Murphy Oil (MUR) Q1 Earnings and Revenues Surpass Estimates

DVN HAL MUR TTE

Murphy Oil Corporation (MUR - Free Report) delivered first-quarter 2024 adjusted net earnings of 85 cents per share, surpassing the Zacks Consensus Estimate of 82 cents by 3.7%. The bottom line declined 31.5% from the year-ago quarter’s earnings of $1.24.

GAAP earnings were 59 cents compared with $1.22 reported in the year-ago quarter.

Revenues

Revenues of $796.4 million surpassed the Zacks Consensus Estimate of $730 million by 9.1%. The top line declined 5.4% from the prior-year quarter’s $842 million.

7 Best Stocks for the Next 30 Days

Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."

Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.2% per year. So be sure to give these hand picked 7 your immediate attention. 

See them now >>