|
|
|
|
||
Murphy Oil recovers from Q3'18 loss, beats estimates from SNL Energy Finance Daily Murphy Oil recovers from Q3'18 loss, beats estimatesByline: S&P Global Market Intelligence Murphy Oil Corp. on Oct. 31 reported $57.2 million, or 36 cents per share, in adjusted income from continuing operations attributable to the company for the third quarter, compared to a loss of $3.5 million, or 2 cents per share, a year earlier. The S&P Global Market Intelligence consensus normalized earnings estimate for the third quarter was 20 cents per share. On a GAAP basis, net income attributable to Murphy totaled $1.09 billion, compared to $93.9 million in the third quarter a year ago. Murphy recorded total revenues of $817.1 million in the third quarter, compared to $490.5 million in the prior-year period. Murphy reported total net hydrocarbons from continuing operations, excluding noncontrolling interest in MP Gulf of Mexico LLC, of 191,668 barrels per day in the third quarter, compared to 122,616 bbl/d a year earlier. |
return to message board, top of board |