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Jun 30
Murphy Oil Q2 2025 Earnings Report
Murphy Oil Corporation announced its financial and operating results for the second quarter ended June 30, 2025, reporting a net income of $22.3 million and diluted EPS of $0.16, with production increasing sequentially to 190 MBOEPD.
Key Takeaways
Murphy Oil Corporation delivered solid operational results in the second quarter of 2025, with production outperforming guidance due to strong new well productivity and continued workover progress. The company reported a net income of $22.3 million and returned $46 million to shareholders through dividends.
Production increased sequentially to 189,677 BOEPD, outperforming the high-end of guidance.
Net income attributable to Murphy was $22.3 million, with diluted EPS of $0.16.
The company returned $46 million to shareholders through quarterly dividends in Q2 2025, contributing to $193 million returned in the first half of 2025.
Murphy reaffirmed its full-year capital expenditure guidance and expects full-year total company production to trend at the midpoint of its guidance range.
Murphy Oil
Murphy Oil
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CapyFin.com Forward Guidance
Murphy Oil Corporation reaffirmed its full-year capital expenditure guidance and expects full-year total company production to trend at the midpoint of the range. The company anticipates significant exploration and appraisal catalysts in the second half of the year.
Positive Outlook
- Reaffirmed full-year CAPEX guidance at the midpoint of the range ($1,135 million to $1,285 million).
- Full-year total company production now trending at the midpoint of the range (174,500 to 182,500 BOEPD).
- Anticipates significant exploration and appraisal catalysts in the second half of the year.
- Lac Da Vang (Golden Camel) field development remains on schedule for first oil in the second half of 2026.
- Signed a rig contract for a Côte d’Ivoire three-well exploration program.
Challenges Ahead
- No specific negative forward guidance points were highlighted in the provided text.
- The company's total net production guidance for Q3 2025 (185,000 to 193,000 BOEPD) is slightly lower than the Q2 2025 actual production.
- Exploration expense for Q3 2025 is guided at $40 million, indicating continued investment in exploration.
- The full-year capital expenditures are substantial, ranging from $1.135 billion to $1.285 billion.
- No specific negative impacts on future operations or financial performance were mentioned in the forward-looking statements summary.