Murphy USA Inc. Reports First Quarter 2025 Results

Murphy USA Inc. (NYSE: MUSA), a leading marketer of retail motor fuel products and convenience merchandise, has released its financial results for the first quarter of 2025. The company, which operates a network of branded gasoline stations and convenience stores, reported a net income of $53.2 million, or $2.63 per diluted share, for Q1 2025. This represents a decrease from the net income of $66.0 million, or $3.12 per diluted share, reported in the same quarter of the previous year.

Key financial metrics for the quarter include a total fuel contribution of 25.4 cents per gallon (cpg), an increase from 24.8 cpg in Q1 2024. Despite this improvement in fuel contribution, total retail gallons decreased by 1.9%, and same-store sales volumes declined by 4.2% compared to the previous year.

On the merchandise front, contribution dollars increased by 2.3% to $195.9 million, with average unit margins rising to 19.6% from 19.2% in Q1 2024. This growth in merchandise contribution was driven by higher average unit margins.

During the quarter, Murphy USA Inc. engaged in share repurchases, buying back approximately 321.1 thousand common shares for $151.2 million at an average price of $470.80 per share. The company also continued its dividend payments, maintaining its commitment to returning value to shareholders.

Murphy USA Inc., with a market capitalization of $9.87 billion and a price-to-earnings ratio of 20.6, remains a significant player in the Consumer Discretionary sector, specifically within the Specialty Retail industry. The company’s focus on refining and distributing motor fuel products, along with its convenience store operations, positions it to cater to a diverse customer base.

As the company navigates the challenges of fluctuating fuel volumes and competitive pressures, its strategic initiatives in merchandise sales and share repurchases reflect a balanced approach to sustaining growth and shareholder value.