Murphy USA is an American
corporation
A corporation is an organization—usually a group of people or a company—authorized by the state to act as a single entity (a legal entity recognized by private and public law "born out of statute"; a legal person in legal context) and ...
based in
El Dorado, Arkansas
El Dorado, founded by Matthew Rainey, is a city in, and the county seat of, Union County, on the southern border of Arkansas, United States. According to the 2010 census, the population of the city is 18,884.
El Dorado is headquarters of the Ark ...
operating a
chain
A chain is a serial assembly of connected pieces, called links, typically made of metal, with an overall character similar to that of a rope in that it is flexible and curved in compression but linear, rigid, and load-bearing in tension. A ...
of retail
gas stations
A filling station, also known as a gas station () or petrol station (), is a facility that sells fuel and engine lubricants for motor vehicles. The most common fuels sold in the 2010s were gasoline (or petrol) and diesel fuel.
Gasolin ...
that are primarily located in proximity to
Walmart
Walmart Inc. (; formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores from the United States, headquarte ...
stores. It was founded as a spin-off of
Murphy Oil in 2013.
In 2018, it was ranked 279 on the
Fortune 500
The ''Fortune'' 500 is an annual list compiled and published by ''Fortune'' magazine that ranks 500 of the largest United States corporations by total revenue for their respective fiscal years. The list includes publicly held companies, along w ...
list of the largest United States corporations by revenue. In 2021, Murphy USA had dropped to 322 on the Fortune 500 list.
In the first quarter of 2016, Murphy USA announced a change in its relationship with Walmart, as they began opening their own in-house gas stations and convenience stores. It plans to increase its locations independently of Walmart sites. In 2016, Murphy USA announced that
Core-Mark would be the sole distributor for their chain. It said, "...this partnership will allow Murphy to offer a larger selection of popular convenience store products."
On December 14, 2020, Murphy USA announced that it has reached an agreement to purchase
QuickChek convenience stores, based in
Whitehouse Station, New Jersey
Whitehouse Station, also spelled White House Station, is an unincorporated community and census-designated place (CDP) located within Readington Township, in Hunterdon County, New Jersey. At the 2010 United States Census, the CDP's population was ...
, for $645 million.
Locations
Murphy USA opened its first stores exclusively adjacent to
Walmart
Walmart Inc. (; formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores from the United States, headquarte ...
properties. As of December 15th, 2020, Murphy USA operates 1,500 retail fueling stations in 26 US states and over 1,100 sites are located near
Walmart
Walmart Inc. (; formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores from the United States, headquarte ...
stores. Murphy USA also has 240 ''Murphy Express'' branded stores, which are located independently.
Murphy Express sites are typically large-format facilities (1,200-3,400+ square feet) that offer a larger array of products and more fueling lanes than the original format.
References
Retail companies established in 2013
Economy of the Midwestern United States
Economy of the Southeastern United States
Gas stations in the United States
Convenience stores of the United States
El Dorado, Arkansas
Automotive fuel retailers
Companies based in Arkansas
Companies listed on the New York Stock Exchange
Corporate spin-offs
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