UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________ Commission File Number 001-35914 MURPHY USA INC. (Exact name of registrant as specified in its charter) Delaware 46-2279221 ...

财务数据和关键指标变化 - 第一季度收入为51亿美元,与去年同期持平 [29] - 调整后EBITDA为2.2亿美元,去年同期为2.77亿美元 [29] - 第一季度净利润为1.063亿美元,每股4.80美元,去年同期为1.524亿美元,每股6.08美元 [29] - 平均零售价格为每加仑3.15美元,去年同期为3.43美元 [29] - 总债务为流动负债中的1%年度摊销的定期贷款和剩余的长期租赁义务减少 [30] - 350万美元的循环信贷额度在季末未使用 [30] - 现金和现金等价物为1.02亿美元,较年末增加约4000万美元,其中7300万美元用于资本支出,主要用于新店和其他增长投资 [32] 各条业务线数据和关键指标变化 - 燃料业务: - 全包燃料利润率约为每加仑0.29美元,处于年度指引的高端 [7][11] - 同店销量增长1.4%,两年堆积增长5.2% [15] - 商品业务: - 同店销售和利润率分别增长6%和5%,非烟草类别增长7.2%和5.6% [15] - 整个Murphy网络的同店销售和利润率分别增长7.1%和6.6% [16] - 中心店和包装饮料类别销售和利润率增长约20% [17] - QuickChek业务: - 燃料同店销量下降0.4%,商品销售和利润率分别增长2.4%和0.9% [18] - 烟草类别持续承压,但无烟草类别有所改善 [18] - 中心店和杂货类别受到客流压力,但通过创新和涨价实现中单位数增长 [19] - 餐食类别销售小幅增长,但成本上涨抵消了部分涨价 [19] 各个市场数据和关键指标变化 - 4月份总销量同比下降约4%,与3月份相比有所下降,符合季节性模式 [34] - 4月下半月零售利润率接近0.30美元/加仑,全月预计为0.26-0.27美元/加仑,高于第一季度的0.23美元/加仑 [35] - 3月份中心店和包装饮料类别继续实现双位数销售和利润增长 [35] 公司战略和发展方向及行业竞争 - 公司将继续投资新店和提升改建,2023年计划开设35-40家新店,包括6家QuickChek新店和30家提升改建店 [24] - 公司正在投资未来能力建设,以拓宽对行业的竞争优势,包括数字化转型、门店体验优化等 [25][93-98] - 公司宣布新的高达15亿美元的股票回购计划,体现了对长期业务表现的信心 [26-27] - 公司认为行业利润率结构性提高,未来10年内将持续带来可持续的收益增长和自由现金流 [7][12] 管理层对经营环境和未来前景的评论 - 第一季度业绩强劲,反映了公司业务的长期价值创造潜力 [7] - 相比去年同期,今年第一季度价格波动较小,有利于维持较稳定的零售利润率 [10-11] - 公司的日常低价策略持续吸引客户,带动销量增长 [13-14] - 尽管宏观经济存在不确定性,但公司的低价定位和持续投资为应对经济下行提供了保障 [47-50] - 公司对未来5-10年的EBITDA增长和自由现金流生成充满信心,将持续进行股票回购等资本回报 [101] 问答环节重要的提问和回答 问题1 **Anthony Bonadio 提问** 询问第一季度零售利润率与去年持平的原因,包括价格波动、成本压力等因素的影响 [41-45] **公司回答** - 今年第一季度价格波动相比去年同期明显小,有利于维持较稳定的零售利润率 [42-43] - 尽管存在一些成本压力,如周末价格上涨等,但公司仍能保持与去年同期相当的零售利润率,反映了业务的强韧性 [44-45] 问题2 **Bobby Griffin 提问** 询问公司对QuickChek业务整合和协同的进展情况 [56-59] **公司回答** - 整合工作进入后期阶段,公司正在统一核心系统和职能 - QuickChek带来的创新和能力已经加速应用到Murphy业务,如食品饮料策略 - 两个品牌的协同发展新店和试点,实现规模效应 - 整体来看,QuickChek业务整合进展顺利,为公司带来了很多积极的影响 [57-59] 问题3 **Bonnie Herzog 提问** 询问第一季度同店销量增长放缓的原因,以及如何推动门店内部业务的强劲表现 [66-69] **公司回答** - 低价环境下,部分对价格敏感的客户流失,但公司仍保留了去年增加的客户群 [67-68] - 门店内部业务的强劲表现得益于各种新举措,如新店开设、改建升级、促销活动等,持续推动各类商品销售增长 [68-69]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________ Commission File Number 001-35914 MURPHY USA INC. (Exact name of registrant as specified in its charter) Delaware 46-2279221 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark one) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________ Commission File Number 001-35914 MURPHY USA INC. (Exact name of registrant as specified in its charter) Delaware 46-2279221 (Sta ...

Andrew Clyde Thank you. Operator Your next question comes from the line of Ben Bienvenu with Stephens. Your line is open. Ben Bienvenu Hey. Good morning. Andrew Clyde Good morning. Ben Bienvenu I was hoping to revisit fourth quarter results a little bit on the in-store, and to the extent if you could, I???d love to hear commentary on cadence during the quarter and then you talked about the initial start to 1Q. As we contended with weather in the fourth quarter and now weather across the Southeast in the fir ...

Murphy USA Inc. (NYSE:MUSA) Q3 2022 Earnings Conference Call October 27, 2022 11:00 AM ET Company Participants Christian Pikul - Vice President, Investor Relations Andrew Clyde - President and Chief Executive Officer Mindy West - Executive Vice President, Fuels and Chief Financial Officer Conference Call Participants Ben Bienvenu - Stephens Anthony Bonadio - Wells Fargo Robert Dickerson - Jefferies John Royall - JP Morgan Carla Casella - JP Morgan Bobby Griffin - Raymond James Bonnie Herzog - Goldman Sachs ...

Murphy USA Inc. (NYSE:MUSA) Q2 2022 Earnings Conference Call July 28, 2022 11:00 AM ET Company Participants Mitchell Freer - Investor Relations Analyst Andrew Clyde - President and Chief Executive Officer Mindy West - Executive Vice President, Fuels and Chief Financial Officer Conference Call Participants Ben Bienvenu - Stephens Anthony Bonadio - Wells Fargo Bonnie Herzog - Goldman Sachs Bobby Griffin - Raymond James Carla Casella - JP Morgan Operator Good morning. My name is Chantelle, and I will be your c ...

Murphy USA Inc. (NYSE:MUSA) Q1 2022 Earnings Conference Call May 4, 2022 11:00 AM ET Company Participants Christian Pikul - Vice President of Investor Relations Andrew Clyde - President & Chief Executive Officer Mindy West - Executive Vice President & Chief Financial Officer Donnie Smith - Vice President & Controller Conference Call Participants John Royall - JPMorgan Bonnie Herzog - Goldman Sachs Bobby Griffin - Raymond James Ben Bienvenu - Stevens Operator Good morning, my name is Audrey and I will be you ...

Murphy USA Inc. 1 Raymond James Institutional Investor Conference March 2022 QuickChek.Q Cautionary statement This presentation contains forward-looking statements. These statements, which express management's current views concerning future events or results, are subject to inherent risks and uncertainties. Factors that could cause actual results to differ materially from those expressed or implied in our forward-looking statements include, but are not limited to, the volatility and level of crude oil and ...

Murphy USA Inc. (NYSE:MUSA) Q4 2021 Earnings Conference Call February 3, 2022 11:00 AM ET Company Participants Christian Pikul - Vice President of Investor Relations Andrew Clyde - President & Chief Executive Officer Malynda West - Executive Vice President of Fuels, Chief Financial Officer & Treasurer Conference Call Participants Benjamin Bienvenu - Stephens Bonnie Herzog - Goldman Sachs John Royall - JPMorgan Robert Griffin - Raymond James Operator Thank you for standing by. My name is Sheryl and I will be ...