Recap: Murphy Oil Q1 Earnings

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Murphy Oil MUR reported its Q1 earnings results on Wednesday, May 3, 2023 at 06:00 AM.

Here's what investors need to know about the announcement.

Earnings

Murphy Oil beat estimated earnings by 26.53%, reporting an EPS of $1.24 versus an estimate of $0.98.

Revenue was up $288.75 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.07 which was followed by a 1.98% drop in the share price the next day.

Here's a look at Murphy Oil's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 1.17 1.55 1.56 0.58
EPS Actual 1.10 1.84 1.93 0.73
Revenue Estimate 862.40M 960.12M 884.04M 635.30M
Revenue Actual 975.22M 1.30B 1.10B 552.96M

To track all earnings releases for Murphy Oil visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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