Murphy Oil (MUR) Tops Q1 EPS by 15c

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Go back to Murphy Oil (MUR) Tops Q1 EPS by 15c

Murphy Oil Corporation Announces First Quarter 2022 Results

May 4, 2022 6:00 AM EDT

Strong Initial Performance From New Gulf of Mexico Production and Onshore Wells, Balance Sheet Strengthening with Debt Reduction Announcement and Increasing Shareholder Returns

HOUSTON--(BUSINESS WIRE)-- Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the first quarter ended March 31, 2022, including a net loss attributable to Murphy of $113 million, or $0.73 net loss per diluted share. Adjusted net income, which excludes discontinued operations and other one-off items, was $113 million, or $0.73 net income per diluted share.

Unless otherwise noted, the financial and operating highlights and metrics... More