These Analysts Lower Their Forecasts On Murphy Oil After Downbeat Earnings
1. Murphy Oil's Q4 revenue missed estimates by $70 million. 2. Adjusted EPS of 35 cents fell short of 57 cents expectation. 3. Analysts lowered price targets post-earnings, reflecting less confidence. 4. Company is focused on capital allocation, expects $1.13-$1.28 billion CapEx. 5. Shares dropped 3.5% after earnings announcement.