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MURPHY USA INCMURPHY USA INCMURPHY USA INC

MURPHY USA INC

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MUSA1 trade ideas

MUSA (Long) - Find me a better baseFundamentals And it is not just the base, the fundamentals are also robust. NYSE:MUSA has immense amount of sales and even with the price rise we have seen, the P/S ratio is still staggeringly low at 0.4. The P/E ratio is also low at 13. The reason behind the stellar share price performance is mainly the consistent growth in sales, regardless of market conditions, the stock has outperformed. The reason why the stock is not even higher is two-fold: (i) very low profit margins, capturing only 2.6% of sale as profits and (ii) high debt with debt/equity ratio at 2.22 However, the firm has been defying expectations for a while in constantly beating estimates, hence the share price And with that chart setup, it seems like continuing further Technicals Hard to say anything bad about this setup. I have been watching investors building this base, buying every dip and forming robust fundamentals for the past year. The price clearly broke out of the base a couple days ago with volume and no resistance, ending the day at the highs. This is one of my favourite setups and rarely fails (for demonstration, look at my past trades). I am not going to provide more evidence in terms of indicators and patterns, I have been watching the price action for 6 months , knowing the stock intimately, and this break looks very convincing. Trade The air is not completely clear until I see some continuation going ahead, but that could mean sacrificing returns, hence I went long on the break. However, I have to caveat that if there is a sign of turning around and making this a fake breakout, immediately sell A pullback to the entry point is allowed, but once we start breaking lower or lacking continuation, it is a sell signal The trade is still good to enter here, but one can wait for a pullback to buy in. However, that would mean risking the trade gets away from you. Follow me for more analysis & Feel free to ask any questions you have, I am happy to help If you like my content, Please leave a like, comment or a donation, it motivates me to keep producing ideas, thank you :)
NYSE:MUSALong
by jurajholik
2
Long Breakout in MUSAMurphy USA (MUSA) is breaking out into new highs, triggering a low-risk entry point. Relative strength has been surging all year as shares steadily outperformed the market. After a gap up earning move on July 28, the stock consolidated for three weeks with minimal pullbacks - a sign that buyers are not selling and the stock is moving to the strong hands. Sales are up 62%, 67%, 45% and 52% in each of the last four quarters respectively. Earnings are up even more. This is a market-leading stock and the leading stock in one of the top market groups. Institutions are also buying it. The number of funds that own MUSA stock is up almost 20% in the last year (602 funds as of June). MUSA is now making new highs as the market rallies off its lows. Consider buying here with a tight stop below $279 to risk just 4.4% on the trade.
NYSE:MUSALong
by rossgivens
Is $MUSA ready for another run?Notes: I last mentioned $MUSA on July 7th, 2022 and since then it has run up more than 12% hitting our target. Since hitting our target $MUSA has been in an orderly pull back to the broken resistance of $262.58 and testing that as support. * Ideally, this should now hold above $262.58 in order to stay constructive. A daily close, or two, would signal weakness. Now that earnings are out better than expected we may be able to expect another run up. Everything else remains the same as my previous post. Technicals: Sector: Consumer Cyclical - Specialty Retail Relative Strength vs. Sector: 2.36 Relative Strength vs. SP500: 3.75 U/D Ratio: 1.27 Base Depth: 19.38% Distance from breakout buy point: 1.66% Volume 19.89% above its 15 day avg. Trade Idea: * You can enter now since the earnings are out of the way and it's bouncing off of support with higher than average volume. * It may also consolidate for the remainder of this week so if you want a better entry you can look for one around the $262.58 level * This stock usually has local tops when the price closes around 14.62% above its 50 EMA * Consider selling into strength if the price closes 14.42% to 14.82% (or higher) above its 50 EMA * The last closing price is 7.35% away from its 50 EMA
NYSE:MUSALong
by HaseebKhan_90
$MUSA coming up on the right side of its base!Notes: * Very strong up trend on all time frames * Good earnings in the recent quarters * Pays out dividends and has been increasing them recently * Basing for ~4 months * Held up incredibly well while the general market was taking a beating * Printed a pocket pivot Technicals: Sector: Consumer Cyclical - Specialty Retail Relative Strength vs. Sector: 1.92 Relative Strength vs. SP500: 2.38 U/D Ratio: 1.16 Base Depth: 19.38% Distance from breakout buy point: -5.98% Volume 2.99% above its 15 day avg. Trade Idea: * You can enter now as the price just tested its 50 day line as support and is now pushing higher with volume * If you want a better entry you can look for one around the $241.94 area * This stock usually has local tops when the price closes around 14.62% above its 50 EMA * Consider selling into strength if the price closes 14.42% to 14.82% (or higher) above its 50 EMA * The last closing price is 5.68% away from its 50 EMA
NYSE:MUSALong
by HaseebKhan_90
$MUSA breaking a ~5week base. Can it move higher?* Very strong up trend since inception * Great earnings in the recent quarters * Breaking out of a ~5week base * Pays out increasing dividends * Has lots of accumulation indicated by the U/D Ratio Technicals: Sector: Consumer Cyclical - Specialty Retail RS vs. Sector: 2.7 RS vs. SP500: 6.71 U/D Ratio: 1.66 Distance from breakout buy point: 0.17% Volume 9.58% above its 15 day avg. Trade Idea: * You can enter now as the price is just above the broken resistance * If you're looking for a better entry you can look to buy around the $245.9 area as that should serve as a short term support
NYSE:MUSALong
by HaseebKhan_90
Traditional|MUSA|Long and shortLong and short MUSA Activation of the transaction only when the blue zone is fixed/broken. Working out the support and resistance levels of the consolidation triangle. * Possible closing of the transaction before reaching the take/stop zone. The "forecast" tool is used for more noticeable display of % (for the place of the usual % scale) of the price change, I do not put the date and time of the transaction, only %. The breakdown of the upper blue zone - long. Breakdown of the lower blue zone - short. Working out the stop when the price returns to the level after activation + fixing in the red zone. Blue zones - activation zones. Green zone - take zone. Red zone - stop zone. Orange arrows indicate the direction of the take. Red arrows indicate the direction of the stop.
NYSE:MUSA
by Henry_Ross
2
MUSA: Another inverse head and shoulder to consider.Nice looking inverse head and shoulders. Maybe the 6th try to break up will work. Could use any close below the up channel as a stop. My personal target is around 148. From Zacks.com Murphy USA Inc. is a leading independent retailer of motor fuel and convenience merchandise in the United States. The El Dorado, AR-based company, in its current form, came into existence following the 2013 spin-off of Murphy Oil Corporation’s downstream business into a separate, independent and publicly-traded entity. Murphy USA markets refined products through a chain of retail stations, almost all of which are located near a Walmart supercenter, primarily in the Southeast, Southwest and Midwest United States. As of Dec 31, 2019, the company had 1,489 retail fuel stations – under Murphy USA and Murphy Express brands – encompassing 26 states. Of the total, 1,161 stores are branded Murphy USA, while the remaining 328 are standalone Murphy Express locations. Apart from the retail outlets, Murphy USA operates certain product distribution terminals and ethanol production plants. The company, which caters to approximately 1.6 million customers daily, also owns a dedicated line space on the Colonial Pipeline - the largest refined products system in the country and the biggest gasoline mover. Meanwhile, Murphy USA’s revenue was down 2.3% year over year to $14 billion in 2019, while the company’s income was $154.8 million (or $4.86 per diluted share), down 27.5% year over year. Operating cash flow fell to $313.3 million in 2019 from $398.7 million in 2018. Murphy USA remains committed to returning excess cash to shareholders through continued share buyback programs. As part of this initiative, the fuel retailer repurchased $165.8 million of its common stock through 2019. For the record, over the past five years, management has returned around $950 million to shareholders in the form of stock buybacks. Average retail gasoline prices per gallon during 2019 were $2.33 versus $2.48 in 2018. Total retail gallons grew 3.4% to 4.4 billion gallons for the full year while same-store sales (SSS) volumes edged up 1.2%. In 2020, Murphy USA plans to keep its capital expenditures between $225 million and $275 million versus $215 million incurred last year. Further, the company’s 2020 guidance include 30 new stores and up to 25 raze-and-rebuilds. From Zacks.com: Murphy USA remains committed to returning excess cash to shareholders through continued share buyback programs. As part of this initiative, the fuel retailer repurchased $165.8 million of its common stock through 2019. For the record, over the past five years, management has returned around $950 million to shareholders in the form of stock buybacks. Average retail gasoline prices per gallon during 2019 were $2.33 versus $2.48 in 2018. Total retail gallons grew 3.4% to 4.4 billion gallons for the full year while same-store sales (SSS) volumes edged up 1.2%. In 2020, Murphy USA plans to keep its capital expenditures between $225 million and $275 million versus $215 million incurred last year. Further, the company’s 2020 guidance include 30 new stores and up to 25 raze-and-rebuilds.
NYSE:MUSALong
by goodguy