Murphy Oil Corp
MUR—
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Murphy Oil Corp AI Insights
Informational only. Not investment advice.Snapshot
- P/B of 0.93x means market values MUR below tangible book (5.1B equity) despite 1.3B TTM EBITDA - deep value or value trap.[Price to Book Ratio]
- EPS declined -39% over 3Y while 5Y revenue grew 11% - margin compression from 115M asset impairment and rising costs.[EPS Growth 3Y]
- Capex of 1.0B TTM consumes 72% of operating cash flow (1.4B) - heavy reinvestment limits shareholder returns.[Capital Expenditure TTM]
Watch Triggers
- ROIC TTM: Rises above 5% (industry median) — Current 1.9% ROIC below cost of capital - improvement signals value creation
- Capital Expenditure TTM: Falls below 700M while maintaining production — Would unlock 300M+ additional FCF for buybacks or debt reduction
- Asset Impairment Charge: Additional impairments exceeding 50M — Would indicate further reserve quality deterioration
Bull Case
Trading at 0.93x book with 1.3B EBITDA - if oil prices stabilize, multiple re-rating to 1.5x book implies 60% upside.
Price to Book RatioEBITDA TTMTangible Book Value
Dividend yield of 3.8% (1.28/share) covered 3.5x by FCF provides downside support while waiting for catalyst.
Dividends Paid Per Share TTMFree Cash Flow TTM
Bear Case
Net margin of 5.2% TTM vs industry median 8.7% with ROE of 2.8% - subpar capital efficiency destroys value.
Net Margin TTMROE TTMROIC TTM
115M asset impairment TTM and -39% EPS 3Y decline signal reserve quality issues or structural cost problems.
Asset Impairment ChargeEPS Growth 3Y
Bull vs Bear Balance
AI-generated sentiment analysis based on fundamental metrics and market conditions.
40%
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Forward Thesis
FCF will remain constrained as MUR prioritizes reserve replacement over shareholder returns
1-3ymed
- Capex/OCF ratio of 72% signals growth-mode spending
- 8.9B PPE base requires ongoing maintenance capital
- Debt/equity of 0.43 limits financial flexibility
FCF TTM 405M vs 1.4B operating cash flowCapex TTM 1.0B exceeds net income by 7xTotal debt 2.2B with 117M interest expense
Valuation Context
Caveats
MUR Fundamentals
Mining, Quarrying, and Oil and Gas Extraction → Oil and Gas Extraction
| Metric | Value | YoY Growth | Industry Percentile |
|---|---|---|---|
$5.39B | — | ||
$7.31B | — | ||
64 | — | ||
$2.75B | -5.1% | — | |
$0.59 | -61.7% | — | |
15.2% | -7.5% | — | |
3.06% | -10.4% | — | |
$177.93M | -70.4% | — | |
1.65% | -5.8% | — | |
Beta 5Y (Monthly) | unknown | — |
MUR Dividend History
106 dividends
2026
$0.700005/18/26$0.3500
02/17/26$0.3500
2025
$1.300011/17/25$0.3250
08/18/25$0.3250
05/16/25$0.3250
02/18/25$0.3250
2024
$1.200011/18/24$0.3000
08/19/24$0.3000
05/17/24$0.3000
02/16/24$0.3000
2023
$1.100011/10/23$0.2750
08/11/23$0.2750
05/12/23$0.2750
02/10/23$0.2750
2022
$0.825011/10/22$0.2500
08/12/22$0.2500
05/13/22$0.1750
02/11/22$0.1500
2021
$0.500011/12/21$0.1250
08/13/21$0.1250
05/14/21$0.1250
02/12/21$0.1250
2020
$0.625011/13/20$0.1250
08/14/20$0.1250
05/15/20$0.1250
02/14/20$0.2500
2019
$1.000011/15/19$0.2500
08/16/19$0.2500
05/17/19$0.2500
02/15/19$0.2500
2018
$1.000011/08/18$0.2500
08/10/18$0.2500
05/11/18$0.2500
02/16/18$0.2500
2017
$1.000011/10/17$0.2500
08/10/17$0.2500
05/11/17$0.2500
02/09/17$0.2500
2016
$1.200011/09/16$0.2500
08/11/16$0.2500
05/12/16$0.3500
02/11/16$0.3500
2015
$1.400011/12/15$0.3500
08/13/15$0.3500
05/13/15$0.3500
02/12/15$0.3500
2014
$1.325011/12/14$0.3500
08/14/14$0.3500
05/14/14$0.3125
02/13/14$0.3125
2013
$1.250011/13/13$0.3125
08/19/13$0.3125
05/15/13$0.3125
02/14/13$0.3125
2012
$3.675011/14/12$2.8125
08/15/12$0.3125
05/14/12$0.2750
02/10/12$0.2750
2011
$1.100011/08/11$0.2750
08/11/11$0.2750
05/11/11$0.2750
02/11/11$0.2750
2010
$1.050011/09/10$0.2750
08/12/10$0.2750
05/12/10$0.2500
02/11/10$0.2500
2009
$1.000011/10/09$0.2500
08/13/09$0.2500
05/13/09$0.2500
02/12/09$0.2500
2008
$0.875011/12/08$0.2500
08/14/08$0.2500
05/14/08$0.1875
02/14/08$0.1875
2007
$0.675011/07/07$0.1875
08/13/07$0.1875
05/09/07$0.1500
02/09/07$0.1500
2006
$0.525011/08/06$0.1500
08/11/06$0.1500
05/10/06$0.1125
02/09/06$0.1125
2005
$0.450011/08/05$0.1125
08/12/05$0.1125
05/09/05$0.1125
02/10/05$0.1125
2004
$0.425011/09/04$0.1125
08/12/04$0.1125
05/10/04$0.1000
02/11/04$0.1000
2003
$0.400011/07/03$0.1000
08/13/03$0.1000
05/12/03$0.1000
02/12/03$0.1000
2002
$0.387611/06/02$0.1000
08/14/02$0.1000
05/06/02$0.0938
02/13/02$0.0938
2001
$0.375211/07/01$0.0938
08/09/01$0.0938
05/07/01$0.0938
02/09/01$0.0938
2000
$0.362611/08/00$0.0938
08/10/00$0.0938
05/08/00$0.0875
02/10/00$0.0875
MUR Stock Splits
2 stock splits
06/06/050.5:1 split
12/31/021:2 split
MUR SEC Filings
| Filing Date | Report Date | Report Type | Filing Link |
|---|---|---|---|
05/06/26 | 03/31/26 | 10-Q | |
02/25/26 | 12/31/25 | 10-K | |
11/05/25 | 09/30/25 | 10-Q | |
08/06/25 | 06/30/25 | 10-Q | |
05/07/25 | 03/31/25 | 10-Q | |
02/27/25 | 12/31/24 | 10-K | |
11/07/24 | 09/30/24 | 10-Q | |
08/08/24 | 06/30/24 | 10-Q | |
05/02/24 | 03/31/24 | 10-Q | |
02/23/24 | 12/31/23 | 10-K | |
11/02/23 | 09/30/23 | 10-Q | |
08/03/23 | 06/30/23 | 10-Q | |
05/03/23 | 03/31/23 | 10-Q | |
02/27/23 | 12/31/22 | 10-K | |
11/03/22 | 09/30/22 | 10-Q | |
08/04/22 | 06/30/22 | 10-Q | |
05/04/22 | 03/31/22 | 10-Q | |
02/25/22 | 12/31/21 | 10-K | |
11/04/21 | 09/30/21 | 10-Q | |
08/05/21 | 06/30/21 | 10-Q | |
05/06/21 | 03/31/21 | 10-Q | |
02/26/21 | 12/31/20 | 10-K | |
11/05/20 | 09/30/20 | 10-Q | |
08/06/20 | 06/30/20 | 10-Q | |
05/07/20 | 03/31/20 | 10-Q | |
02/27/20 | 12/31/19 | 10-K | |
10/31/19 | 09/30/19 | 10-Q | |
08/08/19 | 06/30/19 | 10-Q | |
05/02/19 | 03/31/19 | 10-Q | |
02/27/19 | 12/31/18 | 10-K | |
11/08/18 | 09/30/18 | 10-Q | |
08/09/18 | 06/30/18 | 10-Q | |
05/03/18 | 03/31/18 | 10-Q | |
02/26/18 | 12/31/17 | 10-K | |
11/02/17 | 09/30/17 | 10-Q | |
08/02/17 | 06/30/17 | 10-Q | |
05/04/17 | 03/31/17 | 10-Q | |
02/24/17 | 12/31/16 | 10-K | |
11/02/16 | 09/30/16 | 10-Q | |
08/04/16 | 06/30/16 | 10-Q | |
05/06/16 | 03/31/16 | 10-Q | |
02/26/16 | 12/31/15 | 10-K | |
11/05/15 | 09/30/15 | 10-Q | |
08/05/15 | 06/30/15 | 10-Q | |
05/07/15 | 03/31/15 | 10-Q | |
02/27/15 | 12/31/14 | 10-K | |
11/05/14 | 09/30/14 | 10-Q | |
08/05/14 | 06/30/14 | 10-Q | |
05/07/14 | 03/31/14 | 10-Q | |
02/28/14 | 12/31/13 | 10-K | |
11/06/13 | 09/30/13 | 10-Q | |
08/06/13 | 06/30/13 | 10-Q | |
05/07/13 | 03/31/13 | 10-Q | |
02/28/13 | 12/31/12 | 10-K | |
11/06/12 | 09/30/12 | 10-Q | |
08/06/12 | 06/30/12 | 10-Q | |
05/07/12 | 03/31/12 | 10-Q | |
02/28/12 | 12/31/11 | 10-K | |
11/04/11 | 09/30/11 | 10-Q | |
08/05/11 | 06/30/11 | 10-Q | |
05/06/11 | 03/31/11 | 10-Q | |
02/28/11 | 12/31/10 | 10-K | |
11/04/11 | 09/30/10 | 10-Q | |
08/05/11 | 06/30/10 | 10-Q | |
05/07/10 | 03/31/10 | 10-Q | |
02/26/10 | 12/31/09 | 10-K | |
11/05/10 | 09/30/09 | 10-Q | |
11/06/09 | 09/30/09 | 10-Q | |
08/07/09 | 06/30/09 | 10-Q | |
08/06/10 | 06/30/09 | 10-Q | |
05/07/09 | 03/31/09 | 10-Q | |
02/27/09 | 12/31/08 | 10-K | |
11/07/08 | 09/30/08 | 10-Q | |
08/08/08 | 06/30/08 | 10-Q | |
05/08/08 | 03/30/08 | Unknown | -- |
02/29/08 | 12/31/07 | 5 | |
11/07/07 | 09/30/07 | 10-Q | |
08/06/07 | 06/30/07 | 10-Q | |
05/09/07 | 03/30/07 | Unknown | -- |
03/01/07 | 12/31/06 | 5 | |
11/09/06 | 09/30/06 | 10-Q | |
08/04/06 | 06/30/06 | 10-Q | |
05/05/06 | 03/30/06 | Unknown | -- |
03/15/06 | 12/31/05 | 10-K | |
11/07/05 | 09/30/05 | 10-Q | |
08/05/05 | 06/30/05 | 10-Q | |
05/09/05 | 03/30/05 | Unknown | -- |
03/16/05 | 12/31/04 | 10-K | |
11/05/04 | 09/30/04 | 10-Q | |
08/05/04 | 06/30/04 | 10-Q | |
05/07/04 | 03/30/04 | Unknown | -- |
03/12/04 | 12/31/03 | 10-K | |
11/12/03 | 09/30/03 | 10-Q | |
08/11/03 | 06/30/03 | 10-Q | |
05/13/03 | 03/30/03 | Unknown | -- |
03/26/03 | 12/31/02 | 10-K | |
11/08/02 | 09/30/02 | 10-Q | |
08/02/02 | 06/30/02 | 10-Q | |
05/06/02 | 03/30/02 | Unknown | -- |
03/22/02 | 12/31/01 | 10-K | |
11/09/01 | 09/30/01 | 10-Q | |
08/10/01 | 06/30/01 | 10-Q | |
05/08/01 | 03/30/01 | Unknown | -- |
03/22/01 | 12/31/00 | 10-K | |
11/02/00 | 09/30/00 | 10-Q | |
08/09/00 | 06/30/00 | 10-Q | |
05/03/00 | 03/30/00 | Unknown | -- |