Assay

Financial-condition grades for SEC filers

Company Report · as of Oct 9, 2026


HomeCompaniesSectorsCalendarLast night

Murphy OIL Corp.MUR · energy
GradeElkB/Con the B/C boundary of 148 graded peers; percentile 36.7, sampling error 3.6 points; lower is stronger
Rank55 of 148
ProfitabilityB/Cpercentile 36.8
SolvencyBpercentile 30.5
Growth and financingC/Dpercentile 62.2
Reliability0.94 AUCfailure model, filers with over $2.67B assets; 95% interval 0.88 to 0.97; 61 events, 2020 to 2025
Peer failure rate0.52% a yearItem 1.03 bankruptcies, same asset band, 2012 to 2025
Size bandover $2.67B assetstotal assets $9.8B[1]
Standard universeinsiderevenue above $1M and assets above $10M[1-2]
Warningsnone activenot computable: distress
Inputs computable9 of 14
Graded fromfilings received through Feb 25, 2026226 days before the rescan; every figure keyed to the SEC receipt date
Last close$38.612026-10-08; market equity $5.5B; iex feed
Price used in gradeNone
Share price, twelve months to the rescansplit-adjusted close; a lollipop at every rescan carries the letter held then; baseline ticks are SEC receipt dates of the inputs; ranges and dragging scroll the full history
$30$40NovDecJanFebMarAprMayJunJulAugSepOctA/BBB/C$38.60
ABCDE20132014201520162017201820192020202120222023202420252026

Percentile at every rescan on file, Jan 21, 2012 to Oct 9, 2026; stronger toward the top. Hover for the date.

Open this report as it stood on

Letter setLetterPercentileBand
Jan 21, 2012nonen/aQ5
Mar 21, 2019E81.5Q5
Mar 21, 2020D63.1Q5
Mar 21, 2022A14.8Q5
Apr 21, 2022A/B18.5Q5
Nov 21, 2022A16.3Q5
Dec 21, 2022A/B16.9Q5
Mar 21, 2023B24.6Q5
Mar 21, 2024A/B21.5Q5
Mar 21, 2026B35.4Q5
Sep 26, 2026B/C37.2Q5

Each date opens the report as it stood on that rescan.

Business, in the company's words. Opening of Item 1 of the 10-K received Feb 25, 2026; the document on sec.gov.

Murphy Oil Corporation is a global oil and natural gas exploration and production (E&P) company, with both onshore and offshore operations and properties. As used in this report, the terms Murphy, Murphy Oil, we, our, its and Company may refer to Murphy Oil Corporation or any one or more of its consolidated subsidiaries. The Company was originally incorporated in Louisiana in 1950 as Murphy Corporation. It was reincorporated in Delaware in 1964, at which time it adopted the name Murphy Oil Corporation. In 2013, the United States (U.S.) refining and marketing business was separated from Murphy Oil Corporation’s oil and natural gas E&P business.

The Fourteen Inputs [top]

Lower percentile is stronger. Source numbers open the SEC filing; a range that spans filings opens the sources table.

InputPercentile, 0 to 100ValueSourcePeer medianPercentilePeersPeriod end
Profitability, sleeve percentile 36.8
Gross profitability27.4%[1-3]17.5%12.5812025-12-31
Return on invested capital3.7%[4-12]6.0%76.7912025-12-31
Accruals ratio(11.7%)[1,13-15](5.0%)21.12712025-12-31
Gross margin stability, five yearsnot computable4.6 pts
five annual gross margins are required; found 4
Solvency, sleeve percentile 30.5
Twelve-month failure probabilitynot computable0.06%
latest liabilities, cash plus short-term investments, book equity, and shares are required
Altman Z double-prime3.43[1,4,8,16-19]1.4811.91522025-12-31
Net debt to EBITDA0.79x[4,7,9,20]3.63x12.91172025-12-31
Interest coveragenot computable2.37x
latest aligned inputs end 2023-12-31; latest annual assets end 2025-12-31
Current ratio0.77x[16-17]0.97x66.52822025-12-31
Growth and financing, sleeve percentile 62.2
Revenue growth, three-year compound(13.9%)[2,21-23]0.7%87.82222025-12-31
Free cash flow growth, three-year compoundnot computable(11.8%)
current FCF must be positive and base FCF must exceed $100,000
Reinvestment ratenot computable59.0%
latest aligned inputs end 2019-12-31; latest annual assets end 2025-12-31
Asset growth, three years(1.6%)[1,15,24-25]6.4%86.12462025-12-31
Net share issuance, one year(2.1%)[26-27]0.4%12.81572026-01-31

Gross profitability. Revenue less cost of goods sold, over total assets.

Accruals ratio. Net income less operating cash flow, over average assets; lower is stronger.

Gross margin stability, five years. Standard deviation of gross margin; lower is stronger.

Twelve-month failure probability. CHS model; lower is stronger.

Net debt to EBITDA. Lower is stronger.

Net share issuance, one year. Split-adjusted; lower is stronger.

Sleeves are equal-weighted; within a sleeve each computable input carries equal weight. Composite -0.143; sampling error 3.6 percentile points on 148 peers.

Among 148 Peers [top]

ABCDECOP, Conocophillips; A, percentile 4.8; market equity $161.2BCOPVLO, Valero Energy Corp/Tx; B, percentile 24.5; market equity $127.8BVLOMPC, Marathon Petroleum Corp.; B, percentile 26.5; market equity $130.1BMPCCVX, Chevron Corp.; B, percentile 29.9; market equity $418.0BCVXCEG, Constellation Energy Corp.; B, percentile 31.3; market equity $101.0BCEGPSX, Phillips 66; B/C, percentile 40.8; market equity $112.4BPSXMUR 36.7strongerweaker

Composite score of every graded peer, smoothed. Vertical rules are the letter band edges at the 20th, 40th, 60th and 80th percentiles. Small dots are the six largest peers by market equity.

RankCompanyPercentileLetterWarnings
50Ramaco Resources, Inc. (METCB)

Ramaco Resources, Inc. (METCB)

Bsecond fifth; percentile 33.7

Nasdaq · Silver Ores

last close $4.56

No active warnings; 9 of 14 inputs

33.7B
51Ramaco Resources, Inc. (METCI)

Ramaco Resources, Inc. (METCI)

Bsecond fifth; percentile 33.7

Nasdaq · Silver Ores

last close $25.41

No active warnings; 9 of 14 inputs

33.7B
52Ramaco Resources, Inc. (METCZ)

Ramaco Resources, Inc. (METCZ)

Bsecond fifth; percentile 33.7

Nasdaq · Silver Ores

last close $25.17

No active warnings; 9 of 14 inputs

33.7B
53National Fuel GAS Co. (NFG)

National Fuel GAS Co. (NFG)

Bsecond fifth; percentile 35.4

NYSE · Natural Gas Distribution

market equity $7.4B; last close $78.22

No active warnings; 11 of 14 inputs

35.4B
54Talos Energy Inc. (TALO)

Talos Energy Inc. (TALO)

Bsecond fifth; percentile 36.1

NYSE · Crude Petroleum & Natural Gas

market equity $2.8B; last close $16.95

No active warnings; 9 of 14 inputs

36.1B
55Murphy OIL Corp. (MUR)

Murphy OIL Corp. (MUR)

B/Con the B/C boundary; percentile 36.7

NYSE · Crude Petroleum & Natural Gas

market equity $5.5B; last close $38.61

No active warnings; 9 of 14 inputs

36.7B/C
56Stabilis Solutions, Inc. (SLNG)

Stabilis Solutions, Inc. (SLNG)

B/Con the B/C boundary; percentile 37.4

Nasdaq · Natural Gas Distribution

market equity $98.9M; last close $5.51

No active warnings; 7 of 14 inputs

37.4B/C
57KLX Energy Services Holdings, Inc. (KLXE)

KLX Energy Services Holdings, Inc. (KLXE)

B/Con the B/C boundary; percentile 38.1

Nasdaq · Oil & Gas Field Services, NEC

market equity $26.8M; last close $1.25

No active warnings; 7 of 14 inputs

38.1B/C
58Peabody Energy Corp. (BTU)

Peabody Energy Corp. (BTU)

B/Con the B/C boundary; percentile 38.8

NYSE · Bituminous Coal & Lignite Surface Mining

market equity $3.0B; last close $25.03

Warnings: fortress balance sheet; 8 of 14 inputs

38.8B/Cfortress balance sheet
59Energy Transfer L.P. (ET)

Energy Transfer L.P. (ET)

B/Con the B/C boundary; percentile 39.8

NYSE · Natural Gas Transmission

last close $20.66

No active warnings; 9 of 14 inputs

39.8B/C
60Energy Transfer L.P. (ET-PI)

Energy Transfer L.P. (ET-PI)

B/Con the B/C boundary; percentile 39.8

NYSE · Natural Gas Transmission

No active warnings; 9 of 14 inputs

39.8B/C
Peer policyLetterPercentilePeers
all graded filers, equal sleevesC58.02204
sector peers, equal sleeves (the grade)B/C36.7148
same exchange, equal sleevesC/D58.6984
sector peers, equal inputsB27.9148

Each letter is one fifth of the 148 graded peers, about 29 companies. A boundary letter (A/B, B/C, C/D, D/E) marks a percentile within one sampling error of a band edge.

What the Price Implies [top]

Market measures at the 2026-10-08 close. None enters the grade. Percentile among graded peers with the same measure.

MeasureValuePeer medianPercentileReading
Twelve-month price change, skipping the latest month33.4%15.5%69hotter than 69 of 100 peers
Distance from 52-week high(9.7%)(15.4%)71closer to its high than 71 of 100 peers
EBIT to enterprise value4.6%4.6%49pricier than 51 of 100 peers
Free cash flow yield2.6%1.3%56pricier than 44 of 100 peers
Book value to price0.950.5387pricier than 13 of 100 peers
Sales to price0.490.4551pricier than 49 of 100 peers
Composite equity issuance, five years(25.7%)(7.2%)19more equity-funded than 19 of 100 peers
Relative strength against the sector, log excess return(0.09)0.0430ahead of 30 of 100 peers

Inputs: market equity $5.5B; EBIT $301.2M; free cash flow $144.8M; book equity $5.3B; sales $2.7B; debt $1.5B; cash $483.9M[28].

Diagnostics [top]

Diagnostics do not feed the grade.

Piotroski F-score: 5 of 9, period end 2025-12-31
Return on assets above zero1.1%✓ pass[13,15]
Operating cash flow above zero$1.2B✓ pass[14]
Return on assets improved(3.1 pts)✗ fail[13,15,24,29]
Operating cash flow exceeds net income$1.1B✓ pass[13-14]
Long-term leverage fell1.1 pts✗ fail[1,7,10,15,24]
Current ratio improved(6.4 pts)✗ fail[16-17,30-31]
No new shares issued(2.1%)✓ pass[26-27]
Gross margin improved0.1 pts✓ pass[2-3,21,32]
Asset turnover improved(3.1 pts)✗ fail[2,15,21,24]
Cash, filings, liquidity
Cash and equivalents$483.9M[33]
Operating cash flow, four quarters$1.6B[14,33-37]
Months of runwaynot finite
trailing operating cash flow is nonnegative, so runway is not finite
Late filings, two years0
NT 10-K or NT 10-Q
Days since last periodic filing65
10-Q received Aug 5, 2026
Median daily dollar volume$55.2M
63 sessions
Days since newest grade input226

Downloads [top]

Sources [top]

Every citation on this page. Filing opens the SEC index page for that submission; viewer opens the SEC interactive data for the same filing; series opens the SEC XBRL API record for that tag and company.

#ConceptXBRL tagValuePeriod endReceivedFormLinks
1assetsus-gaap:Assets$9.8B2025-12-312026-02-2510-Kfiling · viewer · series
2revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$2.7B2025-12-312026-02-2510-Kfiling · viewer · series
3cost of revenueus-gaap:CostOfGoodsAndServicesSold$02025-12-312026-02-2510-Kfiling · viewer · series
4operating incomeus-gaap:OperatingIncomeLoss$301.2M2025-12-312026-02-2510-Kfiling · viewer · series
5pretax incomeus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest$182.9M2025-12-312026-02-2510-Kfiling · viewer · series
6income taxus-gaap:IncomeTaxExpenseBenefit$44.6M2025-12-312026-02-2510-Kfiling · viewer · series
7total debtus-gaap:LongTermDebtAndCapitalLeaseObligations$1.4B2025-12-312026-02-2510-Kfiling · viewer · series
8book equityus-gaap:StockholdersEquity$5.1B2025-12-312026-02-2510-Kfiling · viewer · series
9cashus-gaap:CashAndCashEquivalentsAtCarryingValue$377.2M2025-12-312026-02-2510-Kfiling · viewer · series
10total debtus-gaap:LongTermDebtAndCapitalLeaseObligations$1.3B2024-12-312026-02-2510-Kfiling · viewer · series
11book equityus-gaap:StockholdersEquity$5.2B2024-12-312026-02-2510-Kfiling · viewer · series
12cashus-gaap:CashAndCashEquivalentsAtCarryingValue$423.6M2024-12-312026-02-2510-Kfiling · viewer · series
13net incomeus-gaap:NetIncomeLoss$104.2M2025-12-312026-02-2510-Kfiling · viewer · series
14operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations$1.2B2025-12-312026-02-2510-Kfiling · viewer · series
15assetsus-gaap:Assets$9.7B2024-12-312026-02-2510-Kfiling · viewer · series
16current assetsus-gaap:AssetsCurrent$816.7M2025-12-312026-02-2510-Kfiling · viewer · series
17current liabilitiesus-gaap:LiabilitiesCurrent$1.1B2025-12-312026-02-2510-Kfiling · viewer · series
18retained earningsus-gaap:RetainedEarningsAccumulatedDeficit$6.7B2025-12-312026-02-2510-Kfiling · viewer · series
19liabilitiesus-gaap:Liabilities$4.6B2025-12-312026-02-2510-Kfiling · viewer · series
20depreciation amortizationus-gaap:DepreciationDepletionAndAmortization$977.8M2025-12-312026-02-2510-Kfiling · viewer · series
21revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$3.0B2024-12-312026-02-2510-Kfiling · viewer · series
22revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$3.4B2023-12-312026-02-2510-Kfiling · viewer · series
23revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$4.2B2022-12-312025-02-2710-Kfiling · viewer · series
24assetsus-gaap:Assets$9.8B2023-12-312026-02-2510-Kfiling · viewer · series
25assetsus-gaap:Assets$10.3B2022-12-312025-02-2710-Kfiling · viewer · series
26shares outstandingdei:EntityCommonStockSharesOutstanding142,830,3522026-01-312026-02-2510-Kfiling · viewer · series
27shares outstandingdei:EntityCommonStockSharesOutstanding145,855,1832025-01-312025-02-2710-Kfiling · viewer · series
28shares outstandingdei:EntityCommonStockSharesOutstanding143,381,1252026-07-312026-08-0510-Qfiling · viewer · series
29net incomeus-gaap:NetIncomeLoss$407.2M2024-12-312026-02-2510-Kfiling · viewer · series
30current assetsus-gaap:AssetsCurrent$785.3M2024-12-312026-02-2510-Kfiling · viewer · series
31current liabilitiesus-gaap:LiabilitiesCurrent$942.8M2024-12-312026-02-2510-Kfiling · viewer · series
32cost of revenueus-gaap:CostOfGoodsAndServicesSold$3.1M2024-12-312026-02-2510-Kfiling · viewer · series
33cashus-gaap:CashAndCashEquivalentsAtCarryingValue$483.9M2026-06-302026-08-0510-Qfiling · viewer · series
34operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations$977.1M2026-06-302026-08-0510-Qfiling · viewer · series
35operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations$321.2M2026-03-312026-05-0610-Qfiling · viewer · series
36operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations$998.2M2025-09-302025-11-0510-Qfiling · viewer · series
37operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations$658.7M2025-06-302026-08-0510-Qfiling · viewer · series

Limitations [top]

Grade boundary. Percentile 36.7 is 3.3 points from the nearest band edge; sampling error is 3.6 points.

Peer group. Sector assignment from four-digit SIC codes, hand-tuned and published. The grade under three alternative peer policies is tabled above.

Size. Within a sector the letter tracks size. Among graded filers in the smallest asset band, 72% grade E and 0% grade A; in the largest, 13% grade E and 21% grade A. Universe as of Oct 9, 2026.

Failure model. filings 2012-01-01 to 2019-12-31 fit, filings 2020-01-01 to 2025-12-31 test; status post hoc pending confirmation. pre-registered on 2026 filings once their 12-month outcome windows close; supported if the paired per-quintile gain over the pooled model has a lower bound above 0.05.

Input validity. Revenue or total assets at or below $100,000 sets the degenerate-inputs flag. An input whose denominator is at or below $100,000 is left not computable rather than ranked.

Returns. No input on this page has a post-2015 confidence interval on returns that excludes zero. The grade ranks reported financial condition and is not a return forecast.