Murphy USA (MUSA)

• Market cap: $9.41B
• 1 day: 1.15%
• 5 days: 4.41%
• 1 month: 2.24%
• 3 months: -3.74%
• 6 months: -4.28%
• Year to date: -3.74%
• 1 year: 11.30%
• 5 years: 472.94%
• 10 years: 546.79%
• Sector: Consumer Discretionary
• Industry: Auto & Truck Dealerships

About: Murphy USA operates more than 1,700 fueling stations and convenience stores primarily across the Midwest and Southeastern United States. The firm owns about 75% of its locations, with most stores situated in high-traffic areas near Walmart supercenters. Murphy's stores typically range from 1,400-2,800 square feet, with most of its in-store sales derived from tobacco and nicotine products. The company acquired about 150 QuickChek stores in 2021, boosting its presence in grocery and foodservice. Murphy generates about two thirds of its profit from fuel retailing, with the remaining third coming from in-store sales.

Employees: 17,200

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

31% more first-time investments, than exits

New positions opened: 64 | Existing positions closed: 49

29% more call options, than puts

Call options by funds: $39.9M | Put options by funds: $30.9M

1% more funds holding

Funds holding: 500 [Q3] → 507 (+7) [Q4]

0% more capital invested

Capital invested by funds: $8.3B [Q3] → $8.31B (+$17.2M) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 6 [Q3] → 6 (+0) [Q4]

3.16% less ownership

Funds ownership: 83.12% [Q3] → 79.96% (-3.16%) [Q4]

17% less repeat investments, than reductions

Existing positions increased: 158 | Existing positions reduced: 190

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $550 16% upside
• Avg. target: $552 16% upside
• High target: $554 17% upside

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

Wells Fargo Anthony Bonadio 44% 1-year accuracy 4 / 9 met price target	16% upside $550	Overweight Maintained	7 Feb 2025
RBC Capital Irene Nattel 60% 1-year accuracy 3 / 5 met price target	17% upside $554	Sector Perform Maintained	6 Feb 2025