Jefferies Cuts Price Target on Murphy USA (MUSA) to $85; Reiterates Buy
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Murphy USA Reports Third Quarter 2016 Results
November 2, 2016 4:31 PM EDTEl Dorado, Arkansas, November 2, 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 nine months ended September 30, 2016.Â
Key Highlights:
Net income was $45.5 million, or $1.16 per diluted share in Q3 2016Â Total retail gallons grew 1.2% to 1.09 billion gallons for the network in Q3 2016 while volumes on an APSM basis declined... More
