MURPHY OIL CORPORATION MUR Cash Flow

Murphy oil corporation (MUR)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09
Operating Activities
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
-508,700	-54,400	1,111,700	123,200	72,800	111,800	93,900	45,547	168,253	-286,800	-65,893	-17,571	58,464	-63,922	-16,176	2,930	-198,802	-587,132	-1,595,426	-73,834	-14,441	375,238	245,708	129,412	155,253	75,421	284,809	402,644	360,599	158,687	226,681	295,437	290,071	-113,928	406,114	311,613	268,903	174,069	202,832	272,289	148,891	318,870	188,877	158,770	171,104
Adjustments to reconcile net (loss) income to net cash provided by continuing operations activities:
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
-4,862	36,855	953,368	24,418	49,846	64,160	37,812	70,704	77,672	240,049	425	-217	969	-1,142	-1,593	25	683	-3,898	-8,344	15,152	-17,971	-66,723	-25,350	-13,256	-14,033	-105,066	19,731	498,587	-177,916	70,477	81,141	21,397	-8,633	-472,710	77,148	31,597	30,461	-	-	-	-	25,977	0	-2,074	99,864
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	160,844	71,240
Depreciation, depletion and amortization
306,102	328,530	325,562	264,302	229,406	204,603	197,503	190,751	182,743	37,118	243,636	234,992	236,154	256,793	255,900	255,239	286,149	301,701	433,706	403,390	481,027	551,854	499,151	458,993	396,249	414,201	394,667	381,384	363,142	336,158	274,527	309,822	332,588	181,194	262,999	256,785	263,747	263,189	248,026	288,212	292,680	233,262	245,539	197,429	194,769
Previously suspended exploration costs
97	-61	0	-350	13,251	15,994	4,522	-3	-5	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of undeveloped leases
7,478	6,293	6,530	7,105	8,045	8,633	8,770	9,606	13,168	20,916	20,553	10,349	9,957	7,589	10,409	14,950	10,469	12,981	16,506	24,219	21,606	18,693	17,981	24,934	12,830	13,604	21,235	16,662	15,390	22,599	32,079	46,440	28,632	27,588	30,093	31,143	29,387	31,210	28,438	27,521	20,857	16,679	12,870	27,930	25,734
Amortization of deferred major repair costs
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-4	1,796	2,002	1,846	2,046	1,296	2,108	1,955	2,077	1,572	2,741	2,077	1,972	2,425	1,990	-9,301	5,417	5,038	5,911	-9,789	5,717	5,957	5,683	5,514	-6,103	8,969	7,181	-11,924	6,543	6,228	6,501
Expenditures for asset retirements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,186	5,806	6,957	6,319	-1,270	9,962	6,479	2,120	9,096	17,759	7,521	4,386	7,622	34,588	2,098
Dry hole costs (credits)
-	-	-	-	-	-	-	-	-	-	-3,043	-1,000	2,904	-179	956	14,339	-69	176,386	21,436	20,394	78,629	66,379	75,780	39,918	87,909	102,336	79,235	40,294	41,011	92,279	55,428	33,597	620	132,369	13,278	69,503	35,804	39,846	5,204	7,567	22,274	41,016	15,752	1,005	67,471
Accretion of asset retirement obligations
9,966	10,676	10,587	9,897	9,340	7,866	6,466	6,396	6,372	-6,338	10,654	10,428	10,556	11,228	11,043	12,346	12,125	13,228	11,918	11,750	11,769	13,786	12,600	12,327	12,065	12,600	12,539	11,961	11,896	10,045	9,269	9,601	9,446	7,685	7,018	9,657	9,487	6,019	8,104	7,844	7,613	7,020	6,717	6,164	6,253
Impairment of assets
967,530	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	95,088	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income tax (benefit) charge
-81,373	-22,067	32,596	2,412	15,589	-43,234	14,260	-937	-147,716	273,639	-36,697	-25,403	58,533	-42,686	-28,956	-230,518	-85,683	-2,910	-780,880	-10,054	-184,186	-235,472	46,435	-5,045	23,167	16,706	68,657	47,419	25,326	178,723	120,050	35,873	8,072	23,171	101,106	8,751	813	107,644	5,706	14,961	18,272	48,791	22,215	25,024	-785
Gain (Loss) on Disposition of Assets
-	-	-	-	-	48	124	221	-339	-3,331	117	-1,334	131,982	-1,438	-730	3,809	22	-28	60	18,246	135,877	144,033	-133	-5,016	19	175	-38	-266	42	135	-194	35	90	-49	60	23,079	53	-113	208	113	676	-27	151	3,570	15
Mark to market (gain) loss on contingent consideration
-59,151	8,160	-28,378	15,360	13,530	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mark to market (gain) loss on crude contracts
358,302	-133,440	49,245	50,831	0	35,019	26,023	-12,738	-14,350	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-term non-cash compensation
9,805	16,391	15,812	22,367	22,388	19,842	23,299	14,953	14,057	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase (Decrease) in Operating Capital
-107,827	57,144	-45,623	-93,139	98,505	6,602	31,999	-26,051	3,553	-77,776	41,511	837	-43,418	-113,929	65,825	-17,554	104,347	61,962	10,145	151,636	-258,807	10,669	41,509	-29,776	-18,673	-290,874	-107,267	232,761	-100,949	-83,954	148,789	404,416	-301,071	454,815	-150,434	596,077	-140,422	-1,056,849	667,017	-5,453	-244,327	-55,661	54,106	-148,165	-44,970
Other operating activities, net
-13,482	2,742	-19,274	-23,979	-18,770	-86,840	16,880	-13,355	-59,449	-111,660	100,179	73,440	18,478	35,113	-2,698	-14,736	27,085	36,595	-27,102	-10,760	-3,569	-41,426	-4,575	19,133	2,973	-39,968	-1,719	-36,383	13,896	241,081	-88,776	-15,263	-16,823	-40,488	33,655	-31,222	-38,554	-27,349	-44,762	-3,402	-75,499	-169,549	129,119	-12,982	-36,589
Net cash provided by continuing operations activities
392,657	-	497,796	438,234	217,197	-	269,685	220,794	110,887	-	-	-	-	-	166,972	70,066	43,312	86,841	381,317	181,367	533,844	714,342	879,131	729,292	725,874	992,742	948,969	540,535	728,449	1,024,838	572,305	336,683	977,554	1,995	867,166	344,760	474,963	-	-	-	-	583,410	673,965	135,379	377,451
Net cash provided by continuing operations activities
-	-	-	-	-	-	-	-	-	-205,447	227,336	285,949	305,513	-	-	-	-	-	-	-	-	-	-	-	-	-	1,009,506	747,883	921,127	-	754,109	356,112	991,006	268,638	958,805	395,042	522,900	927,677	753,138	618,346	829,397	678,166	673,965	132,475	380,027
Investing Activities
Property additions and dry hole costs
354,834	-	-	-	270,338	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property additions for King's Quay FPS
21,296	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property additions and dry hole costs
-	-	-	-	-	213,662	232,393	318,183	247,054	203,613	274,763	220,023	211,631	145,280	177,081	394,558	210,029	574,667	541,454	609,775	823,840	872,759	966,161	844,326	996,218	894,837	841,605	888,490	965,412	1,385,108	842,027	752,884	561,705	588,088	617,634	718,486	508,880	656,071	540,190	511,251	481,005	324,082	537,135	493,539	511,358
Proceeds from sales of property, plant and equipment
-	-	-	-	-	254	300	361	260	360	4,843	206	64,097	521	1,298	1,153,292	33	69	736	5,864	417,242	1,463,908	49	3,063	26	279	1,241	130	0	-95	31	40	123	-247	91	27,462	76	-6	403	247	1,545	46	410	1,044	116
Expenditures for major repairs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,068	7,440	0	2,242	2,826	-32	32	2,934	-30,649	38,586	50,516	3,724	2,576	5,544	7,408
Purchase of investment securities
-	-	-	-	-	-	-	-	-	0	0	0	212,661	44,661	0	601,941	49,277	46,536	235,488	364,024	265,739	313,639	299,828	132,059	240,802	252,882	297,419	142,876	230,320	258,562	524,274	366,908	469,564	455,766	557,715	247,353	428,253	526,111	599,583	632,857	630,169	776,331	569,427	586,006	599,751
Proceeds from maturity of investment securities
-	-	-	-	-	-	-	-	-	0	36,635	170,983	113,210	48,137	11,485	614,395	86,983	276,745	189,051	361,879	301,464	312,516	267,010	76,690	243,641	167,833	137,510	228,530	130,385	634,563	503,442	390,488	507,305	417,377	602,093	166,287	587,795	539,801	772,096	725,739	513,551	791,619	359,796	614,887	406,528
Sales proceeds
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	70,653	211,549	-	0	0	0	-	-	-	-	-	-	-	-	0	0	0	78,908
Property additions and other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-82,264	-	-	-	-5,559	-	-	-	-	-	-	-	-	-123,485	0	0	-845
Other investing activities, net
-	-	-	-	-	-	-	-	-	-	-	-	-	1	-411	-14,018	21,658	-5,890	-1,030	20,342	226	-304	6,226	9,271	3,736	-1,674	3,101	404	-2,122	8,645	-3,026	-1,983	-3,889	-850	-2,824	-2,096	-2,230	6,932	8,115	15,530	7,580	7,896	10,903	13,415	1,836
Net cash required by investing activities
-376,130	-333,181	-348,409	-1,584,276	-270,338	-1,008,031	-232,093	-317,822	-246,794	-203,253	-233,285	-48,834	-246,985	-141,284	-163,887	785,206	-193,948	-338,499	-586,125	-626,398	-371,099	590,330	-1,005,156	-905,903	-997,089	-1,101,772	-1,038,930	-773,000	-933,940	-894,699	-953,080	-751,592	-525,511	-269,460	-198,250	-784,109	-362,535	-740,903	-461,497	-472,238	-654,174	-453,853	-759,835	-482,573	-635,646
Financing Activities
Borrowings on revolving credit facility
170,000	-	500,000	1,075,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of nonrecourse debt of a subsidiary
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-2,572
Repurchase of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	125,000	250,000	250,000	0	250,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital lease obligation payments
168	178	175	175	160	-	-	-	-	-14,687	2,704	2,323	9,660	2,639	2,636	2,482	2,690	3,278	2,453	2,232	2,471	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt issuance, net of cost
613	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	342	3,943	0	-	-	-	-	-	-	-	-	-	-	-	-
Borrowings on revolving credit facility and term loan
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	371,000	-285,000	62,000	668,000	155,000	-950,000	200,000	371,000	479,000	-	-	199,989	261,989	1,060,568	393,003	541,907	-11	-384,970	-210,010	559,990	34,990	247,028	-125,009	-19	-122,000	-	-	-	-
Repayment of revolving credit facility and term loan
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	450,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	30,000
Early retirement of debt
3,570	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercise of stock options and employee stock purchase plans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	631	150	1,347	1,281	1,186	2,386	2,153	6,599	7,306	345	1,084	6,816	16,895	11,302	9,178	5,620	4,152	3,165	1,009	4,420
Excess tax benefits related to exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	629	291	1,037	719	51	-185	4,253	2,087	9,102	292	191	1,669	443	74	1,957
Withholding tax on stock-based incentive awards
7,094	0	0	0	6,991	1,154	0	280	6,642	-35	70	1,273	5,808	-	0	86	1,052	-	0	0	8,976	-	2	465	6,319	4,014	3,747	1,629	7,337	-181	-181	-1,798	5,501	0	0	0	8,014	0	0	240	4,930	-	-	-	-
Distributions to noncontrolling interest
32,399	30,648	28,734	50,339	18,437	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash dividends paid
38,392	38,232	39,934	42,105	43,398	43,264	43,263	43,259	43,258	43,144	43,143	43,142	43,136	43,049	43,051	60,268	60,267	60,209	60,208	62,294	62,287	62,123	62,122	56,053	56,073	57,303	58,429	59,704	59,672	546,909	60,723	53,414	53,383	53,223	53,217	53,208	53,104	52,966	52,739	47,889	47,811	47,762	47,700	47,687	47,639
Other financing activities, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-8,976	-1	-44	-108	-6,690	-160	-984	-240	561	-310	-2,633	-91	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash (required) provided by financing activities
87,764	-168,608	-2,074,857	1,182,457	-68,986	280,418	-43,417	-43,539	-49,900	-28,597	-54,145	-46,738	-58,604	-45,802	481,766	-1,033,836	306,991	-348,487	-662	353,430	-368,842	-1,037,292	137,716	188,498	166,368	39,875	70,180	-112,630	196,170	263,042	335,134	138,792	-51,259	-769,495	-263,778	500,009	-15,059	-118,994	-237,075	-40,947	-168,930	-251,941	-95,592	488,396	-73,834
Cash Flows from Discontinued Operations
Cash Flows from Discontinued Operations
Operating activities
-1,202	-578	-47,911	-1,197	123,469	36,514	79,494	123,463	167,386	-	-	-	-	-	-2,355	2,873	2,312	-10,139	80,579	-20,586	-64,859	44,411	-88,491	63,270	-58,753	-32,771	60,537	207,348	192,678	-69,784	181,804	19,429	13,452	266,643	91,639	50,282	47,937	-	-	-	-	94,756	0	-2,904	2,576
Investing activities
4,494	36,832	2,035,000	-23,360	-26,438	-30,683	-10,805	-23,062	-26,848	-	-	-	-	-	-	-	-	-29	21	5,276	46	211,642	-3,009	-4,226	-4,866	-	-	-	-	-	-	-	-	-	-	-14,147	-15,471	-	-	-	-	-	-	-	-
Financing activities
0	0	0	-2,367	-2,547	-2,419	-2,365	-2,243	-2,405	-	-	-	-	-	2,355	-2,873	-2,312	12,811	90,548	24,519	64,707	-	-	-	68,758	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by discontinued operations
3,292	36,254	1,987,089	-26,924	94,484	3,412	66,324	98,158	138,133	-	-	-	-	-	0	0	0	2,643	171,148	9,209	-106	253,149	12,194	-9,714	5,139	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash transferred from discontinued operations to continuing operations
0	36,832	2,035,000	2,485	46,080	76,051	72,234	92,602	371,656	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rate changes on cash and cash equivalents
-3,298	940	-675	863	2,405	15,623	-11,275	3,331	21,051	7,124	-1,186	-7,743	3,132	-13,655	759	22,984	-16,475	2,018	3,721	10,658	-6,103	-1,242	-10,950	10,301	-1,835	2,983	18,755	-4,932	-13,568	-235	8,889	-8,319	8,540	5,209	-19,042	885	8,288	5,653	9,006	-6,314	-7,464	13,705	-10,554	41,382	-9,254
Net increase (decrease) in cash and cash equivalents
100,993	-128,139	108,855	39,763	-73,642	-487,910	55,134	-44,634	206,900	-	-	-	3,056	119,704	485,610	-155,580	139,880	-595,484	-30,601	-71,734	-212,306	519,287	12,935	12,474	-101,543	-283,782	59,511	-142,679	169,789	130,622	145,052	-265,007	422,776	-765,108	477,735	111,827	153,594	73,433	63,572	98,847	-1,171	-13,923	-192,016	179,680	-338,707
SUPPLEMENTAL DISCLOSURES OF CASH FLOW ACTIVITIES
Cash income taxes paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	82,401
Interest paid more than (less than) amounts capitalized
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-8,975