oil and gas producer posted revenue of $1.3 billion in the period, also beating Street forecasts. Six analysts surveyed by Zacks expected $930.5 million
Murphy Oil Corp. (MUR) on Thursday reported third-quarter profit of $528.4 million.
The Houston-based company said it had profit of $3.36 per share. Earnings, adjusted for non-recurring gains, came to $1.84 per share
HOUSTON (AP) _ Murphy Oil Corp. (MUR) on Thursday reported third-quarter profit of $528.4 million.
The Houston-based company said it had profit of $3.36 per share. Earnings, adjusted for non-recurring gains, came to $1.84 per share.
The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.56 per share.
The oil and gas producer posted revenue of $1.3 billion in the period, also beating Street forecasts. Six analysts surveyed by Zacks expected $930.5 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a MUR">Zacks stock report on MUR at https://www.zacks.com/ap/MUR
