Murphy USA quarterly financial results show decreased volumes and margins

Murphy USA quarterly financial results show decreased volumes and margins

• Aug 12, 2014
• John Keller
• 0

The latest financial results from Murphy USA show a decline in both same store fuel volumes and overall retail fuel margins.

For the three months ending June 30, 2014, gallons sold per store per month was down 2.6% compared to the same period last year. The retail fuel margin average decreased from $0.156 per gallon last year to $0.132 per gallon this year.

CEO Andrew Clyde attributed the decreased margins to a difficult environment.

Murphy USA has 1,228 total locations in operation that include 1,035 Murphy USA sites and 193 Murphy Express sites.  There are currently 20 new sites under construction.

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