Murphy Oil profits down top forecast

HOUSTON — Murphy Oil Corp. on Thursday reported third-quarter earnings of $255.3 million, down from $528.4 million a year ago. On a per-share basis, the Houston-based company said it had net income of $1.63, compared with $3.36 a year ago. Earnings, adjusted for non-recurring gains, were $1.59 per share. The…Read More

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