---
schema_version: "secwatch.filing_event.v1"
accession: "0001573516-26-000127"
form_type: "8-K"
ticker: "MUSA"
cik: "0001573516"
company_name: "Murphy USA Inc."
filed_at: "2026-04-29T23:59:59+00:00"
generated_at: "2026-05-15T01:49:42.783133+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Murphy USA Q1 net income $136.3M ($7.28 EPS) vs $53.2M ($2.63 EPS); fuel margin 35.0 cpg up from 25.4 cpg

## Summary
- Net income $136.3M ($7.28 diluted EPS) vs $53.2M ($2.63) YoY; Adjusted EBITDA $277.9M vs $157.4M.
- Total fuel contribution 35.0 cpg, up from 25.4 cpg, on higher retail margin and fuel supply contribution including RINs.
- Merchandise contribution +7.3% to $210.2M; nicotine +11.5%, non-nicotine +2.7% YoY.
- Repurchased 169k shares for $70.9M at $419.87/share; paid $0.63/share quarterly dividend.
- On pace for 45-55 new stores in 2026; April fuel margins expected 35-40 cpg with volumes flat YoY.

## SEC filing metadata
- accession: 0001573516-26-000127
- form_type: 8-K
- ticker: MUSA
- cik: 0001573516
- company_name: Murphy USA Inc.
- filed_at: 2026-04-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1573516/000157351626000127/0001573516-26-000127-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1573516/000157351626000127/musa-20260429.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001573516-26-000127
- JSON: https://secwatch.observer/filing/0001573516-26-000127.json
- Plain text: https://secwatch.observer/filing/0001573516-26-000127.txt

## Key facts
- Earnings Releases
  Murphy USA Inc. reported three months ended March 31, 2026 results: net income $136.3 million, EPS $7.28 per diluted share.
  - Period: three months ended March 31, 2026
  - Net income: $136.3 million
  - EPS: $7.28 per diluted share
  - Result: reported results
  source text: marketer of retail motor fuel products and convenience merchandise, today announced financial results for the three months ended March 31, 2026. Key Highlights: • Net income was $136.3 million, or $7.28 per diluted share, in Q1 2026 compared to net income of $53.2 million, or $2.63 per diluted share, in Q1 2025. • Total fuel contribution for Q1 2026 was 35.0 cpg,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1573516/000157351626000127/0001573516-26-000127-index.htm

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