Murphy USA jumps as Q1 results beat expectations on stronger fuel and merchandise contribution

Murphy USA Inc. (MUSA) is up 13.7% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears driven by a sizable Q1 earnings beat and upbeat commentary on fuel margins, supported by stronger fuel contribution and improved in-store profitability. Investors also likely reacted positively to continued capital returns via buybacks and dividends.

Details:

The company reported Q1 2026 net income of $136.3 million ($7.28 diluted EPS), up from $53.2 million ($2.63) in Q1 2025.

Total fuel contribution improved to 35.0 cents per gallon versus 25.4 cents per gallon a year earlier, with retail gallons up 2.1%.

Merchandise contribution rose 7.3% to $210.2 million, with unit margins increasing to 20.0% from 19.6%.

The company repurchased about 169,000 shares for $70.9 million during the quarter and paid a $0.63 quarterly dividend in March.

Sources:

Business Wire, SEC, MarketBeat

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$MUSA Insider Trading Activity

$MUSA insiders have traded $MUSA stock on the open market 12 times in the past 6 months. Of those trades, 0 have been purchases and 12 have been sales.

Here’s a breakdown of recent trading of $MUSA stock by insiders over the last 6 months:

R ANDREW CLYDE (Chief Executive Officer) has made 0 purchases and 2 sales selling 40,983 shares for an estimated $15,628,047.
MALYNDA K WEST (President & CEO) has made 0 purchases and 2 sales selling 8,018 shares for an estimated $3,506,825.
ROBERT J CHUMLEY (SVP Innovation) sold 5,038 shares for an estimated $2,115,960
RENEE M BACON (SVP, Sales & Operations) has made 0 purchases and 3 sales selling 4,416 shares for an estimated $1,707,657.
JEANNE LINDER PHILLIPS sold 1,155 shares for an estimated $456,444
KEITH A. EMERY (SVP Fuels) sold 899 shares for an estimated $343,894
ERIC J. BARTKO (SVP & Chief Customer Officer) sold 345 shares for an estimated $139,669
SCOTT G. WOODWARD (SVP Merchandising) sold 136 shares for an estimated $57,723

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API.

$MUSA Hedge Fund Activity

We have seen 220 institutional investors add shares of $MUSA stock to their portfolio, and 286 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

FMR LLC added 482,214 shares (+42.3%) to their portfolio in Q4 2025, for an estimated $194,582,993
AQR CAPITAL MANAGEMENT LLC added 304,354 shares (+149.9%) to their portfolio in Q4 2025, for an estimated $122,812,926
D. E. SHAW & CO., INC. added 211,392 shares (+483.0%) to their portfolio in Q4 2025, for an estimated $85,300,899
INVESCO LTD. removed 200,396 shares (-77.7%) from their portfolio in Q4 2025, for an estimated $80,863,793
MILLENNIUM MANAGEMENT LLC removed 175,320 shares (-23.8%) from their portfolio in Q4 2025, for an estimated $70,745,126
JPMORGAN CHASE & CO removed 147,832 shares (-41.4%) from their portfolio in Q4 2025, for an estimated $59,653,168
VICTORY CAPITAL MANAGEMENT INC removed 131,777 shares (-98.1%) from their portfolio in Q4 2025, for an estimated $53,174,655

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API.

$MUSA Analyst Ratings

Wall Street analysts have issued reports on $MUSA in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Stephens & Co. issued a "Overweight" rating on 01/21/2026

To track analyst ratings and price targets for $MUSA, check out Quiver Quantitative's $MUSA forecast page.

$MUSA Price Targets

Multiple analysts have issued price targets for $MUSA recently. We have seen 6 analysts offer price targets for $MUSA in the last 6 months, with a median target of $494.5.

Here are some recent targets:

Bradley Thomas from Keybanc set a target price of $600.0 on 04/24/2026
An analyst from B of A Securities set a target price of $550.0 on 04/23/2026
Edward Kelly from Wells Fargo set a target price of $450.0 on 04/14/2026
Thomas Palmer from JP Morgan set a target price of $539.0 on 03/26/2026
Pooran Sharma from Stephens & Co. set a target price of $450.0 on 02/06/2026
Irene Nattel from RBC Capital set a target price of $445.0 on 02/05/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.