Who owns murphy usa

The company sells ethanol for blending with gasoline and distilled dried grains. The primary input in the production process for ethanol is corn. Corn prices have been volatile in the past years. In , corn prices rose primarily due to drought conditions in the Midwest US, which in turn compressed margins for ethanol production operations and led to segment operating losses.

Importantly, the company has essentially viewed these assets as non-core. Murphy is actively looking into a potential sale of the two refineries when market conditions are optimal. US retail marketing margins were slightly weaker in compared to the quarter.

Overall, per-store retail fuel sales volumes in the current period were above levels by 1. The latter was mostly driven by lower margins realized on certain tobacco products. Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes. Latest Trade Change -- Pricing Previous Close.

Today's High. Today's Low. Shares Out MIL. Market Cap MIL. Are you interested in a Murphy USA corporate job? Do you have the ambition to become a Murphy USA retail manager? Careers at Murphy USA can put you on the path to success. Take a look at our current job openings and learn how to get a job with Murphy Oil. Murphy USA strives to supply the highest quality, lowest-priced gas and operate from the most convenient locations.

Though Walmart recently announced it would close more than stores in the U. Plus, Walmart-branded gas next to Walmart stores creates a more consistent experience for customers, Hargrove says.