EXHIBIT 99.1 NEWS RELEASE MURPHY OIL CORPORATION ANNOUNCES THIRD QUARTER 2024 FINANCIAL AND OPERATING RESULTS Repurchased $194 Million of Shares Outstanding, Initiated Vietnam Exploration Program HOUSTON, Texas, November 7, 2024 – Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the third quarter ended September 30, 2024, including net income attributable to Murphy of $139 million, or $0.93 net income per diluted share. Excluding discontinued operations and other it ...

Murphy Oil Corporation (MUR) is slated to report third-quarter 2024 financial results on Nov. 7, before market open. The company delivered an earnings surprise of 10.96% in the last reported quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Let us discuss the factors that might have impacted MUR’s quarterly performance.Factors to Consider for MUR’s Q3 ResultsMurphy Oil’s third-quarter earnings are expected to have benefited from the production ramp-up in its domestic and inter ...

Wall Street expects a year-over-year decline in earnings on lower revenues when Murphy Oil (MUR) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on November 7. O ...

Jeremy Poland Murphy Oil (NYSE:MUR) is a relatively small player with a decent sized offshore business because it handles the risk of the offshore business rather well. Recently, there was news about a downbeat production view that caused the stock to be downgraded as an investment idea. However, this is a La Nina year, and the Gulf of Mexico production is likely to have a lot of interruptions from what is expected to be a very busy hurricane season. Murphy has this and some routine considerations in its pr ...

Murphy Oil Corporation (NYSE:MUR) Q2 2024 Earnings Conference Call August 8, 2024 9:00 AM ET Company Participants Kelly Whitley - VP, Investor Relations and Communications Roger Jenkins - Chief Executive Officer Eric Hambly - President and COO Tom Mireles - EVP and CFO Conference Call Participants Neal Dingmann - Truist Securities Arun Jayaram - J.P. Morgan Neil Mehta - Goldman Sachs Carlos Escalante - Wolfe Research, LLC Paul Cheng - Scotia Howard Weil Leo Mariani - ROTH MKM Charles Meade - Johnson Rice & ...

Murphy Oil Corporation (MUR) delivered second-quarter 2024 adjusted net earnings of 81 cents per share, surpassing the Zacks Consensus Estimate of 73 cents by 10.9%. The bottom line increased 2.5% from the yearago quarter's 79 cents. GAAP earnings were 83 cents compared with 62 cents in the year-ago quarter. The difference between GAAP and operating earnings was due to discontinued operations and other items affecting comparability between periods. Revenues Murphy Oil's revenues were $802.7 million, which m ...

2024 SECOND QUARTER EARNINGS CONFERENCE CALL & WEBCAST AUGUST 8, 2024 ROGER W. JENKINS CHIEF EXECUTIVE OFFICER 1 www.murphyoilcorp.com NYSE: MUR Cautionary Statement Cautionary Note to US Investors – The United States Securities and Exchange Commission (SEC) requires oil and natural gas companies, in their filings with the SEC, to disclose proved reserves that a company has demonstrated by actual production or conclusive formation tests to be economically and legally producible under existing economic and o ...

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. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 10.96%. A quarter ago, it was expected that this oil and gas producer would post earnings of $0.82 per share when it actually produced earnings of $0.85, delivering a surprise of 3.66%. Over the last four quarters, the c ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-8590 MURPHY OIL CORPORATION (Exact name of registrant as specified in its charter) Delaware 71-0361522 (State or other jurisdiction ...

EXHIBIT 99.1 MURPHY OIL CORPORATION ANNOUNCES SECOND QUARTER 2024 FINANCIAL AND OPERATIONAL RESULTS, REVISES CAPITAL ALLOCATION FRAMEWORK TO ACCELERATE SHAREHOLDER RETURNS, INCREASES SHARE REPURCHASE AUTHORIZATION Announced Discovery at Ocotillo #1 Exploration Well in the Gulf of Mexico, Repurchased $56 Million of Shares Outstanding and $50 Million of Senior Notes HOUSTON, Texas, August 8, 2024 – Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the second quarter en ...