Murphy Oil (NYSE:MUR) reported its Q1 earnings results on Wednesday, May 4, 2022 at 06:00 AM.
Here's what investors need to know about the announcement.
Earnings
Murphy Oil beat estimated earnings by 25.86%, reporting an EPS of $0.73 versus an estimate of $0.58.
Revenue was up $172.98 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.08 which was followed by a 0.38% increase in the share price the next day.
Here's a look at Murphy Oil's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.48 | 0.17 | 0.24 | -0.17 |
| EPS Actual | 0.40 | 0.24 | 0.59 | 0.06 |
| Revenue Estimate | 621.00M | 577.44M | 576.91M | 490.48M |
| Revenue Actual | 738.95M | 630.70M | 549.64M | 379.99M |
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.
