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MURPHY OIL (MUR)

Earnings summaries and quarterly performance for MURPHY OIL.

Recent press releases and 8-K filings for MUR.

Murphy Oil Corporation Reports Q3 2025 Results and Provides Q4/FY 2025 Guidance
MUR
Earnings
Guidance Update
New Projects/Investments
  • Murphy Oil Corporation reported Q3 2025 production of 200 MBOEPD, generating $681 million in revenue.
  • As of September 30, 2025, the company maintained ~$1.6 billion in liquidity and a low leverage of 1.0x.
  • $46 million was returned to shareholders in Q3 2025, contributing to $240 million returned year-to-date 2025.
  • For Q4 2025, production guidance is 176-184 MBOEPD with accrued CAPEX of $392 million.
  • Operational highlights include the spudding of the Hai Su Vang-2X appraisal well on October 2 and the installation of the Lac Da Vang-A platform jacket in 4Q 2025, targeting first oil in 4Q 2026.
Nov 6, 2025, 2:00 PM
Murphy Oil Reports Strong Q3 2025 Operational Performance and Outlines 2026 Capital Plans
MUR
Earnings
Guidance Update
New Projects/Investments
  • Murphy Oil Corporation reported strong operational performance in Q3 2025, exceeding production guidance with 200,000 barrels of oil equivalent per day total production and 94,000 barrels per day of oil production.
  • Operating costs in Q3 2025 averaged $9.39 per BOE, a 20% reduction from the prior quarter, and capital expenditures totaled $164 million, below guidance.
  • The company is progressing key international projects, including the Lac Da Vang Golden Camel field development and the Savette exploration well in C\u00f4te d'Ivoire, which has a mean potential of over 400 million barrels.
  • Onshore assets like Eagle Ford and Montney showed strong performance, with initial rates 50-100% above historical levels and breakevens as low as $20-$35.
  • For 2026, Murphy anticipates a capital program in the $1.1 billion-$1.3 billion range, potentially with slightly higher exploration spending and a slightly lower onshore program. The company is less likely to be active in share repurchases at current commodity prices.
Nov 6, 2025, 2:00 PM
Murphy Oil Reports Q3 Results
MUR
Earnings
New Projects/Investments
  • Murphy Oil Corp. reported a third-quarter net loss of $2.97 million, primarily due to a $92 million non-cash impairment related to the Dalmatian field.
  • Despite the net loss, the company's adjusted earnings per share of 41 cents significantly exceeded Wall Street expectations, and revenue reached $733 million, surpassing forecasts due to strong operational performance.
  • The company's stock has experienced an over 11% decline in 2025, and analysts maintain a 'hold' rating with a median price target approximately equal to the current share price.
Nov 6, 2025, 11:16 AM
Murphy Oil Corporation Announces Third Quarter 2025 Results
MUR
Earnings
Guidance Update
Dividends
  • Murphy Oil Corporation reported a net loss of $(3.0) million, or $(0.02) per diluted share, but an adjusted net income of $58.1 million, or $0.41 per diluted share, for Q3 2025.
  • The company delivered a sequential increase in production to 200,383 BOEPD total production and 94,067 BOPD oil production in Q3 2025.
  • Murphy reduced debt by $50 million and paid $46 million in dividends during the third quarter of 2025.
  • Accrued capital expenditures (CAPEX) for Q3 2025 were $163.9 million, and the company reaffirmed its full year 2025 production and CAPEX guidance.
  • Adjusted free cash flow for Q3 2025 was $124.4 million.
Nov 5, 2025, 9:58 PM
Murphy Oil Corporation Announces Third Quarter 2025 Results
MUR
Earnings
Guidance Update
New Projects/Investments
  • Murphy Oil Corporation reported a net loss from continuing operations attributable to Murphy of $3.0 million and a diluted net loss per common share of $0.02 for the third quarter ended September 30, 2025.
  • The company delivered a sequential increase in total production to 200,383 BOEPD and oil production to 94,067 BOPD in the third quarter of 2025, outperforming guidance.
  • Murphy Oil reduced debt by $50 million and returned $46 million to shareholders through quarterly dividends in the third quarter of 2025. The company also has $550 million remaining under its share repurchase authorization as of September 30, 2025.
  • The company reaffirmed its full-year 2025 production guidance of 174,500 to 182,500 BOEPD and capital expenditures guidance of $1,135 million to $1,285 million.
  • Subsequent to the third quarter, Murphy completed the installation of the platform jacket and initiated development drilling at the Lac Da Vang (Golden Camel) project in Vietnam, which remains on schedule for first oil in the fourth quarter of 2026.
Nov 5, 2025, 9:55 PM
Murphy Oil Reports Q3 2025 Results with Strong Production and Adjusted Free Cash Flow
MUR
Earnings
Guidance Update
Share Buyback
  • Murphy Oil Corporation reported a net loss of $3.0 million, or $0.02 net loss per diluted share, for the third quarter of 2025, primarily due to a $92 million non-cash pre-tax impairment related to the Dalmatian field. However, the company achieved an adjusted net income of $58.1 million, or $0.41 per diluted share, and generated $124.4 million in adjusted free cash flow.
  • The company's operational performance exceeded expectations, with third-quarter production reaching 200.4 thousand barrels of oil equivalent per day (MBOEPD), surpassing its guidance range. Operating expenses improved significantly to $9.39 per BOE, a 20 percent decrease from the second quarter.
  • Murphy Oil updated its full-year 2025 production outlook, expecting it to be closer to the high end of the 174.5 to 182.5 MBOEPD guidance range. Capital expenditures for Q3 2025 were $164 million, with Q4 CAPEX projected between $370 million and $390 million.
  • The company maintained a strong balance sheet, reporting $1.4 billion in total debt and $1.0 billion in net debt at the end of Q3 2025. It also returned capital to shareholders, distributing $139.8 million in dividends and repurchasing $100.0 million of stock during the first three quarters of 2025.
Nov 5, 2025, 9:55 PM