MURPHY OIL CORP (MUR)
US6267171022 - Common Stock
Taking everything into account, MUR scores 5 out of 10 in our fundamental rating. MUR was compared to 205 industry peers in the Oil, Gas & Consumable Fuels industry. Both the profitability and the financial health of MUR get a neutral evaluation. Nothing too spectacular is happening here. MUR has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year MUR was profitable.
MUR had a positive operating cash flow in the past year.
In multiple years MUR reported negative net income over the last 5 years.
MUR had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
The Return On Assets of MUR (4.87%) is comparable to the rest of the industry.
MUR has a Return On Equity of 9.01%. This is comparable to the rest of the industry: MUR outperforms 41.67% of its industry peers.
MUR has a Return On Invested Capital (6.97%) which is in line with its industry peers.
MUR had an Average Return On Invested Capital over the past 3 years of 9.25%. This is significantly below the industry average of 29.02%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.87% | ||
| ROE | 9.01% | ||
| ROIC | 6.97% |
ROA(3y)5.14%
ROA(5y)2.88%
ROE(3y)9.96%
ROE(5y)4.73%
ROIC(3y)9.25%
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 14.83%, MUR perfoms like the industry average, outperforming 53.92% of the companies in the same industry.
MUR's Profit Margin has declined in the last couple of years.
MUR has a Operating Margin of 24.50%. This is comparable to the rest of the industry: MUR outperforms 51.96% of its industry peers.
In the last couple of years the Operating Margin of MUR has grown nicely.
With a decent Gross Margin value of 71.13%, MUR is doing good in the industry, outperforming 78.92% of the companies in the same industry.
In the last couple of years the Gross Margin of MUR has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.5% | ||
| PM (TTM) | 14.83% | ||
| GM | 71.13% |
OM growth 3YN/A
OM growth 5Y16.04%
PM growth 3YN/A
PM growth 5Y-3.81%
GM growth 3Y1.22%
GM growth 5Y0.72%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), MUR is creating some value.
Compared to 1 year ago, MUR has less shares outstanding
The number of shares outstanding for MUR has been reduced compared to 5 years ago.
Compared to 1 year ago, MUR has an improved debt to assets ratio.
2.2 Solvency
MUR has an Altman-Z score of 2.09. This is not the best score and indicates that MUR is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.09, MUR is in the better half of the industry, outperforming 62.75% of the companies in the same industry.
MUR has a debt to FCF ratio of 1.36. This is a very positive value and a sign of high solvency as it would only need 1.36 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.36, MUR belongs to the top of the industry, outperforming 82.35% of the companies in the same industry.
MUR has a Debt/Equity ratio of 0.24. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of MUR (0.24) is better than 63.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 1.36 | ||
| Altman-Z | 2.09 |
ROIC/WACC0.88
WACC7.9%
2.3 Liquidity
MUR has a Current Ratio of 0.71. This is a bad value and indicates that MUR is not financially healthy enough and could expect problems in meeting its short term obligations.
MUR has a Current ratio of 0.71. This is in the lower half of the industry: MUR underperforms 75.98% of its industry peers.
A Quick Ratio of 0.65 indicates that MUR may have some problems paying its short term obligations.
The Quick ratio of MUR (0.65) is worse than 75.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.71 | ||
| Quick Ratio | 0.65 |
3. Growth
3.1 Past
MUR shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -30.08%.
MUR shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 29.31% yearly.
MUR shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -10.92%.
Measured over the past years, MUR shows a quite strong growth in Revenue. The Revenue has been growing by 14.35% on average per year.
EPS 1Y (TTM)-30.08%
EPS 3YN/A
EPS 5Y29.31%
EPS Q2Q%-53.46%
Revenue 1Y (TTM)-10.92%
Revenue growth 3Y20.85%
Revenue growth 5Y14.35%
Sales Q2Q%-21.03%
3.2 Future
Based on estimates for the next years, MUR will show a decrease in Earnings Per Share. The EPS will decrease by -3.73% on average per year.
The Revenue is expected to decrease by -5.01% on average over the next years.
EPS Next Y-31.37%
EPS Next 2Y-13.12%
EPS Next 3Y1.12%
EPS Next 5Y-3.73%
Revenue Next Year-9.7%
Revenue Next 2Y-5.13%
Revenue Next 3Y-0.08%
Revenue Next 5Y-5.01%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 8.55 indicates a reasonable valuation of MUR.
MUR's Price/Earnings ratio is a bit cheaper when compared to the industry. MUR is cheaper than 68.63% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.73. MUR is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 8.27, the valuation of MUR can be described as very reasonable.
MUR's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. MUR is cheaper than 68.63% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.83. MUR is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.55 | ||
| Fwd PE | 8.27 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MUR indicates a rather cheap valuation: MUR is cheaper than 81.37% of the companies listed in the same industry.
MUR's Price/Free Cash Flow ratio is rather cheap when compared to the industry. MUR is cheaper than 87.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.37 | ||
| EV/EBITDA | 3.11 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.29
EPS Next 2Y-13.12%
EPS Next 3Y1.12%
5. Dividend
5.1 Amount
MUR has a Yearly Dividend Yield of 4.26%, which is a nice return.
The stock price of MUR dropped by -20.75% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 7.08, MUR has a dividend in line with its industry peers.
MUR's Dividend Yield is rather good when compared to the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.26% |
5.2 History
The dividend of MUR has a limited annual growth rate of 2.13%.
MUR has paid a dividend for at least 10 years, which is a reliable track record.
MUR has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)2.13%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
MUR pays out 37.73% of its income as dividend. This is a sustainable payout ratio.
DP37.73%
EPS Next 2Y-13.12%
EPS Next 3Y1.12%
MURPHY OIL CORP
NYSE:MUR (12/20/2024, 8:26:05 PM)
After market: 28.23 0 (0%)28.23
+0.09 (+0.32%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners84.05%
Inst Owner Change0.48%
Ins Owners5.16%
Ins Owner Change0%
Market Cap4.12B
Analysts68.7
Price Target42.66 (51.12%)
Short Float %7.56%
Short Ratio6.74
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.26% |
Dividend Growth(5Y)2.13%
DP37.73%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7.4%
Min EPS beat(2)7.13%
Max EPS beat(2)7.68%
EPS beat(4)3
Avg EPS beat(4)1.86%
Min EPS beat(4)-9.83%
Max EPS beat(4)7.68%
EPS beat(8)6
Avg EPS beat(8)4.78%
EPS beat(12)9
Avg EPS beat(12)6.97%
EPS beat(16)12
Avg EPS beat(16)21.55%
Revenue beat(2)0
Avg Revenue beat(2)-1.99%
Min Revenue beat(2)-2.51%
Max Revenue beat(2)-1.47%
Revenue beat(4)1
Avg Revenue beat(4)-0.39%
Min Revenue beat(4)-2.58%
Max Revenue beat(4)5%
Revenue beat(8)5
Avg Revenue beat(8)2.85%
Revenue beat(12)8
Avg Revenue beat(12)6.69%
Revenue beat(16)9
Avg Revenue beat(16)1.12%
PT rev (1m)-4.05%
PT rev (3m)-15.61%
EPS NQ rev (1m)-24.66%
EPS NQ rev (3m)-51.91%
EPS NY rev (1m)-3.43%
EPS NY rev (3m)-20.33%
Revenue NQ rev (1m)-3.33%
Revenue NQ rev (3m)-14.49%
Revenue NY rev (1m)-0.38%
Revenue NY rev (3m)-4.55%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.55 | ||
| Fwd PE | 8.27 | ||
| P/S | 1.29 | ||
| P/FCF | 4.37 | ||
| P/OCF | 2.24 | ||
| P/B | 0.78 | ||
| P/tB | 0.78 | ||
| EV/EBITDA | 3.11 |
EPS(TTM)3.3
EY11.69%
EPS(NY)3.41
Fwd EY12.09%
FCF(TTM)6.46
FCFY22.87%
OCF(TTM)12.61
OCFY44.66%
SpS21.87
BVpS36
TBVpS36
PEG (NY)N/A
PEG (5Y)0.29
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.87% | ||
| ROE | 9.01% | ||
| ROCE | 8.85% | ||
| ROIC | 6.97% | ||
| ROICexc | 7.19% | ||
| ROICexgc | 7.19% | ||
| OM | 24.5% | ||
| PM (TTM) | 14.83% | ||
| GM | 71.13% | ||
| FCFM | 29.51% |
ROA(3y)5.14%
ROA(5y)2.88%
ROE(3y)9.96%
ROE(5y)4.73%
ROIC(3y)9.25%
ROIC(5y)N/A
ROICexc(3y)9.72%
ROICexc(5y)N/A
ROICexgc(3y)9.72%
ROICexgc(5y)N/A
ROCE(3y)11.75%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y36.32%
ROICexc growth 3YN/A
ROICexc growth 5Y36.32%
OM growth 3YN/A
OM growth 5Y16.04%
PM growth 3YN/A
PM growth 5Y-3.81%
GM growth 3Y1.22%
GM growth 5Y0.72%
F-Score5
Asset Turnover0.33
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 1.36 | ||
| Debt/EBITDA | 0.78 | ||
| Cap/Depr | 103.93% | ||
| Cap/Sales | 28.12% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 111.78% | ||
| Profit Quality | 198.99% | ||
| Current Ratio | 0.71 | ||
| Quick Ratio | 0.65 | ||
| Altman-Z | 2.09 |
F-Score5
WACC7.9%
ROIC/WACC0.88
Cap/Depr(3y)112.38%
Cap/Depr(5y)129.66%
Cap/Sales(3y)28.81%
Cap/Sales(5y)44.38%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-30.08%
EPS 3YN/A
EPS 5Y29.31%
EPS Q2Q%-53.46%
EPS Next Y-31.37%
EPS Next 2Y-13.12%
EPS Next 3Y1.12%
EPS Next 5Y-3.73%
Revenue 1Y (TTM)-10.92%
Revenue growth 3Y20.85%
Revenue growth 5Y14.35%
Sales Q2Q%-21.03%
Revenue Next Year-9.7%
Revenue Next 2Y-5.13%
Revenue Next 3Y-0.08%
Revenue Next 5Y-5.01%
EBIT growth 1Y-34.75%
EBIT growth 3YN/A
EBIT growth 5Y32.69%
EBIT Next Year50%
EBIT Next 3Y21.39%
EBIT Next 5Y13.03%
FCF growth 1Y-13.3%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-7.85%
OCF growth 3Y30.71%
OCF growth 5Y26.32%