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Murphy Oil Corporation Issues Q3 2012 Production Guidance; Issues Q3 2012 EPS Guidance Below Analysts' Estimates; Reaffirms FY 2012 Production Guidance


Wednesday, 1 Aug 2012 05:01pm EDT 

Murphy Oil Corporation announced that for third quarter of 2012, it expects total worldwide production volumes of about 183,000 barrels of oil equivalent per day. The Company also expects net income to range between $0.90-$1.15 per diluted share. For fiscal 2012, it expects production volumes of 193,000 barrels of oil equivalent per day. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $1.16 for third quarter of 2012. 

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