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Murphy Oil Q1 adjusted earnings Beat Estimates

Below are the earnings highlights for Murphy Oil (MUR):

-Earnings: -$416.10 million in Q1 vs. $40.18 million in the same period last year.
-EPS: -$2.71 in Q1 vs. $0.23 in the same period last year.
-Excluding items, Murphy Oil reported adjusted earnings of -$45.7 million or -$0.30 per share for the period.
-Analysts projected -$0.46 per share
-Revenue: $1.00 billion in Q1 vs. $0.63 billion in the same period last year.

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