Murphy Oil Corp reports results for the quarter ended December 31 - Earnings Summary

Murphy Oil

30/01/2025 14:32

* Murphy Oil Corp  MUR.N  reported quarterly adjusted
earnings of
35 cents​​ per share for the quarter ended December 31, lower
than the same quarter last year, when the company reported EPS
of 90 cents.  The mean expectation of nineteen analysts for the
quarter was for earnings of 56 cents per share. Wall Street
expected results to range from 36 cents to 71 cents per share.
    * Revenue fell 20.5% to $669.57 million from a year ago;
analysts
expected $740.18 million. 
    * Murphy Oil Corp's reported EPS for the quarter was 34
cents​.
    * The company reported quarterly net income of $50.34
million.
    * Murphy Oil Corp shares had fallen by 3.6% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 36.4%
in the last three months.​ 
    * In the last 30 days, thirteen analysts negatively revised
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 10
"hold" and 2 "sell" or "strong sell." 
    * The average consensus recommendation for the oil & gas
exploration and production peer group is also "hold"

Wall Street's median 12-month price target for Murphy Oil Corp
is $37.00 
This summary was machine generated from LSEG data January 30 at
02:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.57           0.35           Missed
 Sep. 30 2024      0.68           0.74           Beat
 Jun. 30 2024      0.74           0.81           Beat
 Mar. 31 2024      0.82           0.85           Beat