Murphy Oil Corp Stock Research

Market Summary

USD36.45+0.35

Market Closed

0.97%

MUR Alerts

1 major insider sales recently.
Big jump in Earnings (Y/Y)

MUR Stock Price

MUR RSI Chart

MUR Valuation

Market Cap

6.0B

Price/Earnings (Trailing)

6.27

Price/Sales (Trailing)

1.43

EV/EBITDA

3.1

Price/Free Cashflow

2.77

MUR Price/Sales (Trailing)

MUR Profitability

EBT Margin

34.37%

Return on Equity

19.32%

Return on Assets

9.36%

Free Cashflow Yield

36.05%

MUR Fundamentals

MUR Revenue

Revenue (TTM)

4.2B

Revenue Y/Y

-3.6%

Revenue Q/Q

-14.82%

MUR Earnings

Earnings (TTM)

1.3B

Earnings Y/Y

269.15%

Earnings Q/Q

-3.89%

Price Action

52 Week Range

25.6451.29

(Low)(High)

Last 7 days

3.9%

Last 30 days

3.3%

Last 90 days

-7.7%

Trailing 12 Months

-9.8%

MUR Financial Health

Current Ratio

0.77

Debt/Equity

0.36

Debt/Cashflow

1.2

MUR Investor Care

Dividend Yield

2.61%

Dividend/Share (TTM)

0.95

Shares Dilution (1Y)

0.65%

Diluted EPS (TTM)

8.07

Peers (Alternatives to Murphy Oil)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
XOM	424.4B	409.7B	-9.08%	11.41%	6.88	1.04	29.26%	139.20%
CVX	330.3B	246.3B	-7.17%	-10.49%	9.31	1.34	51.57%	126.98%
COP	133.7B	78.4B	1.37%	-6.28%	7.16	1.63	37.32%	23.22%
MPC	63.5B	176.6B	-11.20%	10.73%	4.37	0.35	29.47%	51.45%
MRO	16.6B	8.0B	-0.13%	-21.04%	4.6	2.07	29.33%	26.57%
APA	14.4B	11.9B	-5.54%	-26.42%	4.67	1.31	50.58%	232.96%
EQT	13.0B	12.3B	15.08%	-23.33%	2.9	1.06	50.60%	271.88%
MID-CAP
MUR	6.0B	4.2B	3.29%	-9.77%	6.27	1.43	35.99%	1164.88%
PBF	4.7B	46.8B	13.21%	25.75%	1.64	0.1	71.83%	1145.37%
OAS	4.4B	3.9B	-	-	4.99	1.94	103.95%	100.98%
KOS	3.4B	2.0B	2.93%	-17.82%	15.21	1.53	9.15%	2052.25%
CVI	2.9B	10.8B	-8.77%	-18.84%	6.19	0.26	32.59%	189.14%
CPE	2.0B	3.0B	2.53%	-40.76%	1.42	0.65	59.93%	186.57%
SMALL-CAP
CLMT	1.3B	4.6B	-8.51%	23.32%	-7.9	0.28	26.88%	80.48%

Financials for Murphy Oil

* denotes actual numbers (not divided by Millions)
Income Statement (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Revenue	-0.7%	4,189	4,220	3,996	3,518	3,080
S&GA Expenses	-11.6%	116	131	126	124	126
Costs and Expenses	-2.1%	2,296	2,346	2,124	1,981	1,971
EBITDA	1.5%	2,378	2,343	1,768	1,248	-
EBITDA Margin	-3.9%	0.56*	0.59*	0.59*	0.48*	-
Earnings Before Taxes	24.1%	1,800	1,450	1,429	870	316
EBT Margin	-3.9%	0.34*	0.36*	0.29*	0.12*	-
Interest Expenses	-5.6%	142	151	159	169	171
Net Income	31.6%	1,270	965	934	514	100
Net Income Margin	-2.2%	0.23*	0.23*	0.17*	0.04*	-
Free Cahsflow	8.5%	2,180	2,010	1,695	1,523	-

Balance Sheet					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Assets	-1.2%	10,189	10,309	10,229	10,572	10,542
Current Assets	-17.5%	802	972	952	1,067	960
Cash Equivalents	-36.5%	312	492	466	432	481
Inventory	16.6%	64.00	55.00	53.00	64.00	59.00
Net PPE	-0.6%	8,249	8,296	8,238	-	-
Liabilities	-5.4%	4,884	5,160	5,350	6,084	6,337
Current Liabilities	-18.3%	1,028	1,258	1,213	1,618	1,599
Long Term Debt	0.0%	1,823	1,822	2,023	2,268	2,466
Shareholder's Equity	6.2%	5,305	4,995	4,709	4,313	4,033
Retained Earnings	2.5%	6,204	6,055	5,895	5,405	5,082
Additional Paid-In Capital	-4.1%	857	894	888	883	881
Accumulated Depreciation	-4.2%	12,221	12,751	12,661	-	-
Shares Outstanding	0.0%	155	155	155	-	-
Minority Interest	8.4%	167	154	171	175	171

Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Cashflow From Operations	-2.7%	2,122	2,180	2,010	1,695	1,523
Cashflow From Investing	-9.1%	-1,209	-1,109	-1,034	-823	-672
Cashflow From Financing	1.8%	-1,062	-1,081	-994	-855	-600
Dividend Payments	15.3%	148	128	109	89.00	81.00

Risks for MUR

What is the probability of a big loss on MUR?

100%

Probability that Murphy Oil stock will be more than 20% underwater in next one year

74.2%

Probability that Murphy Oil stock will be more than 30% underwater in next one year.

35.8%

Probability that Murphy Oil stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does MUR drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Murphy Oil was unfortunately bought at previous high price.

Drawdowns

Returns for MUR

Cumulative Returns on MUR

-0.5%

10-Year Cumulative Returns

5.8%

7-Year Cumulative Returns

7.7%

5-Year Cumulative Returns

46%

3-Year Cumulative Returns

What are the long-term rolling returns for MUR?

FIve years rolling returns for Murphy Oil.

Annualized Returns

Which funds bought or sold MUR recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-05-23	Front Row Advisors LLC	reduced	-2.85	-4,000	19,000	0.01%
2023-05-23	Toroso Investments, LLC	added	315	1,123,000	1,560,000	0.03%
2023-05-22	AMERIPRISE FINANCIAL INC	added	327	30,633,100	42,068,100	0.01%
2023-05-22	EMC Capital Management	unchanged	-	-18,000	111,000	0.09%
2023-05-18	TITLEIST ASSET MANAGEMENT, LLC	new	-	528,666	528,666	0.11%
2023-05-18	Harvest Portfolios Group Inc.	added	12.25	-55,084	1,522,650	0.07%
2023-05-18	CENTAURUS FINANCIAL, INC.	reduced	-0.16	-149,000	901,000	0.07%
2023-05-18	NEW YORK STATE COMMON RETIREMENT FUND	reduced	-29.32	-2,112,000	3,272,000	-%
2023-05-18	JPMORGAN CHASE & CO	added	36.62	7,894,320	53,101,300	0.01%
2023-05-17	Advisory Services Network, LLC	reduced	-3.38	-221,958	1,089,360	0.03%

Latest Funds Activity

Are funds buying MUR calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own MUR

No. of Funds

Murphy Oil News

Schedule 13G FIlings of Murphy Oil

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 09, 2023	fmr llc	-	0	SC 13G/A
Feb 09, 2023	vanguard group inc	10.39%	16,158,569	SC 13G/A
Jan 23, 2023	blackrock inc.	11.8%	18,281,846	SC 13G/A
Feb 10, 2022	vanguard group inc	9.72%	15,008,710	SC 13G/A
Feb 09, 2022	fmr llc	-	0	SC 13G/A
Feb 08, 2022	dimensional fund advisors lp	5.4%	8,309,276	SC 13G
Jan 27, 2022	blackrock inc.	10.8%	16,714,797	SC 13G/A
Jan 25, 2022	blackrock inc.	10.8%	16,714,797	SC 13G/A
Jul 12, 2021	blackrock inc.	11.2%	17,271,511	SC 13G/A
Feb 10, 2021	hotchkis & wiley capital management llc	3.37%	5,169,104	SC 13G/A

MUR Fair Value

Recent SEC filings of Murphy Oil

View All Filings

Date Filed	Form Type	Document
May 22, 2023	8-K	Current Report
May 18, 2023	144	Notice of Insider Sale Intent
May 18, 2023	4	Insider Trading
May 12, 2023	4	Insider Trading
May 12, 2023	4	Insider Trading
May 12, 2023	4	Insider Trading
May 12, 2023	8-K	Current Report
May 03, 2023	10-Q	Quarterly Report
May 03, 2023	8-K	Current Report
Apr 25, 2023	DEFA14A	DEFA14A

Latest Insider Trading transactions for MUR

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-05-18	MIRELES THOMAS J	sold	-509,472	35.136	-14,500	executive vice president & cfo
2023-05-10	COSSE STEVEN A	acquired	-	-	4,773	-
2023-05-10	Schmale Neal E	back to issuer	-1,059,840	33.99	-31,181	-
2023-05-10	COLLINS T JAY	back to issuer	-686,122	33.99	-20,186	-
2023-05-10	Schmale Neal E	acquired	-	-	65,143	-
2023-05-10	COLLINS T JAY	acquired	-	-	38,137	-
2023-02-14	Utsch Louis W	sold	-474,237	43.5	-10,902	vice president
2023-02-06	Hambly Eric M	acquired	-	-	26,518	executive vice president
2023-02-06	GARDNER JOHN B	acquired	-	-	11,786	vice president
2023-02-06	MIRELES THOMAS J	acquired	-	-	23,572	executive vice president & cfo

About Murphy Oil

Roger W. Jenkins

www.murphyoilcorp.com

700

Murphy Oil Corporation, together with its subsidiaries, operates as an oil and natural gas exploration and production company in the United States, Canada, and internationally. It explores for and produces crude oil, natural gas, and natural gas liquids. The company was formerly known as Murphy Corporation and changed its name to Murphy Oil Corporation in 1964. The company was incorporated in 1950 and is headquartered in Houston, Texas.

MUR Income Statement

2023-03-31

CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Revenues and other income
Total revenue from sales to customers	$ 839,968	$ 871,374
Loss on derivative instruments	0	(320,777)
Gain on sale of assets and other income	1,748	2,364
Total revenues and other income	841,716	552,961
Costs and expenses
Lease operating expenses	199,984	136,825
Severance and ad valorem taxes	11,440	14,635
Transportation, gathering and processing	53,922	46,923
Costs of purchased natural gas	32,269	33,665
Exploration expenses, including undeveloped lease amortization	10,182	47,566
Selling and general expenses	18,308	33,529
Depreciation, depletion and amortization	195,670	164,124
Accretion of asset retirement obligations	11,157	11,876
Other operating expense	11,988	105,942
Total costs and expenses	544,920	595,085
Operating income (loss) from continuing operations	296,796	(42,124)
Other income (loss)
Other expenses	(73)	(2,495)
Interest expense, net	(28,855)	(37,277)
Total other loss	(28,928)	(39,772)
Income (loss) from continuing operations before income taxes	267,868	(81,896)
Income tax expense (benefit)	53,833	(16,961)
Income (loss) from continuing operations	214,035	(64,935)
Income (loss) from discontinued operations, net of income taxes	279	(551)
Net income (loss) including noncontrolling interest	214,314	(65,486)
Less: Net income attributable to noncontrolling interest	22,670	47,850
NET INCOME (LOSS) ATTRIBUTABLE TO MURPHY	$ 191,644	$ (113,336)
INCOME (LOSS) PER COMMON SHARE – BASIC
Continuing operations (in USD per share)	$ 1.23	$ (0.73)
Discontinued operations (in USD per share)	0	0
Net income (loss) (in USD per share)	1.23	(0.73)
INCOME (LOSS) PER COMMON SHARE – DILUTED
Continuing operations (in USD per share)	1.22	(0.73)
Discontinued operations (in USD per share)	0	0
Net income (loss) (in USD per share)	1.22	(0.73)
Cash dividends per common share (in USD per share)	$ 0.275	$ 0.15
Average common shares outstanding
Basic (in shares)	155,856,509	154,916,004
Diluted (in shares)	157,388,566	154,916,004
Revenue from production
Revenues and other income
Total revenue from sales to customers	$ 796,231	$ 834,528
Sales of purchased natural gas
Revenues and other income
Total revenue from sales to customers	$ 43,737	$ 36,846

MUR Balance Sheet

2023-03-31

CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 312,383	$ 491,963
Accounts receivable, net	394,936	391,152
Inventories	63,539	54,513
Prepaid expenses	30,983	34,697
Total current assets	801,841	972,325
Property, plant and equipment, at cost less accumulated depreciation, depletion and amortization of $12,697,538 in 2023 and $12,489,970 in 2022	8,363,001	8,228,016
Operating lease assets	903,147	946,406
Deferred income taxes	74,060	117,889
Deferred charges and other assets	46,480	44,316
Total assets	10,188,529	10,308,952
Current liabilities
Current maturities of long-term debt, finance lease	697	687
Accounts payable	516,855	543,786
Income taxes payable	24,772	26,544
Other taxes payable	28,185	22,819
Operating lease liabilities	239,374	220,413
Other accrued liabilities	218,130	443,585
Total current liabilities	1,028,013	1,257,834
Long-term debt, including finance lease obligation	1,822,979	1,822,452
Asset retirement obligations	830,358	817,268
Deferred credits and other liabilities	301,707	304,948
Non-current operating lease liabilities	679,909	742,654
Deferred income taxes	220,895	214,903
Total liabilities	4,883,861	5,160,059
Equity
Cumulative Preferred Stock, par $100, authorized 400,000 shares, none issued	0	0
Common Stock, par $1.00, authorized 450,000,000 shares, issued 195,100,628 shares in 2023 and 195,100,628 shares in 2022	195,101	195,101
Capital in excess of par value	857,000	893,578
Retained earnings	6,204,217	6,055,498
Accumulated other comprehensive loss	(529,919)	(534,686)
Treasury stock	(1,588,841)	(1,614,717)
Murphy Shareholders' Equity	5,137,558	4,994,774
Noncontrolling interest	167,110	154,119
Total equity	5,304,668	5,148,893
Total liabilities and equity	$ 10,188,529	$ 10,308,952