Murphy Oil(US:MUR) ZACKS·2026-02-02 14:35Core Insights - Murphy Oil Corporation (MUR) reported adjusted net earnings of 14 cents per share for Q4 2025, exceeding the Zacks Consensus Estimate of a loss of 7 cents by 300%, although this represents a 60% decrease from 35 cents in the same quarter last year [1] - The company's total revenues for Q4 2025 were $624.6 million, slightly above the Zacks Consensus Estimate of $622 million, but down 6.9% year over year [3] - For the full year 2025, adjusted earnings per share were $1.37, a decline of 50.4% from $2.76 in 2024 [2] Financial Performance - Murphy Oil's total revenues for 2025 were $2.72 billion, down 9.9% from $3.02 billion in 2024 [3] - The company produced 181,400 barrels of oil equivalent per day (BOE/D) in Q4 2025, within the guided range of 176,000-182,500 BOE/D [4] - Total costs and expenses for Q4 2025 were $565.2 million, a decrease of 3.5% from $585.8 million in the previous year [4] Operational Highlights - Murphy Oil achieved a reserve replacement ratio of 103% in 2025, with total proved reserves at 715 million barrels of oil equivalent (MMBOE) at year-end [6][8] - The company returned $288.8 million to shareholders in 2025, including $102.6 million in share repurchases and $186.2 million in dividends [5] Financial Condition - As of December 31, 2025, Murphy Oil had cash and cash equivalents of $377.2 million, down from $423.6 million a year earlier [7] - The company reported long-term debt of $1.38 billion as of December 31, 2025, compared to $1.27 billion at the end of 2024 [7] - Net cash provided by continuing operational activities in 2025 was $1.25 billion, down from $1.73 billion in 2024 [7] Future Guidance - For Q1 2026, Murphy Oil expects production (excluding non-controlling interest) to be in the range of 164,000-172,000 BOE/D [10] - The company plans to invest between $1.2 billion and $1.3 billion in 2026, with expected production for the year in the range of 167,000-175,000 BOE/D, of which 50% is anticipated to be oil [10] Dividend Information - The board of directors approved an increase in the quarterly dividend rate to 35 cents from 32.5 cents per share, resulting in an annualized dividend of $1.40 per share [9]