Murphy Oil Misses Q1 Adjusted EBITDA by 5%, Projects Slight Q2 Production Decline
MUR sits 90% above its 52-week low of $20.2.
Summary
Murphy Oil reported Q1 adjusted EBITDA of $382.90 million, missing analyst estimates of $402.45 million by approximately 5%. The company also expects a slight dip in Q2 production due to onshore well timing. While Q1 production exceeded company guidance and full-year production and CAPEX guidance remain unchanged, the miss on a key profitability metric like adjusted EBITDA and the near-term production outlook are material concerns for investors. This report provides the first look at 2026 performance following the 2025 financial baseline established in the February 10-K. Traders will be watching for any further updates to guidance and Q2 production results.
At the time of this announcement, MUR was trading at $38.30 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $5.6B. The 52-week trading range was $20.20 to $43.34. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Reuters.