Murphy Oil (MUR) Tops Q2 EPS by 23c

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Go back to Murphy Oil (MUR) Tops Q2 EPS by 23c

Murphy Oil Corporation Announces Second Quarter 2020 Operating and Financial Results

August 6, 2020 6:00 AM EDT

HOUSTON--(BUSINESS WIRE)-- Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the second quarter ended June 30, 2020, including a net loss attributable to Murphy of $317 million, or $2.06 net loss per diluted share. Adjusted net loss, which excludes discontinued operations and other one-off items, was $110 million, or $0.71 net loss per diluted share.

Unless otherwise noted, the financial and operating highlights and metrics discussed in this commentary exclude noncontrolling interest. 1

Significant items include:

Produced 168 thousand barrels of oil equivalent per day, including 58 percent or 98... More