Murphy Oil Futures: How Spinning Off Retail Could Bring Joy to Shareholders

by Mark Friedman  on Monday, Nov. 26, 2012 12:00 am  

Murphy Oil is spinning off its new retail company, Murphy USA Inc., which includes 1,154 gasoline stations, mainly in the parking lots of Wal-Mart Supercenters. (Mike Pirnique)

Murphy Oil is spinning off its subsidiary, Murphy Oil USA Inc. — which includes 1,154 gasoline stations, two ethanol plants and seven product distribution terminals — into its own publicly traded company.

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