Murphy Oil (MUR) Q4 Earnings and Revenues Miss Estimates

Core Viewpoint - Murphy Oil reported quarterly earnings of $0.35 per share, missing the Zacks Consensus Estimate of $0.56 per share, and down from $0.90 per share a year ago, indicating a significant earnings surprise of -37.50% [1][2] Financial Performance - The company posted revenues of $670.96 million for the quarter ended December 2024, which was 7.65% below the Zacks Consensus Estimate and down from $844.2 million year-over-year [2] - Over the last four quarters, Murphy Oil has surpassed consensus EPS estimates two times and topped consensus revenue estimates two times [2] Stock Performance - Murphy Oil shares have declined approximately 3.6% since the beginning of the year, contrasting with the S&P 500's gain of 2.7% [3] - The current Zacks Rank for Murphy Oil is 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.85 on revenues of $743.68 million, and for the current fiscal year, it is $3.53 on revenues of $3.07 billion [7] - The trend of estimate revisions for Murphy Oil is mixed, which could change following the recent earnings report [6] Industry Context - The Oil and Gas - Exploration and Production - United States industry is currently in the top 23% of Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - EOG Resources, another company in the same industry, is expected to report quarterly earnings of $2.56 per share, reflecting a year-over-year decline of -16.6% [9]