From happy on rkh board, but it may inc bor imho4 Dec 2024 09:52
HappyInvestor100
Posts: 3,831
Price: 19.85
Strong Buy
Murphy Oil transcript Q3Today 09:41
I dig some digging and downloaded Murphy Oil's analysts Q&As from their Q3 results announced 7 November 2024:
https://ir.murphyoilcorp.com/financial-information/quarterly-results
Find the Q&As from Carlos Escalante, Wolfe Research but here's a snippet:
"We're very much interested in growing our exploration portfolio. It's common when we make an acquisition that those assets come with production something to be developed and a portfolio of exploration blocks, which we've been exploiting and happy to do that. I don't imagine we're very likely to spend a lot of money to enter into a block that someone just made a discovery on to beef up our portfolio like some people have been doing in Namibia. We chase low-cost entry, underexplored basins, have the potential to deliver large prospects with relatively low well cost."
Doesn't it sound like we would be a near-perfect fit?
All IMHO DYOR
Happy
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