Murphy Oil (MUR) Misses Q3 EPS by 10c

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Go back to Murphy Oil (MUR) Misses Q3 EPS by 10c

Murphy Oil Corporation Announces Third Quarter 2021 Results and Full Year 2021 Update

November 4, 2021 6:00 AM EDT

Achieves 2021 Long-Term Debt Reduction Goal of $300 Million Following Recent Bond Notice of Redemption, Lowers 2021 CAPEX Midpoint $20 Million to $680 Million

HOUSTON--(BUSINESS WIRE)-- Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the third quarter ended September 30, 2021, including net income attributable to Murphy of $108 million, or $0.70 net income per diluted share. Adjusted net income, which excludes discontinued operations and other one-off items, was $37 million, or $0.24 net income per diluted share.

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