Murphy Oil Profit Drops In Q1

(RTTNews) - Murphy Oil (MUR) revealed earnings for first quarter that Drops, from the same period last year

The company's bottom line came in at $53.5 million, or $0.37 per share. This compares with $73.6 million, or $0.50 per share, last year.

Excluding items, Murphy Oil reported adjusted earnings of $46.5 million or $0.32 per share for the period.

The company's revenue for the period rose 10.2% to $733.55 million from $665.71 million last year.

Murphy Oil earnings at a glance (GAAP) :

-Earnings: $53.5 Mln. vs. $73.6 Mln. last year. -EPS: $0.37 vs. $0.50 last year. -Revenue: $733.55 Mln vs. $665.71 Mln last year.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This data feed is not available at this time.