Murphy Usa Inc Stock Price, News & Analysis

Murphy USA Inc. (NYSE: MUSA) reported Q2 2021 net income of $128.8 million ($4.79 per diluted share), down from $168.9 million ($5.73) in Q2 2020. Total fuel contribution decreased to 28.2 cents per gallon, while total retail gallons surged by 32.6%. Merchandise contribution rose significantly by 55.8% to $184.5 million, driven by the QuickChek acquisition. The company announced updated guidance for 2021 with expected fuel contribution margins higher than initially projected, despite challenges including supply chain issues and increased operating expenses due to labor and maintenance costs.

Murphy USA Inc. (NYSE: MUSA) will release its preliminary second quarter 2021 earnings results on July 28, 2021, after market close. A conference call to discuss the results will take place on July 29, 2021, at 10:00 a.m. CT, accessible by dialing 1-833-968-2218 or via webcast on Murphy USA's Investor Relations website. With over 1,650 stores, Murphy USA serves around two million customers daily and ranks 322 among Fortune 500 companies.

Murphy USA (NYSE: MUSA) announced a major hiring campaign to fill 3,000 positions across its 1,650 stores, supporting its growth. New team members hired by May 31, 2021, are eligible for a $500 Summer Bonus. The company emphasizes employee development and offers benefits including Pay On-Demand and mental health support through an Employee Assistance Program. Murphy USA serves 2 million customers daily and ranks 262 among Fortune 500 companies, primarily operating in partnership with Walmart.

The Board of Directors of Murphy USA Inc. (NYSE: MUSA) has declared a quarterly cash dividend of $0.25 per share, amounting to $1.00 annually. This dividend will be payable on June 1, 2021, to stockholders on record as of May 17, 2021. Murphy USA is a major retailer with over 1,650 stations across the United States, serving approximately 2.0 million customers daily. The company continues to expand its operations and maintain a strong presence in the fuel and convenience retail market.

Murphy USA Inc. (MUSA) reported its Q1 2021 financial results, revealing a net income of $55.3 million ($2.01 per share), down from $89.3 million ($2.92 per share) in Q1 2020. Fuel contribution remained stable at 22.5 cents per gallon, but total retail gallons decreased by 4.2%. Merchandise contribution surged 38.1% to $148.4 million, aided by the QuickChek acquisition. The company's debt rose due to the acquisition and operating expenses increased significantly, reflecting QuickChek's higher costs. Murphy USA repurchased 0.4 million shares for $50 million, maintaining a strong cash position with $304.1 million available.

Murphy USA (NYSE: MUSA) will announce its preliminary first quarter 2021 earnings on April 28, 2021, after market close. A conference call will follow on April 29 at 10:00 a.m. CT, accessible via phone or webcast. Murphy USA operates over 1,650 gasoline and convenience stores across 27 states, primarily near Walmart locations, serving around 2 million customers daily. The company ranks 262 on the Fortune 500 list. Investors can find more details on the company's Investor Relations page.

Murphy USA (NYSE: MUSA) launches the 'Great Futures Fueled Here' campaign, starting April 7, 2021, across 25 states. This initiative aims to raise an additional $500,000 for Boys & Girls Clubs of America, contributing to the $1.5 million already raised. The campaign will engage customers to 'Round-up' purchases at Murphy USA and Murphy Express locations, enhancing resources for youth in local communities. The campaign’s first phase runs until July 6, with a second phase from August 4 to November 2, 2021.

Murphy USA (NYSE: MUSA) has launched the second year of its 'Great Futures Fueled Here' campaign, aiming to raise an additional $500,000 for the Boys & Girls Clubs of America. The campaign will run from April 7 to July 6 and again from August 4 to November 2, providing customers the option to donate at checkout. This initiative follows the successful raising of over $1.5 million in previous years, emphasizing the company's commitment to youth development and community support.

Murphy USA (NYSE: MUSA) has announced its participation in two upcoming investor conferences. Andrew Clyde, CEO, will present at the Raymond James 2021 Institutional Investors Conference on March 1, 2021, at 4:40 p.m. ET, with a live audio webcast available on the company's website. The company will also participate in the J.P. Morgan 2021 Global High Yield and Leveraged Finance Conference on March 2, 2021. Murphy USA operates over 1,650 gasoline and convenience merchandise stations, serving 2 million customers daily across 27 states.