MUR

MKT CAP:$6B

Murphy Oil Corporation

Market Cap

$6B

Energy·Oil & Gas Exploration & Production·🇺🇸 United States·NYSE

Energy·Oil & Gas Exploration & Production·🇺🇸·NYSE

Stock Price

$39.55+$7.06 (+21.75%)

Apr 23, 2026

Company Details

Murphy Oil Corporation, together with its subsidiaries, operates as an oil and natural gas exploration and production company in the United States, Canada, and internationally. It explores for and produces crude oil, natural gas, and natura...

CEO

Eric Hambly

IPO Date

Mar 17, 1980

Website

www.murphyoilcorp.com

Key Metrics TTM

Revenue

$2.5B

-1.8% YoY

Net Income

$1.1B

EPS (Diluted)

$6.88

Free Cash Flow

-$654M

Revenue / Share

$16.19

Gross Margin

33.5%

Operating Margin

18.4%

Net Margin

44.3%

FCF Margin

-25.9%

P/S

2.2x

P/E

5.0x

Earnings Reports

Q4 2021

May 6, 2026

PENDING

FY 2023

Feb 23, 2024

$3.4B-18.3%EPS $4.22

FY 2022

Feb 27, 2023

$4.2BEPS $6.13

Q3 2021

Nov 4, 2021

$688MEPS $0.70

FY 2020

Feb 26, 2021

$1.8BEPS -$8.18

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 16	$437M	$26M	-$117M
Q3 16	$501M	$125M	$24M
Q4 16	$483M	$102M	$4M
Q1 17	$545M	$186M	$93M
Q2 17	$510M	$163M	$75M
Q3 17	$498M	$142M	$33M
Q4 17	$545M	$180M	$20M
Q1 18	$607M	$240M	$127M
Q2 18	$655M	$281M	$142M
Q3 18	$660M	$285M	$211M
Q4 18	$665M	$254M	$150M
Q1 19	$591M	$229M	$85M
Q2 19	$646M	$245M	$171M
Q3 19	$750M	$223M	$226M
Q4 20	$440M	$55M	-$156M
Q3 21	$688M	$323M	$223M

Valuation

Quarter	P/S	P/E
Q2 16	—	—
Q3 16	—	—
Q4 16	2.8x	—
Q1 17	2.5x	—
Q2 17	2.2x	—
Q3 17	2.2x	—
Q4 17	2.7x	—
Q1 18	2.0x	—
Q2 18	2.5x	—
Q3 18	2.4x	280.4x
Q4 18	1.6x	9.9x
Q1 19	1.9x	17.6x
Q2 19	1.6x	12.1x
Q3 19	1.3x	2.6x
Q4 20	0.8x	1.8x
Q3 21	1.5x	3.4x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q2 16	$70M	-$324M
Q3 16	$167M	-$10M
Q4 16	$320M	$175M
Q1 17	$306M	$94M
Q2 17	$286M	$66M
Q3 17	$227M	-$47M
Q4 17	$309M	$6M
Q1 18	$111M	-$136M
Q2 18	$221M	-$97M
Q3 18	$270M	$37M
Q4 18	$148M	-$860M
Q1 19	$217M	-$53M
Q2 19	$438M	-$1.2B
Q3 19	$498M	$147M
Q4 20	$225M	$76M
Q3 21	$405M	$286M

Capital Expenditures

Quarter	CapEx
Q2 16	$395M
Q3 16	$177M
Q4 16	$145M
Q1 17	$212M
Q2 17	$220M
Q3 17	$275M
Q4 17	$303M
Q1 18	$247M
Q2 18	$318M
Q3 18	$232M
Q4 18	$1.0B
Q1 19	$270M
Q2 19	$1.6B
Q3 19	$351M
Q4 20	$149M
Q3 21	$119M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 17	+26.6%	-19.2%
Q2 17	+16.5%	-21.7%
Q3 17	-0.5%	-2.3%
Q4 17	+12.8%	+9.6%
Q1 18	+11.4%	+6.2%
Q2 18	+28.6%	+18.2%
Q3 18	+32.4%	-3.5%
Q4 18	+22.0%	-1.9%
Q1 19	-2.7%	+5.4%
Q2 19	-1.4%	-7.4%
Q3 19	+13.7%	+16.7%
Q4 20	-33.8%	+15.7%
Q3 21	+16.4%	-8.3%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q2 16	$14M	3.3%
Q3 16	$12M	2.3%
Q4 16	$10M	2.1%
Q1 17	$8M	1.5%
Q2 17	$9M	1.7%
Q3 17	$12M	2.3%
Q4 17	$12M	2.2%
Q1 18	$8M	1.2%
Q2 18	$29M	4.4%
Q3 18	$0	0.0%
Q4 18	-$2M	-0.3%
Q1 19	$16M	2.6%
Q2 19	$14M	2.2%
Q3 19	$10M	1.3%
Q4 20	$0	0.0%
Q3 21	$4M	0.6%

OpEx Breakdown

Quarter	SG&A
Q2 16	$67M
Q3 16	$56M
Q4 16	$69M
Q1 17	$54M
Q2 17	$57M
Q3 17	$57M
Q4 17	$55M
Q1 18	$51M
Q2 18	$58M
Q3 18	$64M
Q4 18	$43M
Q1 19	$63M
Q2 19	$58M
Q3 19	$55M
Q4 20	$36M
Q3 21	$27M

Revenue Segments

Quarter	Oil And Gas Exploration And Production Segment
Q2 19	$647M
Q3 19	$754M
Q4 20	$442M
Q3 21	$690M

Revenue by Geography

Quarter	C	M	Other Regions	U
Q3 18	$107M	$201M	$20M	$349M
Q1 19	$119M	—	$3M	$469M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$481M	$0	$481M
Q2 22	$432M	$0	$432M
Q3 22	$466M	$0	$466M
Q4 22	$492M	$0	$492M
Q1 23	$312M	$0	$312M
Q2 23	$369M	$0	$369M
Q3 23	$328M	$0	$328M
Q4 23	$317M	$0	$317M
Q1 24	$323M	$0	$323M
Q2 24	$334M	$0	$334M
Q3 24	$271M	$0	$271M
Q4 24	$424M	$0	$424M
Q1 25	$393M	$0	$393M
Q2 25	$380M	$0	$380M
Q3 25	$426M	$0	$426M
Q4 25	$377M	$0	$377M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 16	173M	+0.4%	—
Q3 16	172M	-0.3%	—
Q4 16	172M	+0.0%	—
Q1 17	173M	+0.5%	+0.6%
Q2 17	173M	-0.3%	-0.1%
Q3 17	173M	+0.0%	+0.2%
Q4 17	173M	0.0%	+0.2%
Q1 18	175M	+1.2%	+0.9%
Q2 18	174M	-0.4%	+0.8%
Q3 18	174M	+0.1%	+0.9%
Q4 18	174M	+0.1%	+1.0%
Q1 19	174M	+0.1%	-0.1%
Q2 19	169M	-3.0%	-2.7%
Q3 19	161M	-4.9%	-7.6%
Q4 20	154M	-4.6%	-11.9%
Q3 21	156M	+1.5%	-10.6%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 16	$347.7K	1K
Q3 16	$397.9K	1K
Q4 16	$373.3K	1K
Q1 17	$420.9K	1K
Q2 17	$393.8K	1K
Q3 17	$385.0K	1K
Q4 17	$483.1K	1K
Q1 18	$538.1K	1K
Q2 18	$580.8K	1K
Q3 18	$584.9K	1K
Q4 18	$599.9K	1K
Q1 19	$533.0K	1K
Q2 19	$583.1K	1K
Q3 19	$677.2K	1K
Q4 20	$652.0K	675
Q3 21	$1M	675

Revenue / Employee