分组1 - Murphy Oil reported quarterly earnings of $0.14 per share, exceeding the Zacks Consensus Estimate of a loss of $0.07 per share, representing an earnings surprise of +304.08% [1] - The company posted revenues of $624.56 million for the quarter ended December 2025, which aligns with the Zacks Consensus Estimate but is a decrease from $670.96 million a year ago [2] - Over the last four quarters, Murphy Oil has surpassed consensus EPS estimates four times and topped revenue estimates three times [2] 分组2 - The stock has added about 1.8% since the beginning of the year, compared to the S&P 500's gain of 1.9% [3] - The current consensus EPS estimate for the coming quarter is $0.43 on revenues of $655.32 million, and for the current fiscal year, it is $0.99 on revenues of $2.59 billion [7] - The Zacks Industry Rank for Oil and Gas - Exploration and Production - United States is currently in the bottom 5% of over 250 Zacks industries, indicating potential underperformance [8]

Core Insights - Murphy Oil Corporation experienced a pivotal year in 2025, marked by strong exploration momentum and operational execution, achieving significant well performance in both onshore and offshore assets [2][3][8] Financial Performance - In 2025, the company averaged production of 182 thousand barrels of oil equivalent per day (MBOEPD), an increase from 177 MBOEPD in 2024, generating $1.2 billion in cash from continuing operations and approximately $300 million in free cash flow [3][19] - The company returned $286 million to shareholders through dividends and share buybacks, with a lease operating expense per barrel of oil equivalent (LOE/BOE) of $10.89, a 20% reduction from the previous year [3][19] - For the fourth quarter of 2025, production averaged 181 MBOEPD, with realized oil prices at $59.21 per barrel, down $6.97 from the third quarter, while realized natural gas prices increased by 56% to $2.34 per thousand cubic feet (MCF) [10][19] Operational Highlights - The company set records for the longest laterals in its US onshore program and achieved a 7% year-over-year reduction in drilling costs per well [4][5] - In Vietnam, the Hai Su Vang (Golden Sea Lion) appraisal well was successful, indicating potential for significant resource growth, with first oil expected in the fourth quarter of 2026 [7][15] - The Gulf of America saw the completion of the 2025 workover program, and the acquisition of the Pioneer FPSO is expected to enhance the economics of the Chinook 8 development well [6][10] Capital Expenditures and Investments - Capital expenditures for the fourth quarter were $341 million, lower than the guidance of $392 million, with full-year CAPEX at $1.157 billion, aligning with the lower end of the guidance range [13][22] - The company plans to allocate approximately 75% of its 2026 capital budget to development, with a projected CAPEX range of $1.2 billion to $1.3 billion [22] Future Outlook - Production is anticipated to decrease to 171 MBOEPD in 2026, primarily due to lower natural gas volumes at Tupper Montney, but the company expects to generate over 35% more cash flow from this asset compared to 2025 [23] - The company is optimistic about its exploration and appraisal activities, with plans to drill additional appraisal wells in Vietnam and continue exploration in Côte d'Ivoire [24][18]

Report on Form 10-Q or Current Report on Form 8-K that we file, available from the SEC's website and from Murphy Oil Corporation's website at [http://ir.murphyoilcorp.com]. Investors and others should note that we may announce material information using SEC filings, press releases, public conference calls, webcasts and the investors page of our website. We may use these channels to distribute material information about the Company; therefore, we encourage investors, the media, business partners and others i ...

The share price of Murphy Oil Corporation (NYSE:MUR) fell by 6.87% between January 16 and January 23, 2026, putting it among the Energy Stocks that Lost the Most This Week. Here is Why Murphy Oil (MUR) Fell This Week Murphy Oil Corporation (NYSE:MUR) is a global independent oil and natural gas exploration and production company. Murphy Oil Corporation (NYSE:MUR) fell after the company announced on January 19 that it had encountered noncommercial quantities of hydrocarbons across multiple intervals in th ...

Core Viewpoint - The Moroccan National Office of Hydrocarbons and Mines (ONHYM) has signed a cooperation agreement with Murphy Oil Corporation's subsidiary, Murphy Morocco Oil Co., to explore oil and gas resources offshore in Morocco's Atlantic region [1] Group 1: Agreement Details - The cooperation agreement focuses on the Gharb Deep Offshore area, which includes ten exploration licenses covering a total area of 16,900 square kilometers [1] - Murphy Morocco Oil Co. is a wholly-owned subsidiary of Murphy Oil Corporation, recognized as a leading independent company in the U.S. oil and gas industry [1] Group 2: Company Background - Murphy Oil Corporation operates globally and has extensive experience in oil and gas exploration and production [1]

Core Viewpoint - Murphy Oil Inc. is currently experiencing a slight decrease in stock price, but has shown modest growth over the past month and year, raising questions about its valuation despite underperformance in the current session [1]. Group 1: Stock Performance - The current stock price of Murphy Oil Inc. is $31.37, reflecting a 0.70% decrease in the current market session [1]. - Over the past month, the stock has increased by 0.67%, and over the past year, it has risen by 5.48% [1]. Group 2: P/E Ratio Analysis - The P/E ratio of Murphy Oil is 31.59, which is higher than the industry average P/E ratio of 21.17 for the Oil, Gas & Consumable Fuels sector [4]. - A higher P/E ratio may suggest that investors expect better future performance from Murphy Oil compared to its industry peers, but it also raises concerns about potential overvaluation [3][4]. Group 3: Limitations of P/E Ratio - The P/E ratio is a useful metric for assessing market performance but has limitations; a lower P/E may indicate undervaluation or lack of expected growth [6]. - It is important to consider the P/E ratio alongside other financial metrics and qualitative factors to make informed investment decisions [6].

Core Viewpoint - The market anticipates a year-over-year decline in Murphy Oil's earnings due to lower revenues, with a focus on how actual results compare to estimates [1] Earnings Expectations - Murphy Oil is expected to report a quarterly loss of $0.07 per share, reflecting a year-over-year change of -120% [3] - Revenues are projected to be $628.51 million, down 6.3% from the same quarter last year [3] Estimate Revisions - The consensus EPS estimate has been revised 15.97% lower in the last 30 days, indicating a reassessment by analysts [4] - The Most Accurate Estimate for Murphy Oil is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -110.45% [12] Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive or negative reading indicates the likely deviation of actual earnings from the consensus estimate, with predictive power being significant for positive readings only [9][10] - Murphy Oil currently holds a Zacks Rank of 5, making it challenging to predict an earnings beat [12] Historical Performance - In the last reported quarter, Murphy Oil exceeded earnings expectations by delivering earnings of $0.41 per share against an expected $0.16, resulting in a surprise of +156.25% [13] - Over the past four quarters, the company has beaten consensus EPS estimates three times [14] Conclusion - While Murphy Oil does not appear to be a strong candidate for an earnings beat, investors should consider other factors when making decisions regarding the stock ahead of its earnings release [17]

Core Viewpoint - Murphy Oil Corporation announced results from the Civette exploration well in Block CI-502 offshore Côte d'Ivoire, confirming the presence of hydrocarbons in a frontier play despite not meeting commercial thresholds [1] Group 1: Exploration Results - The Civette-1X well reached a total depth of 13,950 feet (4,252 meters) [1] - The well encountered non-commercial hydrocarbons across multiple intervals [1] - The confirmation of hydrocarbons is considered a meaningful success in early-stage exploration [1]

Core Viewpoint - Murphy Oil Corporation has experienced a significant increase in share price due to a major oil discovery offshore Vietnam, highlighting its potential for growth in the energy sector [1][3]. Group 1: Company Developments - Murphy Oil Corporation successfully drilled the Hai Su Vang-2X appraisal well offshore Vietnam, confirming a major oil discovery in the Cuu Long Basin [3]. - The well encountered 332 feet of net oil pay in the deeper primary reservoir and 97 feet in the shallow reservoir, with the primary reservoir achieving a production rate of 6,000 barrels of oil per day during flow testing [3]. - The company plans to continue its appraisal campaign with two additional wells to refine the range of recoverable resources for both reservoirs [3]. Group 2: Market Reactions - Following the successful appraisal, Roth Capital analyst Leo Mariani reiterated a 'Neutral' rating on Murphy Oil, assigning a price target of $25 [4]. - Barclays raised its price target on Murphy Oil from $26 to $29 while maintaining an 'Underweight' rating on the shares [4]. Group 3: Executive Commentary - Eric Hambly, President and CEO of Murphy Oil, emphasized the significance of the HSV-2X success for the company's operations in Vietnam and the potential for a robust development program [4].

Core Viewpoint - Murphy Oil Corporation has priced an offering of $500 million of 6.500% senior notes due 2034, expected to close on January 23, 2026, subject to customary closing conditions [1] Group 1: Debt Management - The proceeds from the offering will be used to redeem 5.875% notes due 2027 and 6.375% notes due 2028, along with related premiums, fees, and expenses [2] - Excess proceeds will be allocated to repay outstanding borrowings under its revolving credit facility and for general corporate purposes [2] - Murphy Oil has previously issued $600 million of 6.000% senior notes due 2032 to redeem existing notes, which has helped extend the debt period and lower interest burdens [3] Group 2: Financial Performance - In Q3 2025, Murphy reduced its debt by $50 million and aims to bring long-term debt down to $1 billion, which will further decrease annual interest payments [4] - The times interest earned ratio at the end of Q3 2025 was 3, indicating the company's strong ability to meet interest obligations [4] - Murphy's current debt-to-capital ratio is 21.35%, significantly lower than the industry average of 48.86% [5] Group 3: Industry Context - The oil-energy sector is capital-intensive, often requiring companies to borrow funds to finance long-term capital projects [6] - A decline in interest rates to the range of 3.50% to 3.75% is expected to benefit capital-intensive stocks [6] - Oil and gas companies continue to issue new debts to fund capital projects and redeem debts when excess funds are available [7] Group 4: Stock Performance - Murphy Oil's share price has increased by 24.3% over the past three months, contrasting with a 0.8% decline in the industry [8] - The company has seen a share price rise of 24.6% since the pricing of the senior notes [9]