Murphy USA (MUSA) Misses Q4 EPS Views
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Murphy USA Reports Fourth Quarter 2015 Results
February 3, 2016 5:02 PM ESTEl Dorado, Arkansas, February 3, 2016 - Murphy USA Inc. (NYSE: MUSA), a leading marketer of retail motor fuel products and convenience merchandise, today announced financial results for the three and twelve months ended December 31, 2015.Â
Key Highlights:
Net income was $66.7 million or $1.58 per diluted share in Q4-2015, with income from continuing operations of $29.2 million or $0.69 per diluted share Sale of Hereford ethanol plant finalized for $98.2 million,... More
Murphy USA Announces $85 Million Sale Price for CAM Pipeline System
February 3, 2016 5:02 PM ESTEL DORADO, Arkansas, February 3, 2016 - Murphy USA Inc. (NYSE: MUSA) announced the Company has recently entered into an agreement with an undisclosed investment-grade buyer for the sale of the CAM pipeline system for approximately $85 million, less customary closing costs. The CAM pipeline transports crude oil from the Louisiana Offshore Oil Port (LOOP) to three Gulf Coast refineries, including the Meraux refinery, formerly owned by Murphy Oil Corporation (NYSE: MUR). This transaction is expected to close sometime in the first half of 2016, subject to customary closing... More
