Oil Investing News » Murphy Oil profit slipped sharply on weaker energy prices

Murphy Oil profit slipped sharply on weaker energy prices

May 7, 2009 @ 6:28 am In Oil Company News

Murphy Oil Corp.'s first-quarter profit has slipped 58% from a year ago, clobbered by a steep drop in crude oil and natural gas prices and higher drilling costs.

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[1] here: http://www.marketwatch.com/news/story/murphy-oil-profit-falls-58/story.aspx?guid={5B361F7A-0760-43C8-A4A2-E4A2A89C5A46}&dist=msr_1