Murphy Oil Corporation announces fourth quarter and full year 2020 results, provides 2021 capital expenditure and production guidance
Sanctioned Low Cost Tupper Montney Natural Gas Development
Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the fourth quarter ended December 31, 2020, including a net loss attributable to Murphy of $172 million, or $1.11 net loss per diluted share. Adjusted net loss, which excludes discontinued operations and other one-off items, was $14 million, or $0.09 net loss per diluted share.
Unless otherwise noted, the financial and operating highlights and metrics discussed in this commentary exclude noncontrolling interest.
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Sanctioned low cost, capital efficient Tupper Montney development