Murphy Oil (NYSE: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.
