Sector: Energy | Industry: Oil & Gas Exploration and Production |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 9805 Katy Fwy, Suite G-200 HOUSTON TX 77024 |
Tel: | N/A |
Website: | https://www.murphyoilcorp.com |
IR: | See website |
Key People | ||
Eric M. Hambly President, Chief Operating Officer | Meenambigai Palanivelu Vice President - Sustainability | Roger W. Jenkins Chief Executive Officer, Director |
Thomas J. Mireles Chief Financial Officer, Executive Vice President | E. Ted Botner Executive Vice President, General Counsel, Company Secretary | Daniel R. Hanchera Senior Vice President - Business Development |
Paul D. Vaughan Vice President, Controller | Leyster L. Jumawan Vice President - Corporate Planning, Treasurer | John B. Gardner Vice President - Marketing and Supply Chain | Kelly L. Whitley Vice President - Investor Relations and Communications |
Business Overview |
Murphy Oil Corporation is an independent oil and gas exploration and production company. The Company is engaged in both onshore and offshore operations and properties. The Company's geographic segments include the United States, Canada, and all other countries. It produces crude oil, natural gas and natural gas liquids primarily in the United States and Canada and explores for crude oil, natural gas and natural gas liquids in targeted areas worldwide. In the United States, it produces crude oil, natural gas liquids and natural gas primarily from fields in the Gulf of Mexico and in the Eagle Ford Shale area of South Texas. It holds rights to approximately 133 thousand gross acres in South Texas in the Eagle Ford Shale unconventional oil and natural gas play. In Canada, it holds working interests in Tupper Montney (100% owned), Kaybob Duvernay (operated) and two non-operated offshore assets: the Hibernia and Terra Nova fields, located offshore Newfoundland in the Jeanne d'Arc Basin. |
Financial Overview |
For the fiscal year ended 31 December 2023, Murphy Oil Corp revenues decreased 12% to $3.45B. Net income before extraordinary items decreased 31% to $663M. Revenues reflect Exploration and Production segment decrease of 19% to $3.46B. Net income also reflects Avg. Production Costs per Barrel, Total increase of 26% to $14.5 per barrel, Exploration Costs - US increase from $42.2M to $157.8M. |
Employees: | 725 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $8,064M as of Dec 31, 2023 |
Annual revenue (TTM): | $3,449M as of Dec 31, 2023 |
EBITDA (TTM): | $1,952M as of Dec 31, 2023 |
Net annual income (TTM): | $663.03M as of Dec 31, 2023 |
Free cash flow (TTM): | $511.76M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $1,012M as of Dec 31, 2023 |
Shares outstanding: | 152,576,156 as of Mar 11, 2024 |
Index Membership: | S&P 400 Mid Cap |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |