Murphy Usa Inc Stock Price, News & Analysis

Murphy USA Inc. (NYSE: MUSA) is set to release its preliminary first quarter 2023 earnings results on May 2, 2023, after market close. Following the earnings release, a conference call will take place on May 3, 2023 at 10:00 a.m. CT. Interested parties can join by dialing 1-888-330-2384 (conference ID: 6680883) or via webcast accessible through their Investor Relations page. The company operates over 1,700 retail locations primarily in the U.S., serving approximately two million customers daily. Murphy USA ranks 240 among Fortune 500 firms, showcasing its significant presence in the fuel and convenience merchandise sectors.

Murphy USA Inc. (NYSE: MUSA) announced its participation in two upcoming investor conferences. Andrew Clyde, President and CEO, will present at the Raymond James 2023 Institutional Investors Conference on March 6, 2023, at 9:15 a.m. ET, with a live audio webcast available on the company’s website. Additionally, Murphy USA will participate in the J.P. Morgan 2023 Global High Yield and Leveraged Finance Conference on March 7, 2023. As a leading retailer with over 1,700 locations, Murphy USA serves about two million customers daily and ranks 240 among Fortune 500 companies.

The Board of Directors of Murphy USA (NYSE: MUSA) has declared a quarterly cash dividend of $0.37 per share, reflecting a 6% increase from the previous quarter, amounting to an annualized rate of $1.48 per share. This dividend will be payable on March 1, 2023, to stockholders record as of February 21, 2023. Murphy USA operates over 1,700 convenience stores and serves approximately two million customers daily across 27 states. The company has been reporting strong performance within the gasoline retail sector, indicating robust financial health.

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.