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Murphy Oil

DB:MUQ
Snowflake Description

Average dividend payer with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MUQ
DB
$4B
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Murphy Oil Corporation operates as an oil and gas exploration and production company in the United States, Canada, Malaysia, and internationally. The last earnings update was 76 days ago. More info.


Add to Portfolio Compare Print
  • Murphy Oil has significant price volatility in the past 3 months.
MUQ Share Price and Events
7 Day Returns
-9.1%
DB:MUQ
3.5%
DE Oil and Gas
-0.3%
DE Market
1 Year Returns
-25.7%
DB:MUQ
25.1%
DE Oil and Gas
-6.7%
DE Market
MUQ Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Murphy Oil (MUQ) -9.1% -2.3% -18.2% -25.7% -28.7% -59.7%
DE Oil and Gas 3.5% 4.4% 12% 25.1% 27.8% 73.4%
DE Market -0.3% 2.3% -2% -6.7% 11.3% 12.2%
1 Year Return vs Industry and Market
  • MUQ underperformed the Oil and Gas industry which returned 25.1% over the past year.
  • MUQ underperformed the Market in Germany which returned -6.7% over the past year.
Price Volatility
MUQ
Industry
5yr Volatility vs Market

MUQ Value

 Is Murphy Oil undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Murphy Oil to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Murphy Oil.

DB:MUQ Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 10 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.7%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:MUQ
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.92
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.924 (1 + (1- 21%) (94.97%))
1.413
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.41
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.413 * 5.96%)
8.65%

Discounted Cash Flow Calculation for DB:MUQ using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Murphy Oil is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:MUQ DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 8.65%)
2020 267.88 Analyst x4 246.55
2021 429.50 Analyst x2 363.83
2022 -231.70 Analyst x2 -180.64
2023 173.60 Analyst x1 124.57
2024 132.08 Est @ -23.92% 87.23
2025 110.05 Est @ -16.67% 66.90
2026 97.28 Est @ -11.6% 54.42
2027 89.45 Est @ -8.05% 46.06
2028 84.47 Est @ -5.57% 40.03
2029 81.23 Est @ -3.83% 35.43
Present value of next 10 years cash flows $884.36
DB:MUQ DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $81.23 × (1 + 0.23%) ÷ (8.65% – 0.23%)
$966.57
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $966.57 ÷ (1 + 8.65%)10
$421.59
DB:MUQ Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $884.36 + $421.59
$1,305.95
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $1,305.95 / 173.63
$7.52
DB:MUQ Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:MUQ represents 0.91743x of NYSE:MUR
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.91743x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 7.52 x 0.91743
€6.90
Value per share (EUR) From above. €6.90
Current discount Discount to share price of €20.00
= -1 x (€20.00 - €6.90) / €6.90
-189.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Murphy Oil is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Murphy Oil's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Murphy Oil's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:MUQ PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $1.82
NYSE:MUR Share Price ** NYSE (2019-07-17) in USD $21.8
Germany Oil and Gas Industry PE Ratio Median Figure of 5 Publicly-Listed Oil and Gas Companies 8.84x
Germany Market PE Ratio Median Figure of 419 Publicly-Listed Companies 20.05x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Murphy Oil.

DB:MUQ PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:MUR Share Price ÷ EPS (both in USD)

= 21.8 ÷ 1.82

12x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Murphy Oil is overvalued based on earnings compared to the DE Oil and Gas industry average.
  • Murphy Oil is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Murphy Oil's expected growth come at a high price?
Raw Data
DB:MUQ PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 12x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 10 Analysts
-1.7%per year
Europe Oil and Gas Industry PEG Ratio Median Figure of 56 Publicly-Listed Oil and Gas Companies 0.85x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

DB:MUQ PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 12x ÷ -1.7%

-7.01x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Murphy Oil earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Murphy Oil's assets?
Raw Data
DB:MUQ PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $28.50
NYSE:MUR Share Price * NYSE (2019-07-17) in USD $21.8
Germany Oil and Gas Industry PB Ratio Median Figure of 6 Publicly-Listed Oil and Gas Companies 1.3x
Germany Market PB Ratio Median Figure of 565 Publicly-Listed Companies 1.75x
DB:MUQ PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:MUR Share Price ÷ Book Value per Share (both in USD)

= 21.8 ÷ 28.50

0.76x

* Primary Listing of Murphy Oil.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Murphy Oil is good value based on assets compared to the DE Oil and Gas industry average.
X
Value checks
We assess Murphy Oil's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Murphy Oil has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

MUQ Future Performance

 How is Murphy Oil expected to perform in the next 1 to 3 years based on estimates from 10 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-1.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Murphy Oil expected to grow at an attractive rate?
  • Murphy Oil's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Murphy Oil's earnings are expected to decrease over the next 1-3 years, this is below the Germany market average.
  • Murphy Oil's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:MUQ Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:MUQ Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 10 Analysts -1.7%
DB:MUQ Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 10 Analysts 7.9%
Germany Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average -8.3%
Europe Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:MUQ Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 10 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:MUQ Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 3,854 2,601 1
2022-12-31 3,645 1,942 1
2021-12-31 3,197 1,861 179 7
2020-12-31 3,180 1,825 406 10
2019-12-31 2,709 1,492 220 9
DB:MUQ Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 2,781 1,326 314
2018-12-31 2,587 1,219 415
2018-09-30 2,292 1,139 -53
2018-06-30 2,143 994 -215
2018-03-31 1,966 933 -278
2017-12-31 2,079 1,128 -311
2017-09-30 1,981 1,139 -89
2017-06-30 1,956 1,079 -37
2017-03-31 1,890 863 -17
2016-12-31 1,863 601 -274
2016-09-30 1,980 370 -794
2016-06-30 2,160 755 -2,367

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Murphy Oil's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Murphy Oil's revenue is expected to grow by 7.9% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:MUQ Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 10 Analyst Estimates (S&P Global) See Below

All data from Murphy Oil Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:MUQ Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31 5.01 5.01 5.01 1.00
2022-12-31 4.60 4.60 4.60 1.00
2021-12-31 1.83 4.04 0.62 4.00
2020-12-31 2.44 5.09 0.82 5.00
2019-12-31 1.24 1.77 0.82 5.00
DB:MUQ Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 1.82
2018-12-31 2.40
2018-09-30 -0.30
2018-06-30 -1.24
2018-03-31 -1.61
2017-12-31 -1.80
2017-09-30 -0.52
2017-06-30 -0.22
2017-03-31 -0.10
2016-12-31 -1.59
2016-09-30 -4.61
2016-06-30 -13.74

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Murphy Oil is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Murphy Oil's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Murphy Oil has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

MUQ Past Performance

  How has Murphy Oil performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Murphy Oil's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Murphy Oil's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Murphy Oil has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Murphy Oil has become profitable in the last year making it difficult to compare the Europe Oil and Gas industry average.
Earnings and Revenue History
Murphy Oil's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Murphy Oil Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:MUQ Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 2,780.85 314.37 382.68
2018-12-31 2,586.63 414.62 315.48
2018-09-30 2,291.74 -52.50 337.19
2018-06-30 2,143.43 -214.58 330.86
2018-03-31 1,965.84 -277.85 324.60
2017-12-31 2,078.55 -310.94 318.05
2017-09-30 1,981.08 -88.96 324.27
2017-06-30 1,955.86 -37.22 314.50
2017-03-31 1,889.52 -16.96 342.50
2016-12-31 1,862.89 -273.94 348.14
2016-09-30 1,980.34 -794.40 513.35
2016-06-30 2,159.66 -2,366.90 567.90
2016-03-31 2,467.06 -2,458.79 607.79
2015-12-31 2,787.12 -2,255.77 723.07
2015-09-30 3,352.17 -1,230.58 706.68
2015-06-30 4,117.59 627.56 777.14
2015-03-31 4,756.88 859.22 862.81
2014-12-31 5,288.93 1,024.97 877.60
2014-09-30 5,401.85 763.50 929.27
2014-06-30 5,337.27 757.52 976.05
2014-03-31 5,294.97 874.74 921.91
2013-12-31 5,312.69 888.14 881.38
2013-09-30 609.87 795.86 802.55
2013-06-30 1,898.80 742.46 715.58
2013-03-31 -1,046.37 707.74 679.33
2012-12-31 4,608.56 806.49 630.46
2012-09-30 14,780.57 600.33 705.42

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Murphy Oil has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Murphy Oil used its assets less efficiently than the DE Oil and Gas industry average last year based on Return on Assets.
  • Murphy Oil has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Murphy Oil's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Murphy Oil has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

MUQ Health

 How is Murphy Oil's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Murphy Oil's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Murphy Oil is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Murphy Oil's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Murphy Oil's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Murphy Oil Company Filings, last reported 3 months ago.

DB:MUQ Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 5,326.68 3,102.32 286.28
2018-12-31 5,197.64 3,101.33 387.37
2018-09-30 4,766.93 2,775.40 947.73
2018-06-30 4,671.64 2,774.45 901.31
2018-03-31 4,692.31 2,773.55 938.62
2017-12-31 4,620.19 2,916.42 964.99
2017-09-30 4,980.13 2,771.79 997.21
2017-06-30 4,977.69 2,778.78 1,098.59
2017-03-31 4,958.48 2,777.54 1,087.40
2016-12-31 4,916.68 2,992.57 984.34
2016-09-30 5,085.59 2,771.19 871.03
2016-06-30 5,171.69 2,232.79 398.71
2016-03-31 5,205.09 3,202.82 569.15
2015-12-31 5,306.73 2,830.78 456.47
2015-09-30 6,028.45 3,114.69 1,293.76
2015-06-30 7,866.05 3,051.67 1,304.81
2015-03-31 8,204.48 2,382.51 1,369.10
2014-12-31 8,573.43 2,983.06 1,654.62
2014-09-30 8,402.51 3,644.96 1,134.21
2014-06-30 8,398.90 3,444.79 1,088.46
2014-03-31 8,304.08 3,446.27 1,020.62
2013-12-31 8,595.73 2,962.81 1,125.00
2013-09-30 8,918.05 2,604.99 1,323.73
2013-06-30 9,134.17 3,063.64 1,104.31
2013-03-31 9,138.49 2,507.36 1,332.64
2012-12-31 8,942.04 2,245.25 1,062.92
2012-09-30 9,616.76 1,184.63 1,308.30
  • Murphy Oil's level of debt (58.4%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (41.5% vs 58.4% today).
  • Debt is well covered by operating cash flow (42.6%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 4x coverage).
X
Financial health checks
We assess Murphy Oil's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Murphy Oil has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

MUQ Dividends

 What is Murphy Oil's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
4.59%
Current annual income from Murphy Oil dividends. Estimated to be 4.58% next year.
If you bought €2,000 of Murphy Oil shares you are expected to receive €92 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Murphy Oil's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.46%).
  • Murphy Oil's dividend is above the markets top 25% of dividend payers in Germany (3.85%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:MUQ Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 10 Analyst Estimates (S&P Global) See Below
Europe Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 56 Stocks 5.6%
Germany Market Average Dividend Yield Market Cap Weighted Average of 325 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:MUQ Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 1.00 6.00
2020-12-31 1.00 7.00
2019-12-31 1.00 7.00
DB:MUQ Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-04-03 1.000 3.867
2019-02-06 1.000 3.426
2018-10-03 1.000 3.431
2018-08-01 1.000 3.184
2018-04-04 1.000 3.191
2018-02-07 1.000 3.852
2017-10-04 1.000 3.435
2017-08-02 1.000 4.012
2017-04-05 1.000 3.871
2017-02-01 1.000 3.601
2016-10-05 1.000 3.301
2016-08-03 1.000 3.576
2016-04-06 1.400 4.650
2016-02-03 1.400 6.816
2015-10-07 1.400 5.892
2015-08-05 1.400 4.938
2015-04-01 1.400 3.299
2015-02-04 1.400 2.861
2014-10-01 1.400 2.804
2014-08-06 1.400 2.361
2014-04-02 1.250 1.970
2014-02-06 1.250 2.096
2013-10-02 1.250 2.012
2013-08-07 1.250 1.944
2013-04-03 1.250 1.966
2013-02-06 1.250 2.035
2012-10-03 1.250 2.105
2012-08-01 1.250 2.318
2012-04-03 1.100 2.223
2012-02-01 1.100 1.831
2011-10-05 1.100 2.004
2011-08-03 1.100 2.208
2011-04-06 1.100 1.625
2011-02-02 1.100 1.541
2010-10-06 1.100 1.596
2010-08-04 1.100 1.911
2010-04-07 1.000 1.835
2010-02-03 1.000 1.862
2009-10-07 1.000 1.737
2009-08-05 1.000 1.711
2009-04-01 1.000 1.882
2009-02-04 1.000 2.265
2008-09-30 1.000 2.193
2008-08-06 1.000 1.382

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • No dividend growth in 10 years.
Current Payout to shareholders
What portion of Murphy Oil's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.8x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.5x coverage).
X
Income/ dividend checks
We assess Murphy Oil's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Murphy Oil afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Murphy Oil has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

MUQ Management

 What is the CEO of Murphy Oil's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Roger Jenkins
COMPENSATION $13,370,132
AGE 57
TENURE AS CEO 5.9 years
CEO Bio

Mr. Roger W. Jenkins has been Board of Director at Noble Corporation plc since October 24, 2018. Mr. Jenkins serves as the Chief Executive Officer and President of Murphy Sarawak Oil Company Ltd. Mr. Jenkins serves as the President and Chief Executive Officer at Murphy Sabah Oil Co., Ltd. He has been the Chief Executive Officer and President at Murphy Oil Corporation since August 30, 2013. Mr. Jenkins served as the Chief Operating Officer of Murphy Oil Corporation from June 2012 to August 30, 2013 and served as its Executive Vice President. He served as the President of Murphy Exploration & Production Company since January 2009. He served as an Executive Vice President of Exploration & Production at Murphy Oil Corporation from August 2009 to August 2013. He joined Murphy Oil Corporation in 2001 and has held several positions in Malaysia where he oversaw the development of the Kikeh Field. He spent 17 years with a major oil company. In September 2007, he was named Senior Vice President, North America, with responsibility for all North American exploration and production operations. He has been a Director of Murphy Oil Corporation since August 30, 2013. He holds a bachelor’s degree in Petroleum Engineering from Louisiana State University in 1983. He received an MBA in Finance from Tulane University in 1994 and has completed the Advanced Management Program at Harvard Business School.

CEO Compensation
  • Roger's compensation has increased in line with Murphy Oil recently becoming profitable.
  • Roger's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Murphy Oil management team in years:

2
Average Tenure
52.5
Average Age
  • The average tenure for the Murphy Oil management team is less than 2 years, this suggests a new team.
Management Team

Roger Jenkins

TITLE
CEO, President & Director
COMPENSATION
$13M
AGE
57
TENURE
5.9 yrs

David Looney

TITLE
Executive VP & CFO
COMPENSATION
$4M
AGE
62
TENURE
1.3 yrs

Walter Compton

TITLE
Executive VP & General Counsel
COMPENSATION
$3M
AGE
56
TENURE
8.3 yrs

Mike McFadyen

TITLE
Executive Vice President of Offshore
COMPENSATION
$4M
AGE
51
TENURE
2.6 yrs

Gene Coleman

TITLE
Consultant
COMPENSATION
$4M
AGE
60
TENURE
0.3 yrs

Tom Mireles

TITLE
Senior Vice President of Technical Services
AGE
46
TENURE
0.8 yrs

Maria Martinez

TITLE
Vice President of Human Resources & Administration
AGE
44
TENURE
0.8 yrs

Kelly Whitley

TITLE
Vice President of Investor Relations & Communications
AGE
54
TENURE
4 yrs

Eric Hambly

TITLE
Executive Vice President of Onshore
AGE
45
TENURE
0.8 yrs

John Gardner

TITLE
VP & Treasurer
AGE
50
TENURE
5.9 yrs
Board of Directors Tenure

Average tenure and age of the Murphy Oil board of directors in years:

7.6
Average Tenure
68.5
Average Age
  • The tenure for the Murphy Oil board of directors is about average.
Board of Directors

Claiborne Deming

TITLE
Independent Non-Employee Chairman & Presiding Director
COMPENSATION
$431K
AGE
65
TENURE
7.3 yrs

Roger Jenkins

TITLE
CEO, President & Director
COMPENSATION
$13M
AGE
57
TENURE
5.9 yrs

Madison Murphy

TITLE
Director
COMPENSATION
$362K
AGE
61
TENURE
26.5 yrs

Neal Schmale

TITLE
Director
COMPENSATION
$350K
AGE
72
TENURE
15.5 yrs

Jim Kelley

TITLE
Director
COMPENSATION
$315K
AGE
70
TENURE
12.9 yrs

Val Mirosh

TITLE
Director
COMPENSATION
$299K
AGE
73
TENURE
7.9 yrs

Steven Cossé

TITLE
Director
COMPENSATION
$321K
AGE
71
TENURE
7.9 yrs

Jeff Nolan

TITLE
Director
COMPENSATION
$329K
AGE
50
TENURE
6.9 yrs

T. Collins

TITLE
Director
COMPENSATION
$306K
AGE
72
TENURE
5.9 yrs

Larry Dickerson

TITLE
Director
COMPENSATION
$325K
AGE
67
TENURE
4.9 yrs
Who owns this company?
Recent Insider Trading
  • Murphy Oil individual insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
10. May 19 Sell Thomas Mireles Individual 09. May 19 09. May 19 -7,400 €24.58 €-181,855
29. Mar 19 Sell John Gardner Individual 28. Mar 19 28. Mar 19 -8,364 €25.78 €-215,652
10. Dec 18 Sell John Gardner Individual 07. Dec 18 07. Dec 18 -7,113 €26.30 €-187,095
19. Nov 18 Buy Claiborne Deming Individual 19. Nov 18 19. Nov 18 10,000 €27.59 €275,931
X
Management checks
We assess Murphy Oil's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Murphy Oil has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

MUQ News

Simply Wall St News

MUQ Company Info

Description

Murphy Oil Corporation operates as an oil and gas exploration and production company in the United States, Canada, Malaysia, 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. Murphy Oil Corporation was founded in 1950 and is headquartered in El Dorado, Arkansas.

Details
Name: Murphy Oil Corporation
MUQ
Exchange: DB
Founded: 1950
$3,503,599,225
173,626,998
Website: http://www.murphyoilcorp.com
Address: Murphy Oil Corporation
300 Peach Street,
El Dorado,
Arkansas, 71730,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE MUR Common Stock New York Stock Exchange US USD 02. Jan 1968
DB MUQ Common Stock Deutsche Boerse AG DE EUR 02. Jan 1968
LSE 0K3S Common Stock London Stock Exchange GB USD 02. Jan 1968
Number of employees
Current staff
Staff numbers
1,108
Murphy Oil employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/17 21:29
End of day share price update: 2019/07/17 00:00
Last estimates confirmation: 2019/07/17
Last earnings filing: 2019/05/02
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.