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Murphy Oil Corp. (MUR)
NYSE:MUR
Earnings Data
Report Date
Apr 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.52Last Year’s EPS
0.85Same Quarter Last Year
Based on 14 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Jan 30, 2025
|% Change Since: -5.31%
|Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Neutral
Murphy Oil demonstrated significant financial and exploration achievements, including debt reduction and a successful oil discovery, which are offset by operational challenges and production impacts. The company's liquidity position and increased shareholder returns are positive, but there are concerns about production issues and asset impairments.Company Guidance
In the fourth quarter of 2024, Murphy Oil Corporation provided guidance with several key metrics. The company reduced its total debt by approximately 60% since 2020, achieving its lowest net debt in over a decade at approximately $850 million by year-end 2024. Production for the year was 177,000 barrels of oil equivalent per day (boe/d), while the fourth quarter specifically saw production of 175,000 boe/d, including 85,000 barrels of oil per day. Murphy Oil also maintained an 11-year reserve life with 713 million barrels of oil equivalent in proved reserves and achieved an 83% reserve replacement ratio. The company repurchased $300 million in stock during the year and announced an 8% increase in its quarterly cash dividend, raising the annualized rate to $1.30 per share. Financially, Murphy Oil generated $629 million in fourth-quarter revenue, with an average realized oil price of $70 per barrel, and adjusted EBITDA of $321 million. The company's 2025 capital expenditures are projected between $1.135 billion and $1.285 billion, with a significant portion allocated to offshore assets and development projects.Debt Reduction Achievement
Murphy Oil achieved a 60% reduction in total debt since 2020, reaching the lowest net debt in over a decade at approximately $850 million by year-end 2024.
Successful Oil Discovery in Vietnam
Murphy Oil drilled an oil discovery at the Hai Su Vang-1X exploration well in Vietnam, achieving a flow test result of 10,000 barrels of oil per day from one reservoir.
Increased Shareholder Returns
In 2024, Murphy Oil repurchased $300 million worth of stock and announced an 8% increase in its quarterly cash dividend.
Strong Liquidity Position
Murphy Oil ended 2024 with $1.8 billion in liquidity, positioning the company well to achieve strategic priorities.
Positive Seismic Reprocessing in Côte d'Ivoire
Murphy completed a seismic reprocessing project in Côte d'Ivoire, preparing for a three-well exploration program in late 2025.
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MUR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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MUR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 30, 2025 | $28.84 | $27.15 | -5.86% |
| Nov 07, 2024 | $32.16 | $32.36 | +0.62% |
| Aug 08, 2024 | $35.66 | $35.98 | +0.90% |
| May 02, 2024 | $42.62 | $42.66 | +0.09% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Murphy Oil Corp. (MUR) report earnings?
Murphy Oil Corp. (MUR) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is Murphy Oil Corp. (MUR) earnings time?
Murphy Oil Corp. (MUR) earnings time is at Apr 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MUR EPS forecast?
MUR EPS forecast for the fiscal quarter 2025 (Q1) is 0.52.
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