Murphy Oil FY26 Q2 net income swings to profit of $232.2 million; revenue rises 35.6% to $928.31 million vs FY25 Q2
MUR•Operational highlights
Murphy Oil announced the Bubale-1X oil discovery offshore Côte d'Ivoire; the Lac Da Vang project remains on track for first oil in 4Q 2026.
Cash flow, production and spending update
Net cash from continuing operations climbs to $655.9 million from $358.1 million; free cash flow (non-GAAP) increases to $110 million.
Total net production excluding noncontrolling interest edges down to 168,995 BOEPD from 189,677 BOEPD; CAPEX attributable to Murphy rises to $476 million.
Murphy Oil posts higher second-quarter profit and revenue
Murphy Oil posts 2Q 2026 net income attributable to Murphy of $232.2 million, swinging from profit of $22.3 million a year earlier.
Diluted EPS rises to $1.59 from $0.16; adjusted net income from continuing operations (non-GAAP) totals $225.8 million.
