NYSE:MUR

Stock Analysis Report

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Executive Summary

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


Snowflake Analysis

Unattractive dividend payer and overvalued.


Similar Companies

Share Price & News

How has Murphy Oil's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: MUR is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: MUR's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of US stocks.


Market Performance


7 Day Return

19.4%

MUR

10.2%

US Oil and Gas

1.8%

US Market


1 Year Return

-51.9%

MUR

-29.6%

US Oil and Gas

20.4%

US Market

Return vs Industry: MUR underperformed the US Oil and Gas industry which returned -33.4% over the past year.

Return vs Market: MUR underperformed the US Market which returned 19% over the past year.


Shareholder returns

MURIndustryMarket
7 Day19.4%10.2%1.8%
30 Day31.1%26.0%6.0%
90 Day-19.1%12.8%6.8%
1 Year-49.6%-51.9%-24.9%-29.6%23.2%20.4%
3 Year-54.1%-59.4%-29.9%-39.5%47.4%37.6%
5 Year-51.6%-60.7%-24.7%-39.7%91.9%70.8%

Long-Term Price Volatility Vs. Market

How volatile is Murphy Oil's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

0.4x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: MUR ($10.71) is trading above our estimate of fair value ($4.44)

Significantly Below Fair Value: MUR is trading above our estimate of fair value.


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 (0.4x) compared to the US Oil and Gas industry average (0.9x).


Next Steps

Future Growth

How is Murphy Oil forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?

66.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MUR is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: MUR is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: MUR is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: MUR's revenue (2.7% per year) is forecast to grow slower than the US market (10.2% per year).

High Growth Revenue: MUR's revenue (2.7% 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 (4.4%).


Next Steps

Past Performance

How has Murphy Oil performed over the past 5 years?

47.5%

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, but has reduced losses over the past 5 years at a rate of 47.5% 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 (-29.6%).


Return on Equity

High ROE: MUR has a negative Return on Equity (-26.23%), as it is currently unprofitable.


Next Steps

Financial Health

How is Murphy Oil's financial position?


Financial Position Analysis

Short Term Liabilities: MUR's short term assets ($733.7M) exceed its short term liabilities ($609.4M).

Long Term Liabilities: MUR's short term assets ($733.7M) do not cover its long term liabilities ($5.3B).


Debt to Equity History and Analysis

Debt Level: MUR's debt to equity ratio (66.2%) is considered high.

Reducing Debt: MUR's debt to equity ratio has increased from 51.7% to 66.2% 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: Insufficient data to determine if MUR has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if MUR has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

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

4.37%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: MUR's dividend (4.67%) is higher than the bottom 25% of dividend payers in the US market (1.5%).

High Dividend: MUR's dividend (4.67%) is in the top 25% of dividend payers in the US market (4.15%)


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 not forecast to be well covered by earnings (652.5% payout ratio).


Next Steps

Management

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

2.8yrs

Average management tenure


CEO

Roger Jenkins (58 yo)

7.25yrs

Tenure

US$18,804,373

Compensation

Mr. Roger W. Jenkins serves as the Chief Executive Officer and President at Murphy Oil Corporation since August 30, 2013 and serves as its Director since August 30, 2013. He has been Director at Noble Corp...


CEO Compensation Analysis

Compensation vs Market: Roger's total compensation ($USD18.80M) is above average for companies of similar size in the US market ($USD4.20M).

Compensation vs Earnings: Roger's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Roger Jenkins
CEO, President & Director7.25yrsUS$18.80m0.37%
$ 6.4m
David Looney
Executive VP & CFO0.67yrUS$4.75mno data
Eric Hambly
Executive Vice President of Operations0.42yrUS$3.94m0.018%
$ 312.2k
Kelly Whitley
Vice President of Investor Relations & Communications5.33yrsUS$328.03k0.0098%
$ 171.5k
Thomas Mireles
Senior Vice President of Technical Services2.17yrsno data0.013%
$ 228.4k
Maria Martinez
Vice President of Human Resources & Administration2.17yrsno data0.0040%
$ 69.5k
E. Botner
Senior VP0.42yrno data0.039%
$ 686.3k
John Gardner
VP & Treasurer7.25yrsno data0.015%
$ 265.5k
Christopher Hulse
VP & Controller3.42yrsno data0.0027%
$ 47.8k
Keith Caldwell
Executive Officer3.42yrsUS$1.64mno data

2.8yrs

Average Tenure

53yo

Average Age

Experienced Management: MUR's management team is considered experienced (2.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Roger Jenkins
CEO, President & Director7.25yrsUS$18.80m0.37%
$ 6.4m
T. Collins
Independent Director7.25yrsUS$301.03k0.018%
$ 310.4k
Neal Schmale
Independent Director16.83yrsUS$366.53k0.14%
$ 2.5m
James Kelley
Independent Director14.25yrsUS$315.05k0.040%
$ 697.7k
Claiborne Deming
Independent Non-Employee Chairman & Presiding Director8.67yrsUS$469.48k1.77%
$ 31.2m
Steven Cossé
Independent Director9.25yrsUS$336.03k0.073%
$ 1.3m
Walentin Mirosh
Independent Director9.25yrsUS$314.03k0.018%
$ 310.7k
Lawrence Dickerson
Independent Director6.25yrsUS$339.53k0.015%
$ 263.0k
Robert Murphy
Independent Director27.83yrsUS$386.96k2.2%
$ 38.6m
Laura Sugg
Independent Director5.75yrsUS$318.53k0.014%
$ 240.0k
Jeffrey Nolan
Independent Director8.25yrsUS$340.03k0.39%
$ 6.8m
Elisabeth Keller
Independent Director3.92yrsUS$302.01k0.49%
$ 8.7m

8.5yrs

Average Tenure

67yo

Average Age

Experienced Board: MUR's board of directors are considered experienced (8.5 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold 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 company bio, 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
  • Market Cap: US$1.756b
  • Shares outstanding: 153.60m
  • Website: https://www.murphyoilcorp.com

Number of Employees


Location

  • Murphy Oil Corporation
  • 300 Peach Street
  • PO Box 7000
  • El Dorado
  • Arkansas
  • 71730-7000
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MURNYSE (New York Stock Exchange)YesCommon StockUSUSDJan 1968
MUQDB (Deutsche Boerse AG)YesCommon StockDEEURJan 1968
0K3SLSE (London Stock Exchange)YesCommon StockGBUSDJan 1968

Biography

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 natu...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/24 23:48
End of Day Share Price2020/11/24 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.