Overview

* Murphy USA ( MUSA ) Q2 net income rises slightly to $145.6 mln

* Adjusted EBITDA for Q2 beats analyst expectations, per LSEG data

* Co repurchased 470.7 thousand shares for $211.9 mln in Q2

Outlook

* Murphy USA ( MUSA ) plans to open 50 new stores over next 12 months

* Company expects EBITDA growth into 2026 and beyond

* Company sees momentum in NTI store program

Result Drivers

* FUEL MARGINS - Improved supply margins contributed to higher fuel margins, despite lower retail fuel volumes

* MERCHANDISE SALES - Increased merchandise sales volumes drove a 1.0% rise in merchandise contribution

* STORE PROFITABILITY - Focus on store profitability led to favorable comparisons in operating expenses and administrative costs

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 EPS $7.36

Q2 Net $145.60

Income mln

Q2 Beat $286 mln $279.20

Adjusted mln (5

EBITDA Analysts

)

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 2 "hold" and 1 "sell" or "strong sell"

* The average consensus recommendation for the oil & gas refining and marketing peer group is "buy"

* Wall Street's median 12-month price target for Murphy USA Inc ( MUSA ) is $500.00, about 17.9% above its July 29 closing price of $410.28

* The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 18 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)