MURPHY OIL CORP
For the period ended Dec 31, 2023. Filed Feb 23, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 23, 2024
MUR$34.55-3.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| December 31 (Thousands of dollars except share amounts) · 2023 · 2022 | |||
|---|---|---|---|
| ASSETS | |||
| Current assets | |||
| Cash and cash equivalents | $317,074 | $491,963 | |
| Accounts receivable, net | 343,992 | 391,152 | |
| Inventories | Note E | 54,454 | 54,513 |
| Prepaid expenses | 36,674 | 34,697 | |
| Total current assets | 752,194 | 972,325 | |
| Property, plant and equipment, at cost less accumulated depreciation, depletion and amortization of $13,135,385 in 2023 and $12,489,970 in 2022 | Note D | 8,225,197 | 8,228,016 |
| Operating lease assets | Note T | 745,185 | 946,406 |
| Deferred income taxes | Note H | 435 | 117,889 |
| Deferred charges and other assets | 43,686 | 44,316 | |
| Total assets | $9,766,697 | $10,308,952 | |
| LIABILITIES AND EQUITY | |||
| Current liabilities | |||
| Current maturities of long-term debt, finance lease | $723 | $687 | |
| Accounts payable | 446,891 | 543,786 | |
| Income taxes payable | 21,007 | 26,544 | |
| Other taxes payable | 29,339 | 22,819 | |
| Operating lease liabilities | 207,840 | 220,413 | |
| Other accrued liabilities | 140,745 | 443,585 | |
| Total current liabilities | 846,545 | 1,257,834 | |
| Long-term debt, including finance lease obligation | Note F | 1,328,352 | 1,822,452 |
| Asset retirement obligations | Note G | 904,051 | 817,268 |
| Deferred credits and other liabilities | 309,605 | 304,948 | |
| Non-current operating lease liabilities | Note T | 551,845 | 742,654 |
| Deferred income taxes | Note H | 276,646 | 214,903 |
| Total liabilities | $4,217,044 | $5,160,059 | |
| Equity | |||
| Cumulative Preferred Stock, par $100, authorized 400,000 shares, none issued | $– | $– | |
| Common Stock, par $1.00, authorized 450,000,000 shares, issued 195,100,628 shares in 2023 and 195,100,628 shares in 2022 | 195,101 | 195,101 | |
| Capital in excess of par value | 880,297 | 893,578 | |
| Retained earnings | 6,546,079 | 6,055,498 | |
| Accumulated other comprehensive loss | Note N | (521,117) | (534,686) |
| Treasury stock | (1,737,566) | (1,614,717) | |
| Murphy Shareholders' Equity | 5,362,794 | 4,994,774 | |
| Noncontrolling interest | 186,859 | 154,119 | |
| Total equity | 5,549,653 | 5,148,893 | |
| Total liabilities and equity | $9,766,697 | $10,308,952 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.