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MUR - Murphy Oil: First Quarter 2021 Detailed Analysis
Murphy Oil Corporation
The adjusted net income was $10 million or $0.06 per share, which was below analysts' expectations. Also, total revenues were 379.99 million lower than expected.
The company produced 155.2 Boe/d in the first quarter, with oil representing 56.9% of the total output.
I recommend selling about 30% of your position at or above $20.