Murphy Oil (MUR) Misses Q4 EPS by 8c

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Go back to Murphy Oil (MUR) Misses Q4 EPS by 8c

Murphy Oil Corporation Announces Fourth Quarter and Full Year 2021 Results, Preliminary Year-End 2021 Reserves, 2022 Capital Expenditure and Production Guidance, Increases Dividend 20 Percent

January 27, 2022 6:00 AM EST

HOUSTON--(BUSINESS WIRE)-- Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the fourth quarter ended December 31, 2021, including net income attributable to Murphy of $168 million, or $1.08 net income per diluted share. Adjusted net income, which excludes discontinued operations and other one-off items, was $62 million, or $0.40 net income 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 include:

Produced 150 thousand barrels of oil equivalent per day with 53 percent oil... More