Murphy Oil (MUR) Tops Q4 EPS by 4c

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Go back to Murphy Oil (MUR) Tops Q4 EPS by 4c

Murphy Oil Corporation Announces Fourth Quarter and Full Year 2018 Financial and Operating Results, 2019 Capital Investment Program

January 31, 2019 6:45 AM EST

Increased Proved Reserves by 17% with 166% Organic Reserve Replacement

EL DORADO, Ark.--(BUSINESS WIRE)-- Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the fourth quarter ended December 31, 2018, including net income attributable to Murphy, which excludes noncontrolling interest, of $103 million, or $0.59 per diluted share. Net income including noncontrolling interest was $112 million.

With the close of the previously announced Gulf of Mexico transaction in the fourth quarter 2018, and in accordance with GAAP, Murphy reports the 100 percent interest, including a 20 percent noncontrolling... More