Murphy Oil (MUR) Tops Q4 EPS by 3c

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Go back to Murphy Oil (MUR) Tops Q4 EPS by 3c

Murphy Oil Corporation Announces Preliminary Fourth Quarter and Full Year 2017 Financial and Operating Results, 2018 Capital Investment Program

January 31, 2018 5:30 PM EST

EL DORADO, Ark.--(BUSINESS WIRE)-- Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the fourth quarter ended December 31, 2017, including a net loss from continuing operations of $285 million, or $1.65 per diluted share. The fourth quarter loss included a $274 million charge associated with U.S. tax reform.

The companys income from continuing operations before income taxes, was $2 million in the fourth quarter, and $72 million for the full year 2017. Financial highlights for the fourth quarter and full year 2017 include:

Achieved competitive EBITDAX per barrel of oil equivalent... More