Murphy Usa Inc Stock Price, News & Analysis

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.

The Board of Directors of Murphy USA (NYSE: MUSA) has declared a quarterly cash dividend of $0.25 per share, equating to an annualized dividend of $1.00. The dividend will be paid on September 9, 2021, to shareholders on record as of August 30, 2021. Murphy USA operates over 1,650 retail locations across the U.S., serving about two million customers daily.

The company ranks 322 on the Fortune 500 list, highlighting its significant presence in the gasoline and convenience retail market.

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.