Financials Murphy Oil Corporation

Equities

MUR

US6267171022

Oil & Gas Exploration and Production

Real-time Estimate Cboe BZX Other stock markets 09:46:23 2024-05-02 EDT			5-day change	1st Jan Change
44.6 ^USD	+0.95%		-4.84%	+3.57%

12:27pm	Earnings Flash (MUR) MURPHY OIL CORPORATION Posts Q1 Revenue $796.4M, vs. Street Est of $742.6M	MT
12:27pm	Earnings Flash (MUR) MURPHY OIL CORPORATION Posts Q1 EPS $0.85, vs. Street Est of $0.82	MT

Valuation

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	4,098	1,859	4,033	6,686	6,590	6,741	-	-
Enterprise Value (EV) ¹	6,594	4,536	5,977	8,017	7,602	7,331	7,070	6,671
P/E ratio	3.84 x	-1.62 x	-54.4 x	7.02 x	10.1 x	9.7 x	7.52 x	7.06 x
Yield	3.73%	5.17%	1.91%	1.92%	2.58%	2.72%	2.98%	3.17%
Capitalization / Revenue	1.45 x	0.94 x	1.75 x	1.7 x	1.9 x	2.05 x	1.88 x	1.87 x
EV / Revenue	2.33 x	2.31 x	2.6 x	2.04 x	2.2 x	2.23 x	1.97 x	1.86 x
EV / EBITDA	4.13 x	4.56 x	4.52 x	3.6 x	3.64 x	3.7 x	3.15 x	2.92 x
EV / FCF	-6.18 x	-64.7 x	10.9 x	7.52 x	11.1 x	8.19 x	7.86 x	7.31 x
FCF Yield	-16.2%	-1.54%	9.19%	13.3%	8.98%	12.2%	12.7%	13.7%
Price to Book	0.75 x	0.44 x	0.97 x	1.34 x	1.25 x	1.19 x	1.07 x	0.98 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	44.18	44.18	44.18
Announcement Date	20-01-30	21-01-28	22-01-27	23-01-26	24-01-25	-	-	-

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	3,284	3,582	3,596
EBITDA ¹	1,596	993.8	1,322	2,229	2,088	1,979	2,248	2,285
EBIT ¹	366.5	-79.94	561	1,348	969.9	1,026	1,261	1,192
Operating Margin	12.95%	-4.06%	24.4%	34.27%	28.03%	31.25%	35.21%	33.16%
Earnings before Tax (EBT) ¹	203.5	-1,549	42.89	1,450	921.1	991.1	1,357	1,268
Net income ¹	1,150	-1,149	-73.66	965	661.6	684.4	884	855.8
Net margin	40.64%	-58.39%	-3.2%	24.54%	19.12%	20.84%	24.68%	23.8%
EPS ²	6.980	-7.480	-0.4800	6.130	4.220	4.556	5.877	6.262
Free Cash Flow ¹	-1,067	-70.06	549.4	1,066	682.7	895	899.3	912.3
FCF margin	-37.73%	-3.56%	23.89%	27.11%	19.73%	27.26%	25.11%	25.37%
FCF Conversion (EBITDA)	-	-	41.57%	47.83%	32.69%	45.22%	40.01%	39.93%
FCF Conversion (Net income)	-	-	-	110.49%	103.2%	130.78%	101.74%	106.6%
Dividend per Share ²	1.000	0.6250	0.5000	0.8250	1.100	1.200	1.317	1.401
Announcement Date	20-01-30	21-01-28	22-01-27	23-01-26	24-01-25	-	-	-

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	742.6	814	850.2	885.9	873.5
EBITDA ¹	312.1	338.1	408.9	647.2	646.6	526.8	487.7	484.5	620.1	496.4	408	482.7	527.7	549.4	541.1
EBIT ¹	104.8	165.9	252.3	436.1	429.4	270.1	298.4	196.4	365.6	169.1	209	303	287	296.5	333
Operating Margin	16.62%	22.45%	45.63%	39.61%	32.94%	27.7%	35.45%	24.11%	38.1%	20.03%	28.14%	37.22%	33.75%	33.46%	38.12%
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	169.8	232.4	288.5	307.2	358
Net income ¹	108.5	168.4	-113.3	350.6	528.4	199.4	191.6	98.29	255.3	116.3	124.4	159.9	188.1	203.2	202.9
Net margin	17.2%	22.79%	-20.5%	31.84%	40.54%	20.45%	22.77%	12.07%	26.61%	13.77%	16.75%	19.65%	22.13%	22.93%	23.23%
EPS ²	0.7000	1.080	-0.7300	2.230	3.360	1.260	1.220	0.6200	1.630	0.7500	0.8151	1.080	1.285	1.380	1.352
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	21-11-04	22-01-27	22-05-04	22-08-04	22-11-03	23-01-26	23-05-03	23-08-03	23-11-02	24-01-25	-	-	-	-	-

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	590	330	-
Net Cash position ¹	-	-	-	-	-	-	-	70.1
Leverage (Debt/EBITDA)	1.564 x	2.694 x	1.471 x	0.5971 x	0.4846 x	0.2981 x	0.1466 x	-
Free Cash Flow ¹	-1,067	-70.1	549	1,066	683	895	899	912
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	9,721	11,280	-
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%	29.68%	30.54%	30.7%
Announcement Date	20-01-30	21-01-28	22-01-27	23-01-26	24-01-25	-	-	-

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

Ratings for Murphy Oil Corporation

Trading Rating

Investor Rating

ESG Refinitiv

B-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

44.18 USD

Average target price

52.92 USD

Spread / Average Target

+19.78%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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