Murphy Oil Q3 net income $171.1 million, EPS $1.17; raises 2026 production guidance
Murphy Oil reported third quarter 2026 results on November 4, 2026, with net income attributable to Murphy of $171.1 million, or $1.17 per diluted share, compared with a loss of $3.0 million a year earlier. The company raised its full-year 2026 production guidance to 176,000 to 178,000 BOEPD, a 6,000 BOEPD increase at the midpoint, and said it paid $50 million in dividends during the quarter. The company also announced production sharing contracts for the C-10 and Tiof blocks offshore Mauritania.
Key points
- Net income attributable to Murphy was $171.1 million, or $1.17 per diluted share, versus a loss of $3.0 million, or $0.02 per share, in the third quarter of 2025.
- Revenue from production was $849.2 million, up from $720.97 million a year earlier.
- Production of 186,495 BOEPD exceeded quarterly guidance of 171,000 to 179,000 BOEPD.
- Full-year 2026 production guidance was raised to 176,000 to 178,000 BOEPD; $550 million remains under the share repurchase authorization, and no shares were repurchased in the quarter.
The filing
Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.
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