Murphy Oil Corporation

Equities

MUR

US6267171022

Oil & Gas Exploration and Production

Market Closed - Nyse Other stock markets 21:00:01 17/05/2024 BST			5-day change	1st Jan Change
43.08 ^USD	+0.40%		-2.62%	+0.98%

05-13	Mizuho Adjusts Price Target on Murphy Oil to $59 From $55, Keeps Buy Rating	MT
05-02	Sector Update: Energy Stocks Rise in Thursday Afternoon Trading	MT

Murphy Oil Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024

May 02, 2024 at 11:00 am

Murphy Oil Corporation reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported revenue was USD 796.41 million compared to USD 841.72 million a year ago. Net income was USD 90 million compared to USD 191.64 million a year ago.

Basic earnings per share from continuing operations was USD 0.6 compared to USD 1.23 a year ago. Diluted earnings per share from continuing operations was USD 0.6 compared to USD 1.22 a year ago. Basic earnings per share was USD 0.59 compared to USD 1.23 a year ago.

Diluted earnings per share was USD 0.59 compared to USD 1.22 a year ago.

Latest news about Murphy Oil Corporation

Mizuho Adjusts Price Target on Murphy Oil to $59 From $55, Keeps Buy Rating	05-13	MT
Sector Update: Energy Stocks Rise in Thursday Afternoon Trading	05-02	MT
Murphy Oil Shares Rise Following Q1 Beat	05-02	MT
Transcript : Murphy Oil Corporation, Q1 2024 Earnings Call, May 02, 2024	05-02
Earnings Flash (MUR) MURPHY OIL CORPORATION Posts Q1 Revenue $796.4M, vs. Street Est of $742.6M	05-02	MT
Earnings Flash (MUR) MURPHY OIL CORPORATION Posts Q1 EPS $0.85, vs. Street Est of $0.82	05-02	MT
Murphy Oil Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024	05-02	CI
Murphy Oil Corporation Reports Production Results for the First Quarter Ended March 31, 2024	05-02	CI
Murphy Oil Corporation Provides Production Guidance for the Second Quarter and Full Year 2024	05-02	CI
KeyBanc Raises Murphy Oil's Price Target to $54 From $50, Maintains Overweight Rating	04-22	MT
BMO Capital Cuts Murphy Oil's Price Target to $52 From $55, Keeps Market Perform Rating	04-15	MT
Jefferies Raises Murphy Oil's Price Target to $46 From $43, Keeps Hold Rating	04-15	MT
Johnson Rice Raises Murphy Oil's Price Target to $58 From $48, Keeps Buy Rating	04-15	MT
Mizuho Adjusts Price Target on Murphy Oil to $55 From $53, Maintains Buy Rating	04-15	MT
North American Morning Briefing : Big Banks Kick -2-	04-12	DJ
UBS Raises Murphy Oil's Price Target to $54 From $43, Maintains Neutral Rating	04-11	MT
Scotiabank Downgrades Murphy Oil to Sector Perform From Sector Outperform, Price Target is $50	04-11	MT
JPMorgan Adjusts Price Target on Murphy Oil to $52 From $51, Maintains Overweight Rating	04-04	MT
Murphy Oil Maintains Quarterly Dividend at $0.30 Per Share, Payable June 3 to Holders of Record on May 20	04-03	MT
Murphy Oil Corporation Announces Quarterly Dividend, Payable on June 3, 2024	04-03	CI
Mizuho Adjusts Price Target on Murphy Oil to $53 From $50, Maintains Buy Rating	03-21	MT
Murphy Oil Insider Sold Shares Worth $433,550, According to a Recent SEC Filing	03-14	MT
Murphy Oil Insider Sold Shares Worth $1,632,992, According to a Recent SEC Filing	03-08	MT
Murphy Oil Insider Sold Shares Worth $1,208,687, According to a Recent SEC Filing	02-27	MT
Murphy Oil Corporation Promotes Eric M. Hambly to Position of President and Chief Operating Officer and E. Ted Botner to Executive Vice President	02-07	CI

Chart Murphy Oil Corporation

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Company Profile

Murphy Oil Corporation is an independent oil and gas exploration and production company. The Company is engaged in both onshore and offshore operations and properties. The Companyâs geographic segments include the United States, Canada, and all other countries. It produces crude oil, natural gas and natural gas liquids primarily in the United States and Canada and explores for crude oil, natural gas and natural gas liquids in targeted areas worldwide. In the United States, it produces crude oil, natural gas liquids and natural gas primarily from fields in the Gulf of Mexico and in the Eagle Ford Shale area of South Texas. It holds rights to approximately 133 thousand gross acres in South Texas in the Eagle Ford Shale unconventional oil and natural gas play. In Canada, it holds working interests in Tupper Montney (100% owned), Kaybob Duvernay (operated) and two non-operated offshore assets: the Hibernia and Terra Nova fields, located offshore Newfoundland in the Jeanne dâArc Basin.

Sector

Oil & Gas Exploration and Production

Calendar

31/07/2024 - Q2 2024 Earnings Release (Projected)

Related indices

Russell 2000

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Ratings for Murphy Oil Corporation

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

43.08 USD

Average target price

52.53 USD

Spread / Average Target

+21.93%

Consensus

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