Murphy USA(NYSE) MUSA

Murphy USA sells cheap fuel and snacks at small shops across America. Most of these stores sit right next to Walmart locations to help drivers save time and money. The company also runs bigger convenience stores that offer fresh food in the Northeast.

What Murphy USA Sells

• Retail Motor Fuel: Gasoline and diesel sold at low prices to value-conscious drivers across 27 states.
• Convenience Merchandise: Snacks, beverages, and household items sold through small-format kiosks and stores.
• Nicotine Products: Cigarettes and other tobacco products; these represent one of the highest-volume categories in the retail network.
• Food and Beverage: Made-to-order meals and fresh coffee offered primarily through the larger format stores in New York and New Jersey.
• Wholesale Fuel: Motor fuel sold to other businesses using the company's own terminals and pipeline positions.

Growth and New Projects

• Acquired QuickChek on January 29, 2021, to expand into the Northeast with larger stores and more fresh food options.
• Renewed a five-year supply contract with Core-Mark in November 2025 to provide merchandise through 2031.
• Opened 51 new stores during 2025 to reach a total of 1,800 retail locations.
• Started a plan to change all Murphy Express branded stores to the Murphy USA brand name.

Why This Business Model Works

Murphy USA keeps costs low by using tiny store footprints and placing them near high-traffic Walmart centers. It also uses its own fuel terminals and pipeline access to buy gas at better prices than many competitors.

The Latest Financial Facts

• Revenue reached $4.7 billion in Q4 2025, up 0.7% from the previous year.
• Operating income rose to $230.2 million in Q4 2025, a 15.7% increase year-over-year.
• Free cash flow grew to $128.8 million in Q4 2025, up 5.8% from the same period in 2024.
• Net income was $141.9 million in Q4 2025, down slightly by 0.4% compared to $142.5 million in Q4 2024.

Bottom Line

Murphy USA has transitioned from a small fuel marketer into a large retail network with 1,800 locations. By combining low-cost gas with a growing food business, the company maintains its relevance with budget-focused shoppers.