Murphy Usa Inc Stock Price, News & Analysis

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 $0.35 per share, translating to an annualized $1.40 per share, marking a 9% increase from the previous quarter. The dividend will be payable on December 1, 2022, to stockholders on record as of November 8, 2022. Murphy USA, a leading gasoline and convenience merchandise retailer, operates over 1,650 stores across 27 states, catering to approximately two million customers daily.

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 $0.32 per share, representing an annualized amount of $1.28, marking a 3% increase from the previous quarter. This dividend is scheduled for payment on September 8, 2022, to stockholders recorded by August 30, 2022. Murphy USA operates over 1,650 retail outlets across the United States, serving approximately 2 million customers daily, primarily near Walmart Supercenters.

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 $0.31 per share, marking a 7% increase from the previous quarter. This results in an annualized rate of $1.24 per share. The dividend will be paid on June 1, 2022, to shareholders of record as of May 17, 2022. With over 1,650 stores primarily in the U.S., Murphy USA continues to serve approximately two million customers daily.

Murphy USA announced impressive Q1 2022 financial results, reporting a net income of $152.4 million or $6.08 per diluted share, a significant rise from $55.3 million or $2.01 per share in Q1 2021. Total fuel contribution reached 34.0 cpg, up from 22.5 cpg, driven by a 7.8% increase in retail gallons sold. Merchandise contribution rose 18.4% to $175.7 million, with a unit margin of 19.7%. The company opened seven new stores, expanding its total to 1,686. Share repurchases totaled 0.8 million shares at an average price of $181.36.

Murphy USA (NYSE: MUSA) has launched the 'Great Futures Fueled Here' campaign, aiming to raise an additional $500,000 for the Boys & Girls Clubs of America after already contributing $3 million. The campaign will run from April 6 to July 5 and resumes from August 3 to November 1. Customers at Murphy USA and Murphy Express locations across 27 states can contribute by rounding up purchases or donating directly. This initiative supports essential youth programs, providing resources for young people to thrive.