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Murphy Oil (Murphy Oil) EBIT : $1,033 Mil (TTM As of Dec. 2023)


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What is Murphy Oil EBIT?

Murphy Oil's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $193 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $1,033 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Murphy Oil's annualized ROC % for the quarter that ended in Dec. 2023 was 7.46%. Murphy Oil's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 8.60%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Murphy Oil's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 11.72%.


Murphy Oil EBIT Historical Data

The historical data trend for Murphy Oil's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Murphy Oil EBIT Chart

Murphy Oil Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 445.29 -1,379.61 264.66 1,601.02 1,033.44

Murphy Oil Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 317.33 296.72 157.18 386.32 193.22

Competitive Comparison of Murphy Oil's EBIT

For the Oil & Gas E&P subindustry, Murphy Oil's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Murphy Oil's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Murphy Oil's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Murphy Oil's EV-to-EBIT falls into.



Murphy Oil EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,033 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Murphy Oil  (NYSE:MUR) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Murphy Oil's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=834.256 * ( 1 - 17.17% )/( (9302.165 + 9223.066)/ 2 )
=691.0142448/9262.6155
=7.46 %

where

Invested Capital(Q: Sep. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=9942.578 - 645.795 - ( 327.769 - max(0, 892.393 - 887.011+327.769))
=9302.165

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=9766.697 - 637.982 - ( 317.074 - max(0, 846.545 - 752.194+317.074))
=9223.066

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Murphy Oil's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=772.864/( ( (9010.164 + max(-86.553, 0)) + (8970.382 + max(-202.862, 0)) )/ 2 )
=772.864/( ( 9010.164 + 8970.382 )/ 2 )
=772.864/8990.273
=8.60 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(460.63 + 60.435 + 38.177) - (645.795 + 0 + 0)
=-86.553

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(343.992 + 54.454 + 36.674) - (637.982 + 0 + 0)
=-202.862

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Murphy Oil's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=1033.442/8814.601
=11.72 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Murphy Oil EBIT Related Terms

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Murphy Oil (Murphy Oil) Business Description

Traded in Other Exchanges
Address
9805 Katy Freeway, Suite G-200, Houston, TX, USA, 77024
Murphy Oil is an independent exploration and production company developing unconventional resources in the United States and Canada. At the end of 2022, the company reported net proved reserves of 697 million barrels of oil equivalent. Consolidated 62% oil and natural gas liquids and 38% natural gas.
Executives
Elisabeth W Keller director 300 PEACH ST., EL DORADO AR 71730
Robert Madison Murphy director 200 NORTH JEFFERSON SUITE 400, EL DODRADO AR 71730
John B Gardner officer: Treasurer 200 PEACH ST, EL DORADO AR 71730
Thomas J Mireles officer: Vice President 200 PEACH STREET, P O BOX 7000, EL DORADO AR 71730
Paul D. Vaughan officer: Vice President & Controller 9805 KATY FREEWAY G-200, HOUSTON TX 77024
Meenambigai Palanivelu officer: Vice President 9805 KATY FREEWAY G-200, HOUSTON TX 77024
Daniel R Hanchera officer: Senior Vice President 9805 KATY FREEWAY G-200, HOUSTON TX 77024
Eric M Hambly officer: Executive Vice President 300 PEACH STREET, EL DORADO AR 71730
Roger W. Jenkins officer: Executive Vice President 200 PEACH STREET, P.O. BOX 7000, EL DORADO AR 71730
Kelly L Whitley officer: Vice President 200 PEACH ST., EL DORADO AR 71730
Louis W Utsch officer: Vice President 300 PEACH STREET, P.O. BOX 7000, EL DORADO AR 71730
Maria A Martinez officer: Vice President 300 PEACH STREET, EL DORADO AR 71730
T Jay Collins director C/O OCEANEERING INTERNATIONAL INC, 11911 FM 529, HOUSTON TX 77041-3011
Leyster L. Jumawan officer: Vice President & Treasurer 9805 KATY FREEWAY G-200, HOUSTON TX 77024
E Ted Botner officer: Secretary 200 PEACH ST, EL DORADO AR 71730