Murphy USA Q3 2025 Earnings Call: Resilient Performance Amidst Fuel Margin Challenges

Murphy USA Inc reported Q3 EBITDA of $285 million, maintaining the same level as the previous year despite lower fuel margins. The company announced a new $2 billion share repurchase program and plans to open over 45 new stores in 2025. Merchandise contribution dollars increased by 11.2% in Q3, driven by strong promotional activity. However, fuel volumes are expected to come in below the low end of the original guidance range for 2025, and the low price environment remains a challenge.