GlobeNewswire Inc | Feb 11, 2021 04:30PM EST

February 11, 2021

EL DORADO, Ark., Feb. 11, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Murphy USA Inc. (NYSE: MUSA) today declared a quarterly cash dividend on the Common Stock of Murphy USA Inc. of $0.25 per share, or $1.00 per share on an annualized basis. The dividend is payable on March 4, 2021, to stockholders of record as of February 22, 2021.

About Murphy USAMurphy USA (NYSE: MUSA) is a leading retailer of gasoline and convenience merchandise with more than 1,650 stations located primarily in the Southwest, Southeast, Midwest, and Northeast United States. The company and its team of nearly 15,000 employees serve an estimated 2.0 million customers each day through its network of retail gasoline and convenience stations in 27 states. The majority of Murphy USA's sites are located in close proximity to Walmart stores. The company also markets gasoline and other products at standalone stores under the Murphy Express and QuickChek brands. Murphy USA ranks 262 among Fortune 500 companies.

Forward-Looking StatementsCertain statements in this news release contain or may suggest forward-looking information (as defined in the Private Securities Litigation Reform Act of 1995) that involve risk and uncertainties, including, but not limited to our M&A activity, anticipated store openings, fuel margins, merchandise margins, sales of RINs, trends in the Companys operations, dividends and share repurchases. Such statements are based upon the current beliefs and expectations of the Companys management and are subject to significant risks and uncertainties. Actual future results may differ materially from historical results or current expectations depending upon factors including, but not limited to: the Companys ability to realize projected synergies from the acquisition of QuickChek and successfully expand our food and beverage offerings; the Companys ability to continue to maintain a good business relationship with Walmart; successful execution of the Companys growth strategy, including the Companys ability to realize the anticipated benefits from such growth initiatives, and the timely completion of construction associated with the Companys newly planned stores which may be impacted by the financial health of third parties; the Companys ability to effectively manage the Companys inventory, disruptions in the Companys supply chain and the Companys ability to control costs; the impact of severe weather events, such as hurricanes, floods and earthquakes; the impact of a global health pandemic, such as COVID-19, including the impact on the Companys fuel volumes if the gradual recoveries experienced throughout 2020 stall or reverse as a result of any resurgence in COVID-19 infection rates and government reaction in response thereof; the impact of any systems failures, cybersecurity and/or security breaches, including any security breach that results in theft, transfer or unauthorized disclosure of customer, employee or company information or the Companys compliance with information security and privacy laws and regulations in the event of such an incident; successful execution of the Companys information technology strategy; future tobacco or e-cigarette legislation and any other efforts that make purchasing tobacco products more costly or difficult could hurt the Companys revenues and impact gross margins; changes to the Companys capital allocation, including the timing, declaration, amount and payment of any future dividends or levels of the Companys share repurchases, or management of operating cash; the market price of the Companys stock prevailing from time to time, the nature of other investment opportunities presented to the Company from time to time, the Companys cash flows from operations, and general economic conditions; compliance with debt covenants; availability and cost of credit; and changes in interest rates. Murphy USAs SEC reports, including its most recent annual report on Form 10-K and quarterly reports on Form 10-Q, contain other information on these and other factors that could affect our financial results and cause actual results to differ materially from any forward-looking information we may provide. Murphy USA undertakes no obligation to update or revise any forward-looking statements to reflect subsequent events, new information or future circumstances.Source: Murphy USA Inc. (NYSE: MUSA)

Investor Contact:Christian Pikul Vice President of Investor Relations and FP&AChristian.Pikul@murphyusa.com

Mitchell Freer Investor Relations AnalystMitchell.Freer@murphyusa.com