Murphy Oil (MUR)
(Delayed Data from NYSE)
$36.02 USD
+0.72 (2.04%)
Updated Sep 19, 2024 04:00 PM ET
After-Market: $36.02 0.00 (0.00%) 7:58 PM ET
3-Hold of 5 3
A Value C Growth F Momentum B VGM
Company Summary
Houston, TX-based Murphy Oil Corporation was founded in 1950. The company is a global oil and gas exploration and production company. The company explores and produces crude oil, natural gas and natural gas liquids (NGL) worldwide. Previously, it had refining and marketing operations in both the U.S. and the UK. The company is currently transforming itself into an organization primarily engaged in oil and gas exploration and production (E&P) activities from an integrated oil company.
For reporting purposes, Murphy's exploration and production activities were subdivided into three geographic segments that include the United States, ...
Company Summary
Houston, TX-based Murphy Oil Corporation was founded in 1950. The company is a global oil and gas exploration and production company. The company explores and produces crude oil, natural gas and natural gas liquids (NGL) worldwide. Previously, it had refining and marketing operations in both the U.S. and the UK. The company is currently transforming itself into an organization primarily engaged in oil and gas exploration and production (E&P) activities from an integrated oil company.
For reporting purposes, Murphy's exploration and production activities were subdivided into three geographic segments that include the United States, Canada and all other countries. Additionally, the Corporate segment includes interest income, interest expense, foreign exchange effects, corporate risk management activities and administrative costs not allocated to the exploration and production segments.
In 2023, United States, Canada, all other countries and Corporate contributed 84.6%, 15%, 0.3% and 0.1% to total revenues. Some of the important fields in which Murphy operates or has a working interest are as follows: the Eagle Ford Shale and the Gulf of Mexico (GoM) in the U.S., Hibernia, Terra Nova, Kaybob Duvernay and Placid Montney in Canada. In addition, the company has a presence in Brunei, Equatorial Guinea, Indonesia, Namibia and Vietnam.
Murphy exited 2023 with proved reserves of 739.5 million barrels of oil equivalent (MMboe), with 42.4% liquids, up 3.4% from 715.4 MMboe at 2022-end. The company achieved a total reserve replacement of 134% in 2023. It is in on course to achieve greenhouse gas emissions reduction goal of 15-20% by 2030 from 2019 levels, excluding already divested Malaysia operations.
Murphy Oilinvested nearly $704 million in 2023 to convert proved undeveloped reserves to proved developed reserves. In the next three years, the company expects to spend in the range of $450-$700 million annually to convert current undeveloped proved reserves to the developed category. The anticipated level of spending in 2024 primarily includes drilling and development in Gulf of Mexico, Eagle Ford Shale, Tupper Montney and Vietnam areas.
At the end of 2023, Murphy Oil had 7,951 thousand net acres globally under its 100% interest, while the gross acreage globally, in which all or part of the working interest is owned by Murphy Oil, amounted to 13,061 thousand acres.
General Information
Murphy Oil Corporation
9805 KATY FWY SUITE G-200
HOUSTON, TX 77024
Phone: 281-675-9000
Fax: 870-864-6373
Web: http://www.murphyoilcorp.com
Email: investorrelations@murphyoilcorp.com
Industry | Oil and Gas - Exploration and Production - United States |
Sector | Oils-Energy |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 11/7/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 0.91 |
Current Year EPS Consensus Estimate | 3.70 |
Estimated Long-Term EPS Growth Rate | NA |
Exp Earnings Date | 11/7/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 35.30 |
52 Week High | 49.14 |
52 Week Low | 33.15 |
Beta | 2.21 |
20 Day Moving Average | 1,841,984.62 |
Target Price Consensus | 46.80 |
4 Week | -3.54 |
12 Week | -12.53 |
YTD | -15.57 |
4 Week | -5.95 |
12 Week | -16.06 |
YTD | -29.75 |
Shares Outstanding (millions) | 150.89 |
Market Capitalization (millions) | 5,434.96 |
Short Ratio | NA |
Last Split Date | 6/6/2005 |
Dividend Yield | 3.33% |
Annual Dividend | $1.20 |
Payout Ratio | 0.29 |
Change in Payout Ratio | -0.27 |
Last Dividend Payout / Amount | NA / $0.00 |
Fundamental Ratios
P/E (F1) | 9.97 |
Trailing 12 Months | 8.68 |
PEG Ratio | NA |
vs. Previous Year | 2.53% |
vs. Previous Quarter | -4.71% |
vs. Previous Year | -1.45% |
vs. Previous Quarter | 0.80% |
Price/Book | 1.00 |
Price/Cash Flow | 3.52 |
Price / Sales | 1.60 |
6/30/24 | 11.68 |
3/31/24 | 11.75 |
12/31/23 | 13.02 |
6/30/24 | 6.56 |
3/31/24 | 6.51 |
12/31/23 | 7.06 |
6/30/24 | 0.82 |
3/31/24 | 0.93 |
12/31/23 | 0.89 |
6/30/24 | 0.76 |
3/31/24 | 0.87 |
12/31/23 | 0.82 |
6/30/24 | 18.93 |
3/31/24 | 18.87 |
12/31/23 | 20.47 |
6/30/24 | 17.32 |
3/31/24 | 16.40 |
12/31/23 | 19.12 |
6/30/24 | 25.30 |
3/31/24 | 23.39 |
12/31/23 | 26.62 |
6/30/24 | 36.06 |
3/31/24 | 36.00 |
12/31/23 | 35.93 |
6/30/24 | 16.58 |
3/31/24 | 14.77 |
12/31/23 | 13.88 |
6/30/24 | 0.23 |
3/31/24 | 0.24 |
12/31/23 | 0.24 |
6/30/24 | 18.86 |
3/31/24 | 19.48 |
12/31/23 | 19.31 |