Industry Roundup: The Top 10 Most-Read Stories of February 2021
NATIONAL REPORT Convenience retailers acquisitions, store updates and plans for the rest of the year were among the top headlines last month. In the latest Industry Roundup, we present the top 10 most-read stories for the month of February, based on reader views:
As businesses, and the country as a whole, grapple with the COVID-19 pandemic, Marathon Petroleum Corp. is staying focused on the things it can control. The unprecedented challenges this year created by the COVID pandemic accelerated the need for us to act swiftly and decisively to change how we conduct our business, Michael J. Hennigan, president and CEO, explained during the company s fourth-quarter 2020 earnings call, held Feb. 2.
Murphy USA Inc. Announces Dividend
/EIN News/ EL DORADO, Ark., Feb. 11, 2021 (GLOBE NEWSWIRE) The Board of Directors of Murphy USA Inc. (NYSE: MUSA) today declared a quarterly cash dividend on the Common Stock of Murphy USA Inc. of $0.25 per share, or $1.00 per share on an annualized basis. The dividend is payable on March 4, 2021, to stockholders of record as of February 22, 2021.
About Murphy USA
Murphy USA (NYSE: MUSA) is a leading retailer of gasoline and convenience merchandise with more than 1,650 stations located primarily in the Southwest, Southeast, Midwest, and Northeast United States. The company and its team of nearly 15,000 employees serve an estimated 2.0 million customers each day through its network of retail gasoline and convenience stations in 27 states. The majority of Murphy USA s sites are located in close proximity to Walmart stores. The company also markets gasoline and other products at standalone stores under the Murphy Express and QuickChek brands.
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EL DORADO, Ark. Despite the wild ride that was 2020, Murphy USA Inc. found itself well prepared to button up a major acquisition and weather the challenges the pandemic presented to the convenience channel. At this time last year, we foretold on our annual report that Murphy USA s efforts to build a resilient and agile organization since its 2013 spinoff would propel us through whatever obstacles might be presented, such that we could emerge even stronger on the other side, Murphy USA President and CEO Andrew Clyde said during the company s fourth-quarter and full-year 2020 earnings call, held Feb. 4.
Send Murphy USA Inc., the El Dorado convenience and gasoline chain with 1,650 stores nationwide, reports fourth-quarter 2020 net income of $61 million, up from $47.6 million in the same period of 2019.
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Send Murphy USA, the El Dorado convenience store and gasoline chain, expanded its national reach to 1,650 stores last week with the closing of its purchase of QuickChek Corp. of White House Station, New Jersey.
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