Murphy USA Innovates in Face of Possible Spinoff

by Luke Jones  on Monday, Jul. 9, 2012 12:00 am  

Howard O. Gibson, dean of the School of Business and director of entrepreneurship at Arkansas Baptist College, fills up at the Murphy Oil gas station at 4448 E. McCain Blvd. in North Little Rock. (photo by Michael Pirnique)

For a sidebar on the ways Murphy USA has innovated in recent years, click here.

More significantly, Wood said Murphy would be pairing kiosks with retail stores other than Wal-Mart. Of the 1,128 Murphy USA stations, only about 100 don't share a parking lot with Wal-Mart, and of those 100, all but a few are standalone Murphy Express stores.

"Our retail business has reached critical mass," Wood said to investors in May. "It's a premium business."

Gone was the talk of "unlocking the value" of Murphy USA.

Whatever's going on with Murphy USA, the company has been mum. When contacted on the issue, it declined to comment, telling Arkansas Business to rely solely on the comments Wood made in May.

 

 

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