Murphy Oil (MUR) FY2021 results: revenue $2.3 billion, up 16.9% on the year
Murphy Oil Corp. (MUR) reported revenue of $2.3 billion for fiscal 2021, the year ended 31 December 2021, up 16.9% on the year before. Net income was -$74 million, and diluted earnings per share $-0.48. The figures are the company's own, from the 10-K it filed with the SEC on 25 February 2022.
Revenue
$2.3 billion
+16.9% on the year
FY2014FY2021
Operating margin
12.2%
-69.2% a year earlier
FY2014FY2021
Net income
-$74 million
FY2014FY2021
Diluted EPS
-$0.48
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
1,422
803
1,489
+77.2%
Capital expenditure
n/a
n/a
1,344
Free cash flow
n/a
n/a
145
Free cash flow margin
n/a
n/a
5.1%
Cash from investing
-418
-859
-2,536
Cash from financing
-795
39.7
-1,130
Depreciation and amortisation
795
987
1,148
-19.5%
Share-based compensation
43.7
24.8
50.2
+76.0%
Buybacks
0.0
0.0
500
Dividends paid
77.2
96.0
164
-19.6%
Dividend per share
$0.50
$0.62
$1.00
-20.0%
Diluted shares, weighted
154m
154m
165m
+0.5%
Shares outstanding at period end
154m
154m
153m
+0.6%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
4,157
4,214
5,467
-1.4%
Non-controlling interest
163
180
337
-9.1%
Debt
2,461
2,988
2,803
-17.7%
Operating lease liabilities
761
845
521
-9.9%
Other liabilities
2,762
2,394
2,589
+15.4%
Total liabilities and equity
10,305
10,621
11,719
-3.0%
Fixed assets
8,128
8,269
9,970
-1.7%
Cash and equivalents
521
311
307
+67.8%
Receivables
258
262
427
-1.5%
Inventory
54.2
66.1
76.1
-18.0%
Other assets
1,344
1,713
939
-21.6%
Total assets
10,305
10,621
11,719
-3.0%
10-K for the year ended 31 December 2021, filed 25 February 2022: the filing.