Murphy USA’s vision is to deliver every day the quickest, most friendly service and the lowest price value proposition to their growing customer base. In the spirit of servicing the market of Durham, NC they broke ground on their Durham location, Martin Luther King Parkway on June 17.
Murphy USA began in 1996 as a retail gasoline venture between Murphy Oil Corporation and Walmart to build Murphy USA stations in the parking lots of their supercenter stores. At that time, Murphy USA was a downstream subsidiary of Murphy Oil Corporation, which was then an integrated oil and gas company. On August 30, 2013, Murphy USA spun-off from Murphy Oil Corporation as a standalone gasoline and convenience retail company and began trading under the ticker symbol MUSA on the New York Stock Exchange on September 3, 2013. The spin-off was designed to enhance Murphy USA’s ability to grow, innovate, build capabilities, and focus on its core business as the leading low-price retailer in its sector.
Headquartered in El Dorado, Murphy USA is now one of the largest independent retailers of gasoline products and convenience store merchandise and has expanded to a network of over 1,250 locations in 23 states across the Southeast, Southwest, and Midwest regions of the United States.
Their stores are 100% company operated and 90% company owned; most are adjacent to Walmart stores. Murphy USA serves approximately 1.6 million customers per day. Murphy USA also currently operates 74 stores in North Carolina with 2 more currently under construction in Havelock and Apex and two more set to begin construction later this year. Andrew Clyde, Murphy USA’s President and CEO, commented, “We are excited to open this site which allows us to bring quality, affordable fuel to our neighbors and surrounding communities. We plan to continue our high standard of customer service and retail operations.”