Murphy USA Inc. is a leading independent retailer of motor fuel and convenience merchandise in the United States. Spun off from Murphy Oil Corporation in 2013, the company operates a network of over 1,700 locations across 27 states, predominantly in the Southeast, Southwest, and Midwest. Its core business model leverages high-volume fuel sales at kiosks located adjacent to Walmart stores to drive customer traffic. In addition to its Walmart-adjacent sites, the company operates larger-format standalone convenience stores under the Murphy Express and QuickChek brands, which offer expanded food and beverage options. While retail fuel sales account for nearly 80% of total revenue, the company's convenience merchandise—including tobacco products, snacks, and quick-service food—contributes a significant portion of its gross profit. Murphy USA's competitive position is anchored by its low-cost operating model, strategic real estate footprint, and scale-driven procurement advantages.
