Murphy Historical Balance Sheet

MUR Stock  USD 32.47  0.06  0.18%   
Trend analysis of Murphy Oil balance sheet accounts such as Total Current Liabilities of 1.3 B provides information on Murphy Oil's total assets, liabilities, and equity, which is the actual value of Murphy Oil to its prevalent stockholders. By breaking down trends over time using Murphy Oil balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Black Monday
 
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.

Murphy Oil Inventory

51.73 Million

  
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 Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Murphy Oil at a specified time, usually calculated after every quarter, six months, or one year. Murphy Oil Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Murphy Oil and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Murphy currently owns. An asset can also be divided into two categories, current and non-current.

Murphy Oil Balance Sheet Chart

At this time, Murphy Oil's Short Term Debt is relatively stable compared to the past year. As of 12/01/2024, Property Plant And Equipment Gross is likely to grow to about 23.2 B, while Short and Long Term Debt Total is likely to drop slightly above 1.4 B.

Total Assets

Total assets refers to the total amount of Murphy Oil assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Murphy Oil books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Murphy Oil balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Murphy Oil are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Additional Paid In Capital

Additional Paid In Capital (or APIC) is an accounting term found on Murphy Oil Balance Sheet under Shareholders Equity. It is the value of the shares of the company above what they were issued it. The basic calculation is as follow: (Issue Price - Par Value) x Murphy Oil Shares Outstanding. Additional Paid In Capital is not affected by secondary trading of Murphy Oil shares and does not have any impact on the value of APIC. The excess amount paid by investors over the par value of a company's shares, representing the additional capital contributed by shareholders.
Most accounts from Murphy Oil's balance sheet are interrelated and interconnected. However, analyzing balance sheet 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 balance sheet 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 Short Term Debt is relatively stable compared to the past year. As of 12/01/2024, Property Plant And Equipment Gross is likely to grow to about 23.2 B, while Short and Long Term Debt Total is likely to drop slightly above 1.4 B.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total2.6B2.8B2.1B1.4B
Total Assets10.3B10.3B9.8B7.8B

Murphy Oil balance sheet Correlations

0.41-0.140.860.960.980.190.940.630.980.050.740.690.70.680.620.450.870.860.070.850.570.180.610.650.17
0.410.410.00.190.520.940.470.330.56-0.270.16-0.31-0.010.88-0.33-0.410.33-0.02-0.080.030.620.010.620.660.66
-0.140.41-0.31-0.26-0.090.5-0.1-0.28-0.04-0.52-0.28-0.43-0.230.26-0.32-0.21-0.31-0.32-0.22-0.220.55-0.250.090.150.37
0.860.0-0.310.910.77-0.230.730.640.74-0.010.820.870.770.290.80.690.850.970.20.970.420.120.260.3-0.25
0.960.19-0.260.910.93-0.050.930.610.90.070.770.80.760.460.740.550.790.910.190.880.420.190.570.590.0
0.980.52-0.090.770.930.320.970.590.990.020.680.570.630.730.50.310.820.760.060.770.590.190.70.720.23
0.190.940.5-0.23-0.050.320.270.020.37-0.26-0.15-0.49-0.20.78-0.51-0.570.13-0.27-0.23-0.190.55-0.010.510.520.67
0.940.47-0.10.730.930.970.270.570.96-0.020.670.540.580.640.480.260.720.720.210.710.490.230.760.760.22
0.630.33-0.280.640.610.590.020.570.57-0.110.920.40.520.40.390.330.690.660.360.60.290.050.330.39-0.04
0.980.56-0.040.740.90.990.370.960.570.040.640.540.590.790.470.280.810.730.030.730.610.210.720.750.33
0.05-0.27-0.52-0.010.070.02-0.26-0.02-0.110.04-0.10.15-0.050.010.090.080.120.04-0.41-0.03-0.430.22-0.09-0.120.04
0.740.16-0.280.820.770.68-0.150.670.920.64-0.10.580.670.30.550.510.740.820.450.760.350.050.30.36-0.18
0.69-0.31-0.430.870.80.57-0.490.540.40.540.150.580.770.050.960.810.640.90.040.870.130.070.120.15-0.33
0.7-0.01-0.230.770.760.63-0.20.580.520.59-0.050.670.770.20.680.530.580.750.110.720.370.240.40.47-0.18
0.680.880.260.290.460.730.780.640.40.790.010.30.050.20.02-0.110.610.3-0.240.330.670.110.640.690.7
0.62-0.33-0.320.80.740.5-0.510.480.390.470.090.550.960.680.020.90.540.870.010.840.13-0.090.060.09-0.31
0.45-0.41-0.210.690.550.31-0.570.260.330.280.080.510.810.53-0.110.90.440.79-0.030.740.16-0.34-0.22-0.18-0.42
0.870.33-0.310.850.790.820.130.720.690.810.120.740.640.580.610.540.440.83-0.030.850.540.140.290.330.0
0.86-0.02-0.320.970.910.76-0.270.720.660.730.040.820.90.750.30.870.790.830.130.960.4-0.030.220.26-0.24
0.07-0.08-0.220.20.190.06-0.230.210.360.03-0.410.450.040.11-0.240.01-0.03-0.030.130.06-0.20.10.160.15-0.14
0.850.03-0.220.970.880.77-0.190.710.60.73-0.030.760.870.720.330.840.740.850.960.060.490.010.20.25-0.24
0.570.620.550.420.420.590.550.490.290.61-0.430.350.130.370.670.130.160.540.4-0.20.49-0.140.30.370.2
0.180.01-0.250.120.190.19-0.010.230.050.210.220.050.070.240.11-0.09-0.340.14-0.030.10.01-0.140.50.440.31
0.610.620.090.260.570.70.510.760.330.72-0.090.30.120.40.640.06-0.220.290.220.160.20.30.50.980.61
0.650.660.150.30.590.720.520.760.390.75-0.120.360.150.470.690.09-0.180.330.260.150.250.370.440.980.62
0.170.660.37-0.250.00.230.670.22-0.040.330.04-0.18-0.33-0.180.7-0.31-0.420.0-0.24-0.14-0.240.20.310.610.62
Click cells to compare fundamentals

Murphy Oil Account Relationship Matchups

Murphy Oil balance sheet Accounts

201920202021202220232024 (projected)
Total Assets11.7B10.6B10.3B10.3B9.8B7.8B
Short Long Term Debt Total2.9B3.1B2.6B2.8B2.1B1.4B
Other Current Liab942.8M716.3M1.2B443.6M170.1M161.6M
Total Current Liabilities942.8M716.3M1.2B1.3B846.5M1.3B
Total Stockholder Equity5.4B4.4B4.3B5.0B5.4B3.9B
Property Plant And Equipment Net10.0B8.3B8.1B9.2B9.0B6.0B
Net Debt2.5B2.7B1.9B2.3B1.8B934.7M
Retained Earnings6.6B5.4B5.2B6.1B6.5B3.7B
Cash306.8M310.6M521.2M492M317.1M414.1M
Non Current Assets Total10.7B9.6B9.4B9.3B9.0B6.3B
Non Currrent Assets Other645.1M956.2M910.6M44.3M43.7M45.9M
Cash And Short Term Investments306.8M310.6M521.2M492M317.1M515.7M
Net Receivables426.7M262.0M258.2M391.2M344.0M617.6M
Common Stock Shares Outstanding164.8M153.5M154.3M157.5M156.6M189.6M
Liabilities And Stockholders Equity11.7B10.6B10.3B10.3B9.8B7.8B
Non Current Liabilities Total5.0B5.5B4.8B3.9B3.4B2.6B
Inventory76.1M66.1M54.2M54.5M54.5M51.7M
Other Stockholder Equity(798.9M)(569.2M)(565.3M)(721.1M)(857.3M)(814.4M)
Total Liab5.9B6.2B6.0B5.2B4.2B4.6B
Total Current Assets974.4M1.0B880.9M972.3M752.2M714.6M
Short Term Debt92.3M103.8M140.1M221.1M208.6M219.0M
Accounts Payable602.1M407.1M623.1M543.8M446.9M424.5M
Other Current Assets543.7M362M344.2M34.7M36.7M34.8M
Property Plant And Equipment Gross10.6B8.3B21.5B9.2B22.1B23.2B
Accumulated Other Comprehensive Income(574.2M)(601.3M)(527.7M)(534.7M)(521.1M)(547.2M)
Other Liab1.6B2.5B2.4B1.3B1.5B1.2B
Other Assets176.1M1.4B1.7M100K115K109.3K
Long Term Debt2.8B3.0B2.5B1.8B1.3B1.9B
Treasury Stock(1.2B)(1.7B)(1.7B)(1.7B)(1.5B)(1.4B)
Property Plant Equipment10.0B8.3B8.1B9.2B10.6B8.6B
Current Deferred Revenue(694.4M)(510.9M)(763.2M)(21.0M)(18.9M)(19.9M)
Net Tangible Assets5.5B4.2B4.3B5.0B4.5B4.8B
Noncontrolling Interest In Consolidated Entity368.3M337.2M179.8M163.5M188.0M197.4M
Retained Earnings Total Equity5.5B6.6B5.4B5.2B6.0B5.8B
Long Term Debt Total2.8B3.0B2.5B1.8B2.1B2.5B

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

  0.91SD SandRidge EnergyPairCorr

Moving against Murphy Stock

  0.54DMLP Dorchester MineralsPairCorr
  0.54CNX CNX Resources Corp Fiscal Year End 23rd of January 2025 PairCorr
  0.37EPSN Epsilon EnergyPairCorr
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 CorrelationCorrelation 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.