Murphy USA Inc.

Murphy USA reported strong financial results for the second quarter and first half of 2026. Q2 net income increased 43.6% to $209.1 million, with diluted EPS rising 53.1% to $11.27. The company also issued $500 million in new senior notes to redeem existing debt and pay down its revolving credit facility, maintaining a healthy leverage ratio.

Murphy USA Inc. reported strong financial results for the second quarter of 2026, with net income increasing to $209.1 million and diluted EPS reaching $11.27. The company saw significant growth in total fuel contribution per gallon and merchandise contribution dollars. Additionally, Murphy USA repurchased shares, increased its quarterly dividend by 28.0%, and refinanced debt. The company also provided an updated 2026 guidance, projecting higher net income and Adjusted EBITDA.

Murphy USA Inc. announced the pricing of a private offering of $500 million aggregate principal amount of 5.875% senior notes due 2034 by its wholly owned subsidiary, Murphy Oil USA, Inc. The notes will be guaranteed by Murphy USA and certain domestic subsidiaries, issued at 100.000%, and are expected to close on May 27, 2026. Proceeds will be used to redeem $300 million of existing 5.625% senior notes due 2027, repay revolving credit facility borrowings, and for general corporate purposes. The offering is private, targeting qualified institutional buyers and non-U.S. persons.

Murphy USA Inc. announced a private offering of $500 million aggregate principal amount of senior notes due 2034 by its wholly owned subsidiary, Murphy Oil USA, Inc. The company intends to use the net proceeds primarily to redeem all $300 million of its existing 5.625% senior notes due 2027 and to repay borrowings under its revolving credit facility. The new notes will be guaranteed by Murphy USA and certain domestic subsidiaries, and the offering is subject to market conditions.

Murphy USA Inc. stockholders approved significant amendments to the company's Certificate of Incorporation and bylaws at its 2026 annual meeting. Key changes include phasing out the classified Board of Directors over a three-year period to allow for annual election of all directors, and granting stockholders owning 25% or more of voting power the right to call special meetings. These corporate governance enhancements were implemented by filing a certificate of amendment and an amended and restated certificate of incorporation with the State of Delaware.

Murphy USA reported a significant increase in its first-quarter 2026 financial results, with net income soaring 156.2% to $136.3 million and diluted earnings per share jumping 176.8% to $7.28. Total operating revenues also saw a healthy rise of 6.5% to $4,819.3 million, driven by growth in both petroleum and merchandise sales. The company demonstrated strong cash generation, with net cash from operating activities nearly tripling to $320.0 million, and increased its quarterly dividend while continuing share repurchases.

Murphy USA Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.64 per share. This new dividend rate represents a 28% increase from the Q2 2025 dividend and is 1.6% higher than the Q1 2026 dividend. The dividend, which annualizes to $2.56 per share, is payable on June 1, 2026, to shareholders of record as of May 18, 2026.

Murphy USA Inc. reported strong first-quarter 2026 financial results, with net income increasing by 156.2% to $136.3 million, or $7.28 per diluted share, compared to the prior year. The company saw a significant 40.6% rise in total fuel contribution to $403.9 million, driven by higher margins and increased retail fuel volumes. Merchandise contribution also grew by 7.3% to $210.2 million. MUSA repurchased 169.0 thousand common shares for $70.9 million and paid a quarterly cash dividend of $0.63 per share. The company remains on track to open 45-55 new stores in 2026, with 6 opened in Q1.

Murphy USA appointed Donald R. Smith, Jr. as Senior Vice President, Chief Financial Officer and Treasurer, effective April 3, 2026. In connection with his appointment, Mr. Smith's annual base salary will be increased to $550,000, his target annual cash bonus opportunity will be increased to 70% of his base salary and his target long-term equity incentive award opportunity will be increased to 125% of his base salary.