NYSE:MUR

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Average dividend payer and fair value.


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's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-2.8%

MUR

-2.0%

US Oil and Gas

0.9%

US Market


1 Year Return

-25.0%

MUR

-14.0%

US Oil and Gas

15.5%

US Market

Return vs Industry: MUR underperformed the US Oil and Gas industry which returned -14% over the past year.

Return vs Market: MUR underperformed the US Market which returned 15.5% over the past year.


Shareholder returns

MURIndustryMarket
7 Day-2.8%-2.0%0.9%
30 Day27.2%2.7%4.7%
90 Day20.1%1.8%6.6%
1 Year-21.8%-25.0%-10.9%-14.0%18.1%15.5%
3 Year-16.2%-25.0%-9.0%-17.4%48.0%38.5%
5 Year-45.3%-55.2%-24.3%-35.2%62.1%44.2%

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?

8.22x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: MUR ($23.73) is trading above our estimate of fair value ($21.21)

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


Price To Earnings Ratio

PE vs Industry: MUR is good value based on its PE Ratio (8.2x) compared to the Oil and Gas industry average (9.4x).

PE vs Market: MUR is good value based on its PE Ratio (8.2x) compared to the US market (18.2x).


Price to Earnings Growth Ratio

PEG Ratio: MUR's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: MUR is good value based on its PB Ratio (0.7x) compared to the US Oil and Gas industry average (0.8x).


Next Steps

Future Growth

How is Murphy Oil forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?

-33.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MUR's earnings are forecast to decline over the next 3 years (-33.6% per year).

Earnings vs Market: MUR's earnings are forecast to decline over the next 3 years (-33.6% per year).

High Growth Earnings: MUR's earnings are forecast to decline over the next 3 years.

Revenue vs Market: MUR's revenue (5% per year) is forecast to grow slower than the US market (7.3% per year).

High Growth Revenue: MUR's revenue (5% 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 (3.9%).


Next Steps

Past Performance

How has Murphy Oil performed over the past 5 years?

13.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MUR has a high level of non-cash earnings.

Growing Profit Margin: MUR became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: MUR has become profitable over the past 5 years, growing earnings by 13.1% per year.

Accelerating Growth: MUR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: MUR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-9.9%).


Return on Equity

High ROE: MUR's Return on Equity (9.7%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Murphy Oil's financial position?


Financial Position Analysis

Short Term Liabilities: MUR's short term assets ($1.1B) exceeds its short term liabilities ($932.9M)

Long Term Liabilities: MUR's short term assets ($1.1B) do not cover its long term liabilities (4.8B)


Debt to Equity History and Analysis

Debt Level: MUR's debt to equity ratio (46%) is considered high.

Reducing Debt: MUR's debt to equity ratio has increased from 43.2% to 46% over the past 5 years.

Debt Coverage: MUR's debt is well covered by operating cash flow (63.9%).

Interest Coverage: MUR's interest payments on its debt are well covered by EBIT (4.9x coverage).


Balance Sheet

Inventory Level: MUR has a high level of physical assets or inventory.

Debt Coverage by Assets: MUR's debt is not covered by short term assets (assets are 0.4x debt).


Next Steps

Dividend

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

4.21%

Current Dividend Yield


Dividend Yield vs Market

company4.2%marketbottom25%1.4%markettop25%3.7%industryaverage4.2%forecastin3Years4.2%

Current dividend yield vs market & industry

Notable Dividend: MUR's dividend (4.21%) is higher than the bottom 25% of dividend payers in the US market (1.43%).

High Dividend: MUR's dividend (4.21%) is in the top 25% of dividend payers in the US market (3.65%)


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 not increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (34.7%), MUR's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: MUR's dividends in 3 years are forecast to be covered by earnings (57.3% payout ratio).


Next Steps

Management

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

2.3yrs

Average management tenure


CEO

Roger Jenkins (57yo)

6.3yrs

Tenure

US$13,370,132

Compensation

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. Jenk ...


CEO Compensation Analysis

Compensation vs Market: Roger's total compensation ($USD13.37M) is above average for companies of similar size in the US market ($USD5.10M).

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


Management Age and Tenure

2.3yrs

Average Tenure

52.5yo

Average Age

Experienced Management: MUR's management team is considered experienced (2.3 years average tenure).


Board Age and Tenure

8.0yrs

Average Tenure

68.5yo

Average Age

Experienced Board: MUR's board of directors are considered experienced (8 years average tenure).


Insider Trading

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


Recent Insider Transactions

SellUS$22,10412 Nov 19
Walentin Mirosh
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares900
Max PriceUS$24.56
SellUS$232,08207 Nov 19
Thomas Mireles
EntityIndividual
Role
Chief Technology Officer
Senior Vice President of Technical Services
Shares9,668
Max PriceUS$24.64
SellUS$25,18715 Aug 19
Walentin Mirosh
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares1,360
Max PriceUS$18.52
SellUS$204,24010 May 19
Thomas Mireles
EntityIndividual
Role
Chief Technology Officer
Senior Vice President of Technical Services
Shares7,400
Max PriceUS$27.60
SellUS$242,03429 Mar 19
John Gardner
EntityIndividual
Role
Treasurer
VP & Treasurer
Shares8,364
Max PriceUS$28.94
SellUS$213,23810 Dec 18
John Gardner
EntityIndividual
Role
Treasurer
VP & Treasurer
Shares7,113
Max PriceUS$29.98

Ownership Breakdown

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


Management Team

  • Walter Compton (56yo)

    Executive VP & General Counsel

    • Tenure: 8.7yrs
    • Compensation: US$2.95m
  • David Looney (62yo)

    Executive VP & CFO

    • Tenure: 1.7yrs
    • Compensation: US$4.35m
  • John Gardner (50yo)

    VP & Treasurer

    • Tenure: 6.3yrs
  • Kelly Whitley (54yo)

    Vice President of Investor Relations & Communications

    • Tenure: 4.3yrs
  • Roger Jenkins (57yo)

    CEO, President & Director

    • Tenure: 6.3yrs
    • Compensation: US$13.37m
  • Mike McFadyen (51yo)

    Executive Vice President of Offshore

    • Tenure: 2.9yrs
    • Compensation: US$4.22m
  • Tom Mireles (46yo)

    Senior Vice President of Technical Services

    • Tenure: 1.2yrs
  • Gene Coleman (60yo)

    Consultant

    • Tenure: 0.6yrs
    • Compensation: US$4.41m
  • Eric Hambly (45yo)

    Executive Vice President of Onshore

    • Tenure: 1.2yrs
  • Maria Martinez (44yo)

    Vice President of Human Resources & Administration

    • Tenure: 1.2yrs

Board Members

  • T. Collins (72yo)

    Independent Director

    • Tenure: 6.3yrs
    • Compensation: US$306.05k
  • Neal Schmale (72yo)

    Independent Director

    • Tenure: 15.8yrs
    • Compensation: US$349.55k
  • Jim Kelley (70yo)

    Independent Director

    • Tenure: 13.3yrs
    • Compensation: US$315.05k
  • Claiborne Deming (65yo)

    Independent Non-Employee Chairman & Presiding Director

    • Tenure: 7.7yrs
    • Compensation: US$430.78k
  • Steven Cossé (71yo)

    Independent Director

    • Tenure: 8.3yrs
    • Compensation: US$321.05k
  • Val Mirosh (73yo)

    Independent Director

    • Tenure: 8.3yrs
    • Compensation: US$299.05k
  • Larry Dickerson (67yo)

    Independent Director

    • Tenure: 5.3yrs
    • Compensation: US$324.55k
  • Madison Murphy (61yo)

    Independent Director

    • Tenure: 26.8yrs
    • Compensation: US$361.55k
  • Roger Jenkins (57yo)

    CEO, President & Director

    • Tenure: 6.3yrs
    • Compensation: US$13.37m
  • Jeff Nolan (50yo)

    Director

    • Tenure: 7.3yrs
    • Compensation: US$329.05k

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$3.628b
  • Shares outstanding: 152.90m
  • Website: https://www.murphyoilcorp.com

Number of Employees


Location

  • Murphy Oil Corporation
  • 300 Peach Street
  • El Dorado
  • Arkansas
  • 71730
  • 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 gas exploration and production company in the United States, Canada, Malaysia, and internationally. It explores for and produces crude oil, natural gas, and na ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/18 23:49
End of Day Share Price2019/11/18 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.