Murphy USA Soars 6.78% on Keybanc Rating, Credit Facilities

Murphy USA's stock price surged to its highest level since February 2025 today, with an intraday gain of 6.78%.

Murphy USA's recent stock price movement has been influenced by several key factors. On April 11, 2025, the company's shares saw a significant increase, driven by a new "Overweight" rating from Keybanc, which initiated coverage of the company. This positive rating likely boosted investor confidence and contributed to the stock's upward trajectory.

Additionally, Murphy USA secured $1.35 billion in credit facilities through a refinancing facility agreement. This financial maneuver is expected to enhance the company's financial stability, further bolstering investor confidence and potentially driving the stock price higher.

These developments collectively highlight Murphy USA's strategic initiatives to strengthen its financial position and attract investor interest, contributing to the recent surge in its stock price.