El Dorado Newswire
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Murphy Oil Corp. swung to a loss in the first quarter as lower crude and natural gas prices continued to drag on results and the energy firm recorded one-time charges associated with its Australian and Gulf of Mexico operations. The El Dorado, Ark., company, which last year spun off its U.S. retail marketing business, has been selling overseas assets to focus operations on its U.S. business. Comment?
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