Murphy Oil Corp. (MUR) posted third quarter net income of $188.9 million or $0.98 per share, compared to $584.4 million or $3.04 per share in the third quarter last year.
The company's income decreased in 2009 compared to 2008 due to significantly lower sales prices for oil and natural gas produced in the exploration and production operations and lower earnings from the refining and marketing operations.
Revenues for the period were $5.18 billion, compared to $8.16 billion in the previous year period.
Looking forward, for the fourth quarter, the company said it currently expects earnings in the range of $0.75 to $0.90 per share.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.