Murphy Oil Corp reports results for the quarter ended June 30 - Earnings Summary
Murphy Oil Corp reports results for the quarter ended June 30 - Earnings Summary
Murphy Oil Corp MUR.N reported quarterly adjusted earnings of $1.55 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 27 cents. The mean expectation of sixteen analysts for the quarter was for earnings of $1.53 per share. Wall Street expected results to range from $1.11 to $1.67 per share.
Revenue rose 35.6% to $926.33 million from a year ago; analysts expected $863.77 million.
Murphy Oil Corp's reported EPS for the quarter was $1.59.
The company reported quarterly net income of $232.18 million.
Murphy Oil Corp shares had risen by 17.9% this quarter and gained 22.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 14.9% in the last three months.
In the last 30 days, three analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 11 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the oil & gas exploration and production peer group is "buy."
Wall Street's median 12-month price target for Murphy Oil Corp is $42.00, about 14.2% above its last closing price of $36.04
This summary was machine generated from LSEG data August 5 at 11:22 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 |
Jun. 30 2026 | 1.53 | 1.55 | Beat |
Mar. 31 2026 | 0.29 | 0.32 | Beat |
Dec. 31 2025 | -0.03 | 0.14 | Beat |
Sep. 30 2025 | 0.17 | 0.41 | Beat |
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