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Murphy USA

From Wikipedia, the free encyclopedia
American gas station chain
Murphy USA
Company typePublic
NYSEMUSA
S&P 400 Component
Founded1996; 30 years ago (1996) (became independent in 2013; 13 years ago (2013) asspin-off ofMurphy Oil)
HeadquartersEl Dorado, Arkansas, U.S.
Key people
  • Mindy West (President and CEO)
  • Donald Smith (Interim CFO)[1]
ServicesService stations
Number of employees
15,000
Websitemurphyusa.com
Murphy USA new store design,North Myrtle Beach, SC - 2024.

Murphy USA is an Americancorporation based inEl Dorado, Arkansas that operates achain of retailgas stations that are primarily located in proximity toWalmart stores. It was founded as a spin-off ofMurphy Oil in 2013.[2][3]

In the first quarter of 2016, Murphy USA announced a change in its relationship with Walmart, as they began opening their own in-house gas stations and convenience stores. It plans to increase its locations independently of Walmart sites. In 2016, Murphy USA announced thatCore-Mark would be the sole distributor for their chain. It said, "...this partnership will allow Murphy to offer a larger selection of popular convenience store products."[4]

On December 14, 2020, Murphy USA announced that it has reached an agreement to purchaseQuickChek convenience stores, based inWhitehouse Station, New Jersey, for $645 million.[5]

As of June 2024, it was ranked 214 on theFortune 500 list of the largest United States corporations by revenue and ranked 89 on the Fortune's 100 Fastest-Growing Companies.[6]

Locations

[edit]
A Murphy USA gas station. There's aWalmart to its right (not in the photo)

Murphy USA opened its first stores exclusively adjacent toWalmart properties. As of February 21, 2024, Murphy USA operates 1,700 retail fueling stations in 27 US states and over 1,100 sites are located nearWalmart stores. Murphy USA also has 240Murphy Express branded stores, which are located independently. Murphy Express sites are typically large-format facilities (1,200-3,400+ square feet) that offer a larger array of products and more fueling lanes than the original format.

Ownership

[edit]

In October 2025,Mindy K. West was appointed Chief Executive Officer of Murphy USA, becoming one of the few women leading a Fortune 500 energy company. She succeeded Andrew Clyde, who had served as President and CEO of Murphy USA since its spin-off fromMurphy Oil in 2013. Her appointment will take effect on January 1, 2026.[7][1]

References

[edit]
  1. ^ab"Leadership Team". Murphy USA. RetrievedJune 13, 2024.
  2. ^"Spinoff Murphy USA Gets Board Sign-Off". CSPNet. 7 Aug 2013. Retrieved21 May 2015.
  3. ^"Murphy USA Spinoff". Zacks. Retrieved27 February 2015.
  4. ^"Murphy Oil USA - Investor Relations - News Release".ir.corporate.murphyusa.com. Retrieved2016-02-16.
  5. ^"Murphy USA Announces Agreement to Acquire QuickChek—One of the Leading Food and Beverage C-Store Operators in the U.S."GlobeNewsWire (Press release). 14 December 2020.
  6. ^"Murphy USA".Fortune. Retrieved2018-11-25.
  7. ^https://www.cstoredive.com/news/murphy-usa-names-ceo-mindy-west-andrew-clyde-retires/
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