Q3 Net Income Jumps 35% to $176M as Fuel Contribution Hits 37 cpg
MUSA sits 47% above its 52-week low of $349.83.
Summary
Murphy USA earned $176.0 million, or $9.59 per diluted share, in Q3 2026 versus $129.9 million and $6.76 a year ago — a 35% jump in net income — on revenue of $6.89 billion. Total fuel contribution rose to 37.0 cpg from 30.7 cpg, driven by fuel supply and RINs contribution of 9.6 cpg versus 2.4 cpg, while retail fuel margin actually slipped to 27.4 cpg from 28.3 cpg; total retail gallons increased 3.3% compared to Q3 2025. The weak spot is merchandise: contribution fell 2.8% to $234.5 million on 20.3% unit margins, because last year's nicotine pouch promotion did not repeat. Adjusted EBITDA came in at $336.6 million versus $285.1 million. The company bought back 287,102 shares for $157.7 million at an average $549.22, completing its 2023 authorization, and has virtually all of the $2.0 billion 2025 authorization left. This follows the October 22 8-K raising the quarterly dividend 11% to $0.72. The Q&A webcast is October 29 at 10:00 a.m. Central.
At the time of this announcement, MUSA was trading at $515.28 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $9.5B. The 52-week trading range was $349.83 to $636.05. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: BusinessWire.