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Murphy USA Inc. - MUSA STOCK NEWS

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.

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Murphy USA (NYSE: MUSA) announced the release of its preliminary second quarter 2024 earnings results on July 31, 2024, after the market closes. The company has scheduled a conference call for August 1, 2024, at 10:00 a.m. CT to discuss these results. Investors can join the call by dialing 1-888-330-2384 using the conference ID 6680883. Alternatively, the call will be webcast live on Murphy USA’s Investor Relations website. A replay of the webcast will be available an hour after the call ends, along with a transcript of the discussion.

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Murphy USA Inc. announced a dividend increase of 4.8%, with a quarterly cash dividend of $0.44 per share, or $1.76 per share annually. The dividend will be paid on June 3, 2024, to stockholders of record as of May 20, 2024.

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Murphy USA Inc. reported its preliminary first-quarter 2024 results, showcasing a net income of $66.0 million, or $3.12 per diluted share, compared to $106.3 million, or $4.80 per diluted share, in Q1 2023. Retail gallons increased by 1.0%, while same-store sales volumes declined by 0.9%. Merchandise contribution dollars rose by 2.4% to $191.6 million. The Company repurchased 216.0 thousand common shares for $86.9 million and paid a quarterly dividend of $0.42 per share. Despite lower net income and Adjusted EBITDA, Murphy USA remains optimistic about its long-term value creation strategy.

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Murphy USA Inc. launches 'Great Futures Fueled Here' campaign to support Boys & Girls Clubs of America, raising $8.2 million since 2020. The 2024 customer round-up campaign will run from April 3 to July 2, 2024, across 27 states.
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Murphy USA Inc. (MUSA) will release preliminary first quarter 2024 earnings results on May 1, 2024, followed by a conference call on May 2, 2024. Interested parties can participate via phone or webcast.
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Murphy USA Inc. (MUSA) announces participation in two investor conferences. Andrew Clyde, President and CEO, to present at Raymond James and J.P. Morgan conferences.
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Murphy USA Inc. (NYSE: MUSA) announced executive leadership changes, appointing Mindy West as Executive Vice President and Chief Operating Officer. West will oversee Murphy USA and QuickChek brands, driving strategic initiatives and profitability. Galagher Jeff joins as CFO, and Chris Click is promoted to EVP Strategy, Growth, and Innovation.
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Murphy USA Inc. (MUSA) declared a quarterly cash dividend of $0.42 per share, or $1.68 per share annually, with a 2.4% increase from the previous quarter. The dividend will be paid on March 7, 2024, to shareholders of record as of February 26, 2024.
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Murphy USA Inc. (MUSA) reported net income of $150.0 million, or $7.00 per diluted share, in Q4 2023, compared to $117.7 million, or $5.21 per diluted share, in Q4 2022. For the full year 2023, net income was $556.8 million, or $25.49 per diluted share, compared to 2022 net income of $672.9 million, or $28.10 per diluted share. Total fuel contribution for Q4 2023 was 32.5 cpg, compared to 30.6 cpg in Q4 2022. For the year 2023, total fuel contribution was 31.4 cpg, compared to 34.3 cpg in 2022. Total retail gallons were 1.2 billion in both Q4 2023 and Q4 2022, while volumes on a same store sales basis declined 2.0% in Q4 2023 compared to Q4 2022. Total retail gallons were 4.8 billion gallons for both full year 2023 and 2022, and volumes on a SSS basis for the full year 2023 decreased 1.8% compared to the prior-year period.
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Murphy USA Inc. (NYSE: MUSA) will release preliminary Q4 2023 earnings results on February 7, 2024, followed by a conference call on February 8, 2024. Interested parties can participate via phone or webcast.
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FAQ

What does Murphy USA Inc. do?

Murphy USA Inc. is a convenience retailer and fuel provider operating over 1,270 stores in the United States, offering quality, low-priced fuels and exceptional customer service.

Where is Murphy USA Inc. headquartered?

Murphy USA Inc. is headquartered in El Dorado, Arkansas.

When was Murphy USA Inc. founded?

Murphy USA Inc. was founded in December 1996 in Chattanooga, Tennessee.

How many stores does Murphy USA Inc. operate?

Murphy USA Inc. operates more than 1,270 stores in 23 states.

How many employees does Murphy USA Inc. have?

Murphy USA Inc. employs more than 9,000 people.

What is unique about Murphy USA's business model?

Murphy USA's business model focuses on being a low-cost, high-volume fuel retailer. The majority of its stores are located adjacent to Walmart stores, offering competitive prices and a discount program.

What are Murphy USA Inc.'s recent achievements?

Murphy USA has been expanding its store network, adopting new technologies to improve operational efficiencies, and enhancing its customer loyalty programs.

What assets does Murphy USA Inc. own?

Murphy USA owns product supply and wholesale assets, including product distribution terminals and pipelines.

How does Murphy USA Inc. ensure a steady supply of products?

Murphy USA's vertical integration, which includes owning product distribution terminals and pipelines, helps maintain a steady supply of products to its stores.

What is Murphy USA Inc.'s mission?

Murphy USA's mission is to help people buy smarter and drive farther, reflecting its dedication to customer satisfaction and market leadership.

Murphy USA Inc.

NYSE:MUSA

MUSA Rankings

MUSA Stock Data

10.34B
20.72M
8.84%
85.61%
5.97%
Other Gasoline Stations
Retail Trade
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United States of America
EL DORADO