Murphy Oil Corporation (MUR) is slated to report first-quarter 2024 financial results on May 2, before market open. The company delivered a negative earnings surprise of 12.62% in the last reported quarter. Let’s discuss the factors likely to have impacted MUR’s quarterly performance. Factors to Consider Murphy Oil’s first-quarter earnings are expected to have benefited from the ramp-up of production from its non- operated Terra Nova field offshore Canada. The fixed price natural gas contracts at Tupper Mon ...