Financials Murphy Oil Corporation

Equities

MUR

US6267171022

Oil & Gas Exploration and Production

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
46.44 USD +0.02% Intraday chart for Murphy Oil Corporation +0.98% +8.86%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 4,098 1,859 4,033 6,686 6,590 7,086 - -
Enterprise Value (EV) 1 6,594 4,536 5,977 8,017 7,602 7,677 7,410 7,008
P/E ratio 3.84 x -1.62 x -54.4 x 7.02 x 10.1 x 10.1 x 7.91 x 7.43 x
Yield 3.73% 5.17% 1.91% 1.92% 2.58% 2.58% 2.84% 3.02%
Capitalization / Revenue 1.45 x 0.94 x 1.75 x 1.7 x 1.9 x 2.16 x 1.98 x 1.97 x
EV / Revenue 2.33 x 2.31 x 2.6 x 2.04 x 2.2 x 2.34 x 2.07 x 1.95 x
EV / EBITDA 4.13 x 4.56 x 4.52 x 3.6 x 3.64 x 3.87 x 3.29 x 3.07 x
EV / FCF -6.18 x -64.7 x 10.9 x 7.52 x 11.1 x 8.47 x 8.26 x 7.71 x
FCF Yield -16.2% -1.54% 9.19% 13.3% 8.98% 11.8% 12.1% 13%
Price to Book 0.75 x 0.44 x 0.97 x 1.34 x 1.25 x 1.25 x 1.13 x 1.03 x
Nbr of stocks (in thousands) 152,900 153,599 154,459 155,455 154,473 152,576 - -
Reference price 2 26.80 12.10 26.11 43.01 42.66 46.44 46.44 46.44
Announcement Date 1/30/20 1/28/21 1/27/22 1/26/23 1/25/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,829 1,967 2,299 3,933 3,460 3,285 3,582 3,596
EBITDA 1 1,596 993.8 1,322 2,229 2,088 1,984 2,254 2,284
EBIT 1 366.5 -79.94 561 1,348 969.9 1,035 1,282 1,198
Operating Margin 12.95% -4.06% 24.4% 34.27% 28.03% 31.51% 35.78% 33.31%
Earnings before Tax (EBT) 1 203.5 -1,549 42.89 1,450 921.1 1,014 1,375 1,270
Net income 1 1,150 -1,149 -73.66 965 661.6 695.3 892.1 856.7
Net margin 40.64% -58.39% -3.2% 24.54% 19.12% 21.16% 24.91% 23.82%
EPS 2 6.980 -7.480 -0.4800 6.130 4.220 4.597 5.869 6.250
Free Cash Flow 1 -1,067 -70.06 549.4 1,066 682.7 906.4 897.2 908.7
FCF margin -37.73% -3.56% 23.89% 27.11% 19.73% 27.59% 25.05% 25.27%
FCF Conversion (EBITDA) - - 41.57% 47.83% 32.69% 45.68% 39.8% 39.78%
FCF Conversion (Net income) - - - 110.49% 103.2% 130.36% 100.57% 106.07%
Dividend per Share 2 1.000 0.6250 0.5000 0.8250 1.100 1.200 1.317 1.404
Announcement Date 1/30/20 1/28/21 1/27/22 1/26/23 1/25/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 630.7 739 553 1,101 1,303 975.2 841.7 814.6 959.6 844.2 744.4 814 850.2 885.9 873.8
EBITDA 1 312.1 338.1 408.9 647.2 646.6 526.8 487.7 484.5 620.1 496.4 412.3 486.1 527.7 549.2 540.8
EBIT 1 104.8 165.9 252.3 436.1 429.4 270.1 298.4 196.4 365.6 169.1 216.1 296.3 297.3 303.9 333
Operating Margin 16.62% 22.45% 45.63% 39.61% 32.94% 27.7% 35.45% 24.11% 38.1% 20.03% 29.03% 36.4% 34.96% 34.3% 38.11%
Earnings before Tax (EBT) 1 174.9 261.3 -81.9 515.5 733.9 282.7 267.9 127.3 356.3 169.5 183.6 240.4 288 306.5 356
Net income 1 108.5 168.4 -113.3 350.6 528.4 199.4 191.6 98.29 255.3 116.3 129.8 163.5 187.8 202.7 202.3
Net margin 17.2% 22.79% -20.5% 31.84% 40.54% 20.45% 22.77% 12.07% 26.61% 13.77% 17.43% 20.09% 22.09% 22.89% 23.15%
EPS 2 0.7000 1.080 -0.7300 2.230 3.360 1.260 1.220 0.6200 1.630 0.7500 0.8462 1.099 1.283 1.379 1.349
Dividend per Share 2 0.1250 0.1250 0.1500 - 0.2500 - 0.2750 0.2750 0.2750 0.2750 0.3000 0.3000 0.3000 0.3000 0.3300
Announcement Date 11/4/21 1/27/22 5/4/22 8/4/22 11/3/22 1/26/23 5/3/23 8/3/23 11/2/23 1/25/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 2,497 2,678 1,944 1,331 1,012 592 324 -
Net Cash position 1 - - - - - - - 77.7
Leverage (Debt/EBITDA) 1.564 x 2.694 x 1.471 x 0.5971 x 0.4846 x 0.2982 x 0.1439 x -
Free Cash Flow 1 -1,067 -70.1 549 1,066 683 906 897 909
ROE (net income / shareholders' equity) 2.8% -23.7% 4.77% 19.2% 12.8% 12.2% 14% 13.1%
ROA (Net income/ Total Assets) 10.1% -10.3% -0.7% 9.36% 6.59% 7.04% 7.84% -
Assets 1 11,383 11,169 10,462 10,307 10,038 9,877 11,383 -
Book Value Per Share 2 35.80 27.40 26.90 32.10 34.20 37.20 41.20 45.00
Cash Flow per Share 2 9.040 5.230 9.220 13.80 11.20 12.40 13.90 13.60
Capex 1 1,344 873 688 1,114 1,066 975 1,094 1,104
Capex / Sales 47.52% 44.36% 29.93% 28.33% 30.81% 29.67% 30.53% 30.7%
Announcement Date 1/30/20 1/28/21 1/27/22 1/26/23 1/25/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
18
Last Close Price
46.44 USD
Average target price
52.92 USD
Spread / Average Target
+13.95%
Consensus
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  4. Financials Murphy Oil Corporation