Murphy USA Q3 adjusted EBITDA beats estimates, announces new $2 bln share repurchase authorization

Overview

• Murphy USA Q3 net income falls to $129.9 mln, impacted by restructuring charges

• Adjusted EBITDA in Q3 2025 beats analyst expectations

• Company announces new $2 bln share repurchase authorization

Outlook

• Company raises 2025 merchandise contribution guidance to $870-$875 mln

• SG&A cost guidance for 2025 lowered to $230-$240 mln due to restructuring

Result Drivers

• RESTRUCTURING IMPACT - Q3 net income affected by $12.6 mln restructuring charge aimed at streamlining operations

• MERCHANDISE CONTRIBUTION - Merchandise contribution dollars increased 11.3% to $241.2 mln, driven by higher margins and sales volumes

• PS&W CONTRIBUTION - Increased PS&W contribution including RINs by $21.8 mln due to timing of inventory movements and pricing impacts

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 4 "hold" and 1 "sell" or "strong sell"

• The average consensus recommendation for the oil & gas refining and marketing peer group is "buy."

• Wall Street's median 12-month price target for Murphy USA Inc is $405.00, about 2.1% above its October 28 closing price of $396.45

• The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 16 three months ago

Press Release: ID:nBwbhp5q3a

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(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.)