Murphy Oil Q2 net income $232.2M, EPS $1.59; oil discovery in Côte d'Ivoire

MURPHY OIL CORP

Net income attributable to Murphy $232.2M ($1.59 diluted EPS); adjusted EPS $1.55.
Total production 168,995 BOEPD (85,265 BOPD oil); produced at upper end of guidance.
Capital expenditures $476M; free cash flow $110M; operating cash flow $655.9M.
Announced oil discovery at Bubale-1X in Côte d'Ivoire; advanced Lac Da Vang project toward first oil.
Lease operating expense $8.83/BOE; adjusted EBITDAX $632M.

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