Quarterly Stockholder Update by Murphy Oil Corporation
Murphy Oil reported first quarter production of 174,200 BOEPD, exceeding the high end of guidance, supported by strong realized oil prices of $72.28 per barrel. Adjusted EBITDA was $382.9 million with operating cash flow of $429.2 million, while Q1 CAPEX came in at $465 million, below the guidance midpoint.
Key figures
- Guidance
- Q2 production expected to dip slightly due to well timing; full-year CAPEX expected to be within previously communicated range; full-year production guidance on track
- Capex
- 465000000
- Net debt
- 1170000000
- Net income
- 53000000
- Total debt
- 1550000000
- Dividends paid
- 50000000
- Adjusted ebitda
- 382900000
- Production boepd
- 174200
- Realized gas price
- 2.87
- Realized oil price
- 72.28
- Operating cash flow
- 429200000
- Operating cost per boe
- 8.7
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