Murphy Oil to Release Q1 Earnings: Here's What You Need to Know

Core Viewpoint - Murphy Oil Corporation (MUR) is expected to report its first-quarter 2025 results on May 7, following a previous negative earnings surprise of 37.5% in the last quarter [1] Group 1: Factors Impacting Q1 Results - The quarterly earnings are anticipated to benefit from production increases in both domestic and international assets, particularly from new wells in the Gulf of Mexico and Eagle Ford Shale [2] - A diversified, low breakeven North American portfolio has contributed to Murphy Oil's financial performance and free cash flow, allowing for increased shareholder returns through stock repurchases [3] - Ongoing debt-reduction initiatives are expected to lower capital servicing expenses, thereby enhancing margins in the upcoming quarter [4] Group 2: Q1 Expectations - The Zacks Consensus Estimate for earnings is set at 48 cents per share, reflecting a year-over-year decrease of 43.5%, while revenues are estimated at $667.76 million, indicating a 16.2% decline year over year [5] - Quarterly production, excluding NCI, is anticipated to be between 159-167 thousand barrels of oil equivalent per day (MBOEPD), with 51% expected to be oil; the Zacks Consensus Estimate stands at 164.83 MBOEPD [5] Group 3: Earnings Prediction - The company's Earnings ESP is +4.90%, suggesting a potential earnings beat, supported by a Zacks Rank of 3 (Hold) [6][7]