Murphy Oil (Murphy Oil) COGS-to-Revenue

: 0.56 (As of Dec. 2023)

View and export this data going back to 1983. Start your Free Trial

Murphy Oil's Cost of Goods Sold for the three months ended in Dec. 2023 was $471 Mil. Its Revenue for the three months ended in Dec. 2023 was $842 Mil.

Murphy Oil's COGS to Revenue for the three months ended in Dec. 2023 was 0.56.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Murphy Oil's Gross Margin % for the three months ended in Dec. 2023 was 44.03%.

Murphy Oil COGS-to-Revenue Historical Data

The historical data trend for Murphy Oil's COGS-to-Revenue 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 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.68

1.00

0.54

0.44

0.56

Murphy Oil Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue																0.51	0.57	0.59	0.52	0.56

Murphy Oil COGS-to-Revenue Calculation

Murphy Oil's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1930.66	/	3448.854
	=	0.56

Murphy Oil's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	471.451	/	842.27
	=	0.56

Murphy Oil (NYSE:MUR) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Murphy Oil's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	471.451 / 842.27
	=	44.03 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Murphy Oil COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Murphy Oil's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Murphy Oil (Murphy Oil) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Murphy Oil Corp (NYSE:MUR) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

MUR:Mexico MUQ:Germany

Address

9805 Katy Freeway, Suite G-200, Houston, TX, USA, 77024

Website

https://www.murphyoilcorp.com

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