🔴 Murphy Oil is trading 5.66% down today after FY2026 capital guidance rose to $1.50–$1.60 billion

Murphy Oil is trading 5.66% down at $33.96 after its August 5 earnings release raised FY2026 capital guidance to $1.50–$1.60 billion from a $1.25 billion midpoint, while adjusted EPS was $1.55.

• Production reached 168,995 BOEPD, near the top of guidance.
• Investors appear focused on heavier reinvestment and weaker-than-expected earnings; broad energy-sector selling amid lower crude prices is adding pressure.