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Murphy Oil (MUR) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKSยท 2025-08-07 00:31
Core Insights - Murphy Oil reported a revenue of $695.57 million for the quarter ended June 2025, reflecting a decrease of 13.4% year-over-year, while EPS was $0.27 compared to $0.81 in the same quarter last year [1] - The revenue exceeded the Zacks Consensus Estimate of $638.47 million by 8.94%, and the EPS also surpassed the consensus estimate of $0.21 by 28.57% [1] Financial Performance - The company experienced a decline in revenue from exploration and production in the United States, reporting $553.5 million, which is an 18.5% decrease year-over-year, while revenue from Canada increased by 7.8% to $128.3 million [4] - Total revenue from sales to customers was $683.07 million, down 14.7% year-over-year, and revenue from production specifically was also down 14.4% [4] Production Metrics - Murphy Oil's total net crude oil and condensate production was 95.6 thousand barrels per day, exceeding the analyst estimate of 91.47 thousand barrels per day [4] - The company reported net natural gas liquids production of 10.77 thousand barrels per day, surpassing the average estimate of 9.71 thousand barrels per day [4] - Total net hydrocarbons production was 196.32 KBOE/D, which is higher than the estimated 184.57 KBOE/D [4] Stock Performance - Over the past month, Murphy Oil's shares have returned -7.9%, contrasting with the Zacks S&P 500 composite's +0.5% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]