Murphy Oil's (MUR) second-quarter earnings are better than estimates. The company continues to reduce its debts and raise shareholder value through buybacks.
Murphy Oil (MUR) came out with quarterly earnings of $0.81 per share, beating the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.79 per share a year ago.
Murphy Oil's (MUR) second-quarter earnings are expected to have been driven by strong production volumes from its domestic and international assets.
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.