What smart money is saying about Murphy USA
2 funds in our archive have pitched Murphy USA — most recently Artisan Partners U.S. Small-Cap Growth Strategy in June 2026.
Murphy USA Inc. specializes in providing retail gasoline and a variety of convenience store items. It manages a network of retail outlets operating under its well-known banners: Murphy USA, Murphy Express, and QuickChek. By December 31, 2021, its extensive footprint included 1,679 retail fuel stations primarily concentrated across the Southeastern, Southwestern, and Midwestern regions of the United States. Established in 1996, the corporation maintains its headquarters in El Dorado, Arkansas.
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Position history
Between Q2 2025 and Q2 2026, 1 fund letter reported a position in Murphy USA — 1 opened or added to the position.
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q2 2026 | 1 | 1 | 0 | 1 |
| Q2 2025 | 0 | 0 | 0 | 1 |
Fund activity · 1 position · 1 move
- New positionArtisan Partners U.S. Small-Cap Growth StrategyJune 2026
“We initiated a GardenSM position following a management change.”
Read the letterMurphy USA
Fund coverage · 2 theses
Murphy USA runs a low-cost convenience and fuel retail network and is entering a favorable profit cycle driven by margins, share gains and store growth.
Read the full thesisMurphy USA’s strategic locations near Walmart, low-cost operations, and capital-light model offer a compelling mix of high customer traffic and superior returns, making it a structurally advantaged player in the convenience store industry.
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