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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) will announce its preliminary third quarter 2021 earnings on October 27, 2021, post-market hours. A conference call is scheduled for 10:00 a.m. CT on October 28, 2021, accessible by dialing 1-833-968-2218 with conference ID 8602898 or via webcast on the company’s Investor Relations website. Murphy USA operates over 1,650 retail gasoline and convenience stores across the United States, primarily near Walmart Supercenters, serving approximately two million customers daily.
Murphy USA (NYSE: MUSA) has announced its participation in two major investor conferences. The company's President and CEO, Andrew Clyde, will engage in a 'fireside chat' at the Goldman Sachs 28th Annual Global Retailing Conference on September 10, 2021, at 8:20 a.m. ET, with a live audio webcast available on their website. Additionally, Murphy USA will hold investor meetings at the Raymond James 2021 Consumer Conference on September 14, 2021. With over 1,650 stores across the U.S., Murphy USA serves approximately two million customers daily.
The Board of Directors of Murphy USA (NYSE: MUSA) has declared a quarterly cash dividend of $0.25 per share, equating to an annualized dividend of $1.00. The dividend will be paid on September 9, 2021, to shareholders on record as of August 30, 2021. Murphy USA operates over 1,650 retail locations across the U.S., serving about two million customers daily.
The company ranks 322 on the Fortune 500 list, highlighting its significant presence in the gasoline and convenience retail market.
Murphy USA Inc. (NYSE: MUSA) reported Q2 2021 net income of $128.8 million ($4.79 per diluted share), down from $168.9 million ($5.73) in Q2 2020. Total fuel contribution decreased to 28.2 cents per gallon, while total retail gallons surged by 32.6%. Merchandise contribution rose significantly by 55.8% to $184.5 million, driven by the QuickChek acquisition. The company announced updated guidance for 2021 with expected fuel contribution margins higher than initially projected, despite challenges including supply chain issues and increased operating expenses due to labor and maintenance costs.
Murphy USA Inc. (NYSE: MUSA) will release its preliminary second quarter 2021 earnings results on July 28, 2021, after market close. A conference call to discuss the results will take place on July 29, 2021, at 10:00 a.m. CT, accessible by dialing 1-833-968-2218 or via webcast on Murphy USA's Investor Relations website. With over 1,650 stores, Murphy USA serves around two million customers daily and ranks 322 among Fortune 500 companies.
Murphy USA (NYSE: MUSA) announced a major hiring campaign to fill 3,000 positions across its 1,650 stores, supporting its growth. New team members hired by May 31, 2021, are eligible for a $500 Summer Bonus. The company emphasizes employee development and offers benefits including Pay On-Demand and mental health support through an Employee Assistance Program. Murphy USA serves 2 million customers daily and ranks 262 among Fortune 500 companies, primarily operating in partnership with Walmart.
The Board of Directors of Murphy USA Inc. (NYSE: MUSA) has declared a quarterly cash dividend of $0.25 per share, amounting to $1.00 annually. This dividend will be payable on June 1, 2021, to stockholders on record as of May 17, 2021. Murphy USA is a major retailer with over 1,650 stations across the United States, serving approximately 2.0 million customers daily. The company continues to expand its operations and maintain a strong presence in the fuel and convenience retail market.
Murphy USA Inc. (MUSA) reported its Q1 2021 financial results, revealing a net income of $55.3 million ($2.01 per share), down from $89.3 million ($2.92 per share) in Q1 2020. Fuel contribution remained stable at 22.5 cents per gallon, but total retail gallons decreased by 4.2%. Merchandise contribution surged 38.1% to $148.4 million, aided by the QuickChek acquisition. The company's debt rose due to the acquisition and operating expenses increased significantly, reflecting QuickChek's higher costs. Murphy USA repurchased 0.4 million shares for $50 million, maintaining a strong cash position with $304.1 million available.
Murphy USA (NYSE: MUSA) will announce its preliminary first quarter 2021 earnings on April 28, 2021, after market close. A conference call will follow on April 29 at 10:00 a.m. CT, accessible via phone or webcast. Murphy USA operates over 1,650 gasoline and convenience stores across 27 states, primarily near Walmart locations, serving around 2 million customers daily. The company ranks 262 on the Fortune 500 list. Investors can find more details on the company's Investor Relations page.
Murphy USA (NYSE: MUSA) launches the 'Great Futures Fueled Here' campaign, starting April 7, 2021, across 25 states. This initiative aims to raise an additional $500,000 for Boys & Girls Clubs of America, contributing to the $1.5 million already raised. The campaign will engage customers to 'Round-up' purchases at Murphy USA and Murphy Express locations, enhancing resources for youth in local communities. The campaign’s first phase runs until July 6, with a second phase from August 4 to November 2, 2021.
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