Murphy Usa Inc Stock Price, News & Analysis

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.

Murphy USA Inc. (NYSE: MUSA) is set to release its preliminary first quarter 2022 earnings results after market close on May 3, 2022. Following the earnings report, a conference call is scheduled for May 4, 2022, at 10:00 a.m. CT, accessible via phone at 1-888-330-2384 or through a webcast on their Investor Relations page. The company operates over 1,650 stores across the U.S., primarily near Walmart Supercenters, serving around two million customers daily.

The Board of Directors of Murphy USA (NYSE: MUSA) has declared a quarterly cash dividend of $0.29 per share, amounting to $1.16 annualized. The dividend will be paid on March 3, 2022, to stockholders of record as of February 21, 2022. With over 1,650 stores across 27 states, Murphy USA serves approximately two million customers daily. The company is recognized for its convenience merchandise and is positioned close to Walmart Supercenters, ranking 322 among Fortune 500 companies.

Murphy USA Inc. (NYSE: MUSA) reported strong financial results for Q4 and FY 2021, with net income of $108.8 million ($4.23/share) in Q4, up from $61 million ($2.16/share) in Q4 2020. Full-year net income reached $396.9 million ($14.92/share), a slight increase from $386.1 million in 2020. Fuel contribution rose to 27.5 cpg in Q4, while merchandise sales surged 57.2% to $181.4 million, driven largely by the QuickChek acquisition. The company also repurchased shares worth $123.5 million and announced a $1 billion buyback program, reflecting strong free cash flow generation.

Murphy USA Inc. (NYSE: MUSA) is set to release its preliminary fourth quarter earnings results on February 2, 2022, after market close. A conference call will follow on February 3, 2022, at 10:00 a.m. CT, allowing participants to dial in or access via webcast. Murphy USA operates over 1,650 retail gasoline and convenience stores across 27 states, serving about two million customers daily. The company ranks 322 in the Fortune 500.

The Board of Directors of Murphy USA (NYSE: MUSA) has authorized a new share repurchase program of up to $1 billion, following the completion of a $500 million program set to finish nearly two years early. This initiative supports the company's strategy to enhance shareholder value, alongside a growing dividend plan. President and CEO Andrew Clyde cites strong operating performance and free cash flow generation as key reasons for this decision, reflecting confidence in future growth. The repurchase may begin after December 31, 2026, with management determining the timing based on market conditions.

Murphy USA Inc. (NYSE: MUSA) reported strong Q3 2021 results, with net income rising to $104.0 million ($3.98 per diluted share) from $66.9 million in Q3 2020. Fuel contributions increased to 26.6 cpg, while retail gallons sold jumped 11.4%. Merchandise contribution soared 58.6% to $187.3 million, bolstered by QuickChek's acquisition. The company opened 7 new stores and announced a dividend increase to $0.29 per share. Operating expenses rose mainly due to QuickChek's integration.