Murphy Oil (MUR) Long-Term Deferred Tax (2016 - 2024)
Murphy Oil's Long-Term Deferred Tax came in at $434,000 for Q1 2024, down 99.4% from $74.06 million a year earlier and down 0.2% from the prior quarter.
Murphy Oil (MUR) Long-Term Deferred Tax (2016 - 2024) Analysis & Trends
At the end of FY2023, Murphy Oil's Long-Term Deferred Tax was $435,000, down 99.6% from FY2022.
- Long-Term Deferred Tax has declined in each of the last three years, with a five-year compound annual growth rate of -68.8% (FY2018 to FY2023).
- Going back by year, Long-Term Deferred Tax was $117.89 million in FY2022 (-69.4%), $385.52 million in FY2021 (-2.5%), $395.25 million in FY2020 (+205.7%) and $129.29 million in FY2019 (-11.6%).
- The Q1 2024 figure represents the lowest quarterly Long-Term Deferred Tax in data going back to Q4 2016.
- Year-over-year, Long-Term Deferred Tax has declined for ten consecutive quarters, with an average decline of 77.7% over the last eight quarters.
- The fastest year-over-year change in Long-Term Deferred Tax over five years came in Q3 2020 (growth of 266.9%), and the weakest in Q4 2023 (a decline of 99.6%).
- Business Quant data shows MUR's Long-Term Deferred Tax at $435,000 (Q4 2023), $1.11 million (Q3 2023) and $40.68 million (Q2 2023) in the three quarters before Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Shell | 541.34 Bn | 451.89 Bn | 30.13 Bn |
| 2 | Chevron | 403.85 Bn | 381.64 Bn | 33.45 Bn |
| 3 | TotalEnergies SE | 193.34 Bn | 76.47 Bn | - |
| 4 | Eni Spa | 172.00 Bn | 121.52 Bn | - |
| 5 | Conocophillips | 150.68 Bn | 123.39 Bn | 12.81 Bn |
| 6 | Equinor Asa | 103.39 Bn | 49.45 Bn | - |
| 7 | Phillips 66 | 100.64 Bn | 89.62 Bn | 8.38 Bn |
| 8 | Canadian Natural Resources | 98.19 Bn | 95.14 Bn | - |
| 9 | Suncor Energy | 80.57 Bn | 66.37 Bn | - |
| 10 | Murphy Oil | 5.16 Bn | 3.63 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 434,000.00 |
| Dec 31, 2023 | 435,000.00 |
| Sep 30, 2023 | 1.11 Mn |
| Jun 30, 2023 | 40.68 Mn |
| Mar 31, 2023 | 74.06 Mn |
| Dec 31, 2022 | 117.89 Mn |
| Sep 30, 2022 | 196.89 Mn |
| Jun 30, 2022 | 326.71 Mn |
| Mar 31, 2022 | 408.35 Mn |
| Dec 31, 2021 | 385.52 Mn |
| Sep 30, 2021 | 442.21 Mn |
| Jun 30, 2021 | 457.60 Mn |
| Mar 31, 2021 | 433.62 Mn |
| Dec 31, 2020 | 395.25 Mn |
| Sep 30, 2020 | 347.05 Mn |
| Jun 30, 2020 | 290.01 Mn |
| Mar 31, 2020 | 210.13 Mn |
| Dec 31, 2019 | 129.29 Mn |
| Sep 30, 2019 | 94.59 Mn |
| Jun 30, 2019 | 104.37 Mn |
Murphy Oil Long-Term Deferred Tax API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=MUR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "ticker": "MUR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=MUR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();