Murphy Oil(US:MUR) ZACKS·2025-11-06 17:16Core Insights - Murphy Oil Corporation (MUR) reported third-quarter 2025 adjusted net earnings of 41 cents per share, exceeding the Zacks Consensus Estimate of 16 cents by 156.3%, but down 60.9% from 74 cents in the same quarter last year [1] - The company’s revenues were $732.9 million, surpassing the Zacks Consensus Estimate of $665 million by 10.3%, although this represents a 3.3% decline year over year [2] - Murphy Oil produced 200,383 barrels of oil equivalent per day (BOE/D) in Q3 2025, exceeding the guidance range of 185,000-193,000 BOE/D due to strong new well productivity and no storm downtime [3] Financial Performance - Total costs and expenses for Murphy Oil were $727.2 million, reflecting a 25.5% increase from $579.3 million in the year-ago quarter [3] - Interest expenses rose to $24.7 million from $21.3 million in the previous year [4] - The company returned $242.4 million to shareholders in the first nine months of 2025, which includes $102.6 million in share repurchases and $139.8 million in dividends [4] Financial Condition - As of September 30, 2025, Murphy Oil had cash and cash equivalents of $425.9 million, slightly up from $423.6 million at the end of 2024, with total liquidity of $1.6 billion [5] - Long-term debt increased to $1.425 billion from $1.27 billion at the end of 2024 [5] - Net cash provided by continuing operational activities in the first nine months of 2025 was $0.99 billion, down from $1.29 billion in the same period last year [5] Future Guidance - For Q4 2025, Murphy Oil expects production, excluding non-controlling interest, to be in the range of 176,000-182,500 BOE/D and exploration expenses to be $80 million [6] - The company reiterated its 2025 capital expenditures guidance of $1.13-$1.28 billion and expects total production for the year to be between 174,500-182,500 BOE/D [6]