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Murphy Oil Reports Increased Production and Debt Reduction

Murphy Oil Reports Increased Production and Debt Reduction

Murphy Oil ( (MUR) ) has released its Q3 earnings. Here is a breakdown of the information Murphy Oil presented to its investors.

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Murphy Oil Corporation is an independent oil and natural gas company with a diverse portfolio of onshore and offshore assets, focusing on exploration and development across multiple continents. In its third-quarter earnings report for 2025, Murphy Oil Corporation reported a sequential increase in production, reaching 200,000 barrels of oil equivalent per day (BOEPD), and reduced its debt by $50 million while distributing $46 million in dividends to shareholders. The company also made significant progress on its Lac Da Vang project in Vietnam, completing the platform jacket installation ahead of schedule. Despite reporting a net loss of $3 million for the quarter, Murphy Oil achieved an adjusted net income of $58.1 million, demonstrating strong operational performance. The company maintained its full-year production and capital expenditure guidance, highlighting its financial discipline and strategic focus. Looking forward, Murphy Oil remains committed to executing its offshore exploration and appraisal programs, aiming to enhance shareholder value through disciplined capital allocation and operational efficiency.

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