Murphy Oil (MUR) Misses Q4 EPS by 1c, Revenues Miss

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Go back to Murphy Oil (MUR) Misses Q4 EPS by 1c, Revenues Miss

Murphy Oil Corporation Announces Fourth Quarter and Full Year 2020 Results, Provides 2021 Capital Expenditure and Production Guidance

January 28, 2021 6:00 AM EST

Sanctioned Low Cost Tupper Montney Natural Gas Development

HOUSTON--(BUSINESS WIRE)-- Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the fourth quarter ended December 31, 2020, including a net loss attributable to Murphy of $172 million, or $1.11 net loss per diluted share. Adjusted net loss, which excludes discontinued operations and other one-off items, was $14 million, or $0.09 net loss per diluted share.

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

Highlights for the fourth quarter... More