MURPHY OIL CORP MUR
Murphy Oil Corporation is a global oil and natural gas exploration and production (E&P) company, with both onshore and offshore operations and properties. As used in this report, the terms Murphy, Murphy Oil, we, our, its and Company may refer to Murphy Oil Corporation or any one or more of its consolidated subsidiaries.
The Company was originally incorporated in Louisiana in 1950 as Murphy Corporation. It was reincorporated in Delaware in 1964, at which time it adopted the name Murphy Oil Corporation. In 2013, the United States (U.S.) refining and marketing business was separated from Murphy Oil Corporation's oil and natural gas E&P business. For reporting purposes, Murphy's E&P activities are subdivided into three geographic segments, including the U.S., Canada and all other countries. Additionally, the Corporate segment includes interest income, interest expense, foreign exchange effects, corporate risk management activities and administrative costs not allocated to the E&P segments. The Company's corporate headquarters are located in Houston, Texas.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.69B | $3.02B | $3.45B | $4.22B | $2.80B | $1.75B | $2.82B | $1.81B | $1.30B | $1.86B |
| Cost of revenue | $0 | $3.1M | $51.7M | $172.0M | $0 | $0 | — | — | — | — |
| Gross profit | $2.69B | $3.02B | $3.40B | $4.05B | $2.80B | $1.75B | — | — | — | — |
| SG&A | $137.3M | $110.1M | $117.3M | $131.1M | $122.0M | $140.2M | $232.7M | $205.2M | $207.4M | $246.3M |
| Total operating expenses | $2.42B | $2.43B | $2.42B | $2.35B | $2.02B | $3.33B | $2.38B | $1.58B | $1.47B | $2.20B |
| Operating income | $301.2M | $602.6M | $1.04B | $1.59B | $281.4M | -$1.36B | $445.3M | $215.6M | -$26.3M | -$388.9M |
| Interest expense | $96.1M | $105.9M | $112.4M | $150.8M | $221.8M | $169.4M | $219.3M | $180.4M | $178.3M | $148.2M |
| Pre-tax income | $182.9M | $567.6M | $921.1M | $1.45B | $42.9M | -$1.55B | $203.5M | $43.0M | -$282.9M | -$493.1M |
| Income tax | $44.6M | $78.3M | $195.9M | $309.5M | $5.9M | $293.7M | $14.7M | $126.1M | $270.1M | $219.2M |
| Net income | $104.2M | $407.2M | $661.6M | $965.0M | -$73.7M | -$1.15B | $1.15B | $411.1M | -$311.8M | -$276.0M |
| EPS, basic | 0.73 | 2.71 | 4.26 | 6.22 | -0.48 | -7.48 | 7.01 | 2.38 | -1.81 | -1.60 |
| EPS, diluted | 0.72 | 2.70 | 4.22 | 6.13 | -0.48 | -7.48 | 6.98 | 2.36 | -1.81 | -1.60 |
| Shares, diluted (wtd. avg.) | $144.0M | $151.0M | $156.6M | $157.5M | $154.3M | $153.5M | $164.8M | $174.2M | $172.5M | $172.2M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $377.2M | $423.6M | $317.1M | $492.0M | $521.2M | $310.6M | $306.8M | $359.9M | $630.4M | $872.8M |
| Receivables | $346.8M | $272.5M | $344.0M | $391.2M | $258.1M | $262.0M | $426.7M | $231.7M | $243.5M | $357.1M |
| Inventory | $57.3M | $54.9M | $54.5M | $54.5M | $54.2M | $66.1M | $76.1M | $80.0M | $105.1M | $127.1M |
| Total current assets | $816.7M | $785.3M | $752.2M | $972.3M | $880.9M | $1.00B | $974.3M | $879.8M | $1.37B | $1.56B |
| Property, plant and equipment | $8.14B | $8.05B | $8.23B | $8.23B | — | $8.27B | $9.97B | $8.43B | $8.22B | $8.32B |
| Total assets | $9.83B | $9.67B | $9.77B | $10.31B | $10.30B | $10.62B | $11.72B | $11.05B | $9.86B | $10.30B |
| Accounts payable | $572.2M | $472.2M | $446.9M | $543.8M | $623.1M | $407.1M | $602.1M | $348.0M | $595.9M | $785.0M |
| Total current liabilities | $1.06B | $942.8M | $846.5M | $1.26B | $1.16B | $716.3M | $942.8M | $846.1M | $834.2M | $1.50B |
| Long-term debt | $1.27B | $1.27B | $1.32B | $1.82B | $2.46B | $2.79B | $2.80B | $2.78B | $2.77B | $2.78B |
| Total liabilities | $4.60B | $4.33B | $4.22B | $5.16B | $5.98B | $6.23B | $5.91B | $5.85B | — | — |
| Retained earnings | $6.69B | $6.77B | $6.55B | $6.06B | $5.22B | $5.37B | $6.61B | $5.51B | $5.25B | $5.73B |
| Total equity | $5.12B | $5.19B | $5.55B | $5.15B | $4.32B | $4.39B | $5.80B | $5.20B | $4.62B | $4.92B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.25B | $1.73B | $1.75B | $2.18B | $1.42B | $802.7M | $1.49B | $749.4M | $613.4M | $600.8M |
| Depreciation and amortisation | $977.8M | $865.8M | $861.6M | $776.8M | $795.1M | $987.2M | $1.15B | $775.6M | $751.9M | $1.05B |
| Capital expenditure | — | — | — | — | — | — | $1.34B | $1.01B | $910.0M | $926.9M |
| Investing cash flow | -$1.03B | -$908.2M | -$998.7M | -$1.11B | -$417.7M | -$859.0M | -$2.54B | -$1.80B | -$732.4M | $286.1M |
| Financing cash flow | -$264.1M | -$716.5M | -$923.7M | -$1.08B | -$794.5M | $39.7M | -$1.13B | $143.6M | -$188.1M | -$290.9M |
| Dividends paid | $186.2M | $180.0M | $171.0M | $128.2M | $77.2M | $96.0M | $163.7M | $173.0M | $172.6M | $206.6M |
| Buybacks | $102.6M | $301.4M | $150.0M | $0 | $0 | $0 | $499.9M | $0 | $0 | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-26-011709.
Others in SIC 1311
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| EOG | EOG RESOURCES INC | $76.16B | 15.9x | -4.5% |
| OXY | OCCIDENTAL PETROLEUM CORP /DE/ | $60.02B | 37.3x | -5.0% |
| FANG | Diamondback Energy, Inc. | $55.79B | 34.8x | 35.8% |
| DVN | DEVON ENERGY CORP/DE | $52.87B | 11.5x | 5.4% |
| EQT | EQT Corp | $34.51B | 16.7x | 63.9% |
| EXE | EXPAND ENERGY Corp | $23.42B | 12.9x | 186.3% |
| PR | Permian Resources Corp | $19.57B | 18.2x | 1.3% |
| OVV | Ovintiv Inc. | $17.84B | 13.5x | -3.1% |