Murphy Historical Income Statement

MUR Stock

USD 33.12 0.28 0.84%

Historical analysis of Murphy Oil income statement accounts such as Gross Profit of 1.4 B can show how well Murphy Oil performed in making a profits. Evaluating Murphy Oil income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Murphy Oil's future profits or losses.

Cash Flow Balance Sheet Income Statement

Oil Shock

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Murphy Oil latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Murphy Oil is a good buy for the upcoming year.

Net Income Gross Profit

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Murphy Oil. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

To learn how to invest in Murphy Stock, please use our How to Invest in Murphy Oil guide.

About Murphy Income Statement Analysis

Murphy Oil Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Murphy Oil shareholders. The income statement also shows Murphy investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

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 Other Operating Expenses Cost Of Revenue Total Operating Expenses

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.

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.

Most accounts from Murphy Oil's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Murphy Oil current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Murphy Oil. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

To learn how to invest in Murphy Stock, please use our How to Invest in Murphy Oil guide.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.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	237.6M	448.1M	1.6B	1.7B
Cost Of Revenue	1.5B	1.8B	1.9B	1.8B

Total Operating Expenses Cost Of Revenue

Murphy Oil income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Minority Interest	Discontinued Operations	Net Income From Continuing Ops	Non Recurring	Tax Provision	Interest Income	Non Operating Income Net Other	Extraordinary Items	Net Interest Income	Reconciled Depreciation	Selling And Marketing Expenses
Depreciation And Amortization		-0.02	0.22	0.39	0.22	0.16	0.22	0.55	0.18	0.34	-0.07	-0.41	-0.06	-0.12	0.85	0.66	0.02	-0.18	0.45	-0.48	-0.37	-0.42	0.03	0.25	0.36	0.32
Interest Expense	-0.02		-0.57	-0.57	-0.57	-0.38	-0.48	-0.41	-0.54	-0.64	-0.32	0.07	-0.31	-0.36	-0.26	-0.29	0.24	-0.36	-0.17	0.74	0.4	0.61	0.44	-0.88	0.07	0.08
Total Revenue	0.22	-0.57		0.77	1.0	0.62	0.63	0.62	0.99	0.65	0.46	0.01	0.39	0.59	0.47	0.43	-0.04	0.33	0.07	-0.49	-0.31	-0.48	-0.16	0.38	0.09	0.14
Gross Profit	0.39	-0.57	0.77		0.73	0.9	0.87	0.89	0.7	0.82	0.72	0.16	0.7	0.72	0.58	0.36	-0.04	0.62	-0.1	-0.46	-0.27	-0.48	-0.19	0.43	-0.1	0.06
Other Operating Expenses	0.22	-0.57	1.0	0.73		0.56	0.57	0.57	1.0	0.63	0.4	-0.03	0.33	0.54	0.47	0.44	-0.04	0.27	0.11	-0.51	-0.32	-0.48	-0.15	0.38	0.12	0.15
Operating Income	0.16	-0.38	0.62	0.9	0.56		0.93	0.85	0.54	0.6	0.89	0.41	0.87	0.82	0.28	0.06	-0.04	0.83	-0.4	-0.17	-0.04	-0.23	-0.13	0.21	-0.28	-0.02
Ebit	0.22	-0.48	0.63	0.87	0.57	0.93		0.93	0.55	0.63	0.85	0.26	0.85	0.77	0.42	0.26	0.0	0.81	-0.32	-0.25	-0.32	-0.37	-0.07	0.37	-0.18	-0.05
Ebitda	0.55	-0.41	0.62	0.89	0.57	0.85	0.93		0.54	0.66	0.7	0.07	0.7	0.61	0.67	0.46	0.01	0.62	-0.11	-0.39	-0.41	-0.47	-0.05	0.41	-0.02	0.08
Cost Of Revenue	0.18	-0.54	0.99	0.7	1.0	0.54	0.55	0.54		0.58	0.39	-0.02	0.31	0.53	0.43	0.42	-0.04	0.26	0.1	-0.48	-0.3	-0.45	-0.14	0.36	0.12	0.14
Total Operating Expenses	0.34	-0.64	0.65	0.82	0.63	0.6	0.63	0.66	0.58		0.46	0.02	0.48	0.5	0.57	0.38	-0.09	0.4	0.05	-0.42	-0.26	-0.43	-0.26	0.57	-0.12	-0.31
Income Before Tax	-0.07	-0.32	0.46	0.72	0.4	0.89	0.85	0.7	0.39	0.46		0.73	0.98	0.93	0.14	0.01	0.06	0.97	-0.72	0.0	-0.1	-0.1	-0.01	0.14	-0.18	-0.09
Total Other Income Expense Net	-0.41	0.07	0.01	0.16	-0.03	0.41	0.26	0.07	-0.02	0.02	0.73		0.7	0.7	-0.26	-0.29	0.08	0.72	-0.92	0.34	0.18	0.28	0.07	-0.24	-0.09	-0.11
Net Income	-0.06	-0.31	0.39	0.7	0.33	0.87	0.85	0.7	0.31	0.48	0.98	0.7		0.87	0.15	-0.04	0.07	0.98	-0.73	0.03	-0.1	-0.03	0.03	0.17	-0.24	-0.2
Income Tax Expense	-0.12	-0.36	0.59	0.72	0.54	0.82	0.77	0.61	0.53	0.5	0.93	0.7	0.87		0.17	0.13	0.05	0.84	-0.63	-0.08	-0.14	-0.27	-0.11	0.11	-0.1	-0.05
Selling General Administrative	0.85	-0.26	0.47	0.58	0.47	0.28	0.42	0.67	0.43	0.57	0.14	-0.26	0.15	0.17		0.85	0.05	0.03	0.28	-0.56	-0.64	-0.57	-0.01	0.41	0.35	0.2
Minority Interest	0.66	-0.29	0.43	0.36	0.44	0.06	0.26	0.46	0.42	0.38	0.01	-0.29	-0.04	0.13	0.85		0.0	-0.12	0.28	-0.58	-0.71	-0.73	-0.12	0.41	0.46	0.35
Discontinued Operations	0.02	0.24	-0.04	-0.04	-0.04	-0.04	0.0	0.01	-0.04	-0.09	0.06	0.08	0.07	0.05	0.05	0.0		0.05	-0.19	0.08	-0.27	0.11	0.89	-0.35	0.62	0.13
Net Income From Continuing Ops	-0.18	-0.36	0.33	0.62	0.27	0.83	0.81	0.62	0.26	0.4	0.97	0.72	0.98	0.84	0.03	-0.12	0.05		-0.75	0.02	-0.1	-0.04	0.01	0.19	-0.26	-0.21
Non Recurring	0.45	-0.17	0.07	-0.1	0.11	-0.4	-0.32	-0.11	0.1	0.05	-0.72	-0.92	-0.73	-0.63	0.28	0.28	-0.19	-0.75		-0.48	-0.13	-0.37	-0.23	0.31	0.13	0.17
Tax Provision	-0.48	0.74	-0.49	-0.46	-0.51	-0.17	-0.25	-0.39	-0.48	-0.42	0.0	0.34	0.03	-0.08	-0.56	-0.58	0.08	0.02	-0.48		0.56	0.8	0.25	-0.69	-0.34	-0.38
Interest Income	-0.37	0.4	-0.31	-0.27	-0.32	-0.04	-0.32	-0.41	-0.3	-0.26	-0.1	0.18	-0.1	-0.14	-0.64	-0.71	-0.27	-0.1	-0.13	0.56		0.64	-0.27	-0.39	-0.6	-0.26
Non Operating Income Net Other	-0.42	0.61	-0.48	-0.48	-0.48	-0.23	-0.37	-0.47	-0.45	-0.43	-0.1	0.28	-0.03	-0.27	-0.57	-0.73	0.11	-0.04	-0.37	0.8	0.64		0.32	-0.51	-0.29	-0.32
Extraordinary Items	0.03	0.44	-0.16	-0.19	-0.15	-0.13	-0.07	-0.05	-0.14	-0.26	-0.01	0.07	0.03	-0.11	-0.01	-0.12	0.89	0.01	-0.23	0.25	-0.27	0.32		-0.5	0.61	0.12
Net Interest Income	0.25	-0.88	0.38	0.43	0.38	0.21	0.37	0.41	0.36	0.57	0.14	-0.24	0.17	0.11	0.41	0.41	-0.35	0.19	0.31	-0.69	-0.39	-0.51	-0.5		-0.12	-0.14
Reconciled Depreciation	0.36	0.07	0.09	-0.1	0.12	-0.28	-0.18	-0.02	0.12	-0.12	-0.18	-0.09	-0.24	-0.1	0.35	0.46	0.62	-0.26	0.13	-0.34	-0.6	-0.29	0.61	-0.12		0.56
Selling And Marketing Expenses	0.32	0.08	0.14	0.06	0.15	-0.02	-0.05	0.08	0.14	-0.31	-0.09	-0.11	-0.2	-0.05	0.2	0.35	0.13	-0.21	0.17	-0.38	-0.26	-0.32	0.12	-0.14	0.56

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Murphy Oil Account Relationship Matchups

Murphy Oil income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	1.2B	1.1B	860.6M	836.4M	861.6M	689.8M
Interest Expense	241.8M	186.7M	238.5M	150.8M	112.4M	118.0M
Total Revenue	2.8B	1.8B	2.8B	4.2B	3.4B	3.3B
Gross Profit	887.8M	(8.0M)	1.3B	2.4B	1.5B	1.4B
Other Operating Expenses	2.3B	2.0B	1.8B	2.3B	2.4B	2.3B
Operating Income	445.3M	(293.1M)	1.0B	1.6B	1.0B	669.5M
Ebit	445.3M	(1.4B)	262.6M	1.6B	1.1B	669.6M
Ebitda	1.6B	(325.0M)	1.1B	2.4B	2.0B	1.4B
Cost Of Revenue	1.9B	1.8B	1.5B	1.8B	1.9B	1.8B
Total Operating Expenses	368.3M	268.9M	237.6M	448.1M	1.6B	1.7B
Income Before Tax	203.5M	(1.5B)	42.9M	1.5B	921.1M	464.0M
Total Other Income Expense Net	(241.8M)	(186.7M)	(238.5M)	(136.4M)	(121.0M)	(127.0M)
Net Income	188.8M	(1.3B)	48.8M	965.0M	661.6M	694.6M
Income Tax Expense	14.7M	(293.7M)	(5.9M)	309.5M	195.9M	192.6M
Selling General Administrative	232.7M	140.2M	122.0M	131.1M	117.3M	206.2M
Net Income Applicable To Common Shares	1.1B	(1.1B)	(73.7M)	965.0M	868.5M	912.0M
Minority Interest	103.6M	(113.7M)	(121.2M)	(173.7M)	(62.1M)	(59.0M)
Discontinued Operations	1.1B	(7.2M)	(1.2M)	(2.1M)	(2.4M)	(2.3M)
Net Income From Continuing Ops	188.8M	(1.3B)	48.8M	1.1B	725.1M	761.4M
Non Recurring	124.0M	95.1M	1.3B	265.3M	238.8M	226.9M
Tax Provision	14.7M	(293.7M)	(5.9M)	309.5M	195.9M	205.7M
Interest Income	22.5M	186.7M	238.5M	150.8M	173.4M	106.0M
Non Operating Income Net Other	(15.8M)	(22.5M)	(17.3M)	(16.8M)	(19.3M)	(20.3M)
Extraordinary Items	1.1B	(7.2M)	(1.2M)	(2.1M)	(2.4M)	(2.3M)
Net Interest Income	(241.8M)	(186.7M)	(238.5M)	(150.8M)	(112.4M)	(118.0M)
Reconciled Depreciation	1.1B	987.2M	795.1M	776.8M	861.6M	742.7M

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.

Moving together with Murphy Stock

0.93

SandRidge Energy

Pair Corr

Moving against Murphy Stock

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0.6	CNX	CNX Resources Corp Fiscal Year End 23rd of January 2025	Pair Corr
0.55	EXE	Expand Energy Symbol Change	Pair Corr
0.51	DMLP	Dorchester Minerals	Pair Corr
0.47	EQT	EQT Corporation	Pair Corr

The ability to find closely correlated positions to Murphy Oil could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Murphy Oil when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Murphy Oil - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Murphy Oil to buy it.

The correlation of Murphy Oil is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Murphy Oil moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Murphy Oil moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Murphy Oil can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Murphy Stock Analysis

When running Murphy Oil's price analysis, check to measure Murphy Oil's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Murphy Oil is operating at the current time. Most of Murphy Oil's value examination focuses on studying past and present price action to predict the probability of Murphy Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Murphy Oil's price. Additionally, you may evaluate how the addition of Murphy Oil to your portfolios can decrease your overall portfolio volatility.

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Murphy Historical Income Statement

About Murphy Income Statement Analysis

Murphy Oil Income Statement Chart

Total Revenue

Other Operating Expenses

Cost Of Revenue

Total Operating Expenses

Murphy Oil income statement Correlations

Murphy Oil Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Murphy Oil income statement Accounts

Pair Trading with Murphy Oil

Moving together with Murphy Stock

Moving against Murphy Stock

Additional Tools for Murphy Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Other Operating Expenses
Cost Of Revenue	+ 0.99	Total Revenue
Net Income	+ 0.98	Income Before Tax
Net Income From Continuing Ops	+ 0.98	Net Income
Net Income From Continuing Ops	+ 0.97	Income Before Tax

Non Recurring	- 0.92	Total Other Income Expense Net
Net Interest Income	- 0.88	Interest Expense
Non Recurring	- 0.75	Net Income From Continuing Ops
Non Operating Income Net Other	- 0.73	Minority Interest
Non Recurring	- 0.73	Net Income
Non Recurring	- 0.72	Income Before Tax