Murphy Oil to Post Q3 Earnings: What's in Store this Season?

Core Viewpoint - Murphy Oil Corporation (MUR) is anticipated to experience a year-over-year decline in both revenue and earnings when it reports its third-quarter 2025 results on November 5, despite a previous earnings surprise of 28.57% in the last quarter [1][2]. Group 1: Earnings Expectations - Murphy Oil's third-quarter production volume is expected to be between 185,000 to 193,000 barrels of oil equivalents per day (Mboe/d), with a Zacks Consensus Estimate of 195.07 Mboe/d, reflecting a year-over-year growth of 5.7% [5][10]. - The expected revenue for the third quarter is $664.74 million, indicating a decline of 12.35% compared to the previous year [5][10]. - The consensus estimate for earnings per share is 16 cents, representing a significant decline of 78.38% from the year-ago figure [6]. Group 2: Influencing Factors - Increased production from both domestic and international assets, along with new wells coming online, is likely to support Murphy Oil's quarterly earnings [2]. - The company's financial performance and free cash flow have improved due to higher production from its low-breakeven North American portfolio, which has facilitated stock repurchases and enhanced shareholder returns [3]. - Free cash flow is also aiding ongoing debt-reduction initiatives, which are expected to lower capital servicing expenses and improve margins [4]. Group 3: Earnings Prediction Model - The Zacks model does not predict a likely earnings beat for Murphy Oil this quarter, as the company has an Earnings ESP of -4.54% and a Zacks Rank of 4 (Sell) [7][8].