
Murphy USA Inc.
Leading U.S. retail gasoline and convenience store operator with 1,800 Murphy and QuickChek stores in 27 states, spun off from Murphy Oil in 2013.
Company Type
public
Founded
2013
Headquarters
El Dorado, Arkansas, USA
Stock
NYSE: MUSA
Revenue
Approximately $19.5 billion (2025)
Employees
Approximately 11,600
Primary Market
United States
Murphy USA Inc. Timeline
About Murphy USA Inc.
What does Murphy USA own?
Murphy USA owns two retail banners: Murphy USA, the fuel and convenience chain of 1,649 stores clustered near Walmart locations, and QuickChek, the New Jersey and New York convenience store chain of 151 stores acquired in 2020. The Murphy Express banner is being rebranded to Murphy USA.
Is Murphy USA publicly traded?
Yes. Murphy USA trades on the NYSE under ticker MUSA and is an S&P 500 component. It was spun off from Murphy Oil Corporation in 2013 as a standalone public company.
Who founded Murphy USA?
Murphy USA originated inside Murphy Oil Corporation, founded by Charles Haywood Murphy Sr., which launched the retail fuel business in 1996 around Walmart locations. The standalone company was formed in the 2013 spin-off under founding CEO R. Andrew Clyde.
Where is Murphy USA headquartered?
Murphy USA is headquartered in El Dorado, Arkansas, the same town where Murphy Oil Corporation was founded. Its stores operate across 27 states, concentrated in the Southeast, Southwest, and Midwest plus the QuickChek Northeast region.
How many brands does Murphy USA own?
Two principal banners: Murphy USA and QuickChek, with the legacy Murphy Express name being consolidated under Murphy USA. The portfolio is focused rather than diversified.
Who owns Murphy USA?
Murphy USA is publicly owned, with shares distributed among institutional investors and index funds led by Vanguard, BlackRock, and State Street. No Murphy family or founding shareholder controls the company.
What were Murphy USA's 2025 results?
For 2025 Murphy USA reported net income of $470.6 million, or $24.10 per diluted share, on 4.8 billion gallons of fuel at a 30.7 cent per gallon contribution and $4.3 billion in merchandise sales generating $869 million contribution at a 20.2 percent margin. The company returned $652 million via buybacks and raised its dividend 18.9 percent.
History of Murphy USA Inc.
Murphy USA grew out of Murphy Oil Corporation, the El Dorado, Arkansas, oil company founded by Charles Haywood Murphy Sr. The retail gasoline business began in 1996, when Murphy Oil opened its first co-located gas stations in the parking lots of Walmart supercenters, a partnership that fueled two decades of expansion across the Southeast and Midwest.
The Walmart-adjacent kiosk model proved efficient: small footprints, thin fuel margins driving volume, and merchandise margins on top. By 2013 the network had grown large enough that Murphy Oil spun the downstream business off to shareholders as Murphy USA Inc., a standalone public company listed on the NYSE under MUSA.
As an independent company, Murphy USA added QuickChek, the privately held New Jersey convenience store chain, in December 2020 for $645 million, its first major acquisition and its entry into the Northeast and the food-forward convenience segment. The deal added roughly 150 stores and a fresh-food platform Murphy is exporting across its network.
Through the 2020s the company executed a sustained share repurchase program, returning $652 million to shareholders in 2025 alone, and began consolidating its two fuel banners, transitioning all Murphy Express stores to the Murphy USA name. Its 2025 results, net income of $470.6 million on 4.8 billion gallons, extended a multi-year run of strong shareholder returns, though the stock declined as fuel margins normalized from 2022 highs.
Murphy USA Inc. Sustainability & Ethics
Murphy USA publishes ESG reporting covering fuel environmental compliance, tank integrity and remediation programs standard to the industry, and community initiatives in its markets. Its primary community program centers on supporting local schools and charities in the small-town markets where its stations operate.
The company is not B Corp certified, consistent with the fuel retail sector. Its sustainability posture is largely regulatory compliance plus the fuel industry transition questions facing every petroleum retailer.
Controversy, Regulation & Public Scrutiny
Murphy USA's public record is notably quiet. Its principal exposures are the fuel retail industry's: environmental compliance for underground storage tanks, periodic state pricing scrutiny, and the routine labor litigation of an 11,600-person workforce.
The end of its historical exclusive relationship with Walmart in certain markets drew attention as the companies compete more directly at some locations, but the transition was managed contractually rather than litigated. No fraud finding, major regulatory action, or scandal attaches to the company as of November 2026.
Brands Owned by Murphy USA Inc.
Murphy USA Inc. owns 2 brands in our database. Explore the ownership tree below โ click categories to expand and see individual brands.
Murphy USA Inc.
public ยท Founded 2013 ยท El Dorado, Arkansas, USA
2
brands
Stock Information
Murphy USA Inc. Ownership: Pros & Cons
Advantages
- +Low-cost, high-volume fuel model with Walmart-adjacent traffic engine
- +Disciplined capital returns: $652 million buyback plus rising dividend in 2025
- +QuickChek adds a fresh-food platform and Northeast footprint
- +Small kiosk format keeps capital and operating costs low
- +S&P 500 membership with a clean balance sheet
Considerations
- -Fuel volumes are flat to declining: same-store gallons down 2.6 percent in 2025
- -Nicotine dependence in merchandise mix faces long-term demand risk
- -Food-forward c-store competitors earn higher merchandise margins
- -Walmart relationship is no longer the exclusive growth driver it once was
- -Electric vehicle adoption threatens the core fuel model long term
Frequently Asked Questions About Murphy USA Inc.
What does Murphy USA own?
Murphy USA owns two retail banners: Murphy USA, the fuel and convenience chain of 1,649 stores clustered near Walmart locations, and QuickChek, the New Jersey and New York convenience store chain of 151 stores acquired in 2020. The Murphy Express banner is being rebranded to Murphy USA.
Is Murphy USA publicly traded?
Yes. Murphy USA trades on the NYSE under ticker MUSA and is an S&P 500 component. It was spun off from Murphy Oil Corporation in 2013 as a standalone public company.
Who founded Murphy USA?
Murphy USA originated inside Murphy Oil Corporation, founded by Charles Haywood Murphy Sr., which launched the retail fuel business in 1996 around Walmart locations. The standalone company was formed in the 2013 spin-off under founding CEO R. Andrew Clyde.
Where is Murphy USA headquartered?
Murphy USA is headquartered in El Dorado, Arkansas, the same town where Murphy Oil Corporation was founded. Its stores operate across 27 states, concentrated in the Southeast, Southwest, and Midwest plus the QuickChek Northeast region.
How many brands does Murphy USA own?
Two principal banners: Murphy USA and QuickChek, with the legacy Murphy Express name being consolidated under Murphy USA. The portfolio is focused rather than diversified.
Who owns Murphy USA?
Murphy USA is publicly owned, with shares distributed among institutional investors and index funds led by Vanguard, BlackRock, and State Street. No Murphy family or founding shareholder controls the company.
What were Murphy USA's 2025 results?
For 2025 Murphy USA reported net income of $470.6 million, or $24.10 per diluted share, on 4.8 billion gallons of fuel at a 30.7 cent per gallon contribution and $4.3 billion in merchandise sales generating $869 million contribution at a 20.2 percent margin. The company returned $652 million via buybacks and raised its dividend 18.9 percent.








