Murphy USA Inc.

In 2022, Murphy USA continued to build QuickChek convenience stores and complete raze-and-rebuilds of Murphy USA stores. The rebuilds will replace high-performing kiosk stores with larger 1,400-square-foot stores that feature a broader assortment of higher-margin merchandise and better grab-and-go food items.

Murphy USA in early 2021 completed its acquisition of QuickChek Corp., a $645 million all-cash deal that added 157 c-stores in the Northeast.

Murphy USA operates 1,700 stores under the Murphy USA, Murphy Express and QuickChek banners. In the third quarter of 2022, Murphy USA reported net income of $219.5 million, up from the $104 million in net income for the same quarter in 2021.

Murphy USA stations are typically near Walmarts, while Murphy Express stores are stand-alone gas stations and c-stores. Murphy USA stations tend to be smaller, kiosk-format stores, while Murphy Express stations are larger, traditional convenience-store formats. It operates in 27 states.

For benchmarking purposes, store counts are as of Jan. 1, 2023.