The earnings call highlighted strong production results and operational efficiencies, with promising exploration prospects and cost management efforts. However, challenges in offshore Canada, fluctuating AECO prices, and operational issues in the Gulf of America presented concerns. The sentiment is slightly more positive due to the overall operational successes and future prospects.

Company Guidance -

Q3 2025

During the Murphy Oil Corporation's second quarter 2025 earnings call, the company provided guidance and key metrics that highlight their operational and financial performance. Murphy Oil reported a sequential increase in production to 190,000 barrels of oil equivalents per day, surpassing the high end of their guidance, primarily due to strong productivity from new wells in the Eagle Ford Shale and Tupper Montney. The second quarter capital expenditures were $251 million, and total company lease operating expenses were $11.80 per barrel of oil equivalent, both outperforming quarterly guidance. Murphy Oil completed its 2025 company-operated onshore well program, bringing online 10 wells in the Eagle Ford Shale and a 4-well pad in Kaybob Duvernay. The company remains on track to meet its 2025 plan with capital expenditures at the midpoint of annual guidance and expects operating expenses to be in the $10 to $12 per barrel of oil equivalent range in the second half of 2025. Murphy Oil has achieved over $700 million in cumulative cash cost savings since 2019, and looking ahead, the company is focused on exploration and appraisal activities across three continents, testing substantial resource potential.

Increased Production Exceeds Guidance

Second quarter production increased to 190,000 barrels of oil equivalents per day, surpassing the high end of guidance due to strong new well productivity from Eagle Ford Shale and Tupper Montney assets.

Operational Efficiency and Cost Management

Second quarter CapEx was $251 million, and total company lease operating expenses were $11.80 per barrel of oil equivalent, both better than quarterly guidance. The company continues to focus on a competitive cost structure, achieving over $700 million in cumulative cash cost savings since 2019.

Successful Well Completions and Exploration Initiatives

Completion of the Samurai #3 workover and the Khaleesi #2 workover contributed to strong operational results. The company is on track with its 2025 plan, with key exploration and appraisal activities across three continents, testing up to 1 billion barrels of oil equivalent in resource potential.

Positive Developments in Eagle Ford Shale

Recent Karnes County wells in Eagle Ford Shale showed 30% higher performance than past activity, with 4 of 5 wells being Lower Eagle Ford infills, reinforcing confidence in future inventory.

Vietnam Exploration Progress

An appraisal well in Vietnam's Hai Su Vang discovery is planned for September, aiming to test reservoir continuity and deeper oil potential, with the possibility of expanding the business to 30,000 to 50,000 barrels per day.

Murphy Oil (MUR) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

MUR Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 30, 2025	2025 (Q3)	0.25 / -	0.74	―	―	―
Aug 06, 2025	2025 (Q2)	0.19 / 0.27	0.81	-66.67% (-0.54)
May 07, 2025	2025 (Q1)	0.50 / 0.56	0.85	-34.12% (-0.29)
Jan 30, 2025	2024 (Q4)	0.58 / 0.35	0.9	-61.11% (-0.55)
Nov 07, 2024	2024 (Q3)	0.64 / 0.74	1.59	-53.46% (-0.85)
Aug 08, 2024	2024 (Q2)	0.73 / 0.81	0.79	2.53% (+0.02)
May 02, 2024	2024 (Q1)	0.83 / 0.85	1.24	-31.45% (-0.39)
Jan 25, 2024	2023 (Q4)	1.00 / 0.90	1.1	-18.18% (-0.20)
Nov 02, 2023	2023 (Q3)	1.42 / 1.59	1.84	-13.59% (-0.25)
Aug 03, 2023	2023 (Q2)	0.80 / 0.79	1.93	-59.07% (-1.14)

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

MUR Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 06, 2025	$23.63	$22.86	-3.26%
May 07, 2025	$20.70	$21.07	+1.79%
Jan 30, 2025	$28.43	$26.76	-5.87%
Nov 07, 2024	$31.70	$31.89	+0.60%

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.

FAQ

When does Murphy Oil Corp. (MUR) report earnings?

Murphy Oil Corp. (MUR) is schdueled to report earning on Oct 30, 2025, After Close (Confirmed).

What is Murphy Oil Corp. (MUR) earnings time?

Murphy Oil Corp. (MUR) earnings time is at Oct 30, 2025, After Close (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 (Q3) is 0.25.

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