MUR FY 2010 Earnings Report — Murphy Oil Corporation Revenue & Financial Results | Market Cap Arena

Murphy Oil CorporationMUR

FY 2010 Earnings

Reported February 28, 2011

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2010	Prior Q	FY 2009	QoQ Change	YoY Change
Revenue	$23.3B	—	—	—	—
Op. Income	$1.5B	—	—	—	—
Gross Margin	12.6%	—	—	—	—
Net Margin	3.4%	—	—	—	—
EPS (Diluted)	$4.13	—	—	—	—
Free Cash Flow	$713M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$23.3B
Cost of Revenue	$20.4B
GROSS PROFIT	$2.9B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$330M
Other Expenses	-$32M
Operating Expenses	$1.5B
Cost & Expenses	$21.9B
OPERATING INCOME	$1.5B
Interest Income	$18M
Interest Expense	$53M
Other Income/Expenses	-$85M
INCOME BEFORE TAX	$1.4B
Income Tax Expense	$616M
Net Income from Continuing Ops	$749M
Net Income from Discontinued Ops	$0
Other Adjustments	$49M
NET INCOME	$798M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$798M
D&A	$1.2B
EBIT	$1.4B
EBITDA	$2.5B
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$23.3B
Cost of Revenue	$20.4B
GROSS PROFIT	$2.9B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$330M
Other Expenses	-$32M
Operating Expenses	$1.5B
Cost & Expenses	$21.9B
OPERATING INCOME	$1.5B
Interest Income	$18M
Interest Expense	$53M
Other Income/Expenses	-$85M
INCOME BEFORE TAX	$1.4B
Income Tax Expense	$616M
Net Income from Continuing Ops	$749M
Net Income from Discontinued Ops	$0
Other Adjustments	$49M
NET INCOME	$798M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$798M
D&A	$1.2B
EBIT	$1.4B
EBITDA	$2.5B
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$798M
Depreciation & Amortization	$1.2B
Stock-Based Compensation	$0
Deferred Income Tax	$143M
Other Non-Cash Items	$151M
Change in Working Capital	$640M
OPERATING CASH FLOW	$3.1B
Capital Expenditure	-$2.4B
Acquisitions (Net)	-$40M
Purchases of Investments	-$2.4B
Sales/Maturities of Investments	$2.6B
Other Investing Activities	-$63M
NET CASH FROM INVESTING	-$2.3B
Net Debt Issuance	-$414M
Common Stock Repurchased	$0
Common Dividends Paid	-$201M
Other Financing Activities	$49M
NET CASH FROM FINANCING	-$566M
FREE CASH FLOW	$713M
Net Change in Cash	$235M

Balance Sheet

Item	Amount
Cash & Equivalents	$536M
Short-Term Investments	$617M
Net Receivables	$1.5B
Inventory	$762M
Other Current Assets	$81M
TOTAL CURRENT ASSETS	$3.6B
PP&E (Net)	$10.4B
Goodwill	$43M
Intangible Assets	$0
Long-Term Investments	-$80.5B
Tax Assets	$80.5B
Other Non-Current Assets	$272M
TOTAL NON-CURRENT ASSETS	$10.7B
TOTAL ASSETS	$14.2B
Account Payables	$2.2B
Short-Term Debt	$41.0K
Deferred Revenue	-$10.0K
Other Current Liabilities	$17M
TOTAL CURRENT LIABILITIES	$2.9B
Long-Term Debt	$939M
Deferred Revenue NC	-$1.2B
Deferred Tax Liabilities	$1.2B
Other Non-Current Liabilities	$951M
TOTAL NON-CURRENT LIABILITIES	$3.1B
TOTAL LIABILITIES	$6.0B
Common Stock	$193M
Additional Paid-In Capital	$768M
Retained Earnings	$6.8B
Treasury Stock	-$12M
Accum. Other Comp. Income	$449M
Other Equity	$50.0K
TOTAL STOCKHOLDERS' EQUITY	$8.2B
Minority Interest	$0
TOTAL EQUITY	$8.2B
TOTAL LIABILITIES & EQUITY	$14.2B
Total Debt	$939M
Net Debt	$404M