MUR Murphy Oil PE ratio, current and historical analysis
As at Feb 21, 2025, the MUR stock has a price-to-earnings ratio of 8.75. This is based on the current EPS of $3.12 and the stock price of $27.31 per share. A decrease of 21% has been recorded in the PE ratio compared to the average of 11.1 of the past four quarters.
MUR PE ratio history
The mean historical PE ratio of Murphy Oil over the last ten years is 25.37. The current 8.75 price-to-earnings ratio is 66% less than the historical average. In the past ten years, MUR's PE ratio reached its highest point in the Sep 2018 quarter at 303.09, with a price of $33.34 and an EPS of $0.11. The Mar 2020 quarter saw the lowest point at 1.41, with a price of $6.13 and an EPS of $4.34.
Murphy Oil PE ratio by year
Maximum annual increase: 155.69% in 2009
Maximum annual decrease: -61.14% in 2019
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2023 | 10.01 | 44.86% | $42.66 | $4.26 |
| 2022 | 6.91 | N/A | $43.01 | $6.22 |
| 2021 | N/A | N/A | $26.11 | -$0.48 |
| 2020 | N/A | N/A | $12.1 | -$7.48 |
| 2019 | 3.82 | -61.14% | $26.8 | $7.01 |
| 2018 | 9.83 | N/A | $23.39 | $2.38 |
| 2017 | N/A | N/A | $31.05 | -$1.81 |
| 2016 | N/A | N/A | $31.13 | -$1.6 |
| 2015 | N/A | N/A | $22.45 | -$13.03 |
| 2014 | 9.98 | -8.02% | $50.52 | $5.06 |
| 2013 | 10.85 | -8.75% | $64.88 | $5.98 |
| 2012 | 11.89 | -3.8% | $59.55 | $5.01 |
| 2011 | 12.36 | -31.03% | $55.74 | $4.51 |
| 2010 | 17.92 | 45.1% | $74.55 | $4.16 |
| 2009 | 12.35 | 155.69% | $54.2 | $4.39 |
Murphy Oil PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2024 | 10.81 | 0.37% | $33.74 | $3.12 |
| Jun 2024 | 10.77 | -14.66% | $41.24 | $3.83 |
| Mar 2024 | 12.62 | 26.07% | $45.7 | $3.62 |
| Dec 2023 | 10.01 | 5.7% | $42.66 | $4.26 |
| Sep 2023 | 9.47 | 61.88% | $45.35 | $4.79 |
| Jun 2023 | 5.85 | 29.42% | $38.3 | $6.55 |
| Mar 2023 | 4.52 | -34.59% | $36.98 | $8.18 |
| Dec 2022 | 6.91 | 18.32% | $43.01 | $6.22 |
| Sep 2022 | 5.84 | -35.75% | $35.17 | $6.02 |
| Jun 2022 | 9.09 | -85.37% | $30.19 | $3.32 |
| Mar 2022 | 62.14 | N/A | $40.39 | $0.65 |
| Dec 2021 | N/A | N/A | $26.11 | -$0.48 |
| Sep 2021 | N/A | N/A | $24.97 | -$2.7 |
| Jun 2021 | N/A | N/A | $23.28 | -$4.99 |
| Mar 2021 | N/A | N/A | $16.41 | -$6.64 |
MUR average PE ratio chart
The current PE ratio of MUR is lower than the 3, 5 and 10-year averages.
MUR PE vs peers
MUR's PE ratio is less than its peer stocks XOM and CVX, but it is above DVN's. Murphy Oil is presently trading at a lower PE ratio (8.75) than its peer group average of 13.34.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DVN Devon Energy Corp | 8.19 | $24.33B |
| MUR Murphy Oil Corp | 8.75 | $3.98B |
| VLO Valero Energy Corp | 11.91 | $42.66B |
| COP Conocophillips | 12.52 | $124.62B |
| XOM Exxon Mobil Corp | 14.12 | $480.3B |
| CVX Chevron Corp | 16.08 | $276.27B |
| HES Hess Corp | 17.2 | $45.64B |
| BP BP plc | 242.07 | $91.58B |
Frequently asked questions
What is Murphy Oil's PE ratio?
MUR's price to earnings ratio is 8.75 as of Feb 21, 2025.
What is the 3-year average PE ratio for Murphy Oil (MUR)?
As an average over the last 3 years, MUR stock has a PE ratio of 13.46.
What is the 5-year average PE ratio for Murphy Oil (MUR)?
As an average over the last 5 years, MUR stock has a PE ratio of 12.11.
What is the highest PE ratio for MUR?
Over the last ten years, the quarterly PE ratio reached a historic high of 303.09 in the Sep 2018 quarter.
How does the current PE ratio for MUR compare to its historical average?
MUR's current price to earnings ratio is 66% below its 10-year historical average.
Why is Murphy Oil's PE ratio so low?
MUR's stock price is trading at a lower multiple of earnings, which is why its PE ratio of 8.75 is considered low.
How is MUR's PE ratio calculated (Murphy Oil PE ratio formula)?
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Feb 21, 2025), Murphy Oil's stock price is $27.31. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $3.12. Therefore, Murphy Oil's price to earnings ratio for today is 8.75. PE RATIO(8.75) = STOCK PRICE($27.31) / TTM EPS($3.12)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.