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Murphy Oil Misses the Mark in Q3 (MUR)

By Dividend.com Staff
November 5th, 2009

murphy-oil-misses-the-mark-in-q3-mur

Shares of Murphy Oil (MUR) are looking lower after the company said its net income fell nearly 68% to $188.9 million, or 97 cents a share, from $584.4 million or $3.04 a share a year ago.

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Disclaimer: Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. The author is not registered as an investment adviser. The author may or may not hold positions in the securities mentioned in this article or video. The author relies upon the "publisher's exclusion" from the definition of "investment adviser" as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.