Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - MURPHY OIL CORP | Financial_Report.xls |
| EX-2.1 - EX-2.1 - MURPHY OIL CORP | mur-20140930ex2111c834d.htm |
| EX-32 - EX-32 - MURPHY OIL CORP | mur-20140930xex32.htm |
| EX-31.2 - EX-31.2 - MURPHY OIL CORP | mur-20140930ex312bad299.htm |
| EX-31.1 - EX-31.1 - MURPHY OIL CORP | mur-20140930ex3110b9869.htm |
| 10-Q - 10-Q - MURPHY OIL CORP | mur-20140930x10q.htm |
Murphy Oil Corporation and Consolidated Subsidiaries
Computation of Ratio of Earnings to Fixed Charges (unaudited)
(Thousands of dollars)
|
Nine Months |
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Ended |
Years Ended December 31, |
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|
Sept. 30, 2014 |
2013 |
2012 |
2011 |
2010 |
2009 |
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|
Income from continuing operations |
$ |
1,035,267 | 1,472,687 | 1,368,010 | 1,167,875 | 1,115,639 | 1,124,587 | |||||
|
Distributions greater than equity in |
3,669 | 5,204 | 6,648 | 2,622 | 5,343 | 4,970 | ||||||
|
Previously capitalized interest |
13,028 | 16,896 | 18,061 | 18,757 | 29,401 | 26,954 | ||||||
|
Interest and expense on indebtedness, |
82,381 | 71,900 | 14,932 | 40,700 | 34,728 | 24,391 | ||||||
|
Interest portion of rentals* |
42,956 | 44,478 | 42,103 | 42,235 | 44,122 | 32,563 | ||||||
|
Earnings before provision for taxes |
1,177,301 | 1,611,165 | 1,449,754 | 1,272,189 | 1,229,233 | 1,213,465 | ||||||
|
Interest and expense on indebtedness, |
82,381 | 71,900 | 14,932 | 40,700 | 34,728 | 24,391 | ||||||
|
Capitalized interest |
19,244 | 52,523 | 39,173 | 15,131 | 18,444 | 28,614 | ||||||
|
Interest portion of rentals* |
42,956 | 44,478 | 42,103 | 42,235 | 44,122 | 32,563 | ||||||
|
Total fixed charges |
$ |
144,581 | 168,901 | 96,208 | 98,066 | 97,294 | 85,568 | |||||
|
Ratio of earnings to fixed charges |
8.1 | 9.5 | 15.1 | 13.0 | 12.6 | 14.2 | ||||||
*Calculated as one-third of rentals. Considered a reasonable approximation of interest factor.
Ex. 12-1