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10-Q Filing

MURPHY OIL CORP CIK: 717423 Q2 2022
Filing Information
Form Type 10-Q
Accession Number 0000717423-22-000061
Period End Date 20220630
Filing Date 20220804
Fiscal Year 2022
Fiscal Period Q2
XBRL Instance mur-20220630_htm.xml
Balance Sheet 89 line items
Line Item Tag Value Unit Period
Accumulated depreciation, depletion and amortization AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $12.46B USD Point-in-time
Accumulated depreciation, depletion and amortization AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $12.75B USD Point-in-time
Cumulative preferred stock, par value (in USD per share) PreferredStockParOrStatedValuePerShare $100.00 USD Point-in-time
Cumulative preferred stock, par value (in USD per share) PreferredStockParOrStatedValuePerShare $100.00 USD Point-in-time
Cumulative preferred stock, par value (in USD per share) PreferredStockParOrStatedValuePerShare $100.00 USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $432.02M USD Point-in-time
Cumulative preferred stock, authorized shares (in shares) PreferredStockSharesAuthorized 400,000.00 shares Point-in-time
Cumulative preferred stock, authorized shares (in shares) PreferredStockSharesAuthorized 400,000.00 shares Point-in-time
Cumulative preferred stock, authorized shares (in shares) PreferredStockSharesAuthorized 400,000.00 shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $521.18M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $522.02M USD Point-in-time
Cumulative preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Cumulative preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $258.15M USD Point-in-time
Cumulative preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Common stock, par value (in USD per share) CommonStockParOrStatedValuePerShare $1.00 USD Point-in-time
Inventories InventoryNet $63.89M USD Point-in-time
Common stock, par value (in USD per share) CommonStockParOrStatedValuePerShare $1.00 USD Point-in-time
Common stock, par value (in USD per share) CommonStockParOrStatedValuePerShare $1.00 USD Point-in-time
Inventories InventoryNet $54.20M USD Point-in-time
Prepaid expenses PrepaidExpenseCurrent $33.39M USD Point-in-time
Common stock, authorized shares (in shares) CommonStockSharesAuthorized 450.00M shares Point-in-time
Common stock, authorized shares (in shares) CommonStockSharesAuthorized 450.00M shares Point-in-time
Common stock, authorized shares (in shares) CommonStockSharesAuthorized 450.00M shares Point-in-time
Prepaid expenses PrepaidExpenseCurrent $31.93M USD Point-in-time
Assets held for sale AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent $15.45M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 195.10M shares Point-in-time
Assets held for sale AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent $15.56M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 195.10M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 195.10M shares Point-in-time
Total current assets AssetsCurrent $1.07B USD Point-in-time
Total current assets AssetsCurrent $880.91M USD Point-in-time
Property, plant and equipment, at cost less accumulated depreciation, depletion and amortization of $12,751,486 in 2022 and $12,457,851 in 2021 PropertyPlantAndEquipmentNet $8.13B USD Point-in-time
Property, plant and equipment, at cost less accumulated depreciation, depletion and amortization of $12,751,486 in 2022 and $12,457,851 in 2021 PropertyPlantAndEquipmentNet $8.30B USD Point-in-time
Operating lease assets OperatingLeaseRightOfUseAsset $881.39M USD Point-in-time
Operating lease assets OperatingLeaseRightOfUseAsset $855.98M USD Point-in-time
Deferred income taxes DeferredTaxAssetsNoncurrent $326.71M USD Point-in-time
Deferred income taxes DeferredTaxAssetsNoncurrent $385.52M USD Point-in-time
Deferred charges and other assets OtherAssetsNoncurrent $29.27M USD Point-in-time
Deferred charges and other assets OtherAssetsNoncurrent $26.99M USD Point-in-time
Total assets Assets $10.30B USD Point-in-time
Total assets Assets $10.57B USD Point-in-time
Current maturities of long-term debt, finance lease LongTermDebtAndCapitalLeaseObligationsCurrent $670.00K USD Point-in-time
Current maturities of long-term debt, finance lease LongTermDebtAndCapitalLeaseObligationsCurrent $654.00K USD Point-in-time
Accounts payable AccountsPayableCurrent $623.13M USD Point-in-time
Accounts payable AccountsPayableCurrent $910.01M USD Point-in-time
Income taxes payable AccruedIncomeTaxesCurrent $19.95M USD Point-in-time
Income taxes payable AccruedIncomeTaxesCurrent $25.45M USD Point-in-time
Other taxes payable AccrualForTaxesOtherThanIncomeTaxesCurrent $30.70M USD Point-in-time
Other taxes payable AccrualForTaxesOtherThanIncomeTaxesCurrent $20.31M USD Point-in-time
Operating lease liabilities OperatingLeaseLiabilityCurrent $167.95M USD Point-in-time
Operating lease liabilities OperatingLeaseLiabilityCurrent $139.43M USD Point-in-time
Other accrued liabilities OtherAccruedLiabilitiesCurrent $483.43M USD Point-in-time
Other accrued liabilities OtherAccruedLiabilitiesCurrent $360.86M USD Point-in-time
Total current liabilities LiabilitiesCurrent $1.16B USD Point-in-time
Total current liabilities LiabilitiesCurrent $1.62B USD Point-in-time
Long-term debt, including finance lease obligation LongTermDebtAndCapitalLeaseObligations $2.27B USD Point-in-time
Long-term debt, including finance lease obligation LongTermDebtAndCapitalLeaseObligations $2.47B USD Point-in-time
Asset retirement obligations AssetRetirementObligationsNoncurrent $863.89M USD Point-in-time
Asset retirement obligations AssetRetirementObligationsNoncurrent $839.78M USD Point-in-time
Deferred credits and other liabilities OtherLiabilitiesNoncurrent $570.57M USD Point-in-time
Deferred credits and other liabilities OtherLiabilitiesNoncurrent $439.40M USD Point-in-time
Non-current operating lease liabilities OperatingLeaseLiabilityNoncurrent $761.16M USD Point-in-time
Non-current operating lease liabilities OperatingLeaseLiabilityNoncurrent $706.02M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $182.89M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $188.52M USD Point-in-time
Total liabilities Liabilities $5.98B USD Point-in-time
Total liabilities Liabilities $6.08B USD Point-in-time
Cumulative Preferred Stock, par $100, authorized 400,000 shares, none issued PreferredStockValue - USD Point-in-time
Cumulative Preferred Stock, par $100, authorized 400,000 shares, none issued PreferredStockValue - USD Point-in-time
Common Stock, par , authorized shares, issued 195,100,628 shares in 2022 and shares in 2021 CommonStockValue $195.10M USD Point-in-time
Common Stock, par , authorized shares, issued 195,100,628 shares in 2022 and shares in 2021 CommonStockValue $195.10M USD Point-in-time
Capital in excess of par value AdditionalPaidInCapital $883.37M USD Point-in-time
Capital in excess of par value AdditionalPaidInCapital $926.70M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $5.41B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $5.22B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-527.71M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-554.73M USD Point-in-time
Treasury stock TreasuryStockCommonValue $1.62B USD Point-in-time
Treasury stock TreasuryStockCommonValue $1.66B USD Point-in-time
Murphy Shareholders' Equity StockholdersEquity $4.16B USD Point-in-time
Murphy Shareholders' Equity StockholdersEquity $4.31B USD Point-in-time
Noncontrolling interest MinorityInterest $175.43M USD Point-in-time
Noncontrolling interest MinorityInterest $163.49M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.32B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.04B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.49B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $10.57B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $10.30B USD Point-in-time
Income Statement 140 line items
Line Item Tag Value Unit Period
Total revenue from sales to customers RevenueFromContractWithCustomerExcludingAssessedTax $2.07B USD 2 Qtrs
Total revenue from sales to customers RevenueFromContractWithCustomerExcludingAssessedTax $1.20B USD 1 Quarter
Total revenue from sales to customers RevenueFromContractWithCustomerExcludingAssessedTax $758.83M USD 1 Quarter
Total revenue from sales to customers RevenueFromContractWithCustomerExcludingAssessedTax $1.35B USD 2 Qtrs
Loss on crude contracts GainLossOnDerivativeInstrumentsNetPretax $-226.25M USD 1 Quarter
Loss on crude contracts GainLossOnDerivativeInstrumentsNetPretax $-103.07M USD 1 Quarter
Loss on crude contracts GainLossOnDerivativeInstrumentsNetPretax $-440.63M USD 2 Qtrs
Loss on crude contracts GainLossOnDerivativeInstrumentsNetPretax $-423.85M USD 2 Qtrs
Gain on sale of assets and other income GainLossOnSaleOfAssetsAndOtherIncome $10.25M USD 2 Qtrs
Gain on sale of assets and other income GainLossOnSaleOfAssetsAndOtherIncome $17.06M USD 1 Quarter
Gain on sale of assets and other income GainLossOnSaleOfAssetsAndOtherIncome $7.89M USD 1 Quarter
Gain on sale of assets and other income GainLossOnSaleOfAssetsAndOtherIncome $18.90M USD 2 Qtrs
Total revenues and other income Revenues $929.63M USD 2 Qtrs
Total revenues and other income Revenues $549.64M USD 1 Quarter
Total revenues and other income Revenues $1.10B USD 1 Quarter
Total revenues and other income Revenues $1.65B USD 2 Qtrs
Lease operating expenses OperatingLeaseExpense $126.41M USD 1 Quarter
Lease operating expenses OperatingLeaseExpense $147.35M USD 1 Quarter
Lease operating expenses OperatingLeaseExpense $273.58M USD 2 Qtrs
Lease operating expenses OperatingLeaseExpense $284.18M USD 2 Qtrs
Severance and ad valorem taxes ProductionTaxExpense $11.31M USD 1 Quarter
Severance and ad valorem taxes ProductionTaxExpense $32.20M USD 2 Qtrs
Severance and ad valorem taxes ProductionTaxExpense $20.55M USD 2 Qtrs
Severance and ad valorem taxes ProductionTaxExpense $17.57M USD 1 Quarter
Transportation, gathering and processing TransportationGatheringandProcessingCosts $96.87M USD 2 Qtrs
Transportation, gathering and processing TransportationGatheringandProcessingCosts $49.70M USD 1 Quarter
Transportation, gathering and processing TransportationGatheringandProcessingCosts $92.61M USD 2 Qtrs
Transportation, gathering and processing TransportationGatheringandProcessingCosts $49.95M USD 1 Quarter
Costs of purchased natural gas CostOfGoodsAndServicesSold - USD 1 Quarter
Costs of purchased natural gas CostOfGoodsAndServicesSold - USD 2 Qtrs
Costs of purchased natural gas CostOfGoodsAndServicesSold $81.64M USD 2 Qtrs
Costs of purchased natural gas CostOfGoodsAndServicesSold $47.97M USD 1 Quarter
Exploration expenses, including undeveloped lease amortization ExplorationExpense $62.72M USD 2 Qtrs
Exploration expenses, including undeveloped lease amortization ExplorationExpense $13.54M USD 1 Quarter
Exploration expenses, including undeveloped lease amortization ExplorationExpense $25.32M USD 2 Qtrs
Exploration expenses, including undeveloped lease amortization ExplorationExpense $15.15M USD 1 Quarter
Selling and general expenses SellingGeneralAndAdministrativeExpense $60.66M USD 2 Qtrs
Selling and general expenses SellingGeneralAndAdministrativeExpense $58.62M USD 2 Qtrs
Selling and general expenses SellingGeneralAndAdministrativeExpense $27.13M USD 1 Quarter
Selling and general expenses SellingGeneralAndAdministrativeExpense $29.11M USD 1 Quarter
Depreciation, depletion and amortization DepreciationDepletionAndAmortization $425.57M USD 2 Qtrs
Depreciation, depletion and amortization DepreciationDepletionAndAmortization $227.29M USD 1 Quarter
Depreciation, depletion and amortization DepreciationDepletionAndAmortization $195.86M USD 1 Quarter
Depreciation, depletion and amortization DepreciationDepletionAndAmortization $359.98M USD 2 Qtrs
Accretion of asset retirement obligations AssetRetirementObligationAccretionExpense $11.56M USD 1 Quarter
Accretion of asset retirement obligations AssetRetirementObligationAccretionExpense $22.66M USD 2 Qtrs
Accretion of asset retirement obligations AssetRetirementObligationAccretionExpense $12.16M USD 1 Quarter
Accretion of asset retirement obligations AssetRetirementObligationAccretionExpense $23.44M USD 2 Qtrs
Impairment of assets AssetImpairmentCharges $171.30M USD 2 Qtrs
Impairment of assets AssetImpairmentCharges - USD 2 Qtrs
Impairment of assets AssetImpairmentCharges - USD 1 Quarter
Impairment of assets AssetImpairmentCharges - USD 1 Quarter
Other operating expense OtherOperatingIncomeExpenseNet $-142.85M USD 2 Qtrs
Other operating expense OtherOperatingIncomeExpenseNet $-91.41M USD 2 Qtrs
Other operating expense OtherOperatingIncomeExpenseNet $-70.33M USD 1 Quarter
Other operating expense OtherOperatingIncomeExpenseNet $-36.91M USD 1 Quarter
Total costs and expenses CostsAndExpenses $549.45M USD 1 Quarter
Total costs and expenses CostsAndExpenses $539.86M USD 1 Quarter
Total costs and expenses CostsAndExpenses $1.18B USD 2 Qtrs
Total costs and expenses CostsAndExpenses $1.14B USD 2 Qtrs
Operating income (loss) from continuing operations OperatingIncomeLoss $9.78M USD 1 Quarter
Operating income (loss) from continuing operations OperatingIncomeLoss $-251.97M USD 2 Qtrs
Operating income (loss) from continuing operations OperatingIncomeLoss $551.61M USD 1 Quarter
Operating income (loss) from continuing operations OperatingIncomeLoss $509.48M USD 2 Qtrs
Other income (expense) OtherNonoperatingIncomeExpense $-4.53M USD 1 Quarter
Other income (expense) OtherNonoperatingIncomeExpense $-9.87M USD 2 Qtrs
Other income (expense) OtherNonoperatingIncomeExpense $2.81M USD 2 Qtrs
Other income (expense) OtherNonoperatingIncomeExpense $5.31M USD 1 Quarter
Interest expense, net InterestExpense $43.37M USD 1 Quarter
Interest expense, net InterestExpense $131.47M USD 2 Qtrs
Interest expense, net InterestExpense $41.38M USD 1 Quarter
Interest expense, net InterestExpense $78.66M USD 2 Qtrs
Total other (loss) NonoperatingIncomeExpense $-47.90M USD 1 Quarter
Total other (loss) NonoperatingIncomeExpense $-141.34M USD 2 Qtrs
Total other (loss) NonoperatingIncomeExpense $-75.85M USD 2 Qtrs
Total other (loss) NonoperatingIncomeExpense $-36.08M USD 1 Quarter
Income (loss) from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $515.53M USD 1 Quarter
Income (loss) from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-38.12M USD 1 Quarter
Income (loss) from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-393.31M USD 2 Qtrs
Income (loss) from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $433.63M USD 2 Qtrs
Income tax (benefit) expense IncomeTaxExpenseBenefit $-11.18M USD 1 Quarter
Income tax (benefit) expense IncomeTaxExpenseBenefit $88.12M USD 2 Qtrs
Income tax (benefit) expense IncomeTaxExpenseBenefit $105.08M USD 1 Quarter
Income tax (benefit) expense IncomeTaxExpenseBenefit $-99.34M USD 2 Qtrs
Income (loss) from continuing operations IncomeLossFromContinuingOperations $-26.94M USD 1 Quarter
Income (loss) from continuing operations IncomeLossFromContinuingOperations $-293.97M USD 2 Qtrs
Income (loss) from continuing operations IncomeLossFromContinuingOperations $345.51M USD 2 Qtrs
Income (loss) from continuing operations IncomeLossFromContinuingOperations $410.45M USD 1 Quarter
(Loss) income from discontinued operations, net of income taxes IncomeLossFromDiscontinuedOperationsNetOfTax $-1.49M USD 2 Qtrs
(Loss) income from discontinued operations, net of income taxes IncomeLossFromDiscontinuedOperationsNetOfTax $106.00K USD 2 Qtrs
(Loss) income from discontinued operations, net of income taxes IncomeLossFromDiscontinuedOperationsNetOfTax $-943.00K USD 1 Quarter
(Loss) income from discontinued operations, net of income taxes IncomeLossFromDiscontinuedOperationsNetOfTax $-102.00K USD 1 Quarter
Net income (loss) including noncontrolling interest ProfitLoss $409.50M USD 1 Quarter
Net income (loss) including noncontrolling interest ProfitLoss $-27.04M USD 1 Quarter
Net income (loss) including noncontrolling interest ProfitLoss $-293.86M USD 2 Qtrs
Net income (loss) including noncontrolling interest ProfitLoss $344.02M USD 2 Qtrs
Less: Net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $36.04M USD 1 Quarter
Less: Net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $106.80M USD 2 Qtrs
Less: Net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $56.66M USD 2 Qtrs
Less: Net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $58.95M USD 1 Quarter
NET INCOME (LOSS) ATTRIBUTABLE TO MURPHY NetIncomeLoss $-63.08M USD 1 Quarter
NET INCOME (LOSS) ATTRIBUTABLE TO MURPHY NetIncomeLoss $350.56M USD 1 Quarter
NET INCOME (LOSS) ATTRIBUTABLE TO MURPHY NetIncomeLoss $237.22M USD 2 Qtrs
NET INCOME (LOSS) ATTRIBUTABLE TO MURPHY NetIncomeLoss $-350.52M USD 2 Qtrs
Continuing operations (in USD per share) IncomeLossFromContinuingOperationsPerBasicShare $-0.41 USD 1 Quarter
Continuing operations (in USD per share) IncomeLossFromContinuingOperationsPerBasicShare $1.54 USD 2 Qtrs
Continuing operations (in USD per share) IncomeLossFromContinuingOperationsPerBasicShare $2.27 USD 1 Quarter
Continuing operations (in USD per share) IncomeLossFromContinuingOperationsPerBasicShare $-2.27 USD 2 Qtrs
Discontinued operations (in USD per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $-0.01 USD 1 Quarter
Discontinued operations (in USD per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare - USD 2 Qtrs
Discontinued operations (in USD per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $-0.01 USD 2 Qtrs
Discontinued operations (in USD per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare - USD 1 Quarter
Net income (loss) (in USD per share) EarningsPerShareBasic $2.26 USD 1 Quarter
Net income (loss) (in USD per share) EarningsPerShareBasic $-0.41 USD 1 Quarter
Net income (loss) (in USD per share) EarningsPerShareBasic $1.53 USD 2 Qtrs
Net income (loss) (in USD per share) EarningsPerShareBasic $-2.27 USD 2 Qtrs
Continuing operations (in USD per share) IncomeLossFromContinuingOperationsPerDilutedShare $2.24 USD 1 Quarter
Continuing operations (in USD per share) IncomeLossFromContinuingOperationsPerDilutedShare $-2.27 USD 2 Qtrs
Continuing operations (in USD per share) IncomeLossFromContinuingOperationsPerDilutedShare $1.51 USD 2 Qtrs
Continuing operations (in USD per share) IncomeLossFromContinuingOperationsPerDilutedShare $-0.41 USD 1 Quarter
Discontinued operations (in USD per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $-0.01 USD 1 Quarter
Discontinued operations (in USD per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare - USD 1 Quarter
Discontinued operations (in USD per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare - USD 2 Qtrs
Discontinued operations (in USD per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $-0.01 USD 2 Qtrs
Net income (loss) (in USD per share) EarningsPerShareDiluted $2.23 USD 1 Quarter
Net income (loss) (in USD per share) EarningsPerShareDiluted $1.50 USD 2 Qtrs
Net income (loss) (in USD per share) EarningsPerShareDiluted $-2.27 USD 2 Qtrs
Net income (loss) (in USD per share) EarningsPerShareDiluted $-0.41 USD 1 Quarter
Cash dividends per Common share (in USD per share) CommonStockDividendsPerShareCashPaid $0.12 USD 1 Quarter
Cash dividends per Common share (in USD per share) CommonStockDividendsPerShareCashPaid $0.33 USD 2 Qtrs
Cash dividends per Common share (in USD per share) CommonStockDividendsPerShareCashPaid $0.25 USD 2 Qtrs
Cash dividends per Common share (in USD per share) CommonStockDividendsPerShareCashPaid $0.17 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 154.39M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 154.15M shares 2 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 155.12M shares 2 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 155.39M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 154.15M shares 2 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 154.39M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 157.46M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 157.85M shares 2 Qtrs
Cash Flow Statement 84 line items
Line Item Tag Value Unit Period
Net income (loss) including noncontrolling interest ProfitLoss $409.50M USD 1 Quarter
Net income (loss) including noncontrolling interest ProfitLoss $-27.04M USD 1 Quarter
Net income (loss) including noncontrolling interest ProfitLoss $-293.86M USD 2 Qtrs
Net income (loss) including noncontrolling interest ProfitLoss $344.02M USD 2 Qtrs
Loss (income) from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTax $-1.49M USD 2 Qtrs
Loss (income) from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTax $106.00K USD 2 Qtrs
Loss (income) from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTax $-943.00K USD 1 Quarter
Loss (income) from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTax $-102.00K USD 1 Quarter
Depreciation, depletion and amortization DepreciationDepletionAndAmortization $425.57M USD 2 Qtrs
Depreciation, depletion and amortization DepreciationDepletionAndAmortization $227.29M USD 1 Quarter
Depreciation, depletion and amortization DepreciationDepletionAndAmortization $195.86M USD 1 Quarter
Depreciation, depletion and amortization DepreciationDepletionAndAmortization $359.98M USD 2 Qtrs
Unsuccessful exploration well costs and previously suspended exploration costs UnsuccessfulExplorationWellCostsAndPreviouslySuspendedExplorationCostsCredit $34.10M USD 2 Qtrs
Unsuccessful exploration well costs and previously suspended exploration costs UnsuccessfulExplorationWellCostsAndPreviouslySuspendedExplorationCostsCredit $633.00K USD 2 Qtrs
Amortization of undeveloped leases Amortizationofundevelopedlease $7.98M USD 2 Qtrs
Amortization of undeveloped leases Amortizationofundevelopedlease $8.88M USD 2 Qtrs
Accretion of asset retirement obligations AssetRetirementObligationAccretionExpense $11.56M USD 1 Quarter
Accretion of asset retirement obligations AssetRetirementObligationAccretionExpense $22.66M USD 2 Qtrs
Accretion of asset retirement obligations AssetRetirementObligationAccretionExpense $12.16M USD 1 Quarter
Accretion of asset retirement obligations AssetRetirementObligationAccretionExpense $23.44M USD 2 Qtrs
Deferred income tax (benefit) expense DeferredIncomeTaxExpenseBenefit $-101.19M USD 2 Qtrs
Deferred income tax (benefit) expense DeferredIncomeTaxExpenseBenefit $66.69M USD 2 Qtrs
Mark to market loss on contingent consideration BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 $129.82M USD 2 Qtrs
Mark to market loss on contingent consideration BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 $76.68M USD 2 Qtrs
Mark to market loss on crude contracts UnrealizedGainLossOnCommodityContracts $-284.36M USD 2 Qtrs
Mark to market loss on crude contracts UnrealizedGainLossOnCommodityContracts $-100.34M USD 2 Qtrs
Long-term non-cash compensation EmployeeBenefitsAndShareBasedCompensationNoncash $25.32M USD 2 Qtrs
Long-term non-cash compensation EmployeeBenefitsAndShareBasedCompensationNoncash $40.47M USD 2 Qtrs
Impairment of assets AssetImpairmentCharges $171.30M USD 2 Qtrs
Impairment of assets AssetImpairmentCharges - USD 2 Qtrs
Impairment of assets AssetImpairmentCharges - USD 1 Quarter
Impairment of assets AssetImpairmentCharges - USD 1 Quarter
(Gain) from sale of assets GainLossOnDispositionOfAssets1 - USD 2 Qtrs
(Gain) from sale of assets GainLossOnDispositionOfAssets1 $35.00K USD 2 Qtrs
Net (increase) decrease in noncash working capital IncreaseDecreaseInOperatingCapital $121.60M USD 2 Qtrs
Net (increase) decrease in noncash working capital IncreaseDecreaseInOperatingCapital $-26.57M USD 2 Qtrs
Other operating activities, net OtherOperatingActivitiesCashFlowStatement $-27.46M USD 2 Qtrs
Other operating activities, net OtherOperatingActivitiesCashFlowStatement $39.49M USD 2 Qtrs
Net cash provided by continuing operations activities NetCashProvidedByUsedInOperatingActivities $686.28M USD 2 Qtrs
Net cash provided by continuing operations activities NetCashProvidedByUsedInOperatingActivities $959.24M USD 2 Qtrs
Property additions and dry hole costs PaymentsToAcquireOtherProductiveAssets $552.83M USD 2 Qtrs
Property additions and dry hole costs PaymentsToAcquireOtherProductiveAssets $422.84M USD 2 Qtrs
Acquisition of oil and gas properties PaymentsToAcquireOilAndGasProperty $46.49M USD 2 Qtrs
Acquisition of oil and gas properties PaymentsToAcquireOilAndGasProperty $22.47M USD 2 Qtrs
Property additions for King's Quay FPS PaymentsToAcquireOilAndGasEquipment - USD 2 Qtrs
Property additions for King's Quay FPS PaymentsToAcquireOilAndGasEquipment $17.73M USD 2 Qtrs
Proceeds from sales of property, plant and equipment ProceedsFromSaleOfProductiveAssets $47.00K USD 2 Qtrs
Proceeds from sales of property, plant and equipment ProceedsFromSaleOfProductiveAssets $269.36M USD 2 Qtrs
Net cash (required) by investing activities NetCashProvidedByUsedInInvestingActivities $-193.69M USD 2 Qtrs
Net cash (required) by investing activities NetCashProvidedByUsedInInvestingActivities $-599.27M USD 2 Qtrs
Borrowings on revolving credit facility ProceedsFromLongTermLinesOfCredit $100.00M USD 2 Qtrs
Borrowings on revolving credit facility ProceedsFromLongTermLinesOfCredit $165.00M USD 2 Qtrs
Repayment of revolving credit facility RepaymentsOfLongTermLinesOfCredit $100.00M USD 2 Qtrs
Repayment of revolving credit facility RepaymentsOfLongTermLinesOfCredit $365.00M USD 2 Qtrs
Retirement of debt EarlyRepaymentOfSeniorDebt $576.36M USD 2 Qtrs
Retirement of debt EarlyRepaymentOfSeniorDebt $200.00M USD 2 Qtrs
Debt issuance, net of cost ProceedsFromRepaymentsOfOtherLongTermDebt - USD 2 Qtrs
Debt issuance, net of cost ProceedsFromRepaymentsOfOtherLongTermDebt $541.97M USD 2 Qtrs
Early redemption of debt cost PaymentsOfDebtExtinguishmentCosts $34.18M USD 2 Qtrs
Early redemption of debt cost PaymentsOfDebtExtinguishmentCosts $3.44M USD 2 Qtrs
Distributions to noncontrolling interest PaymentsToMinorityShareholders $94.85M USD 2 Qtrs
Distributions to noncontrolling interest PaymentsToMinorityShareholders $75.24M USD 2 Qtrs
Contingent consideration payment PaymentForContingentConsiderationLiabilityFinancingActivities - USD 2 Qtrs
Contingent consideration payment PaymentForContingentConsiderationLiabilityFinancingActivities $81.74M USD 2 Qtrs
Cash dividends paid PaymentsOfDividendsCommonStock $38.59M USD 2 Qtrs
Cash dividends paid PaymentsOfDividendsCommonStock $50.49M USD 2 Qtrs
Withholding tax on stock-based incentive awards PaymentsRelatedToTaxWithholdingForShareBasedCompensation $16.70M USD 2 Qtrs
Withholding tax on stock-based incentive awards PaymentsRelatedToTaxWithholdingForShareBasedCompensation $3.90M USD 2 Qtrs
Capital lease obligation payments FinanceLeasePrincipalPayments $320.00K USD 2 Qtrs
Capital lease obligation payments FinanceLeasePrincipalPayments $371.00K USD 2 Qtrs
Net cash (required) by financing activities NetCashProvidedByUsedInFinancingActivities $-447.54M USD 2 Qtrs
Net cash (required) by financing activities NetCashProvidedByUsedInFinancingActivities $-386.65M USD 2 Qtrs
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $1.55M USD 2 Qtrs
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $-1.59M USD 2 Qtrs
Net (decrease) increase in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $107.49M USD 2 Qtrs
Net (decrease) increase in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-89.17M USD 2 Qtrs
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $418.10M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $521.18M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $432.02M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $310.61M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $418.10M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $521.18M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $432.02M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $310.61M USD Point-in-time
Stockholders Equity 38 line items
Line Item Tag Value Unit Period
Cumulative preferred stock, par value (in USD per share) PreferredStockParOrStatedValuePerShare $100.00 USD Point-in-time
Cumulative preferred stock, par value (in USD per share) PreferredStockParOrStatedValuePerShare $100.00 USD Point-in-time
Cumulative preferred stock, par value (in USD per share) PreferredStockParOrStatedValuePerShare $100.00 USD Point-in-time
Cumulative preferred stock, authorized shares (in shares) PreferredStockSharesAuthorized 400,000.00 shares Point-in-time
Cumulative preferred stock, authorized shares (in shares) PreferredStockSharesAuthorized 400,000.00 shares Point-in-time
Cumulative preferred stock, authorized shares (in shares) PreferredStockSharesAuthorized 400,000.00 shares Point-in-time
Cumulative preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Cumulative preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Cumulative preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Common stock, par value (in USD per share) CommonStockParOrStatedValuePerShare $1.00 USD Point-in-time
Common stock, par value (in USD per share) CommonStockParOrStatedValuePerShare $1.00 USD Point-in-time
Common stock, par value (in USD per share) CommonStockParOrStatedValuePerShare $1.00 USD Point-in-time
Common stock, authorized shares (in shares) CommonStockSharesAuthorized 450.00M shares Point-in-time
Common stock, authorized shares (in shares) CommonStockSharesAuthorized 450.00M shares Point-in-time
Common stock, authorized shares (in shares) CommonStockSharesAuthorized 450.00M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 195.10M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 195.10M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 195.10M shares Point-in-time
Treasury stock, shares (in shares) TreasuryStockShares 39.68M shares Point-in-time
Treasury stock, shares (in shares) TreasuryStockShares 40.67M shares Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.32B USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.04B USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.49B USD Point-in-time
Net income (loss) NetIncomeLoss $-63.08M USD 1 Quarter
Net income (loss) NetIncomeLoss $350.56M USD 1 Quarter
Net income (loss) NetIncomeLoss $237.22M USD 2 Qtrs
Net income (loss) NetIncomeLoss $-350.52M USD 2 Qtrs
Foreign currency translation (loss) gain, net of income taxes OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $37.84M USD 2 Qtrs
Foreign currency translation (loss) gain, net of income taxes OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-51.55M USD 1 Quarter
Foreign currency translation (loss) gain, net of income taxes OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-33.52M USD 2 Qtrs
Foreign currency translation (loss) gain, net of income taxes OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $17.95M USD 1 Quarter
Deferred loss on interest rate hedges reclassified to interest expense, net of income taxes OtherComprehensiveIncomeLossDeferredLossonInterestRateHedgesReclassifiedtoInterestExpense $1.69M USD 2 Qtrs
Deferred loss on interest rate hedges reclassified to interest expense, net of income taxes OtherComprehensiveIncomeLossDeferredLossonInterestRateHedgesReclassifiedtoInterestExpense - USD 1 Quarter
Deferred loss on interest rate hedges reclassified to interest expense, net of income taxes OtherComprehensiveIncomeLossDeferredLossonInterestRateHedgesReclassifiedtoInterestExpense - USD 2 Qtrs
Deferred loss on interest rate hedges reclassified to interest expense, net of income taxes OtherComprehensiveIncomeLossDeferredLossonInterestRateHedgesReclassifiedtoInterestExpense - USD 1 Quarter
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.32B USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.04B USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.49B USD Point-in-time
Comprehensive Income 32 line items
Line Item Tag Value Unit Period
Net income (loss) including noncontrolling interest ProfitLoss $409.50M USD 1 Quarter
Net income (loss) including noncontrolling interest ProfitLoss $-27.04M USD 1 Quarter
Net income (loss) including noncontrolling interest ProfitLoss $-293.86M USD 2 Qtrs
Net income (loss) including noncontrolling interest ProfitLoss $344.02M USD 2 Qtrs
Net (loss) gain from foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $37.84M USD 2 Qtrs
Net (loss) gain from foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-51.55M USD 1 Quarter
Net (loss) gain from foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-33.52M USD 2 Qtrs
Net (loss) gain from foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $17.95M USD 1 Quarter
Retirement and postretirement benefit plans OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent $-6.51M USD 2 Qtrs
Retirement and postretirement benefit plans OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent $-3.17M USD 1 Quarter
Retirement and postretirement benefit plans OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent $-4.15M USD 1 Quarter
Retirement and postretirement benefit plans OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent $-8.28M USD 2 Qtrs
Deferred loss on interest rate hedges reclassified to interest expense OtherComprehensiveIncomeLossDeferredLossonInterestRateHedgesReclassifiedtoInterestExpense $1.69M USD 2 Qtrs
Deferred loss on interest rate hedges reclassified to interest expense OtherComprehensiveIncomeLossDeferredLossonInterestRateHedgesReclassifiedtoInterestExpense - USD 1 Quarter
Deferred loss on interest rate hedges reclassified to interest expense OtherComprehensiveIncomeLossDeferredLossonInterestRateHedgesReclassifiedtoInterestExpense - USD 2 Qtrs
Deferred loss on interest rate hedges reclassified to interest expense OtherComprehensiveIncomeLossDeferredLossonInterestRateHedgesReclassifiedtoInterestExpense - USD 1 Quarter
Other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTax $-48.37M USD 1 Quarter
Other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTax $-27.02M USD 2 Qtrs
Other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTax $47.81M USD 2 Qtrs
Other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTax $22.09M USD 1 Quarter
Comprehensive income (loss) including noncontrolling interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $317.00M USD 2 Qtrs
Comprehensive income (loss) including noncontrolling interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-246.05M USD 2 Qtrs
Comprehensive income (loss) including noncontrolling interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-4.95M USD 1 Quarter
Comprehensive income (loss) including noncontrolling interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $361.13M USD 1 Quarter
Less: Net income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $56.66M USD 2 Qtrs
Less: Net income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $58.95M USD 1 Quarter
Less: Net income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $36.04M USD 1 Quarter
Less: Net income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $106.80M USD 2 Qtrs
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO MURPHY ComprehensiveIncomeNetOfTax $-40.99M USD 1 Quarter
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO MURPHY ComprehensiveIncomeNetOfTax $302.19M USD 1 Quarter
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO MURPHY ComprehensiveIncomeNetOfTax $210.21M USD 2 Qtrs
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO MURPHY ComprehensiveIncomeNetOfTax $-302.71M USD 2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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