Murphy Oil (MUR) Q1 Earnings Beat Estimates

Murphy Oil (MUR) came out with quarterly earnings of $0.56 per share, beating the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.85 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 16.67%. A quarter ago, it was expected that this oil and gas producer would post earnings of $0.56 per share when it actually produced earnings of $0.35, delivering a surprise of -37.50%.Over the last four quarters, the ...