Murphy Oil (MUR) Tops Q2 EPS by 37c; Raises Production Guidance

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Go back to Murphy Oil (MUR) Tops Q2 EPS by 37c; Raises Production Guidance

Murphy Oil Corporation Announces Second Quarter 2022 Results

August 4, 2022 6:00 AM EDT

Raises Full Year Production Guidance, Introduces Capital Allocation Framework Including Share Repurchase Program

HOUSTON--(BUSINESS WIRE)-- Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the second quarter ended June 30, 2022, including net income attributable to Murphy of $351 million, or $2.23 net income per diluted share. Adjusted net income, which excludes discontinued operations and other one-off items, was $305 million, or $1.93 net income per diluted share.

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