The ownership structure of Murphy USA has been a frequent subject of inquiry. The fundamental question often posed concerns whether the retail corporation Walmart maintains control over the gasoline and convenience store chain. Understanding this relationship requires examining the corporate history and any divestitures or spin-offs that may have occurred.
Initially, Murphy USA operated as a subsidiary of Murphy Oil Corporation. Subsequently, it was spun off as an independent, publicly traded company. This separation from its parent company led to a change in its relationship with Walmart, where many of its locations are situated. The arrangement between the two companies involves Murphy USA leasing space on Walmart properties to operate its gas stations. This provides convenience for shoppers and increased foot traffic for both businesses.
