Murphy Oil's Maintains Its 2024 Outlook: Sees Capex Of $920M-$1.02B; And Production Of 180-188 MBOEPD, Consisting Of ~95 MBOPD Oil And 105 MBOEPD Liquids Volumes
Murphy maintains its 2024 accrued CAPEX range of $920 million to $1.02 billion. The company also maintains its full year 2024 production range of 180 to 188 MBOEPD, consisting of approximately 95 MBOPD oil and 105 MBOEPD liquids volumes, equating to 52 percent oil and 57 percent liquids volumes, respectively.