0.15 per share, or $0.60 per share on an annualized basis. The increase represents a 20 percent increase from the previous quarter. The dividend is payable on March 1, 2022, to stockholders of record as of February 14, 2022. ABOUT MURPHY OIL CORPORATION As an independent oil and natural gas exploration and production co

News for Murphy Oil Stock (MUR)