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Murphy Oil (MUR) Beats Revenue but Misses EPS, Shares Slide 4.6%

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Murphy Oil beat Q2 revenue estimates with 33.2% YoY growth but missed EPS forecasts by 2.2%.
  • Despite strong free cash flow margins, shares fell 4.6% as oil production declined 3.5% year-on-year, disappointing investors.
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