News
Murphy USA Defies Analysts With $142M 4Q Profit
EL DORADO – Murphy USA (NYSE:MUSA) defied the analysts and odds makers when they announced this week they have addded $142M in Net Income for the fourth quarter of 2024. That profit comes from revenues of $4.71 Billion and has earned a per-share earnings of $6.96, easily eclipsing the forecasted earnings of $6.43. While outpacing expectations, Murphy USA slipped slightly when compared to the same time one year earlier, where they had a profit of $150M. In a statement released by the company, President and CEO Andrew Clyde said, “strong performance in 2024 demonstrates the resilience, durability and effectiveness of our advantaged business model.” News of the better than estimated earnings sent Murphy USA stock up, trading at one point for $515.95 before settling down and opening today at $513.53. The 52 Week High for the stock came in November of 2024 when shares were trading for $555.48 and the 52 week low was this week last year, as shares were trading at $361.74 each. For the year, Murphy USA posted profits of an amount just north of $502 Million.
• WHERE DID THE MONEY COME FROM?
Accodring to the company, profits were led by fuel sales where they saw 32.5 cents per gallon go to the bottom line in the 4th Quarter. Behind fuel, Nicotine product sales were strong helping to push that net income number even higher. Clyde said, “Strength in our core areas, particularly our fuel and nicotine categories, continued to drive significant value, with retail fuel margins up 50 basis points year-over-year, despite lower volatility and a flatter price profile,” He also added, “Total merchandise margin dollars increased nearly 4% year-over-year, despite challenges in our Northeast market especially for food retailers,”
• WHAT DOES THE FUTURE LOOK LIKE?
In a press release from the company they said they had planned on building NTI (new to the industry) between 30-35 stores in the past year. They built 32. The company also had planned to raze-and-rebuild more than 40 locations, they completed 47. In his statement, Clyde anticipates further growth in 2025 and 2026 “as we focus on long-term growth opportunities,” Clyde said. For this year, they want to build (new to the industry) up to 50 locations while razing and rebuilding as many as 30 locations. “New store additions and investments in raze-and-rebuild sites reflect our expectation of being able to sustain a higher level of growth into 2025 and beyond. Our disciplined capital approach combined with a more robust NTI pipeline will allow us to prioritize NTI construction while managing a similar number of total projects” The company said in the statement.
A full copy of the company’s release can be found by clicking here.
News
El Dorado School District To Offer Free Breakfast, Elementary School Supplies
EL DORADO, Ark. — As families prepare for the start of a new school year, the El Dorado School District is working to ease some of the financial burden by providing free meals and classroom supplies for students.
District officials announced that all El Dorado School District students will receive free breakfast during the upcoming school year. In addition, students in kindergarten through fourth grade will receive free instructional school supplies, helping ensure they have the materials they need on the first day of class.
The district says the initiative is part of its ongoing commitment to supporting families, removing barriers to learning and helping every student begin the school year ready for success.
By providing essential resources such as breakfast and classroom supplies, school leaders hope students can focus on learning rather than worrying about basic needs.
The district encourages families to take advantage of the programs as they make final preparations for the new school year.
“At ESD, Every Student Deserves a great start,” the district said in announcing the back-to-school support initiatives.
News
City of El Dorado Seeks Applicants For Airport Commission
EL DORADO — The City of El Dorado is accepting applications from residents interested in serving on the El Dorado Airport Commission.
City officials are seeking qualified applicants to fill a position on the commission, which helps provide oversight and guidance for the operation and future development of South Arkansas Regional Airport at Goodwin Field.
Those interested in serving are encouraged to submit an application before the 5 p.m. deadline on Thursday, Aug. 20.
Residents who would like more information about the position or the application process can contact City Clerk Heather McVay at 870-881-4877 or by email at [email protected].
The City of El Dorado encourages community members who are interested in contributing to the future of local aviation and economic development to apply.
News
Heat Advisory Continues For South Arkansas Counties
EL DORADO — Dangerous heat will continue across South Arkansas today, with the National Weather Service warning that heat index values could climb as high as 109 to 115 degrees in some locations.
Much of Union County and the surrounding South Arkansas region, including El Dorado, remains under a Heat Advisory, while areas farther south and west across East Texas and northern Louisiana are under an Extreme Heat Warning.
Afternoon high temperatures are expected to reach the upper 90s to lower 100s, but the combination of heat and humidity will make it feel significantly hotter.
The National Weather Service says prolonged exposure to these conditions can quickly lead to heat-related illnesses, especially for older adults, young children, people with chronic health conditions and anyone working or exercising outdoors.
Residents are encouraged to:
- Drink plenty of water throughout the day.
- Limit strenuous outdoor activities during the hottest part of the afternoon.
- Stay in air-conditioned buildings whenever possible, as fans alone may not provide enough cooling during extreme heat.
- Wear lightweight, light-colored clothing if spending time outside.
Officials also remind residents to check on neighbors, relatives and pets during the prolonged stretch of dangerous heat and never leave children or animals unattended in vehicles.
The heat advisory remains in effect through this evening, with forecasters expecting another round of dangerously hot conditions later this week.
News
El Dorado Business Leader Madison Murphy to Receive Statewide Leadership in Free Enterprise Award
LITTLE ROCK, AR – Throughout his career, Madison Murphy has earned a reputation as one of Arkansas’ most respected business leaders, with decades of service spanning corporate leadership, education, philanthropy, and the arts. This fall, that legacy will be recognized on a statewide stage.
The El Dorado native has been named one of two recipients of the Leadership in Free Enterprise Award, presented by Economics Arkansas, a nonprofit, nonpartisan organization dedicated to advancing economic and personal finance education across the state.
Murphy graduated from Hendrix College in Conway in 1980 with a degree in economics and business administration before returning to El Dorado to begin his career with Murphy Oil Corporation as a junior accountant. He quickly advanced through the company’s ranks, serving as a junior auditor and associate auditor before accepting international assignments in London, England, with Murphy Eastern Oil and in New Orleans, Louisiana, with Murphy’s Ocean Drilling and Exploration Company.
Despite opportunities abroad, Murphy chose to return home in 1988, joining Murphy Oil as vice president of planning. Over the years, he held several executive leadership positions, including treasurer, chief financial and administrative officer, and ultimately chairman of the board. He continues to serve as a member of the Murphy Oil Board of Directors.
Beyond Murphy Oil, his leadership has extended across Arkansas’ business and civic landscape. Murphy served for a decade on the Arkansas Highway Commission, spent more than 11 years on the board of BancorpSouth, and also served on the board of Deltic Timber Corporation.
He is a founding member of the Murphy Arts District (MAD), co-owner of Presqu’ile Winery, president of the Murphy Foundation, and has served as chairman of the board of Murphy USA since the company’s 2013 spinoff from Murphy Oil.
Economics Arkansas selected Murphy for the Leadership in Free Enterprise Award in recognition of his commitment to promoting the principles and success of free enterprise throughout Arkansas.
Formerly known as the Arkansas Council on Economic Education, Economics Arkansas equips PreK-12 educators with the training and classroom resources needed to teach economics and personal finance. The organization believes that preparing teachers creates a multiplier effect, allowing generations of Arkansas students to gain practical financial knowledge and a stronger understanding of the marketplace.
Murphy will be honored during the organization’s annual awards ceremony on Nov. 4 at the DoubleTree Hotel in Little Rock. Also receiving recognition that evening will be Walter Hussman Jr., chairman of the Arkansas Democrat-Gazette.
Tickets for the event are $125 and may be purchased online or by calling 501-682-4230.
Featured
Murphy-Pitard Jewelers Joins Downtown El Dorado’s Christmas in July Celebration
EL DORADO, Ark. – Christmas is coming early to historic downtown El Dorado as Murphy-Pitard Jewelers invites the community to celebrate the Christmas in July festivities, taking place Thursday, July 23, through Saturday, July 25.
Following the success of last year’s event, Murphy-Pitard is bringing the celebration back with an even greater focus on festive fun, holiday planning, and the excitement of brand-new jewelry arrivals.
Throughout the three-day event, customers will have the opportunity to get a first look at the store’s newest collections, recently hand-selected at market, while shopping the best selection before the holiday season begins.
“The response to Christmas in July last year was incredible, and we couldn’t wait to bring it back,” said Amanda Pitard, owner of Murphy-Pitard Jewelers. “It’s such a fun way to celebrate with our community, introduce the new pieces we found at market, help customers start their Christmas wish lists early, and remind everyone it’s never too early to start planning for the holidays. Whether you’re beginning your Christmas shopping or simply enjoying the festivities downtown, we hope you’ll stop in and celebrate with us.”
Guests can enjoy holiday treats, festive decorations, Christmas music, and plenty of Christmas cheer while exploring the store’s newest arrivals. Murphy-Pitard Jewelers is proud to join the Downtown Business Association and Main Street El Dorado, celebrating Christmas in July as downtown businesses spread holiday cheer with festive activities and create a fun shopping experience throughout historic downtown El Dorado.
Customers are encouraged to create their Christmas wish list during the event for a chance to win a $500 Murphy-Pitard Jewelers shopping spree through a special Christmas in July Wish & Win giveaway.
For the first time, Murphy-Pitard Jewelers is introducing a special Christmas layaway program during Christmas in July. The three-day offer allows customers to reserve gifts with 0% down, NO interest, and five equal monthly payments, making it easy to plan ahead for the holidays while securing the store’s newest arrivals. (Restrictions apply. See store for complete details.)
Additional highlights include Santa Savings, featuring select merchandise specially marked for the event, as well as a visit from Summer Santa on Saturday.
Murphy-Pitard Jewelers’ Christmas in July will take place during regular business hours:
- Thursday- Friday, July 23- July 24: 10:00 a.m. – 5:30 p.m.
- Saturday, July 25: 10:00 a.m. – 5:00 p.m.
For more information about Murphy-Pitard Jewelers, visit the store in historic downtown El Dorado, call (870) 863-8818, or follow Murphy-Pitard Jewelers on Facebook for event updates and sneak peeks of the newest arrivals.
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