Murphy Oil (MUR) Tops Q1 EPS by 3c

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Go back to Murphy Oil (MUR) Tops Q1 EPS by 3c

Murphy Oil Corporation Announces First Quarter Financial and Operating Results

May 2, 2019 7:05 AM EDT

Executed Agreements to Divest Malaysia Assets for $2.127 Billion, and Subsequent to Quarter End, Acquire Gulf of Mexico Assets for $1.375 Billion

Drilled Discovery Wells in Mexico and Vietnam

EL DORADO, Ark.--(BUSINESS WIRE)-- Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the first quarter ended March 31, 2019, including net income attributable to Murphy of $40 million, or $0.23 per diluted share. Adjusted net income, which excludes discontinued operations and other one-off items, was $27 million, or $0.15 per diluted share.

On March 21, 2019, Murphy... More