---
schema_version: "secwatch.filing_event.v1"
accession: "0001573516-23-000036"
form_type: "8-K"
ticker: "MUSA"
cik: "0001573516"
company_name: "Murphy USA Inc."
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T13:25:43.950274+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Murphy USA Q2 net income $132.8M ($6.02 EPS) down from $183.3M; fuel margin compression

## Summary
- Net income $132.8M ($6.02 diluted EPS) vs $183.3M ($7.53) in Q2 2022, down 27.5%.
- Total fuel contribution 29.5 cpg vs 34.9 cpg, down 15.5% due to lower PS&W and RIN margins.
- Merchandise contribution +5.1% to $206.8M; same-store merchandise sales +3.1%.
- Repurchased 334k shares for $95.1M; announced new $1.5B buyback plan after current program ends.
- Quarterly dividend raised 2.7% to $0.38/share ($1.52 annualized).

## SEC filing metadata
- accession: 0001573516-23-000036
- form_type: 8-K
- ticker: MUSA
- cik: 0001573516
- company_name: Murphy USA Inc.
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1573516/000157351623000036/0001573516-23-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1573516/000157351623000036/musa-20230802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001573516-23-000036
- JSON: https://secwatch.observer/filing/0001573516-23-000036.json
- Plain text: https://secwatch.observer/filing/0001573516-23-000036.txt

## Key facts
- Earnings Releases
  Murphy USA Inc. reported three months ended June 30, 2023 results: net income $132.8 million, EPS $6.02 per diluted share.
  - Period: three months ended June 30, 2023
  - Net income: $132.8 million
  - EPS: $6.02 per diluted share
  - Result: reported results
  source text: Net income was $132.8 million, or $6.02 per diluted share, in Q2 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1573516/000157351623000036/0001573516-23-000036-index.htm
- Earnings Releases
  Murphy USA Inc. reported six months ended June 30, 2023 results: net income $ 239.1, EPS $10.82.
  - Period: six months ended June 30, 2023
  - Net income: $ 239.1
  - EPS: $10.82
  - Result: reported results
  source text: Consolidated Results Three Months Ended June 30, Six Months Ended June 30, Key Operating Metrics 2023 2022 2023 2022 Net income (loss) ($ Millions) $ 132.8 $ 183.3 $ 239.1 $ 335.7 Earnings per share (diluted) $ 6.02 $ 7.53 $ 10.82 $ 13.59
  evidence_url: https://www.sec.gov/Archives/edgar/data/1573516/000157351623000036/0001573516-23-000036-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.