California Resources Corporation (CRC) vs Murphy Oil Corporation (MUR)

California Resources Corporation and Murphy Oil Corporation are both Oil & Gas E&P companies. Murphy Oil Corporation is the larger, with a market value of $5.1B against $4.7B — 1.1× the size. California Resources Corporation has negative trailing earnings, so its P/E is not meaningful; Murphy Oil Corporation trades at 17.7×. Murphy Oil Corporation grew revenue faster over the last twelve months: 8.20% against −22.5%. Murphy Oil Corporation has the higher net margin (9.74% vs −3.79%) and the higher return on invested capital (5.39% vs −0.74%). Both pay a dividend; Murphy Oil Corporation yields more (3.08% vs 2.13%). Across the 22 metrics below, Murphy Oil Corporation leads on 15 and California Resources Corporation on 7.

Valuation

Metric CRC MUR Oil & Gas E&P median
P/E n/m 17.72 10.57
P/S 1.46 1.72 1.80
P/B 1.37 0.96 1.27
Price to free cash flow 12.11 15.93 9.99
EV/EBITDA 13.04 3.89 5.08
EV/Sales 1.88 2.08 2.39
Earnings yield (2.53%) 5.64% 6.06%
Free cash flow yield 8.26% 6.28% 6.17%

Profitability

Metric CRC MUR Oil & Gas E&P median
Gross margin 52.43% 100.00% 80.41%
Operating margin (1.72%) 18.48% 21.39%
Net margin (3.79%) 9.74% 14.17%
Free cash flow margin 12.05% 10.83% 9.71%
Return on equity (3.55%) 5.47% 10.05%
Return on assets (1.75%) 2.92% 5.81%
Return on invested capital (0.74%) 5.39% 6.32%

Growth

Metric CRC MUR Oil & Gas E&P median
Revenue growth (TTM) (22.45%) 8.20% 9.94%
EPS growth (last fiscal year) (10.17%) (73.33%) —
Revenue growth, 5-year CAGR 18.67% 6.68% 18.67%
Net income growth, 5-year CAGR (27.12%) 0.00% 0.00%

Health

Metric CRC MUR Oil & Gas E&P median
Debt to equity 0.38 0.29 0.28
Current ratio 0.66 0.85 0.96
Net debt to EBITDA 1.04 0.78 0.91

Dividend

Metric CRC MUR Oil & Gas E&P median
Dividend yield 2.13% 3.08% 4.93%
Payout ratio 0.08 0.16 0.07

Size

Metric CRC MUR Oil & Gas E&P median
Market cap 4.66b 5.14b 923.59m

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