MUR - Murphy Oil Non-GAAP EPS of $1.93 beats by $0.39 revenue of $1.1B beats by $219.13M
- Murphy Oil press release ( NYSE: MUR ): Q2 Non-GAAP EPS of $1.93 beats by $0.39 .
- Revenue of $1.1B (+100.1% Y/Y) beats by $219.13M .
- Murphy is reaffirming its 2022 accrued capital expenditures ( CAPEX ) guidance range of $900 million to $950 million, excluding acquisitions.
- Second quarter CAPEX of $266 million was $39 million lower than guidance as a result of timing. Including the non-operated Kodiak working interest acquisition of approximately $47 million, second quarter CAPEX was $312 million.
- Murphy is increasing its full year 2022 production guidance to 168 to 176 MBOEPD.
- Third quarter 2022 production is estimated to be in the range of 180 to 188 MBOEPD with 49 percent oil volumes.
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Murphy Oil Non-GAAP EPS of $1.93 beats by $0.39, revenue of $1.1B beats by $219.13M