Murphy Historical Income Statement

About Murphy Income Statement Analysis

Balance Sheet Statement Details

Cash Flow Statement Details

Financial Indicators Details

Valuation Indicators Details

Murphy Oil Income Statement Chart

At this time, Murphy Oil's Interest Expense is relatively stable compared to the past year. As of 11/25/2024, Total Operating Expenses is likely to grow to about 1.7 B, while Total Revenue is likely to drop slightly above 3.3 B.

Total Revenue

Total revenue comprises all receipts Murphy Oil generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Murphy Oil. It is also known as Murphy Oil overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Murphy Oil operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Murphy Oil is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Cost Of Revenue

Cost of Revenue is found on Murphy Oil income statement and represents the costs associated with goods and services Murphy Oil provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Murphy Oil income statement Correlations

Murphy Oil Account Relationship Matchups

Murphy Oil income statement Accounts

Pair Trading with Murphy Oil

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Murphy Oil position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Murphy Oil will appreciate offsetting losses from the drop in the long position's value.

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