Murphy USA(NYSE) MUSA

Murphy USA Inc. helps drivers find cheap gas and snacks. The company runs gas stations and shops across many states. Most stores sit next to Walmart to reach more customers.

What's at the Station?

• Fuel Sales: Gasoline and diesel sold at retail stores; accounted for $5,548.0 million of revenue in the three months ended June 30, 2026.
• Merchandise: Food, snacks, and nicotine products; generated $1,132.1 million of revenue in the three months ended June 30, 2026.
• Other Revenues: Income from selling fuel credits and other services; contributed $125.9 million of revenue in the three months ended June 30, 2026.

Growing the Network

• Acquired the QuickChek brand on Jan. 29, 2021, to enter the New Jersey and New York markets.
• Issued $500 million in senior notes on May 27, 2026, to pay off debt and fund operations.
• Expanded the store network to 1,806 total locations across 27 states as of June 30, 2026.
• Approved a $2.0 billion share repurchase program on Oct. 29, 2025.

Simple and Low Cost

Murphy USA uses a low-price model to attract drivers and manage costs during volatile markets. The company generates extra income by selling credits earned from blending renewable fuels into gasoline.

Performance by the Numbers

• Net income was $209.1 million in the three months ended June 30, 2026, up from $145.6 million.
• Revenue reached $6.8 billion in the three months ended June 30, 2026, up 36.0% year over year.
• Total fuel contribution hit 40.6 cents per gallon in the three months ended June 30, 2026.
• Market cap was $9.9 billion in the three-month period ended June 30, 2026, up 25.0% year over year.
• Adjusted EBITDA was $377.3 million in the three months ended June 30, 2026, up from $286.0 million.

Company Evolution

Murphy USA has evolved from a small fuel chain into a major multi-state retailer. Its adaptability in selling both fuel and merchandise supports its long-term growth.