Recap: Murphy Oil Q1 Earnings

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.

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.

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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