2014 Form 10-K Financial Statement
#000071742315000016 Filed on February 27, 2015
Income Statement
| Concept | 2014 |
|---|---|
| Revenue | $5.319B |
| YoY Change | -1.32% |
| Cost Of Revenue | $1.090B |
| YoY Change | -18.66% |
| Gross Profit | $4.229B |
| YoY Change | 4.47% |
| Gross Profit Margin | 79.51% |
| Selling, General & Admin | $364.0M |
| YoY Change | -4.0% |
| % of Gross Profit | 8.61% |
| Research & Development | $514.0M |
| YoY Change | 2.39% |
| % of Gross Profit | 12.15% |
| Depreciation & Amortization | $1.906B |
| YoY Change | 22.71% |
| % of Gross Profit | 45.07% |
| Operating Expenses | $2.859B |
| YoY Change | 654.02% |
| Operating Profit | $1.370B |
| YoY Change | -62.66% |
| Interest Expense | -$98.00M |
| YoY Change | -178.76% |
| % of Operating Profit | -7.15% |
| Other Income/Expense, Net | |
| YoY Change | |
| Pretax Income | $1.252B |
| YoY Change | -21649.05% |
| Income Tax | $227.0M |
| % Of Pretax Income | 18.13% |
| Net Earnings | $906.0M |
| YoY Change | -19.36% |
| Net Earnings / Revenue | 17.03% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | $5.033M |
| COMMON SHARES | |
| Basic Shares Outstanding | 178.9M |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2014 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $1.655B |
| YoY Change | 47.11% |
| Cash & Equivalents | $1.193B |
| Short-Term Investments | $461.0M |
| Other Short-Term Assets | $531.0M |
| YoY Change | -51.37% |
| Inventory | $243.0M |
| Prepaid Expenses | |
| Receivables | $850.0M |
| Other Receivables | $0.00 |
| Total Short-Term Assets | $3.279B |
| YoY Change | -6.55% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $13.33B |
| YoY Change | -1.11% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $114.0M |
| YoY Change | -76.25% |
| Total Long-Term Assets | $13.45B |
| YoY Change | -3.96% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $3.279B |
| Total Long-Term Assets | $13.45B |
| Total Assets | $16.72B |
| YoY Change | -4.48% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $2.472B |
| YoY Change | 14.55% |
| Accrued Expenses | |
| YoY Change | |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | $465.0M |
| YoY Change | 1688.46% |
| Total Short-Term Liabilities | $3.148B |
| YoY Change | -2.36% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $2.518B |
| YoY Change | -14.27% |
| Other Long-Term Liabilities | $1.291B |
| YoY Change | 0.31% |
| Total Long-Term Liabilities | $3.809B |
| YoY Change | -9.82% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $3.148B |
| Total Long-Term Liabilities | $3.809B |
| Total Liabilities | $8.150B |
| YoY Change | -8.57% |
| SHAREHOLDERS EQUITY | |
| Retained Earnings | |
| YoY Change | |
| Common Stock | |
| YoY Change | |
| Preferred Stock | |
| YoY Change | |
| Treasury Stock (at cost) | |
| YoY Change | |
| Treasury Stock Shares | |
| Shareholders Equity | $8.573B |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $16.72B |
| YoY Change | -4.48% |
Cashflow Statement
| Concept | 2014 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | $906.0M |
| YoY Change | -19.36% |
| Depreciation, Depletion And Amortization | $1.906B |
| YoY Change | 22.71% |
| Cash From Operating Activities | $3.110B |
| YoY Change | -14.53% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$3.680B |
| YoY Change | 2.48% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | $1.561B |
| YoY Change | -19498.61% |
| Cash From Investing Activities | -$2.118B |
| YoY Change | -43.23% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | -544.7M |
| YoY Change | 405.72% |
| NET CHANGE | |
| Cash From Operating Activities | 3.110B |
| Cash From Investing Activities | -2.118B |
| Cash From Financing Activities | -544.7M |
| Net Change In Cash | 446.9M |
| YoY Change | -323.01% |
| FREE CASH FLOW | |
| Cash From Operating Activities | $3.110B |
| Capital Expenditures | -$3.680B |
| Free Cash Flow | $6.789B |
| YoY Change | -6.08% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2013Q2 | mur |
Market Price Per Common Share High
MarketPricePerCommonShareHigh
|
66.09 | |
| CY2013Q3 | mur |
Market Price Per Common Share High
MarketPricePerCommonShareHigh
|
71.84 | |
| CY2014 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
178852942 | |
| CY2013Q1 | mur |
Market Price Per Common Share High
MarketPricePerCommonShareHigh
|
63.81 | |
| CY2013 | mur |
Market Price Per Common Share High
MarketPricePerCommonShareHigh
|
71.84 | |
| CY2013Q4 | mur |
Market Price Per Common Share High
MarketPricePerCommonShareHigh
|
65.55 | |
| CY2014Q1 | mur |
Market Price Per Common Share High
MarketPricePerCommonShareHigh
|
63.70 | |
| CY2014 | mur |
Market Price Per Common Share High
MarketPricePerCommonShareHigh
|
67.75 | |
| CY2014Q3 | mur |
Market Price Per Common Share High
MarketPricePerCommonShareHigh
|
67.75 | |
| CY2014Q4 | mur |
Market Price Per Common Share High
MarketPricePerCommonShareHigh
|
56.13 | |
| CY2013Q1 | mur |
Market Price Per Common Share Low
MarketPricePerCommonShareLow
|
59.33 | |
| CY2013 | mur |
Market Price Per Common Share Low
MarketPricePerCommonShareLow
|
59.33 | |
| CY2013Q2 | mur |
Market Price Per Common Share Low
MarketPricePerCommonShareLow
|
59.98 | |
| CY2013Q3 | mur |
Market Price Per Common Share Low
MarketPricePerCommonShareLow
|
59.80 | |
| CY2013Q4 | mur |
Market Price Per Common Share Low
MarketPricePerCommonShareLow
|
59.93 | |
| CY2014 | mur |
Market Price Per Common Share Low
MarketPricePerCommonShareLow
|
44.39 | |
| CY2014Q3 | mur |
Market Price Per Common Share Low
MarketPricePerCommonShareLow
|
56.18 | |
| CY2014Q4 | mur |
Market Price Per Common Share Low
MarketPricePerCommonShareLow
|
44.39 | |
| CY2012 | mur |
Results Of Operations Exploration Expense Including Discontinued Operations
ResultsOfOperationsExplorationExpenseIncludingDiscontinuedOperations
|
251100000 | |
| CY2012 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
3541724000 | |
| CY2014Q2 | mur |
Market Price Per Common Share High
MarketPricePerCommonShareHigh
|
66.82 | |
| CY2014Q1 | mur |
Market Price Per Common Share Low
MarketPricePerCommonShareLow
|
55.68 | |
| CY2014Q2 | mur |
Market Price Per Common Share Low
MarketPricePerCommonShareLow
|
59.61 | |
| CY2013 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
3590344000 | |
| CY2013 | mur |
Results Of Operations Exploration Expense Including Discontinued Operations
ResultsOfOperationsExplorationExpenseIncludingDiscontinuedOperations
|
435300000 | |
| CY2014 | mur |
Results Of Operations Exploration Expense Including Discontinued Operations
ResultsOfOperationsExplorationExpenseIncludingDiscontinuedOperations
|
439200000 | |
| CY2014 | us-gaap |
Results Of Operations Depreciation Depletion And Amortization And Valuation Provisions
ResultsOfOperationsDepreciationDepletionAndAmortizationAndValuationProvisions
|
1897500000 | |
| CY2013 | us-gaap |
Results Of Operations Income Tax Expense
ResultsOfOperationsIncomeTaxExpense
|
656300000 | |
| CY2014 | mur |
Results Of Operations Other Expenses
ResultsOfOperationsOtherExpenses
|
24900000 | |
| CY2012 | mur |
Results Of Operations Severance And Ad Valorem Taxes
ResultsOfOperationsSeveranceAndAdValoremTaxes
|
35600000 | |
| CY2013 | mur |
Results Of Operations Severance And Ad Valorem Taxes
ResultsOfOperationsSeveranceAndAdValoremTaxes
|
87300000 | |
| CY2014 | mur |
Results Of Operations Severance And Ad Valorem Taxes
ResultsOfOperationsSeveranceAndAdValoremTaxes
|
107200000 | |
| CY2012 | mur |
Results Of Operations Undeveloped Lease Amortization
ResultsOfOperationsUndevelopedLeaseAmortization
|
129800000 | |
| CY2013 | mur |
Results Of Operations Undeveloped Lease Amortization
ResultsOfOperationsUndevelopedLeaseAmortization
|
66900000 | |
| CY2014 | mur |
Results Of Operations Undeveloped Lease Amortization
ResultsOfOperationsUndevelopedLeaseAmortization
|
74400000 | |
| CY2012Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
408901000 | |
| CY2013Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
172119000 | |
| CY2014Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-170255000 | |
| CY2013Q4 | us-gaap |
Asset Retirement Obligation Current
AssetRetirementObligationCurrent
|
27515000 | |
| CY2014Q4 | us-gaap |
Asset Retirement Obligation Current
AssetRetirementObligationCurrent
|
34202000 | |
| CY2012 | us-gaap |
Costs Incurred Development Costs
CostsIncurredDevelopmentCosts
|
3521700000 | |
| CY2013 | us-gaap |
Costs Incurred Development Costs
CostsIncurredDevelopmentCosts
|
3939600000 | |
| CY2014 | us-gaap |
Costs Incurred Development Costs
CostsIncurredDevelopmentCosts
|
3282700000 | |
| CY2012 | us-gaap |
Costs Incurred Exploration Costs
CostsIncurredExplorationCosts
|
448000000 | |
| CY2013 | us-gaap |
Costs Incurred Exploration Costs
CostsIncurredExplorationCosts
|
493700000 | |
| CY2014 | us-gaap |
Costs Incurred Exploration Costs
CostsIncurredExplorationCosts
|
430100000 | |
| CY2012 | us-gaap |
Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
|
200000000 | |
| CY2013 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
|
-181155000 | |
| CY2014 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
|
-350894000 | |
| CY2013 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-236782000 | |
| CY2014 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-342374000 | |
| CY2012 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
1619308000 | |
| CY2013 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
923497000 | |
| CY2014 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
986328000 | |
| CY2014 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
3679464000 | |
| CY2012 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
1995467000 | |
| CY2013 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
350000000 | |
| CY2014 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
100000000 | |
| CY2012 | us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
2035798000 | |
| CY2013 | us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
664258000 | |
| CY2014 | us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
899857000 | |
| CY2013 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
55627000 | |
| CY2014 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
-8520000 | |
| CY2012 | us-gaap |
Results Of Operations Accretion Of Asset Retirement Obligations
ResultsOfOperationsAccretionOfAssetRetirementObligations
|
38400000 | |
| CY2013 | us-gaap |
Results Of Operations Accretion Of Asset Retirement Obligations
ResultsOfOperationsAccretionOfAssetRetirementObligations
|
49000000 | |
| CY2014 | us-gaap |
Results Of Operations Accretion Of Asset Retirement Obligations
ResultsOfOperationsAccretionOfAssetRetirementObligations
|
50800000 | |
| CY2012 | us-gaap |
Results Of Operations Depreciation Depletion And Amortization And Valuation Provisions
ResultsOfOperationsDepreciationDepletionAndAmortizationAndValuationProvisions
|
1244400000 | |
| CY2013 | us-gaap |
Results Of Operations Depreciation Depletion And Amortization And Valuation Provisions
ResultsOfOperationsDepreciationDepletionAndAmortizationAndValuationProvisions
|
1543600000 | |
| CY2012 | us-gaap |
Results Of Operations Expense From Oil And Gas Producing Activities
ResultsOfOperationsExpenseFromOilAndGasProducingActivities
|
3098100000 | |
| CY2013 | us-gaap |
Results Of Operations Expense From Oil And Gas Producing Activities
ResultsOfOperationsExpenseFromOilAndGasProducingActivities
|
3627500000 | |
| CY2014 | us-gaap |
Results Of Operations Expense From Oil And Gas Producing Activities
ResultsOfOperationsExpenseFromOilAndGasProducingActivities
|
3947200000 | |
| CY2012 | us-gaap |
Results Of Operations General And Administrative Related To Oil And Gas Producing Activities
ResultsOfOperationsGeneralAndAdministrativeRelatedToOilAndGasProducingActivities
|
119600000 | |
| CY2013 | us-gaap |
Results Of Operations General And Administrative Related To Oil And Gas Producing Activities
ResultsOfOperationsGeneralAndAdministrativeRelatedToOilAndGasProducingActivities
|
170900000 | |
| CY2014 | us-gaap |
Results Of Operations General And Administrative Related To Oil And Gas Producing Activities
ResultsOfOperationsGeneralAndAdministrativeRelatedToOilAndGasProducingActivities
|
212000000 | |
| CY2012 | us-gaap |
Results Of Operations Income Before Income Taxes
ResultsOfOperationsIncomeBeforeIncomeTaxes
|
1510000000 | |
| CY2013 | us-gaap |
Results Of Operations Income Before Income Taxes
ResultsOfOperationsIncomeBeforeIncomeTaxes
|
1685100000 | |
| CY2014 | us-gaap |
Results Of Operations Income Before Income Taxes
ResultsOfOperationsIncomeBeforeIncomeTaxes
|
1475500000 | |
| CY2014 | us-gaap |
Results Of Operations Income Tax Expense
ResultsOfOperationsIncomeTaxExpense
|
285700000 | |
| CY2013 | us-gaap |
Results Of Operations Oil And Gas Producing Activities Net Income Excluding Corporate Overhead And Interest Costs
ResultsOfOperationsOilAndGasProducingActivitiesNetIncomeExcludingCorporateOverheadAndInterestCosts
|
1028800000 | |
| CY2012 | us-gaap |
Results Of Operations Income Tax Expense
ResultsOfOperationsIncomeTaxExpense
|
605000000 | |
| CY2014 | us-gaap |
Results Of Operations Oil And Gas Producing Activities Net Income Excluding Corporate Overhead And Interest Costs
ResultsOfOperationsOilAndGasProducingActivitiesNetIncomeExcludingCorporateOverheadAndInterestCosts
|
1189800000 | |
| CY2012 | us-gaap |
Results Of Operations Oil And Gas Producing Activities Net Income Excluding Corporate Overhead And Interest Costs
ResultsOfOperationsOilAndGasProducingActivitiesNetIncomeExcludingCorporateOverheadAndInterestCosts
|
905000000 | |
| CY2012 | us-gaap |
Results Of Operations Production Or Lifting Costs
ResultsOfOperationsProductionOrLiftingCosts
|
1079200000 | |
| CY2013 | us-gaap |
Results Of Operations Production Or Lifting Costs
ResultsOfOperationsProductionOrLiftingCosts
|
1252900000 | |
| CY2014 | us-gaap |
Results Of Operations Production Or Lifting Costs
ResultsOfOperationsProductionOrLiftingCosts
|
1089900000 | |
| CY2012 | us-gaap |
Results Of Operations Revenue From Oil And Gas Producing Activities
ResultsOfOperationsRevenueFromOilAndGasProducingActivities
|
4608100000 | |
| CY2013 | us-gaap |
Results Of Operations Revenue From Oil And Gas Producing Activities
ResultsOfOperationsRevenueFromOilAndGasProducingActivities
|
5312600000 | |
| CY2014 | us-gaap |
Results Of Operations Revenue From Oil And Gas Producing Activities
ResultsOfOperationsRevenueFromOilAndGasProducingActivities
|
5422700000 | |
| CY2012 | us-gaap |
Results Of Operations Revenue Other
ResultsOfOperationsRevenueOther
|
8500000 | |
| CY2013 | us-gaap |
Results Of Operations Revenue Other
ResultsOfOperationsRevenueOther
|
6300000 | |
| CY2014 | us-gaap |
Results Of Operations Revenue Other
ResultsOfOperationsRevenueOther
|
149600000 | |
| CY2012 | us-gaap |
Results Of Operations Sales Revenue To Unaffiliated Enterprises
ResultsOfOperationsSalesRevenueToUnaffiliatedEnterprises
|
4599600000 | |
| CY2013 | us-gaap |
Results Of Operations Sales Revenue To Unaffiliated Enterprises
ResultsOfOperationsSalesRevenueToUnaffiliatedEnterprises
|
5306300000 | |
| CY2014 | us-gaap |
Results Of Operations Sales Revenue To Unaffiliated Enterprises
ResultsOfOperationsSalesRevenueToUnaffiliatedEnterprises
|
5273100000 | |
| CY2012 | us-gaap |
Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
|
224296 | |
| CY2013 | us-gaap |
Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
|
300910 | |
| CY2014 | us-gaap |
Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
|
339985 | |
| CY2012 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
482974 | |
| CY2013 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
303685 | |
| CY2014 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
119994 |
