| Murphy USA is a holding company. Through its subsidiaries, Co.'s business consists primarily of the marketing of retail motor fuel products and convenience merchandise through its retail stores. Co.'s retail stores are located in the Southeast, Southwest and Midwest United States. Co.'s business also includes certain product supply and wholesale assets, including product distribution terminals and pipeline positions. Co. purchases fuel from oil companies, independent refiners, and other marketers, and it sells fuel to its customers. In addition to the motor fuel sold at Co.'s stores, its stores carry a selection of snacks, beverages, tobacco products and non-food merchandise. We show 33 historical shares outstanding datapoints in our coverage of MUSA's shares outstanding history.|
Understanding the changing numbers of MUSA shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like MUSA versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching MUSA by allowing them to research MUSA shares outstanding history
as well as any other stock in our coverage universe.