Murphy Oil (MUR) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
Murphy Oil (MUR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
These Analysts Lower Their Forecasts On Murphy Oil After Downbeat Earnings
Murphy Oil Corporation MUR reported downbeat fiscal-year fourth-quarter earnings on Thursday.
Murphy Oil: The Chances Of Finding An Elephant Are Still Realistic
The company holds game-changing prospects and maintains a strong balance sheet under new CEO leadership. MUR focuses on steady growth, though offshore projects cause earnings to be 'bumpy' due to significant project impacts and routine maintenance downtimes. Net debt is at its lowest levels in a long time.
Murphy Oil Corporation (MUR) Q4 2024 Earnings Call Transcript
Murphy Oil Corporation (NYSE:MUR ) Q4 2024 Earnings Conference Call January 30, 2025 9:00 AM ET Company Participants Kelly Whitley - Vice President, Investor Relations and Communications Eric Hambly - President and Chief Executive Officer Tom Mireles - Executive Vice President and Chief Financial Officer Chris Lorino - Senior Vice President, Operations Conference Call Participants Arun Jayaram - JPMorgan Neil Mehta - Goldman Sachs Neal Dingmann - Truist Securities Paul Cheng - Scotiabank Leo Mariani - ROTH Capital Charles Meade - Johnson Rice Carlos Escalante - Wolfe Research Geoff Jay - Daniel Energy Partners Betty Jiang - Barclays Chris Baker - Evercore ISI Operator Good morning, ladies and gentlemen, and welcome to the Murphy Oil Corporation Fourth Quarter 2024 Earnings Conference Call. [Operator Instructions] I would now like to turn the conference over to Ms.
Murphy Oil's Q4 Earnings and Revenues Lag Estimates, Expenses Decline
MUR's fourth-quarter earnings per share and revenues missed the consensus estimates. The company has replaced 83% of its production volumes in 2024.
Murphy Oil (MUR) Q4 Earnings and Revenues Miss Estimates
Murphy Oil (MUR) came out with quarterly earnings of $0.35 per share, missing the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.90 per share a year ago.
Murphy Oil to Post Q4 Earnings: What's in the Cards for the Stock?
MUR's fourth-quarter earnings per share are expected to have benefited from strong production from domestic and international assets.
Analysts Estimate Murphy Oil (MUR) to Report a Decline in Earnings: What to Look Out for
Murphy Oil (MUR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Murphy Oil Has Strong Return Potential
Murphy Oil Corporation's diversified portfolio spans the Americas, with significant assets in the U.S., Canada, Mexico, and exploration in Vietnam, aiming for mid single-digit production growth. The company is committed to reducing long-term debt to $1 billion by mid-2025, enhancing financial stability and positioning for downturns. Murphy's 3.0 capital allocation strategy focuses on shareholder returns, with 50% of FCF allocated to buybacks and dividends, achieving double-digit returns.
Murphy Oil Corporation: CEO Change Will Now Occur
Roger Jenkins steps down as CEO, with Eric Hambly taking over. Murphy Oil aims for organic growth while maintaining exposure to potential elephants. The company is buying back stock due to undervaluation.
Murphy Oil Corporation (MUR) Q3 2024 Earnings Call Transcript
Murphy Oil Corporation (NYSE:MUR ) Q3 2024 Results Conference Call November 7, 2024 9:00 AM ET Company Participants Kelly Whitley - VP, Investor Relations and Communications Roger Jenkins - Chief Executive Officer Tom Mireles - EVP and CFO Eric Hambly - President and COO Conference Call Participants Neal Dingmann - Truist Securities Carlos Escalante - Wolfe Research, LLC Leo Mariani - ROTH MKM Paul Cheng - Scotia Howard Weil Tim Rezvan - KeyBanc Arun Jayaram - J.P. Morgan Operator Good morning, ladies and gentlemen, and welcome to the Murphy Oil Corporation Third Quarter 2024 Earnings Conference Call and Webcast.
Murphy Oil Q3 Earnings Lag Estimates, Revenues Decline Y/Y
MUR's third-quarter earnings are lower than expected. The lower contribution from Eagle Ford Shale and Gulf of Mexico region has adversely impacted results.
