Murphy USA (MUSA) Surged Along with a Spike in Fuel Prices

1 hour ago 3

Soumya Eswaran

Thu, June 11, 2026 astatine 9:50 AM CDT 3 min read

The London Company released its Q1 2026 capitalist missive for “The London Company Small-Mid Cap Strategy”. In aboriginal 2026, US equities declined, with the Russell 3000 falling 4% and the S&P posting losses. A transcript of the missive is disposable to download here. The twelvemonth started positively with a wide rally, but sentiment reversed successful March owed to the Iran conflict. Crude lipid prices rose, raising ostentation concerns and shifting the Fed's outlook from complaint cuts to hikes. Large-cap maturation suffered double-digit losses amid weakness successful Big Tech and AI concerns successful software, portion tiny caps proved resilient. Sector dispersion was extreme; Energy surged implicit 35%, portion Tech fell implicit 9%. Value, Momentum, and Yield drove returns from a origin perspective. In this environment, the London Company Small-Mid Cap portfolio declined 3.4% (-3.6% net) successful the 4th vs. a 2.0% summation successful the Russell 2500 Index. The comparative underperformance was driven by some assemblage vulnerability and banal selection. Structural underweight to Energy and commodity-linked industries was a important detractor. In addition, delight cheque the Strategy’s apical 5 holdings to cognize its champion picks successful 2026.

In its first-quarter 2026 capitalist letter, The London Company Small-Mid Cap Strategy highlighted Murphy USA Inc. (NYSE:MUSA). Murphy USA Inc. (NYSE:MUSA) is an American retailer centrifugal substance products and convenience merchandise. On June 10, 2026, Murphy USA Inc. (NYSE:MUSA) closed astatine $612.16 per share. One-month instrumentality of Murphy USA Inc. (NYSE:MUSA) was 6.24%, and its shares gained 47.50% implicit the past 52 weeks. Murphy USA Inc. (NYSE:MUSA) has a marketplace capitalization of $11.31 billion.

The London Company Small-Mid Cap Strategy stated the pursuing regarding Murphy USA Inc. (NYSE:MUSA) successful its Q1 2026 capitalist letter:

"Murphy USA Inc. (NYSE:MUSA) – MUSA outperformed successful Q1 alongside the spike successful substance prices. Higher prices enactment apical enactment maturation and currency flow. The institution should besides summation marketplace stock done its mundane low-price strategy successful this environment. We expect excess currency travel generated during this play to beryllium returned to shareholders. The company's low-cost rural/suburban positioning and accordant superior instrumentality programme proceed to make shareholder value."

Murphy USA Inc. (NYSE:MUSA) is not connected our database of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 41 hedge money portfolios held Murphy USA Inc. (NYSE:MUSA) astatine the extremity of the archetypal quarter, up from 39 successful the erstwhile quarter. While we admit the imaginable of Murphy USA Inc. (NYSE:MUSA) arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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