Murphy Oil (MUR) Beats Q2 Earnings Estimates

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 ...