Risk factors
Murphy USA (MUSA) risk factors
Item 1A of every Murphy USA Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors34 risks1 new2 dropped8 reworded
Walmart property restrictions are broader, including sale rights, competitor limits, and change-of-control purchase options.
Filed Feb 18, 2026 - FY2024 10-K risk factors35 risks
Murphy USA relies heavily on single supplier Core-Mark for 78 percent of merchandise and Walmart for store proximity and Walmart+ program participation.
Filed Feb 20, 2025