Murphy USA Q1 adjusted EBITDA jumps 76%, beats estimates

Murphy USA

29/04/2026 21:41

Overview

U.S. fuel retailer's Q1 adjusted EBITDA rose sharply, beating analyst expectations

Net income more than doubled yr/yr, driven by higher fuel contribution margins

Company repurchased 169,000 shares for $70.9 mln during the quarter

Outlook

Murphy USA expects to open 45-55 new stores in 2026

Company says April fuel volumes are roughly flat to prior year

Murphy USA expects April all-in fuel margins of 35-40 cpg

Result Drivers

FUEL MARGINS - Higher total fuel contribution margins and increased retail fuel volumes drove a 40.6% rise in total fuel contribution dollars

NICOTINE SALES - Strong nicotine product sales boosted merchandise margin contribution, offsetting weaker non-nicotine discretionary categories

FUEL SUPPLY VOLATILITY - Market-driven pricing effects and timing of inventory movements increased fuel supply contribution, including RINs

Company press release: ID:nBw2jmh3ka

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 EPS
$7.28
Q1 Net Income
$136.30 mln
Q1 Adjusted EBITDA
Beat
$277.90 mln
$225.95 mln (10 Analysts)

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)