Murphy Oil (MUR) Financials

$25.04 -0.30 (-1.17%)

Closing price 06/18/2025 03:59 PM Eastern

Extended Trading

$25.19 +0.15 (+0.60%)

As of 06/18/2025 07:56 PM Eastern

Annual Income Statements for Murphy Oil

This table shows Murphy Oil's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	-2,271	-276	-312	411	1,150	-1,149	-74	965	662	407
Consolidated Net Income / (Loss)	-2,271	-276	-312	419	1,253	-1,262	48	1,139	724	486
Net Income / (Loss) Continuing Operations	-2,256	-274	-553	169	189	-1,255	49	1,141	725	489
Total Pre-Tax Income	-3,282	-493	-283	43	203	-1,549	43	1,450	921	568
Total Operating Income	-3,257	-389	-26	216	445	-1,362	281	1,587	1,042	603
Total Gross Profit	1,955	1,252	1,145	1,363	2,035	1,795	1,573	3,548	2,391	1,878
Total Revenue	2,787	1,811	1,444	1,791	2,816	1,967	2,299	3,933	3,460	3,028
Operating Revenue	2,787	1,811	1,434	1,833	2,817	1,765	2,825	4,253	3,460	3,030
Other Revenue	-	-	9.57	-42	-0.86	203	-526	-320	0.00	-1.71
Total Cost of Revenue	832	559	299	429	781	172	727	385	1,069	1,151
Operating Cost of Revenue	832	559	299	429	781	172	727	385	1,069	1,151
Total Operating Expenses	5,212	1,641	1,149	1,147	1,589	3,157	1,291	1,961	1,349	1,275
Selling, General & Admin Expense	667	260	207	205	233	140	122	131	117	110
Marketing Expense	66	44	44	52	48	29	41	57	43	39
Exploration Expense	471	102	120	102	95	86	69	133	235	134
Depreciation Expense	1,620	1,054	752	776	1,148	987	795	777	862	866
Other Operating Expenses / (Income)	49	86	25	-7.75	66	658	68	863	93	64
Impairment Charge	2,493	95	0.00	20	0.00	1,206	196	0.00	0.00	63
Total Other Income / (Expense), net	-26	-104	-257	-173	-242	-187	-239	-136	-121	-35
Interest Expense	117	148	178	180	219	169	222	151	112	106
Other Income / (Expense), net	92	44	-78	7.77	-23	-17	-17	14	-8.59	71
Income Tax Expense	-1,026	-219	270	-126	15	-294	-5.86	309	196	78
Net Income / (Loss) Discontinued Operations	-15	-2.03	241	250	1,064	-7.15	-1.23	-2.08	-1.47	-2.81
Net Income / (Loss) Attributable to Noncontrolling Interest	-	0.00	0.00	8.39	104	-114	121	174	62	79
Basic Earnings per Share	($13.03)	($1.60)	($1.81)	$2.38	$7.01	($7.48)	($0.48)	$6.22	$4.26	$2.71
Weighted Average Basic Shares Outstanding	174.35M	172.17M	172.52M	172.97M	163.99M	153.51M	154.29M	155.28M	155.23M	150.01M
Diluted Earnings per Share	($13.03)	($1.60)	($1.81)	$2.36	$6.98	($7.48)	($0.48)	$6.13	$4.22	$2.70
Weighted Average Diluted Shares Outstanding	174.35M	172.17M	172.52M	174.21M	164.81M	153.51M	154.29M	157.47M	156.65M	151.03M
Weighted Average Basic & Diluted Shares Outstanding	174.30M	172.50M	172.30M	172.70M	153.17M	153.60M	154.49M	155.76M	152.76M	145.86M
Cash Dividends to Common per Share	$1.40	$1.20	$1.00	$1.00	$1.00	$0.63	$0.50	$0.83	$1.10	$1.20

This table shows Murphy Oil's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Net Income / (Loss) Attributable to Common Shareholders	528	199	192	98	255	116	90	128	139	50	73
Consolidated Net Income / (Loss)	574	221	214	92	278	140	115	156	151	64	89
Net Income / (Loss) Continuing Operations	574	221	214	92	278	140	116	157	152	65	90
Total Pre-Tax Income	734	283	268	127	356	170	146	190	154	79	123
Total Operating Income	753	324	297	165	378	203	154	184	179	85	144
Total Gross Profit	1,006	1,351	754	551	699	387	505	487	488	397	412
Total Revenue	1,303	975	840	815	960	846	796	803	758	671	666
Operating Revenue	1,188	987	840	815	960	846	796	803	760	671	675
Other Revenue	115	-12	-	-	0.00	-	-	-	-1.34	-	-9.46
Total Cost of Revenue	298	-376	86	264	260	459	291	316	270	274	254
Operating Cost of Revenue	298	-376	86	264	260	459	291	316	270	274	254
Total Operating Expenses	253	1,027	457	386	322	184	351	302	309	312	268
Selling, General & Admin Expense	29	41	18	25	31	43	31	23	25	31	31
Marketing Expense	15	9.67	11	13	11	7.65	10	10	11	8.16	8.65
Exploration Expense	9.49	61	10	116	27	82	44	43	31	15	14
Depreciation Expense	215	202	196	216	237	213	211	216	224	215	194
Other Operating Expenses / (Income)	-16	713	221	16	16	-161	20	11	19	14	20
Impairment Charge	-	-	0.00	0.00	0.00	-	35	0.00	0.00	28	0.00
Total Other Income / (Expense), net	-19	-41	-29	-38	-21	-33	-8.47	5.26	-25	-6.63	-21
Interest Expense	37	35	29	30	30	24	20	21	21	44	24
Other Income / (Expense), net	18	-6.80	-0.07	-7.69	8.81	-9.63	12	26	-3.93	37	2.40
Income Tax Expense	159	62	54	35	78	29	30	33	2.12	13	33
Net Income / (Loss) Discontinued Operations	-0.42	-0.16	0.28	-0.60	-0.42	-0.72	-0.87	-0.64	-0.61	-0.69	-0.63
Net Income / (Loss) Attributable to Noncontrolling Interest	46	21	23	-6.43	22	23	25	29	12	14	16
Basic Earnings per Share	$3.40	$1.29	$1.23	$0.63	$1.64	$0.76	$0.59	$0.84	$0.93	$0.35	$0.51
Weighted Average Basic Shares Outstanding	155.45M	155.28M	155.86M	156.13M	155.45M	155.23M	152.66M	152.15M	149.38M	150.01M	144.28M
Diluted Earnings per Share	$3.36	$1.27	$1.22	$0.62	$1.63	$0.75	$0.59	$0.83	$0.93	$0.35	$0.50
Weighted Average Diluted Shares Outstanding	157.34M	157.47M	157.39M	157.30M	156.83M	156.65M	153.82M	153.14M	150.35M	151.03M	145.07M
Weighted Average Basic & Diluted Shares Outstanding	155.46M	155.76M	156.10M	156.16M	154.47M	152.76M	152.58M	150.89M	145.84M	145.86M	142.72M
Cash Dividends to Common per Share	$0.25	$0.25	$0.28	$0.28	$0.28	$0.28	$0.30	$0.30	$0.30	$0.30	$0.33

This table details how cash moves in and out of Murphy Oil's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	-910	590	103	-577	-83	-217	211	-29	-175	106
Net Cash From Operating Activities	1,183	601	613	749	1,489	803	1,422	2,180	1,749	1,729
Net Cash From Continuing Operating Activities	1,183	601	613	749	1,489	803	1,422	2,180	1,749	1,729
Net Income / (Loss) Continuing Operations	-2,256	-274	-553	169	189	-1,255	49	1,141	725	489
Consolidated Net Income / (Loss)	-2,271	-276	-312	419	1,253	-1,262	48	1,139	724	486
Net Income / (Loss) Discontinued Operations	-15	-2.03	241	250	1,064	-7.15	-1.23	-2.08	-1.47	-2.81
Depreciation Expense	1,620	1,054	752	776	1,148	987	795	777	862	866
Amortization Expense	83	47	62	40	28	27	19	13	11	9.59
Non-Cash Adjustments To Reconcile Net Income	2,685	155	-77	106	164	1,403	324	-15	138	235
Changes in Operating Assets and Liabilities, net	-948	-382	429	-341	-39	-359	236	264	13	129
Net Cash From Investing Activities	-1,922	286	-732	-1,805	-2,536	-859	-418	-1,109	-999	-908
Net Cash From Continuing Investing Activities	-1,922	286	-732	-1,805	-2,536	-859	-418	-1,109	-999	-908
Purchase of Property, Plant & Equipment	-2,550	-927	-910	-1,806	-2,557	-873	-688	-1,114	-1,102	-908
Sale of Property, Plant & Equipment	424	1,155	70	1.18	20	14	271	4.53	103	0.00
Net Cash From Financing Activities	-365	-291	-188	144	-1,130	40	-795	-1,082	-924	-717
Net Cash From Continuing Financing Activities	-365	-291	-188	144	-1,130	-160	-795	-1,082	-924	-717
Repayment of Debt	-470	-626	-550	0.00	-2,056	-13	-739	-1,070	-1,098	-1,041
Repurchase of Common Equity	-250	-	0.00	0.00	-500	-	0.00	0.00	-150	-301
Payment of Dividends	-245	-207	-173	-173	-292	-140	-215	-311	-200	-299
Issuance of Debt	600	541	542	325	1,725	-	165	400	600	950
Other Financing Activities, net	-	-	-7.12	-8.39	-7.68	-7.79	-6.01	-100	-75	-26
Effect of Exchange Rate Changes	10	-6.39	-	29	3.53	-	0.64	-3.87	-1.25	2.21
Other Net Changes in Cash	183	-	410	306	2,091	0.00	0.00	-15	0.00	0.00

This table details how cash moves in and out of Murphy Oil's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Net Change in Cash & Equivalents	34	26	-180	57	-42	-11	6.36	10	-62	152	-31
Net Cash From Operating Activities	719	502	280	470	456	543	399	468	429	434	301
Net Cash From Continuing Operating Activities	719	502	280	470	456	543	399	468	429	434	301
Net Income / (Loss) Continuing Operations	574	221	214	92	278	140	116	157	152	65	90
Consolidated Net Income / (Loss)	574	221	214	92	278	140	115	156	151	64	89
Net Income / (Loss) Discontinued Operations	-0.42	-0.16	0.28	-0.60	-0.42	-0.72	-0.87	-0.64	-0.61	-0.69	-0.63
Depreciation Expense	215	202	196	216	237	213	211	216	224	215	194
Amortization Expense	2.67	2.65	2.65	2.72	2.85	2.71	2.79	2.99	1.93	1.88	1.65
Non-Cash Adjustments To Reconcile Net Income	11	-124	-103	105	43	93	90	51	34	61	33
Changes in Operating Assets and Liabilities, net	-83	200	-29	54	-106	94	-20	41	18	90	-18
Net Cash From Investing Activities	-329	-181	-345	-349	-127	-177	-249	-268	-216	-175	-370
Net Cash From Continuing Investing Activities	-329	-181	-345	-349	-127	-177	-249	-268	-216	-175	-370
Purchase of Property, Plant & Equipment	-327	-188	-345	-349	-230	-177	-249	-268	-216	-175	-370
Net Cash From Financing Activities	-338	-296	-115	-62	-371	-376	-144	-190	-274	-108	38
Net Cash From Continuing Financing Activities	-338	-296	-115	-62	-371	-376	-144	-190	-274	-108	38
Repayment of Debt	-448	-319	-100	-100	-349	-549	-100	-150	-150	-641	-50
Repurchase of Common Equity	-	-	0.00	-	-75	-75	-50	-56	-194	-1.22	-100
Payment of Dividends	-89	-77	-53	-49	-47	-52	-69	-84	-80	-66	-54
Issuance of Debt	200	100	100	100	100	300	100	100	150	600	250
Other Financing Activities, net	-0.80	-0.45	-62	-13	-0.17	-0.21	-25	-0.20	-0.18	-0.16	-7.79
Effect of Exchange Rate Changes	-3.59	1.31	0.62	-1.51	0.48	-0.83	0.86	0.39	-0.47	1.43	0.29

This table presents Murphy Oil's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	11,494	10,296	9,861	11,053	11,719	10,621	10,305	10,309	9,767	9,667
Total Current Assets	1,397	1,559	1,372	880	974	1,000	881	972	752	785
Cash & Equivalents	283	873	965	360	307	311	521	492	317	424
Accounts Receivable	523	357	243	232	427	262	258	391	344	273
Inventories, net	167	127	105	80	76	66	54	55	54	55
Prepaid Expenses	213	64	35	34	41	34	32	35	37	34
Plant, Property, & Equipment, net	9,818	8,316	8,220	8,432	9,970	8,269	8,128	8,228	8,225	8,055
Total Noncurrent Assets	278	420	269	1,741	774	1,352	1,296	1,109	789	828
Noncurrent Deferred & Refundable Income Taxes	-	366	212	146	129	395	386	118	0.44	0.00
Other Noncurrent Operating Assets	278	55	58	49	645	956	911	991	789	828
Total Liabilities & Shareholders' Equity	11,494	10,296	9,861	11,053	11,719	10,621	10,305	10,309	9,767	9,667
Total Liabilities	6,187	5,379	5,241	5,855	5,914	6,227	5,984	5,160	4,217	4,326
Total Current Liabilities	1,675	1,502	834	846	943	716	1,164	1,258	847	943
Short-Term Debt	19	570	9.90	0.67	-	0.00	0.65	0.69	0.72	0.87
Accounts Payable	1,530	785	596	348	602	407	623	544	447	472
Accrued Expenses	75	103	157	178	197	151	361	444	130	118
Current Deferred & Payable Income Tax Liabilities	43	42	68	33	19	18	20	27	21	19
Other Taxes Payable	-	-	-	-	19	22	20	23	29	32
Other Current Liabilities	-	-	-	0.00	92	104	139	220	219	301
Total Noncurrent Liabilities	4,512	3,877	4,407	5,009	4,971	5,510	4,820	3,902	3,370	3,383
Long-Term Debt	3,041	2,423	2,907	3,109	2,803	2,988	2,465	1,822	1,328	1,275
Asset Retirement Reserve & Litigation Obligation	793	682	709	753	826	816	840	817	904	961
Noncurrent Deferred & Payable Income Tax Liabilities	240	69	159	130	207	180	183	215	277	336
Other Noncurrent Operating Liabilities	439	617	632	624	1,135	1,526	1,332	1,048	861	812
Total Equity & Noncontrolling Interests	5,307	4,917	4,620	5,198	5,805	4,394	4,321	5,149	5,550	5,342
Total Preferred & Common Equity	5,307	4,917	4,620	4,829	5,467	4,214	4,157	4,995	5,363	5,194
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	5,307	4,917	4,620	4,829	5,467	4,214	4,157	4,995	5,363	5,194
Common Stock	1,105	1,112	1,113	1,175	1,145	1,137	1,122	1,089	1,075	1,044
Retained Earnings	6,212	5,730	5,245	5,514	6,614	5,370	5,219	6,055	6,546	6,773
Accumulated Other Comprehensive Income / (Loss)	-705	-628	-462	-610	-574	-601	-528	-535	-521	-628
Other Equity Adjustments	-	-	-	-	-	-	-	-1,615	-1,738	-1,995
Noncontrolling Interest	-	-	0.00	368	337	180	163	154	187	148

This table presents Murphy Oil's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025
Total Assets	10,229	10,189	10,250	9,943	9,669	9,894	9,716	9,820
Total Current Assets	952	802	869	887	761	757	630	771
Cash & Equivalents	466	312	369	328	323	334	271	393
Accounts Receivable	385	395	410	461	357	337	263	282
Inventories, net	53	64	62	60	50	52	51	71
Prepaid Expenses	40	31	27	38	31	35	44	25
Plant, Property, & Equipment, net	8,249	8,363	8,426	8,218	8,189	8,215	8,190	8,279
Total Noncurrent Assets	1,028	1,024	954	838	719	922	897	770
Other Noncurrent Operating Assets	831	950	914	836	718	922	897	770
Total Liabilities & Shareholders' Equity	10,229	10,189	10,250	9,943	9,669	9,894	9,716	9,820
Total Liabilities	5,350	4,884	4,861	4,430	4,176	4,391	4,311	4,543
Total Current Liabilities	1,213	1,028	1,035	892	818	928	885	1,009
Short-Term Debt	0.68	0.70	0.71	0.71	0.73	0.74	0.75	0.89
Accounts Payable	540	517	584	450	486	508	430	538
Accrued Expenses	436	218	136	138	101	115	145	91
Current Deferred & Payable Income Tax Liabilities	39	25	24	24	25	20	22	25
Other Taxes Payable	31	28	32	34	26	30	34	33
Other Current Liabilities	167	239	258	246	179	255	253	321
Total Noncurrent Liabilities	4,137	3,856	3,826	3,537	3,358	3,464	3,426	3,535
Long-Term Debt	2,023	1,823	1,824	1,576	1,329	1,279	1,279	1,475
Asset Retirement Reserve & Litigation Obligation	849	830	843	859	917	924	930	955
Noncurrent Deferred & Payable Income Tax Liabilities	188	221	236	251	292	324	318	352
Other Noncurrent Operating Liabilities	1,077	982	924	851	820	936	899	753
Total Equity & Noncontrolling Interests	4,880	5,305	5,389	5,513	5,493	5,503	5,405	5,277
Total Preferred & Common Equity	4,709	5,138	5,234	5,340	5,304	5,324	5,250	5,120
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	4,709	5,138	5,234	5,340	5,304	5,324	5,250	5,120
Common Stock	1,083	1,052	1,057	1,064	1,012	1,022	1,031	1,026
Retained Earnings	5,895	6,204	6,260	6,472	6,590	6,672	6,767	6,799
Accumulated Other Comprehensive Income / (Loss)	-654	-530	-496	-534	-556	-572	-553	-629
Other Equity Adjustments	-1,615	-1,589	-1,587	-1,662	-1,742	-1,799	-1,995	-2,076
Noncontrolling Interest	171	167	154	173	189	179	155	157

This table displays calculated financial ratios and metrics derived from Murphy Oil's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-49.10%	-35.01%	-20.28%	24.06%	57.21%	-30.14%	16.87%	71.04%	-12.02%	-12.48%
EBITDA Growth	-143.56%	151.72%	-6.26%	46.56%	53.84%	-122.87%	395.02%	121.67%	-20.29%	-18.74%
EBIT Growth	-331.34%	89.10%	69.67%	313.50%	89.28%	-426.32%	119.18%	504.93%	-35.45%	-34.83%
NOPAT Growth	-303.59%	88.06%	93.23%	4,702.65%	-51.28%	-330.81%	133.55%	290.16%	-34.27%	-36.68%
Net Income Growth	-350.75%	87.85%	-12.98%	234.54%	198.77%	-200.73%	103.76%	2,295.89%	-36.45%	-32.78%
EPS Growth	-359.05%	87.72%	-13.13%	230.39%	195.76%	-207.16%	93.58%	1,377.08%	-31.16%	-36.02%
Operating Cash Flow Growth	-61.18%	-49.23%	2.09%	22.18%	98.71%	-46.09%	77.17%	53.30%	-19.79%	-1.13%
Free Cash Flow Firm Growth	-139.43%	218.37%	-32.92%	18.35%	-276.66%	155.07%	72.91%	22.99%	-27.45%	20.13%
Invested Capital Growth	-18.23%	-11.32%	-6.22%	5.43%	18.57%	-17.49%	-7.52%	3.68%	1.26%	-5.61%
Revenue Q/Q Growth	-25.31%	-0.17%	-32.58%	79.44%	2.58%	-12.95%	21.65%	6.33%	-3.60%	-5.46%
EBITDA Q/Q Growth	-291.81%	400.69%	-44.22%	103.16%	1.30%	-177.05%	66.14%	1.39%	-5.63%	-4.27%
EBIT Q/Q Growth	-35.74%	65.59%	-141.67%	249.86%	-19.29%	-9.67%	230.47%	0.79%	-10.72%	-9.54%
NOPAT Q/Q Growth	-39.67%	61.20%	-110.48%	786.81%	-21.66%	-9.56%	348.11%	0.83%	-9.46%	-15.87%
Net Income Q/Q Growth	-73.55%	65.47%	-250.63%	1,904.62%	-11.71%	-9.39%	114.89%	1.47%	-10.06%	-13.40%
EPS Q/Q Growth	-71.45%	64.44%	-254.90%	2,850.00%	-14.25%	-8.25%	82.22%	2.85%	-10.97%	-12.90%
Operating Cash Flow Q/Q Growth	-34.65%	62.37%	-46.03%	89.28%	14.44%	-12.17%	8.07%	8.49%	2.43%	-5.95%
Free Cash Flow Firm Q/Q Growth	-147.86%	317.91%	-12.80%	1,062.43%	14.52%	136.79%	-5.49%	2.82%	28.76%	-8.08%
Invested Capital Q/Q Growth	-1.91%	-2.72%	-4.78%	2.87%	-0.84%	-5.97%	1.10%	0.78%	-2.96%	-3.44%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	70.14%	69.12%	79.26%	76.06%	72.25%	91.24%	68.40%	90.22%	69.10%	62.00%
EBITDA Margin	-52.47%	41.76%	49.10%	58.01%	56.76%	-18.59%	46.91%	60.80%	55.08%	51.14%
Operating Margin	-116.85%	-21.47%	-1.82%	12.03%	15.81%	-69.25%	12.24%	40.35%	30.12%	19.90%
EBIT Margin	-113.55%	-19.04%	-7.25%	12.47%	15.01%	-70.13%	11.51%	40.71%	29.87%	22.24%
Profit (Net Income) Margin	-81.48%	-15.24%	-21.59%	23.42%	44.50%	-64.17%	2.07%	28.96%	20.91%	16.06%
Tax Burden Percent	69.19%	55.96%	110.22%	975.50%	615.88%	81.50%	110.81%	78.52%	78.57%	85.71%
Interest Burden Percent	103.71%	142.95%	270.39%	19.25%	48.13%	112.28%	16.21%	90.58%	89.13%	84.27%
Effective Tax Rate	0.00%	0.00%	0.00%	-293.33%	7.22%	0.00%	-13.67%	21.34%	21.27%	13.79%
Return on Invested Capital (ROIC)	-26.03%	-3.66%	-0.27%	12.60%	5.47%	-12.76%	4.92%	19.61%	12.58%	8.15%
ROIC Less NNEP Spread (ROIC-NNEP)	-25.55%	-3.82%	-14.93%	-10.93%	46.49%	-25.76%	-7.77%	12.90%	4.33%	4.60%
Return on Net Nonoperating Assets (RNNOA)	-6.69%	-1.74%	-6.27%	-4.05%	17.31%	-12.00%	-3.83%	4.44%	0.95%	0.79%
Return on Equity (ROE)	-32.72%	-5.40%	-6.54%	8.55%	22.78%	-24.76%	1.09%	24.05%	13.53%	8.93%
Cash Return on Invested Capital (CROIC)	-5.98%	8.34%	6.14%	7.31%	-11.52%	6.41%	12.73%	16.00%	11.33%	13.92%
Operating Return on Assets (OROA)	-22.43%	-3.17%	-1.04%	2.14%	3.71%	-12.35%	2.53%	15.53%	10.30%	6.93%
Return on Assets (ROA)	-16.10%	-2.53%	-3.09%	4.01%	11.01%	-11.30%	0.45%	11.05%	7.21%	5.01%
Return on Common Equity (ROCE)	-32.72%	-5.40%	-6.54%	8.22%	21.32%	-23.50%	1.05%	23.24%	13.10%	8.66%
Return on Equity Simple (ROE_SIMPLE)	-42.79%	-5.61%	-6.75%	8.69%	22.92%	-29.96%	1.14%	22.80%	13.49%	9.37%
Net Operating Profit after Tax (NOPAT)	-2,280	-272	-18	848	413	-954	320	1,248	820	519
NOPAT Margin	-81.79%	-15.03%	-1.28%	47.34%	14.67%	-48.47%	13.91%	31.74%	23.71%	17.15%
Net Nonoperating Expense Percent (NNEP)	-0.49%	0.16%	14.66%	23.53%	-41.02%	13.00%	12.69%	6.71%	8.25%	3.54%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	17.90%	11.93%	7.85%
Cost of Revenue to Revenue	29.86%	30.88%	20.74%	23.94%	27.75%	8.76%	31.60%	9.78%	30.90%	38.00%
SG&A Expenses to Revenue	23.94%	14.36%	14.36%	11.45%	8.26%	7.13%	5.30%	3.33%	3.39%	3.64%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	186.99%	90.59%	79.54%	64.02%	56.44%	160.48%	56.16%	49.87%	38.99%	42.10%
Earnings before Interest and Taxes (EBIT)	-3,165	-345	-105	223	423	-1,380	265	1,601	1,033	673
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-1,462	756	709	1,039	1,599	-366	1,079	2,391	1,906	1,549
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.53	0.84	0.93	0.69	0.66	0.40	0.90	1.25	1.18	0.84
Price to Tangible Book Value (P/TBV)	0.53	0.84	0.93	0.69	0.66	0.40	0.90	1.25	1.18	0.84
Price to Revenue (P/Rev)	1.01	2.28	2.96	1.87	1.29	0.85	1.62	1.58	1.82	1.44
Price to Earnings (P/E)	0.00	0.00	0.00	8.13	3.16	0.00	0.00	6.45	9.54	10.71
Dividend Yield	8.52%	5.01%	4.03%	5.18%	4.33%	5.73%	2.07%	2.68%	2.69%	4.01%
Earnings Yield	0.00%	0.00%	0.00%	12.30%	31.69%	0.00%	0.00%	15.50%	10.49%	9.33%
Enterprise Value to Invested Capital (EV/IC)	0.69	0.88	0.95	0.94	0.79	0.67	0.93	1.19	1.14	0.87
Enterprise Value to Revenue (EV/Rev)	1.95	3.39	4.31	3.61	2.29	2.30	2.54	1.96	2.17	1.77
Enterprise Value to EBITDA (EV/EBITDA)	0.00	8.11	8.79	6.22	4.04	0.00	5.41	3.23	3.94	3.46
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	28.93	15.29	0.00	22.06	4.82	7.27	7.96
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	7.62	15.64	0.00	18.25	6.18	9.15	10.32
Enterprise Value to Operating Cash Flow (EV/OCF)	4.59	10.21	10.16	8.62	4.34	5.65	4.10	3.54	4.29	3.10
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	9.90	14.98	13.13	0.00	9.47	7.05	7.57	10.16	6.04
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.58	0.61	0.63	0.60	0.48	0.68	0.57	0.35	0.24	0.24
Long-Term Debt to Equity	0.57	0.49	0.63	0.60	0.48	0.68	0.57	0.35	0.24	0.24
Financial Leverage	0.26	0.45	0.42	0.37	0.37	0.47	0.49	0.34	0.22	0.17
Leverage Ratio	2.03	2.13	2.11	2.13	2.07	2.19	2.40	2.18	1.88	1.78
Compound Leverage Factor	2.11	3.05	5.71	0.41	1.00	2.46	0.39	1.97	1.67	1.50
Debt to Total Capital	36.57%	37.84%	38.70%	37.44%	32.57%	40.48%	36.34%	26.15%	19.32%	19.27%
Short-Term Debt to Total Capital	0.23%	7.20%	0.13%	0.01%	0.00%	0.00%	0.01%	0.01%	0.01%	0.01%
Long-Term Debt to Total Capital	36.34%	30.63%	38.57%	37.43%	32.57%	40.48%	36.33%	26.14%	19.31%	19.26%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	4.43%	3.92%	2.44%	2.41%	2.21%	2.72%	2.23%
Common Equity to Total Capital	63.43%	62.16%	61.30%	58.13%	63.52%	57.09%	61.26%	71.64%	77.96%	78.50%
Debt to EBITDA	-2.09	3.96	4.11	2.99	1.75	-8.17	2.29	0.76	0.70	0.82
Net Debt to EBITDA	-1.78	2.66	2.75	2.65	1.56	-7.32	1.80	0.56	0.53	0.55
Long-Term Debt to EBITDA	-2.08	3.20	4.10	2.99	1.75	-8.17	2.29	0.76	0.70	0.82
Debt to NOPAT	-1.34	-10.99	-158.30	3.67	6.79	-3.13	7.71	1.46	1.62	2.46
Net Debt to NOPAT	-1.14	-7.38	-105.92	3.24	6.04	-2.81	6.08	1.07	1.23	1.64
Long-Term Debt to NOPAT	-1.33	-8.90	-157.76	3.67	6.79	-3.13	7.71	1.46	1.62	2.45
Altman Z-Score	0.34	1.31	1.41	1.27	1.52	0.66	1.36	2.41	2.53	2.11
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	3.75%	6.41%	5.07%	3.94%	3.35%	3.19%	3.07%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.83	1.04	1.64	1.04	1.03	1.40	0.76	0.77	0.89	0.83
Quick Ratio	0.58	0.89	1.45	0.70	0.78	0.80	0.67	0.70	0.78	0.74
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-524	620	416	492	-869	479	828	1,018	739	887
Operating Cash Flow to CapEx	55.67%	0.00%	72.97%	41.52%	58.71%	93.44%	340.47%	196.51%	175.11%	190.38%
Free Cash Flow to Firm to Interest Expense	-4.46	4.18	2.33	2.73	-3.97	2.83	3.73	6.75	6.57	8.38
Operating Cash Flow to Interest Expense	10.08	4.05	3.44	4.16	6.79	4.74	6.41	14.46	15.56	16.32
Operating Cash Flow Less CapEx to Interest Expense	-8.03	5.59	-1.27	-5.85	-4.78	-0.33	4.53	7.10	6.67	7.75
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.20	0.17	0.14	0.17	0.25	0.18	0.22	0.38	0.34	0.31
Accounts Receivable Turnover	3.99	4.12	4.81	7.54	8.56	5.71	8.84	12.11	9.41	9.82
Inventory Turnover	4.06	3.81	2.58	4.63	10.01	2.42	12.08	7.08	19.62	21.06
Fixed Asset Turnover	0.24	0.20	0.17	0.22	0.31	0.22	0.28	0.48	0.42	0.37
Accounts Payable Turnover	0.44	0.48	0.43	0.91	1.65	0.34	1.41	0.66	2.16	2.50
Days Sales Outstanding (DSO)	91.41	88.65	75.90	48.41	42.66	63.89	41.29	30.13	38.77	37.15
Days Inventory Outstanding (DIO)	89.80	95.88	141.53	78.79	36.46	150.53	30.21	51.57	18.60	17.33
Days Payable Outstanding (DPO)	834.47	755.25	841.67	401.68	221.88	1,068.32	258.77	553.58	169.12	145.73
Cash Conversion Cycle (CCC)	-653.27	-570.73	-624.24	-274.48	-142.75	-853.91	-187.27	-471.87	-111.74	-91.25
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	7,879	6,987	6,552	6,908	8,191	6,758	6,250	6,480	6,562	6,194
Invested Capital Turnover	0.32	0.24	0.21	0.27	0.37	0.26	0.35	0.62	0.53	0.47
Increase / (Decrease) in Invested Capital	-1,756	-892	-434	356	1,283	-1,432	-508	230	82	-368
Enterprise Value (EV)	5,429	6,137	6,230	6,461	6,462	4,533	5,838	7,712	7,508	5,362
Market Capitalization	2,826	4,128	4,278	3,343	3,629	1,675	3,729	6,226	6,310	4,362
Book Value per Share	$30.85	$28.55	$26.77	$27.91	$34.77	$27.44	$26.92	$32.13	$34.72	$35.62
Tangible Book Value per Share	$30.85	$28.55	$26.77	$27.91	$34.77	$27.44	$26.92	$32.13	$34.72	$35.62
Total Capital	8,366	7,909	7,537	8,308	8,608	7,382	6,787	6,972	6,879	6,617
Total Debt	3,059	2,993	2,916	3,110	2,803	2,988	2,466	1,823	1,329	1,275
Total Long-Term Debt	3,041	2,423	2,907	3,109	2,803	2,988	2,465	1,822	1,328	1,275
Net Debt	2,603	2,008	1,951	2,750	2,497	2,677	1,945	1,331	1,012	852
Capital Expenditures (CapEx)	2,126	-228	841	1,805	2,536	859	418	1,109	999	908
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-715	-358	-418	-325	-275	-27	-804	-777	-411	-580
Debt-free Net Working Capital (DFNWC)	-259	627	547	34	32	284	-283	-285	-94	-157
Net Working Capital (NWC)	-277	57	537	34	32	284	-283	-286	-94	-158
Net Nonoperating Expense (NNE)	-8.85	3.74	293	428	-840	309	272	109	97	33
Net Nonoperating Obligations (NNO)	2,572	2,070	1,932	1,710	2,386	2,364	1,929	1,331	1,012	852
Total Depreciation and Amortization (D&A)	1,702	1,101	814	816	1,176	1,014	814	790	873	875
Debt-free, Cash-free Net Working Capital to Revenue	-25.65%	-19.75%	-28.93%	-18.17%	-9.77%	-1.35%	-34.97%	-19.75%	-11.87%	-19.16%
Debt-free Net Working Capital to Revenue	-9.28%	34.59%	37.90%	1.92%	1.12%	14.43%	-12.30%	-7.24%	-2.71%	-5.17%
Net Working Capital to Revenue	-9.95%	3.13%	37.22%	1.88%	1.12%	14.43%	-12.33%	-7.26%	-2.73%	-5.20%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($13.03)	($1.60)	($1.81)	$2.38	$7.01	($7.48)	($0.48)	$6.22	$4.26	$2.71
Adjusted Weighted Average Basic Shares Outstanding	174.35M	172.17M	172.52M	172.97M	163.99M	153.51M	154.29M	155.28M	155.23M	150.01M
Adjusted Diluted Earnings per Share	($13.03)	($1.60)	($1.81)	$2.36	$6.98	($7.48)	($0.48)	$6.13	$4.22	$2.70
Adjusted Weighted Average Diluted Shares Outstanding	174.35M	172.17M	172.52M	174.21M	164.81M	153.51M	154.29M	157.47M	156.65M	151.03M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	172.03M	172.40M	172.57M	173.06M	153.17M	153.60M	154.49M	155.76M	152.76M	145.86M
Normalized Net Operating Profit after Tax (NOPAT)	-642	-206	-18	165	413	-74	334	1,248	820	574
Normalized NOPAT Margin	-23.05%	-11.36%	-1.28%	9.21%	14.67%	-3.77%	14.54%	31.74%	23.71%	18.94%
Pre Tax Income Margin	-117.77%	-27.23%	-19.59%	2.40%	7.23%	-78.74%	1.87%	36.88%	26.62%	18.74%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-26.96	-2.33	-0.59	1.24	1.93	-8.14	1.19	10.62	9.20	6.36
NOPAT to Interest Expense	-19.42	-1.84	-0.10	4.70	1.88	-5.63	1.44	8.28	7.30	4.90
EBIT Less CapEx to Interest Expense	-45.08	-0.79	-5.30	-8.77	-9.64	-13.21	-0.69	3.26	0.31	-2.22
NOPAT Less CapEx to Interest Expense	-37.53	-0.30	-4.82	-5.30	-9.68	-10.70	-0.44	0.92	-1.59	-3.67
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	-10.79%	-74.88%	-55.35%	41.25%	23.28%	-11.06%	451.78%	27.33%	27.69%	61.37%
Augmented Payout Ratio	-21.80%	-74.88%	-55.35%	41.25%	63.17%	-11.06%	451.78%	27.33%	48.42%	123.31%

This table displays calculated financial ratios and metrics derived from Murphy Oil's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	107.42%	31.56%	51.90%	-26.02%	-26.38%	-13.26%	-5.19%	-1.45%	-20.98%	-20.69%	-16.41%
EBITDA Growth	137.31%	6.70%	300.19%	-50.36%	-36.61%	-21.75%	-23.33%	14.25%	-36.06%	-16.92%	-9.86%
EBIT Growth	247.82%	4.14%	765.01%	-71.78%	-49.92%	-39.11%	-44.19%	33.96%	-54.67%	-36.74%	-11.66%
NOPAT Growth	234.34%	4.25%	904.26%	-72.74%	-50.00%	-33.63%	-48.45%	27.42%	-40.10%	-57.96%	-13.67%
Net Income Growth	318.09%	8.11%	427.27%	-77.57%	-51.61%	-36.68%	-46.50%	70.12%	-45.60%	-53.87%	-22.01%
EPS Growth	380.00%	15.45%	267.12%	-72.20%	-51.49%	-40.94%	-51.64%	33.87%	-42.94%	-53.33%	-15.25%
Operating Cash Flow Growth	77.65%	51.57%	-17.31%	-24.32%	-36.61%	8.28%	42.54%	-0.48%	-5.94%	-20.16%	-24.60%
Free Cash Flow Firm Growth	-71.05%	-96.89%	-213.25%	-187.02%	-110.98%	270.52%	208.84%	231.97%	1,496.94%	407.48%	-44.53%
Invested Capital Growth	4.00%	3.68%	10.38%	8.47%	5.17%	1.26%	-4.66%	-5.77%	-5.15%	-5.61%	-2.13%
Revenue Q/Q Growth	18.38%	-25.18%	-13.87%	-3.02%	17.81%	-11.85%	-5.86%	0.80%	-5.54%	-11.52%	-0.78%
EBITDA Q/Q Growth	30.67%	-47.17%	-5.22%	-24.14%	66.86%	-34.78%	-7.14%	13.06%	-6.63%	-15.25%	0.76%
EBIT Q/Q Growth	38.51%	-58.86%	-6.50%	-47.03%	145.78%	-49.99%	-14.29%	27.15%	-16.84%	-30.20%	19.70%
NOPAT Q/Q Growth	34.23%	-57.05%	-6.33%	-49.52%	146.20%	-43.00%	-27.24%	24.79%	15.74%	-59.99%	49.41%
Net Income Q/Q Growth	40.19%	-61.57%	-2.86%	-57.14%	202.44%	-49.71%	-17.93%	36.29%	-3.30%	-57.35%	38.73%
EPS Q/Q Growth	50.67%	-62.20%	-3.94%	-49.18%	162.90%	-53.99%	-21.33%	40.68%	12.05%	-62.37%	42.86%
Operating Cash Flow Q/Q Growth	15.88%	-30.29%	-44.21%	67.95%	-2.94%	19.07%	-26.56%	17.27%	-8.27%	1.07%	-30.65%
Free Cash Flow Firm Q/Q Growth	-28.21%	-93.18%	-1,831.94%	-2.61%	90.94%	330.19%	408.74%	24.42%	-4.13%	-16.38%	-44.39%
Invested Capital Q/Q Growth	1.91%	0.78%	5.18%	0.40%	-1.19%	-2.96%	-0.96%	-0.76%	-0.54%	-3.44%	2.69%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	77.16%	138.52%	89.74%	67.61%	72.87%	45.78%	63.46%	60.63%	64.35%	59.23%	61.86%
EBITDA Margin	75.84%	53.56%	58.94%	46.11%	65.30%	48.31%	47.66%	53.45%	52.83%	50.61%	51.39%
Operating Margin	57.78%	33.24%	35.33%	20.24%	39.34%	23.98%	19.34%	22.96%	23.61%	12.70%	21.62%
EBIT Margin	59.18%	32.54%	35.33%	19.30%	40.26%	22.84%	20.79%	26.23%	23.09%	18.22%	21.98%
Profit (Net Income) Margin	44.04%	22.62%	25.51%	11.28%	28.95%	16.52%	14.40%	19.47%	19.93%	9.61%	13.43%
Tax Burden Percent	78.22%	78.05%	80.01%	72.14%	77.96%	82.41%	78.76%	82.42%	98.23%	82.04%	72.83%
Interest Burden Percent	95.15%	89.08%	90.28%	81.01%	92.24%	87.75%	87.91%	90.03%	87.86%	64.28%	83.92%
Effective Tax Rate	21.73%	21.89%	20.10%	27.39%	21.92%	17.17%	20.65%	17.24%	1.38%	17.08%	26.65%
Return on Invested Capital (ROIC)	26.53%	16.04%	18.34%	8.79%	16.72%	10.54%	7.88%	9.74%	11.32%	5.00%	7.15%
ROIC Less NNEP Spread (ROIC-NNEP)	25.68%	14.04%	17.03%	7.09%	15.50%	8.12%	7.27%	10.04%	9.07%	4.34%	5.60%
Return on Net Nonoperating Assets (RNNOA)	10.33%	4.84%	6.24%	2.35%	4.18%	1.78%	1.70%	2.21%	1.88%	0.74%	1.09%
Return on Equity (ROE)	36.86%	20.87%	24.58%	11.14%	20.89%	12.32%	9.57%	11.95%	13.20%	5.74%	8.23%
Cash Return on Invested Capital (CROIC)	15.70%	16.00%	13.51%	10.14%	8.70%	11.33%	15.37%	17.03%	14.66%	13.92%	10.00%
Operating Return on Assets (OROA)	21.29%	12.42%	14.38%	7.29%	14.33%	7.87%	7.16%	8.87%	7.53%	5.68%	6.54%
Return on Assets (ROA)	15.85%	8.63%	10.39%	4.26%	10.30%	5.69%	4.95%	6.58%	6.49%	2.99%	3.99%
Return on Common Equity (ROCE)	35.48%	20.17%	23.70%	10.77%	20.20%	11.93%	9.26%	11.58%	12.80%	5.56%	7.97%
Return on Equity Simple (ROE_SIMPLE)	23.83%	0.00%	27.61%	21.03%	15.07%	0.00%	11.77%	12.93%	10.70%	0.00%	9.01%
Net Operating Profit after Tax (NOPAT)	589	253	237	120	295	168	122	153	177	71	106
NOPAT Margin	45.23%	25.96%	28.23%	14.70%	30.72%	19.86%	15.35%	19.00%	23.28%	10.53%	15.85%
Net Nonoperating Expense Percent (NNEP)	0.85%	2.00%	1.31%	1.70%	1.21%	2.42%	0.60%	-0.31%	2.25%	0.66%	1.54%
Return On Investment Capital (ROIC_SIMPLE)	-	3.63%	-	-	-	2.44%	-	-	-	1.07%	1.56%
Cost of Revenue to Revenue	22.84%	-38.52%	10.26%	32.39%	27.13%	54.22%	36.54%	39.37%	35.65%	40.77%	38.14%
SG&A Expenses to Revenue	2.25%	4.22%	2.18%	3.11%	3.20%	5.07%	3.91%	2.85%	3.28%	4.64%	4.64%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	19.38%	105.28%	54.40%	47.37%	33.53%	21.80%	44.12%	37.67%	40.74%	46.53%	40.24%
Earnings before Interest and Taxes (EBIT)	771	317	297	157	386	193	166	211	175	122	146
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	989	522	495	376	627	409	380	429	401	340	342
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.09	1.25	1.07	1.10	1.29	1.18	1.31	1.17	0.97	0.84	0.81
Price to Tangible Book Value (P/TBV)	1.09	1.25	1.07	1.10	1.29	1.18	1.31	1.17	0.97	0.84	0.81
Price to Revenue (P/Rev)	1.39	1.58	1.31	1.47	1.92	1.82	2.04	1.83	1.59	1.44	1.43
Price to Earnings (P/E)	5.51	6.45	4.34	5.67	9.24	9.54	12.42	10.59	10.76	10.71	10.62
Dividend Yield	2.12%	2.68%	3.39%	3.52%	3.01%	2.69%	2.50%	2.81%	3.48%	4.01%	4.31%
Earnings Yield	18.16%	15.50%	23.03%	17.64%	10.83%	10.49%	8.05%	9.44%	9.29%	9.33%	9.42%
Enterprise Value to Invested Capital (EV/IC)	1.07	1.19	1.06	1.08	1.23	1.14	1.25	1.14	0.98	0.87	0.85
Enterprise Value to Revenue (EV/Rev)	1.86	1.96	1.70	1.88	2.31	2.17	2.39	2.16	1.95	1.77	1.86
Enterprise Value to EBITDA (EV/EBITDA)	2.91	3.23	2.60	3.10	4.11	3.94	4.55	4.00	3.87	3.46	3.56
Enterprise Value to EBIT (EV/EBIT)	4.33	4.82	3.70	4.78	7.17	7.27	9.03	7.71	8.40	7.96	8.23
Enterprise Value to NOPAT (EV/NOPAT)	5.55	6.18	4.74	6.15	9.16	9.15	11.55	9.99	10.13	10.32	10.67
Enterprise Value to Operating Cash Flow (EV/OCF)	3.42	3.54	3.39	3.74	4.86	4.29	4.36	3.95	3.40	3.10	3.30
Enterprise Value to Free Cash Flow (EV/FCFF)	6.94	7.57	8.20	11.07	14.47	10.16	7.97	6.51	6.48	6.04	8.37
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.41	0.35	0.34	0.34	0.29	0.24	0.24	0.23	0.24	0.24	0.28
Long-Term Debt to Equity	0.41	0.35	0.34	0.34	0.29	0.24	0.24	0.23	0.24	0.24	0.28
Financial Leverage	0.40	0.34	0.37	0.33	0.27	0.22	0.23	0.22	0.21	0.17	0.19
Leverage Ratio	2.29	2.18	2.18	2.11	1.94	1.88	1.84	1.85	1.80	1.78	1.81
Compound Leverage Factor	2.18	1.94	1.97	1.71	1.79	1.65	1.62	1.67	1.58	1.15	1.52
Debt to Total Capital	29.31%	26.15%	25.58%	25.29%	22.24%	19.32%	19.49%	18.87%	19.15%	19.27%	21.85%
Short-Term Debt to Total Capital	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Long-Term Debt to Total Capital	29.30%	26.14%	25.57%	25.28%	22.23%	19.31%	19.48%	18.86%	19.14%	19.26%	21.84%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	2.47%	2.21%	2.34%	2.14%	2.44%	2.72%	2.76%	2.64%	2.33%	2.23%	2.33%
Common Equity to Total Capital	68.21%	71.64%	72.07%	72.57%	75.32%	77.96%	77.75%	78.49%	78.53%	78.50%	75.82%
Debt to EBITDA	0.86	0.76	0.66	0.77	0.78	0.70	0.74	0.69	0.79	0.82	0.98
Net Debt to EBITDA	0.66	0.56	0.55	0.61	0.62	0.53	0.56	0.51	0.62	0.55	0.72
Long-Term Debt to EBITDA	0.86	0.76	0.66	0.77	0.78	0.70	0.74	0.69	0.79	0.82	0.98
Debt to NOPAT	1.63	1.46	1.20	1.52	1.74	1.62	1.88	1.74	2.07	2.46	2.93
Net Debt to NOPAT	1.26	1.07	1.00	1.21	1.38	1.23	1.43	1.28	1.63	1.64	2.15
Long-Term Debt to NOPAT	1.63	1.46	1.20	1.52	1.74	1.62	1.88	1.73	2.07	2.45	2.92
Altman Z-Score	1.96	2.00	2.01	1.98	2.33	2.24	2.36	2.19	2.04	1.92	1.83
Noncontrolling Interest Sharing Ratio	3.73%	3.35%	3.56%	3.34%	3.30%	3.19%	3.29%	3.06%	3.01%	3.07%	3.21%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.78	0.77	0.78	0.84	0.99	0.89	0.93	0.82	0.71	0.83	0.76
Quick Ratio	0.70	0.70	0.69	0.75	0.88	0.78	0.83	0.72	0.60	0.74	0.67
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	342	23	-404	-415	-38	86	440	547	525	439	244
Operating Cash Flow to CapEx	218.47%	277.28%	81.02%	134.47%	198.02%	307.62%	160.10%	174.63%	198.23%	247.93%	81.31%
Free Cash Flow to Firm to Interest Expense	9.13	0.67	-14.00	-13.89	-1.25	3.65	21.96	26.07	24.68	10.05	10.37
Operating Cash Flow to Interest Expense	19.22	14.47	9.70	15.74	15.21	22.93	19.92	22.28	20.18	9.93	12.78
Operating Cash Flow Less CapEx to Interest Expense	10.42	9.25	-2.27	4.03	7.53	15.48	7.48	9.52	10.00	5.92	-2.94
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.36	0.38	0.41	0.38	0.36	0.34	0.34	0.34	0.33	0.31	0.30
Accounts Receivable Turnover	12.94	12.11	11.01	8.44	8.49	9.41	9.09	9.12	8.85	9.82	9.07
Inventory Turnover	19.45	7.08	15.18	15.06	16.08	19.62	22.51	23.21	23.97	21.06	18.46
Fixed Asset Turnover	0.45	0.48	0.51	0.47	0.44	0.42	0.41	0.41	0.39	0.37	0.35
Accounts Payable Turnover	1.86	0.66	1.28	1.27	1.85	2.16	2.54	2.43	3.04	2.50	2.18
Days Sales Outstanding (DSO)	28.22	30.13	33.16	43.25	43.00	38.77	40.16	40.04	41.23	37.15	40.25
Days Inventory Outstanding (DIO)	18.77	51.57	24.04	24.23	22.70	18.60	16.22	15.72	15.23	17.33	19.78
Days Payable Outstanding (DPO)	195.87	553.58	285.01	286.61	197.57	169.12	143.66	150.26	120.18	145.73	167.80
Cash Conversion Cycle (CCC)	-148.89	-471.87	-227.81	-219.13	-131.86	-111.74	-87.28	-94.50	-63.72	-91.25	-107.77
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	6,430	6,480	6,816	6,844	6,762	6,562	6,498	6,449	6,414	6,194	6,360
Invested Capital Turnover	0.59	0.62	0.65	0.60	0.54	0.53	0.51	0.51	0.49	0.47	0.45
Increase / (Decrease) in Invested Capital	247	230	641	534	332	82	-317	-395	-348	-368	-138
Enterprise Value (EV)	6,872	7,712	7,193	7,380	8,300	7,508	8,149	7,367	6,255	5,362	5,382
Market Capitalization	5,143	6,226	5,514	5,771	6,878	6,310	6,954	6,242	5,091	4,362	4,142
Book Value per Share	$30.29	$32.13	$32.98	$33.53	$34.20	$34.72	$34.74	$34.89	$34.79	$35.62	$35.11
Tangible Book Value per Share	$30.29	$32.13	$32.98	$33.53	$34.20	$34.72	$34.74	$34.89	$34.79	$35.62	$35.11
Total Capital	6,903	6,972	7,128	7,213	7,090	6,879	6,822	6,783	6,685	6,617	6,753
Total Debt	2,024	1,823	1,824	1,824	1,577	1,329	1,329	1,280	1,280	1,275	1,476
Total Long-Term Debt	2,023	1,822	1,823	1,824	1,576	1,328	1,329	1,279	1,279	1,275	1,475
Net Debt	1,558	1,331	1,511	1,455	1,249	1,012	1,006	946	1,009	852	1,083
Capital Expenditures (CapEx)	329	181	345	349	230	177	249	268	216	175	370
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-726	-777	-538	-534	-332	-411	-380	-503	-526	-580	-629
Debt-free Net Working Capital (DFNWC)	-260	-285	-225	-165	-4.67	-94	-57	-169	-254	-157	-236
Net Working Capital (NWC)	-261	-286	-226	-165	-5.38	-94	-57	-170	-255	-158	-237
Net Nonoperating Expense (NNE)	15	33	23	28	17	28	7.59	-3.71	25	6.19	16
Net Nonoperating Obligations (NNO)	1,550	1,331	1,511	1,455	1,249	1,012	1,006	946	1,009	852	1,083
Total Depreciation and Amortization (D&A)	217	205	198	218	240	215	214	219	226	217	196
Debt-free, Cash-free Net Working Capital to Revenue	-19.63%	-19.75%	-12.75%	-13.58%	-9.26%	-11.87%	-11.12%	-14.78%	-16.41%	-19.16%	-21.71%
Debt-free Net Working Capital to Revenue	-7.04%	-7.24%	-5.34%	-4.19%	-0.13%	-2.71%	-1.65%	-4.98%	-7.94%	-5.17%	-8.15%
Net Working Capital to Revenue	-7.05%	-7.26%	-5.36%	-4.20%	-0.15%	-2.73%	-1.68%	-5.00%	-7.97%	-5.20%	-8.18%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$3.40	$1.29	$1.23	$0.63	$1.64	$0.76	$0.59	$0.84	$0.93	$0.35	$0.51
Adjusted Weighted Average Basic Shares Outstanding	155.45M	155.28M	155.86M	156.13M	155.45M	155.23M	152.66M	152.15M	149.38M	150.01M	144.28M
Adjusted Diluted Earnings per Share	$3.36	$1.27	$1.22	$0.62	$1.63	$0.75	$0.59	$0.83	$0.93	$0.35	$0.50
Adjusted Weighted Average Diluted Shares Outstanding	157.34M	157.47M	157.39M	157.30M	156.83M	156.65M	153.82M	153.14M	150.35M	151.03M	145.07M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	155.46M	155.76M	156.10M	156.16M	154.47M	152.76M	152.58M	150.89M	145.84M	145.86M	142.72M
Normalized Net Operating Profit after Tax (NOPAT)	589	253	237	120	295	168	150	153	177	94	106
Normalized NOPAT Margin	45.23%	25.96%	28.23%	14.70%	30.72%	19.86%	18.79%	19.00%	23.28%	14.04%	15.85%
Pre Tax Income Margin	56.31%	28.99%	31.89%	15.63%	37.13%	20.04%	18.28%	23.62%	20.29%	11.71%	18.44%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	20.60	9.16	10.28	5.26	12.88	8.16	8.27	10.03	8.24	2.80	6.22
NOPAT to Interest Expense	15.74	7.31	8.22	4.01	9.83	7.10	6.11	7.27	8.31	1.62	4.49
EBIT Less CapEx to Interest Expense	11.81	3.94	-1.68	-6.44	5.20	0.70	-4.17	-2.73	-1.94	-1.21	-9.50
NOPAT Less CapEx to Interest Expense	6.95	2.09	-3.75	-7.69	2.15	-0.36	-6.34	-5.49	-1.87	-2.39	-11.23
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	25.89%	27.33%	21.20%	24.32%	28.01%	27.69%	34.70%	36.50%	50.64%	61.37%	61.52%
Augmented Payout Ratio	25.89%	27.33%	21.20%	24.32%	37.33%	48.42%	66.75%	73.67%	117.42%	123.31%	137.71%

Key Financial Trends

Murphy Oil’s Q1 2025 results show some operational efficiencies but also continued pressure on revenues and earnings compared with prior periods. Here are the key takeaways:

EBITDA margin rose to 51.4% in Q1 2025 from 50.6% in Q4 2024, reflecting improved operating efficiency.
Cost of revenue as a percentage of sales improved to 38.1% in Q1 2025, down from 40.8% in Q4 2024.
Quarterly dividend was increased to $0.325 per share in Q1 2025 from $0.30 in Q4 2024, maintaining a generous payout.
Net debt to EBITDA remains low at 0.72x, supporting the company’s conservative leverage profile.
Capital expenditures rose to $369.8 million in Q1 2025 as the company invests in its asset base for future growth.
Free cash flow to firm was $243.9 million in the quarter, providing flexibility for dividends, debt reduction or reinvestment.
Ending cash & equivalents of $392.9 million offers a strong liquidity buffer to navigate market volatility.
Total revenue declined 16.4% year-over-year to $665.7 million in Q1 2025, reflecting lower commodity prices and sales volumes.
Net income to common shareholders fell 8.8% year-over-year to $73.0 million, with EPS down to $0.50 (diluted) from $0.59.
Operating income slipped to $143.9 million in Q1 2025 from $154.1 million a year earlier as cost savings only partially offset lower top-line.

06/19/25 10:08 AMAI Generated. May Contain Errors.

Frequently Asked Questions About Murphy Oil's Financials

When does Murphy Oil's fiscal year end?

According to the most recent income statement we have on file, Murphy Oil's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Murphy Oil's net income changed over the last 9 years?

Murphy Oil's net income appears to be on a downward trend, with a most recent value of $486.49 million in 2024, falling from -$2.27 billion in 2015. The previous period was $723.68 million in 2023. View Murphy Oil's forecast to see where analysts expect Murphy Oil to go next.

What is Murphy Oil's operating income?

Murphy Oil's total operating income in 2024 was $602.59 million, based on the following breakdown:

Total Gross Profit: $1.88 billion
Total Operating Expenses: $1.27 billion

How has Murphy Oil's revenue changed over the last 9 years?

Over the last 9 years, Murphy Oil's total revenue changed from $2.79 billion in 2015 to $3.03 billion in 2024, a change of 8.7%.

How much debt does Murphy Oil have?

Murphy Oil's total liabilities were at $4.33 billion at the end of 2024, a 2.6% increase from 2023, and a 30.1% decrease since 2015.

How much cash does Murphy Oil have?

In the past 9 years, Murphy Oil's cash and equivalents has ranged from $283.18 million in 2015 to $964.99 million in 2017, and is currently $423.57 million as of their latest financial filing in 2024.

How has Murphy Oil's book value per share changed over the last 9 years?

Over the last 9 years, Murphy Oil's book value per share changed from 30.85 in 2015 to 35.62 in 2024, a change of 15.5%.

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This page (NYSE:MUR) was last updated on 6/19/2025 by MarketBeat.com Staff

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Murphy Oil (MUR) Financials

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Murphy Oil (MUR) Financials

Annual Income Statements for Murphy Oil

Quarterly Income Statements for Murphy Oil

Annual Cash Flow Statements for Murphy Oil

Quarterly Cash Flow Statements for Murphy Oil

Annual Balance Sheets for Murphy Oil

Quarterly Balance Sheets for Murphy Oil

Annual Metrics And Ratios for Murphy Oil

Quarterly Metrics And Ratios for Murphy Oil

Key Financial Trends

Frequently Asked Questions About Murphy Oil's Financials

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Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools