MUSA - Murphy USA Turns Slow And Steady Growth Into Big Share Price Gains
2024-02-24 03:15:15 ET
Summary
- Murphy USA operates over 1,700 gas bars and convenience stores, primarily located near Walmart Supercenters.
- The company's share price has experienced significant growth over the past 10 years, outperforming its earnings.
- Despite slow earnings growth, analysts expect the share price to continue increasing.
Thesis
It’s now been just over 10 years since Murphy USA Inc. ( MUSA ) was spun off and became publicly traded. While its revenues and earnings have not been exciting, the share price has been for medium and long-term investors....
Murphy USA Turns Slow And Steady Growth Into Big Share Price Gains