Murphy Oil (MUR) reported Q4 adjusted earnings Thursday of $0.35 per diluted share, down from $0.90 a year earlier.
Analysts polled by FactSet expected $0.58.
Revenue for the quarter ended Dec. 31 was $671 million, compared with $844.2 million a year earlier.
Analysts surveyed by FactSet expected $742.9 million.
Shares fell over 1% in recent premarket activity.