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Stock impact report

Murphy Oil raises full-year production outlook [Reuters]

Murphy Oil Corporation (MUR) 
Last murphy oil corporation earnings: 1/30 06:00 am Check Earnings Report
US:NYSE Investor Relations: ir.murphyoilcorp.com
Company Research Source: Reuters
Murphy Oil raises full-year production outlook | Reuters 1 Min Read (Reuters) - Murphy Oil Corp on Monday raised its fourth-quarter and full-year production forecast, following the closing of a deal to form a Gulf of Mexico joint venture with Brazil’s state-run Petroleo Brasileiro SA. The company now expects to produce about 176,000 barrels of oil equivalent per day (boe/d) in the fourth quarter, up from the previously expected range of 167,000 to 169,000 boe/d. Murphy also raised its full-year capital expenditure outlook by about 4 percent to $1.23 billion and said it expects to use some of the cash flow from the new assets to accelerate activity in the oil-rich Eagle Ford region. Reporting by Debroop Roy in Bengaluru; Editing by Shounak Dasgupta All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. © 2018 Reuters. All Rights Reserved. Murphy Oil raises full-year production outlook (Reuters) - Murphy Oil Corp on Monday raised its f Show less Read more
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