Welcome to our dedicated page for Murphy Usa news (Ticker: MUSA), a resource for investors and traders seeking the latest updates and insights on Murphy Usa stock.
Murphy USA Inc. reports news on a retail fuel and convenience-store business operating under the Murphy USA, Murphy Express and QuickChek brands. Company updates commonly cover retail motor fuel volumes and margins, merchandise contribution, fuel supply activity, new-store development and operating expenses across stores located primarily in the Southwest, Southeast, Midwest and Northeast United States.
Recurring announcements also include quarterly results, guidance, dividend declarations, share repurchase activity, investor presentations and board or executive leadership changes. The company’s business mix includes gasoline sales, convenience merchandise and fuel marketed to unbranded wholesale customers through terminal and pipeline positions.
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.
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.