Analysis and Opinion » Retail Petroleum Find Ways to Generate ReturnsDavid Becker - March 11, 2014, 13:34 GMT
Retail petroleum company’s have found ways to generate income beyond just selling gasoline. Murphy USA Inc (NYSE:MUR) operates a chain of retail stations in the United States. Its retail stations offer motor fuel products and convenience merchandise. The stock continues to rebound after declining with the broader markets in January, and softer than expected earnings.
WTI prices have been moving higher and pierced the $103 per barrel level as strong demand for heating fuels has buoyed petroleum prices. Murphy Oil Corp Holding Co (NYSE:MUR) is an exploration and production company. The stock price has moved higher on the heels of higher crude oil prices which have received a boost given