Murphy USA: 4Q Earnings Snapshot
EL DORADO, Ark. (AP) _ Murphy USA Inc. (MUSA) on Wednesday reported fourth-quarter earnings of $77.5 million.
On a per-share basis, the El Dorado, Arkansas-based company said it had net income of $2.38.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.30 per share.
The gasoline station operator posted revenue of $3.5 billion in the period, which met Street forecasts.
For the year, the company reported profit of $213.6 million, or $6.48 per share. Revenue was reported as $14.36 billion.
Murphy USA shares have risen 5 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $80.57, a fall of slightly more than 5 percent in the last 12 months.