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- 01 Feb
Murphy Oil Retail Fuel Margins Hit $.114 For 2010
Murphy Oil Corporation announced in their financial results for 2010 that retail fuel margins for the year were $.114 per gallon, higher than 2009 by $.031. Retail fuel margins for Q4 were at $.074 per gallon, higher by $.006 per gallon than last year’s Q4.
Across their 1099 stores, Murphy sold 306,646 per store month, less than 2009 by just under 6,000 gallons. According to NACS, the average c-store sells 121,000 gallons of fuel per month. That means each Murphy store sells more than 2.5 times the retail fuel national average.
David M. Wood, President and Chief Executive Officer, commented, “Our U.S. retail station network showed good performance during the year and will further expand its asset base in 2011.”
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