Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Murphy Oil's share price for the quarter that ended in Dec. 2023 was $42.66. Murphy Oil's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 153 Mil. Therefore, Murphy Oil's market cap for the quarter that ended in Dec. 2023 was $6,516 Mil.
Murphy Oil's quarterly market cap
increased
from Jun. 2023 ($5,979 Mil) to Sep. 2023 ($7,005 Mil) but then
declined
from Sep. 2023 ($7,005 Mil) to Dec. 2023 ($6,516 Mil).
Murphy Oil's annual market cap
increased
from Dec. 2021 ($4,033 Mil) to Dec. 2022 ($6,686 Mil) but then
declined
from Dec. 2022 ($6,686 Mil) to Dec. 2023 ($6,516 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Murphy Oil's Enterprise Value for Today is $8,856 Mil.
Murphy Oil Market Cap Historical Data
The historical data trend for Murphy Oil's Market Cap 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.
For the Oil & Gas E&P subindustry, Murphy Oil's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Murphy Oil's Market Cap distribution charts can be found below:
* The bar in red indicates where Murphy Oil's Market Cap falls into.
Murphy Oil Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Murphy Oil's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* 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) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Murphy Oil Market Cap Related Terms
Thank you for viewing the detailed overview of Murphy Oil's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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