Murphy Net Debt To E B I T D A from 2010 to 2024
| MUR Stock | USD 30.27 0.27 0.88% |
Net Debt To EBITDA | First Reported 2010-12-31 | Previous Quarter 0.90761301 | Current Value 0.95 | Quarterly Volatility 2.66960719 |
Check Murphy Oil financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Murphy Oil's main balance sheet or income statement drivers, such as Depreciation And Amortization of 691.4 M, Interest Expense of 118 M or Total Revenue of 3.3 B, as well as many indicators such as Price To Sales Ratio of 2.02, Dividend Yield of 0.0238 or PTB Ratio of 1.58. Murphy financial statements analysis is a perfect complement when working with Murphy Oil Valuation or Volatility modules.
Murphy | Net Debt To E B I T D A |
Latest Murphy Oil's Net Debt To E B I T D A Growth Pattern
Below is the plot of the Net Debt To E B I T D A of Murphy Oil over the last few years. It is a leverage ratio that indicates a company's ability to pay off its incurred debt. It compares a company's net debt (total debt minus cash) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). Murphy Oil's Net Debt To EBITDA historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Murphy Oil's overall financial position and show how it may be relating to other accounts over time.
| Net Debt To E B I T D A | 10 Years Trend |
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Net Debt To E B I T D A |
| Timeline |
Murphy Net Debt To E B I T D A Regression Statistics
| Arithmetic Mean | 0.29 | |
| Coefficient Of Variation | 915.84 | |
| Mean Deviation | 1.56 | |
| Median | 0.91 | |
| Standard Deviation | 2.67 | |
| Sample Variance | 7.13 | |
| Range | 11.2271 | |
| R-Value | (0.01) | |
| Mean Square Error | 7.67 | |
| R-Squared | 0.000095 | |
| Significance | 0.97 | |
| Slope | (0.01) | |
| Total Sum of Squares | 99.78 |
Murphy Net Debt To E B I T D A History
About Murphy Oil Financial Statements
Murphy Oil shareholders use historical fundamental indicators, such as Net Debt To E B I T D A, to determine how well the company is positioned to perform in the future. Although Murphy Oil investors may analyze each financial statement separately, they are all interrelated. The changes in Murphy Oil's assets and liabilities, for example, are also reflected in the revenues and expenses on on Murphy Oil's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Net Debt To EBITDA | 0.91 | 0.95 |
Pair Trading with Murphy Oil
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Murphy Oil position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Murphy Oil will appreciate offsetting losses from the drop in the long position's value.Moving together with Murphy Stock
Moving against Murphy Stock
| 0.56 | LB | LandBridge Company | PairCorr |
| 0.54 | DMLP | Dorchester Minerals | PairCorr |
| 0.53 | EP | Empire Petroleum Corp | PairCorr |
| 0.5 | VIST | Vista Oil Gas | PairCorr |
| 0.48 | EXE | Expand Energy Symbol Change | PairCorr |
The ability to find closely correlated positions to Murphy Oil could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Murphy Oil when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Murphy Oil - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Murphy Oil to buy it.
The correlation of Murphy Oil is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Murphy Oil moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Murphy Oil moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Murphy Oil can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Murphy Stock Analysis
When running Murphy Oil's price analysis, check to measure Murphy Oil's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Murphy Oil is operating at the current time. Most of Murphy Oil's value examination focuses on studying past and present price action to predict the probability of Murphy Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Murphy Oil's price. Additionally, you may evaluate how the addition of Murphy Oil to your portfolios can decrease your overall portfolio volatility.