Welcome to our dedicated page for MURPHY USA news (Ticker: MUSA), a resource for investors and traders seeking the latest updates and insights on MURPHY USA stock.
Murphy USA Inc. (NYSE: MUSA) is a leading convenience retailer dedicated to providing high-quality, low-priced fuels and exceptional service to its customers across the United States. Founded in December 1996 in Chattanooga, Tennessee, Murphy USA has grown exponentially and now operates over 1,270 stores in 23 states, employing more than 9,000 people. Headquartered in El Dorado, Arkansas, the company's stores serve nearly 2 million customers every day, underscoring its commitment to convenience and reliability.
Murphy USA's business model focuses on being a low-cost, high-volume fuel retailer. The majority of its stores are strategically located adjacent to Walmart stores, which allows the company to offer competitive prices and a discount program to their customers. The company prides itself on its best-in-class customer service and its ability to provide customers with convenient locations and quality fuels.
In addition to retail operations, Murphy USA owns and operates product supply and wholesale assets, including product distribution terminals and pipelines. This vertical integration helps maintain its competitive edge and ensures a steady supply of products to its stores.
The company continues to make strategic alliances, responsible investments, and smarter business practices to benefit its customers, investors, employees, and partners. Some of its recent projects include expanding its store network, adopting new technologies to improve operational efficiencies, and enhancing its customer loyalty programs. Murphy USA's forward-thinking approach ensures that it remains a key player in the fuel retailing industry.
With a strong financial foundation and innovative strategies, Murphy USA is well-positioned for continued growth and success. The company's mission to help people buy smarter and drive farther is at the core of its operations, reflecting its dedication to customer satisfaction and market leadership.
Stay updated with the latest news and developments from Murphy USA Inc. for detailed insights into the company's performance and future projects.
Murphy USA Inc. (NYSE: MUSA) reported strong preliminary financial results for Q4 and full year 2022. Net income increased to $117.7 million ($5.21 per diluted share) in Q4 2022, up from $108.8 million ($4.23 per diluted share) in Q4 2021. The company achieved a full-year net income of $672.9 million ($28.10 per diluted share), significantly higher than the previous year's $396.9 million ($14.92 per diluted share). Fuel contribution reached 30.6 cents per gallon in Q4 2022, aided by a 7.8% retail gallon increase. Merchandise contribution rose 4.2% in Q4 2022. The company repurchased 3.3 million shares for about $806.4 million in 2022. Management projects continued growth into 2023.
Murphy USA Inc. (NYSE: MUSA) will release its preliminary fourth quarter 2022 earnings results on February 1, 2023, after market close, followed by a conference call on February 2, 2023, at 10:00 a.m. CT. Participants can dial in at 1-888-330-2384 using conference ID 6680883 or access the call via webcast on Murphy USA's Investor Relations website. Murphy USA operates over 1,700 retail gasoline and convenience store locations across the United States, serving approximately two million customers daily.
Murphy USA Inc. (NYSE: MUSA) reported strong financial results for Q3 2022, with net income of $219.5 million ($9.28 per diluted share), up from $104.0 million in Q3 2021. Total fuel contribution surged to 37.6 cpg, and total retail gallons sold increased by 13.2% to 1.2 billion. Merchandise contribution rose 9.8% to $205.7 million. The company opened 7 new stores, repurchased 0.8 million shares for $211.5 million, and announced a dividend increase to $0.35 per share, payable December 1, 2022. Murphy USA's strong performance reflects resilience in its low-price model.
The Board of Directors of Murphy USA (NYSE: MUSA) has declared a quarterly cash dividend of
Murphy USA Inc. (NYSE: MUSA) will release its preliminary third quarter 2022 earnings after the market close on October 26, 2022. A conference call is scheduled for 10:00 a.m. CT on October 27, 2022, accessible by dialing 1-888-330-2384 with conference ID 6680883. Interested participants can also join via webcast on Murphy USA’s Investor Relations page. Murphy USA operates over 1,650 retail locations across 27 states, serving around two million customers daily.
The Board of Directors of Murphy USA (NYSE: MUSA) announced a quarterly cash dividend of
Murphy USA Inc. (NYSE: MUSA) reported Q2 2022 net income of $183.3 million, or $7.53 per diluted share, a notable rise from $128.8 million, or $4.79 per diluted share in Q2 2021. Fuel contribution rose to 34.9 cpg, up from 28.2 cpg the previous year, driven by a 7.8% increase in retail gallons sold. Merchandise contribution also improved, reaching $196.7 million. The company opened 9 new Murphy Express stores and repurchased approximately 0.9 million shares. Despite increased operational expenses, particularly in employee costs, overall performance indicates strong market positioning amid economic challenges.
Murphy USA Inc. (NYSE: MUSA) will announce its preliminary second quarter 2022 earnings results on July 27, 2022, after market close. A conference call will follow on July 28, 2022, at 10:00 a.m. CT. Interested participants can join by calling 1-888-330-2384, referencing conference ID 6680883, or via webcast on the company's Investor Relations website. Murphy USA operates over 1,650 stores across the U.S., serving around two million customers daily.
The Board of Directors of Murphy USA (NYSE: MUSA) declared a quarterly cash dividend of
FAQ
What is the current stock price of MURPHY USA (MUSA)?
What is the market cap of MURPHY USA (MUSA)?
What does Murphy USA Inc. do?
Where is Murphy USA Inc. headquartered?
When was Murphy USA Inc. founded?
How many stores does Murphy USA Inc. operate?
How many employees does Murphy USA Inc. have?
What is unique about Murphy USA's business model?
What are Murphy USA Inc.'s recent achievements?
What assets does Murphy USA Inc. own?
How does Murphy USA Inc. ensure a steady supply of products?
What is Murphy USA Inc.'s mission?
