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MUR

Murphy OilNYSE:MUR Stock Report

Last Price

US$31.87

Market Cap

US$4.9b

7D

3.4%

1Y

117.0%

Updated

16 Jan, 2022

Data

Company Financials +
MUR fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance0/6
Financial Health2/6
Dividends2/6

MUR Stock Overview

Murphy Oil Corporation operates as an oil and natural gas exploration and production company in the United States, Canada, and internationally.

Murphy Oil Competitors

Devon Energy

NYSE:DVN

US$34.1b

Continental Resources

NYSE:CLR

US$18.8b

Coterra Energy

NYSE:CTRA

US$18.1b

Chesapeake Energy

NasdaqGS:CHK

US$8.4b

Price History & Performance

Summary of all time highs, changes and price drops for Murphy Oil
Historical stock prices
Current Share PriceUS$31.87
52 Week HighUS$32.12
52 Week LowUS$11.66
Beta2.93
1 Month Change26.97%
3 Month Change12.58%
1 Year Change116.95%
3 Year Change13.30%
5 Year Change0.16%
Change since IPO207.18%

Recent News & Updates

Dec 28

Murphy Oil: Hurricane IDA Hurt Production In Q3 2021

Murphy Oil reported a net income of $108.46 million or a $0.70 per diluted share for the third quarter of 2021, beating analysts' expectations. The company produced 155.04 Boe/d in the second quarter, with 52% oil and 59% liquids. I recommend buying MUR below $25.

Dec 04
There's Been No Shortage Of Growth Recently For Murphy Oil's (NYSE:MUR) Returns On Capital

There's Been No Shortage Of Growth Recently For Murphy Oil's (NYSE:MUR) Returns On Capital

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...

Shareholder Returns

MURUS Oil and GasUS Market
7D3.4%4.6%-0.5%
1Y117.0%49.1%13.7%

Return vs Industry: MUR exceeded the US Oil and Gas industry which returned 49.1% over the past year.

Return vs Market: MUR exceeded the US Market which returned 13.7% over the past year.

Price Volatility

Is MUR's price volatile compared to industry and market?
MUR volatility
MUR Average Weekly Movement8.3%
Oil and Gas Industry Average Movement7.2%
Market Average Movement6.6%
10% most volatile stocks in US Market15.9%
10% least volatile stocks in US Market2.4%

Stable Share Price: MUR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: MUR's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1950675Roger Jenkinshttps://www.murphyoilcorp.com

Murphy Oil Corporation 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.

Murphy Oil Fundamentals Summary

How do Murphy Oil's earnings and revenue compare to its market cap?
MUR fundamental statistics
Market CapUS$4.92b
Earnings (TTM)-US$413.16m
Revenue (TTM)US$2.48b

2.0x

P/S Ratio

-11.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MUR income statement (TTM)
RevenueUS$2.48b
Cost of RevenueUS$499.19m
Gross ProfitUS$1.98b
ExpensesUS$2.39b
Earnings-US$413.16m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

Jan 27, 2022

Earnings per share (EPS)-2.67
Gross Margin79.86%
Net Profit Margin-16.67%
Debt/Equity Ratio63.5%

How did MUR perform over the long term?

See historical performance and comparison

Dividends

1.6%

Current Dividend Yield

-19%

Payout Ratio

Valuation

Is Murphy Oil undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: MUR ($31.87) is trading below our estimate of fair value ($69.88)

Significantly Below Fair Value: MUR is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: MUR is unprofitable, so we can't compare its PE Ratio to the US Oil and Gas industry average.

PE vs Market: MUR is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate MUR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MUR is good value based on its PB Ratio (1.2x) compared to the US Oil and Gas industry average (2.2x).


Future Growth

How is Murphy Oil forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

41.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MUR is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).

Earnings vs Market: MUR is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: MUR's is expected to become profitable in the next 3 years.

Revenue vs Market: MUR's revenue (14.3% per year) is forecast to grow faster than the US market (9.3% per year).

High Growth Revenue: MUR's revenue (14.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MUR's Return on Equity is forecast to be low in 3 years time (10.4%).


Past Performance

How has Murphy Oil performed over the past 5 years?

-27.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MUR is currently unprofitable.

Growing Profit Margin: MUR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MUR is unprofitable, and losses have increased over the past 5 years at a rate of 27% per year.

Accelerating Growth: Unable to compare MUR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MUR is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (17.4%).


Return on Equity

High ROE: MUR has a negative Return on Equity (-7.74%), as it is currently unprofitable.


Financial Health

How is Murphy Oil's financial position?


Financial Position Analysis

Short Term Liabilities: MUR's short term assets ($830.7M) do not cover its short term liabilities ($1.1B).

Long Term Liabilities: MUR's short term assets ($830.7M) do not cover its long term liabilities ($5.1B).


Debt to Equity History and Analysis

Debt Level: MUR's net debt to equity ratio (51.3%) is considered high.

Reducing Debt: MUR's debt to equity ratio has increased from 54.5% to 63.5% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable MUR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: MUR is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 14.6% per year.


Dividend

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

1.57%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: MUR's dividend (1.57%) is higher than the bottom 25% of dividend payers in the US market (1.32%).

High Dividend: MUR's dividend (1.57%) is low compared to the top 25% of dividend payers in the US market (3.44%).


Stability and Growth of Payments

Stable Dividend: MUR's dividend payments have been volatile in the past 10 years.

Growing Dividend: MUR's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: MUR is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: MUR's dividends in 3 years are forecast to be well covered by earnings (26.1% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.6yrs

Average management tenure


CEO

Roger Jenkins (59 yo)

8.42yrs

Tenure

US$13,180,178

Compensation

Mr. Roger W. Jenkins has been the Chief Executive Officer, President and Director of Murphy Oil Corporation since August 30, 2013. Mr. Jenkins served as Director at Noble Holding Corporation plc since Octo...


CEO Compensation Analysis

Compensation vs Market: Roger's total compensation ($USD13.18M) is above average for companies of similar size in the US market ($USD6.40M).

Compensation vs Earnings: Roger's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: MUR's management team is considered experienced (4.6 years average tenure).


Board Members

Experienced Board: MUR's board of directors are considered experienced (8.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: MUR insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Murphy Oil Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Murphy Oil Corporation
  • Ticker: MUR
  • Exchange: NYSE
  • Founded: 1950
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Implied Market Cap: US$4.923b
  • Shares outstanding: 154.46m
  • Website: https://www.murphyoilcorp.com

Number of Employees


Location

  • Murphy Oil Corporation
  • 9805 Katy Freeway
  • Suite G-200
  • Houston
  • Texas
  • 77024-7000
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/16 23:18
End of Day Share Price2022/01/14 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.