MUR FY 2006 Earnings Report — Murphy Oil Corporation Revenue & Financial Results | Market Cap Arena

Murphy Oil CorporationMUR

FY 2006 Earnings

Reported March 1, 2007

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2006	Prior Q	FY 2005	QoQ Change	YoY Change
Revenue	$14.3B	—	—	—	—
Op. Income	$1.0B	—	—	—	—
Gross Margin	12.4%	—	—	—	—
Net Margin	4.5%	—	—	—	—
EPS (Diluted)	$3.41	—	—	—	—
Free Cash Flow	-$229M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$14.3B
Cost of Revenue	$12.5B
GROSS PROFIT	$1.8B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$229M
Other Expenses	$384M
Operating Expenses	$613M
Cost & Expenses	$13.1B
OPERATING INCOME	$1.0B
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	-$91M
INCOME BEFORE TAX	$1.0B
Income Tax Expense	$390M
Net Income from Continuing Ops	$638M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$638M
Net Income Deductions	-$6M
BOTTOM LINE NET INCOME	$645M
D&A	$407M
EBIT	$1.2B
EBITDA	$1.6B
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$14.3B
Cost of Revenue	$12.5B
GROSS PROFIT	$1.8B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$229M
Other Expenses	$384M
Operating Expenses	$613M
Cost & Expenses	$13.1B
OPERATING INCOME	$1.0B
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	-$91M
INCOME BEFORE TAX	$1.0B
Income Tax Expense	$390M
Net Income from Continuing Ops	$638M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$638M
Net Income Deductions	-$6M
BOTTOM LINE NET INCOME	$645M
D&A	$407M
EBIT	$1.2B
EBITDA	$1.6B
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$638M
Depreciation & Amortization	$407M
Stock-Based Compensation	$0
Deferred Income Tax	$49M
Other Non-Cash Items	$39M
Change in Working Capital	-$275M
OPERATING CASH FLOW	$963M
Capital Expenditure	-$1.2B
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$13M
NET CASH FROM INVESTING	-$1.2B
Net Debt Issuance	$233M
Common Stock Repurchased	$0
Common Dividends Paid	-$98M
Other Financing Activities	$12M
NET CASH FROM FINANCING	$171M
FREE CASH FLOW	-$229M
Net Change in Cash	-$42M

Balance Sheet

Item	Amount
Cash & Equivalents	$543M
Short-Term Investments	$0
Net Receivables	$995M
Inventory	$411M
Other Current Assets	$21M
TOTAL CURRENT ASSETS	$2.1B
PP&E (Net)	$5.1B
Goodwill	$44M
Intangible Assets	$0
Long-Term Investments	-$20.9B
Tax Assets	$20.9B
Other Non-Current Assets	$188M
TOTAL NON-CURRENT ASSETS	$5.3B
TOTAL ASSETS	$7.4B
Account Payables	$1.0B
Short-Term Debt	$7M
Deferred Revenue	$81M
Other Current Liabilities	$214M
TOTAL CURRENT LIABILITIES	$1.3B
Long-Term Debt	$840M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$582M
Other Non-Current Liabilities	$636M
TOTAL NON-CURRENT LIABILITIES	$2.1B
TOTAL LIABILITIES	$3.4B
Common Stock	$188M
Additional Paid-In Capital	$455M
Retained Earnings	$3.3B
Treasury Stock	-$3M
Accum. Other Comp. Income	$129M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$4.1B
Minority Interest	$23M
TOTAL EQUITY	$4.1B
TOTAL LIABILITIES & EQUITY	$7.4B
Total Debt	$847M
Net Debt	$304M