Murphy Oil Sees Sharp Profit IncreaseMurphy Oil Corp has reported $225.8 million in net income adjusted for nonrecurring items for the second quarter (Q2), nearly six times that of the same three-month period last year as soaring oil prices offset lower production and weaker gas prices. Net profit totaled $232.18 million for the April-June 2026 quarter, up from $22.28 million for Q2 2025. Murphy Oil expects to average 167,000-175,000 barrels of oil equivalent a day in production in 2026. Operating activities generated $655.9 million in net cash for Q2 2026, up from $358.1 million for Q2 2025. Murphy Oil ended Q2 2026 with $2.48 billion in liquidity including $480 million in cash and cash equivalents.