Murphy Usa Inc Stock Price, News & Analysis

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.

Murphy USA (NYSE: MUSA) has announced a quarterly cash dividend of $0.29 per share, totaling $1.16 annually, payable on December 1, 2021. Stockholders of record as of November 8, 2021 will receive this dividend. The company’s CEO Andrew Clyde expressed confidence in increasing dividends by approximately 10% annually for the next five years, alongside ongoing share repurchase efforts. This strategy underscores Murphy USA's commitment to delivering strong returns to shareholders while maintaining a robust financial position.

Murphy USA Inc. (NYSE: MUSA) has appointed David L. Goebel and Rosemary Turner as independent directors. Goebel, with a strong background in restaurant management, has served in executive roles at Applebee's and is currently Non-Executive Chairman at Jack in the Box. Turner brings a wealth of experience from her 40-year career at UPS, where she held leadership positions in transportation and logistics. The board's expansion aims to leverage their expertise to enhance shareholder value and execute the company’s growth strategy.

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.