Murphy Oil (MUR) Tops Q2 EPS by 6c

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Go back to Murphy Oil (MUR) Tops Q2 EPS by 6c

Murphy Oil Corporation Announces Second Quarter 2017 Financial and Operating Results

August 2, 2017 4:30 PM EDT

EL DORADO, Ark.--(BUSINESS WIRE)-- Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the second quarter ended June 30, 2017, including a net loss from continuing operations of $17 million, or $0.10 per diluted share.

Operating and financial highlights for the second quarter 2017 include:

Produced volumes of 163 Mboepd, on track to achieve full year production guidance Invested $201 million on capital expenditures, in line with $890 million annual capital program Achieved decade-low lease operating expense of $7.63 per boe... More