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Murphy Oil (Murphy Oil) Cyclically Adjusted Price-to-FCF : (As of Apr. 27, 2024)


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What is Murphy Oil Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Murphy Oil Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Murphy Oil's Cyclically Adjusted Price-to-FCF 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.

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Murphy Oil Cyclically Adjusted Price-to-FCF Chart

Murphy Oil Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Murphy Oil Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Murphy Oil's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, Murphy Oil's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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 Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Murphy Oil's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Murphy Oil's Cyclically Adjusted Price-to-FCF falls into.



Murphy Oil Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Murphy Oil's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Murphy Oil's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.362/129.4194*129.4194
=2.362

Current CPI (Dec. 2023) = 129.4194.

Murphy Oil Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -1.803 99.695 -2.341
201406 -0.288 100.560 -0.371
201409 -0.981 100.428 -1.264
201412 -0.639 99.070 -0.835
201503 -1.991 99.621 -2.587
201506 -2.573 100.684 -3.307
201509 -0.462 100.392 -0.596
201512 -2.891 99.792 -3.749
201603 -0.955 100.470 -1.230
201606 -1.861 101.688 -2.369
201609 -0.072 101.861 -0.091
201612 1.001 101.863 1.272
201703 0.542 102.862 0.682
201706 0.382 103.349 0.478
201709 -0.275 104.136 -0.342
201712 0.685 104.011 0.852
201803 1.137 105.290 1.398
201806 -2.484 106.317 -3.024
201809 2.340 106.507 2.843
201812 -4.728 105.998 -5.773
201903 -0.305 107.251 -0.368
201906 -6.870 108.070 -8.227
201909 1.376 108.329 1.644
201912 0.005 108.420 0.006
202003 0.108 108.902 0.128
202006 -1.539 108.767 -1.831
202009 0.483 109.815 0.569
202012 0.492 109.897 0.579
202103 -0.133 111.754 -0.154
202106 1.579 114.631 1.783
202109 1.835 115.734 2.052
202112 1.454 117.630 1.600
202203 0.603 121.301 0.643
202206 1.693 125.017 1.753
202209 2.388 125.227 2.468
202212 2.097 125.222 2.167
202303 -0.416 127.348 -0.423
202306 0.766 128.729 0.770
202309 1.439 129.860 1.434
202312 2.362 129.419 2.362

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Murphy Oil  (NYSE:MUR) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Murphy Oil Cyclically Adjusted Price-to-FCF Related Terms

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Murphy Oil (Murphy Oil) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Murphy Oil Corp (NYSE:MUR) » Definitions » Cyclically Adjusted Price-to-FCF
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