Murphy Oil (MUR) Unit Enters Agreement to Divest Montney Midstream Assets in C$538M Deal

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Go back to Murphy Oil (MUR) Unit Enters Agreement to Divest Montney Midstream Assets in C$538M Deal

Murphy Oil (MUR) Posts Q4 Loss of $3.41/Share

January 27, 2016 5:15 PM EST

Murphy Oil (NYSE: MUR) reported Q4 EPS of ($3.41), which may not compare to the analyst estimate of ($1.20).

The net loss during the fourth quarter includes a non-cash impairment of oil and natural gas properties of $192.2 million, or $123.5 million net of tax, deepwater rig contract... More