Murphy USA Inc. (NYSE:MUSA) Q1 2022 Earnings Conference Call May 4, 2022 11:00 AM ET

Company Participants

Christian Pikul - Vice President of Investor Relations

Andrew Clyde - President & Chief Executive Officer

Mindy West - Executive Vice President & Chief Financial Officer

Donnie Smith - Vice President & Controller

Conference Call Participants

John Royall - JPMorgan

Bonnie Herzog - Goldman Sachs

Bobby Griffin - Raymond James

Ben Bienvenu - Stevens

Operator

Good morning, my name is Audrey and I will be your conference operator today. At this time, I would like to welcome everyone to the Murphy USA First Quarter 2022 Earnings Conference Call. Today's conference is being recorded. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. [Operator instructions] Thank you. And now I would like to turn the conference over to Christian Pikul, Vice President of Investor Relations. Please go ahead.

Christian Pikul

Hey, thanks, Audrey. Good morning, everyone. Thanks for joining us today. With me, as usual, are Andrew Clyde, President and Chief Executive Officer; Mindy West, Executive Vice President and Chief Financial Officer; and Donnie Smith, Vice President and Controller.

After some opening comments from Andrew, Mindy will give us some brief overview of the financial results and then we'll open up the call to Q&A. Please keep in mind that some of the comments made during this call, including the Q&A portion will be considered forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. As such, no assurances can be given that these events will occur or that the projections will be attained.

A variety of factors exist that may cause actual results to differ. For further discussion of risk factors, please see the latest Murphy USA Forms 10-K, 10-Q, 8-K, and other recent SEC filings. Murphy USA takes no duty to publicly update or revise any forward-looking statements. During today's call, we may also provide certain performance measures that do not conform to Generally Accepted Accounting Principles or GAAP. We have provided schedules to reconcile these non-GAAP measures with the reported results on a GAAP basis as part of our earnings press release, which can be found in the Investors section of our website. With that, I'll turn the call over to Andrew.

Andrew Clyde

Thank you, Christian. Good morning, and welcome to everyone joining us today. This is one of the busiest weeks of the year here at Murphy USA as we report earnings, hold our annual general meeting of shareholders and meet with our board of directors. And looking back over the most recent quarter and last year, we certainly have a lot to be proud of in terms of our results in share price performance, but just as importantly, how we went about achieving those results. And we have just as much to be excited about in terms of our future potential given the enduring advantage of our low cost business model, the loyal engagement of our growing customer base, and the incredible spirit of our store associates in the field and home office staff and support them.