Murphy Oil (MUR) Misses Q4 EPS by 4c

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

Murphy Oil Corporation Announces Fourth Quarter and Full Year 2019 Results, 2020 Guidance

January 30, 2020 6:00 AM EST

Achieved 172% Organic Reserve Replacement

Signed Memorandum of Understanding for Kings Quay Floating Production System

EL DORADO, Ark.--(BUSINESS WIRE)-- Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the fourth quarter ended December 31, 2019, including a net loss attributable to Murphy of $72 million, or $0.46 net loss per diluted share. Adjusted net income, which excludes discontinued operations and other one-off items, was $25 million, or $0.16 per diluted share.

As previously announced, Murphy closed the Malaysia asset divestiture in the... More