About R. Clyde
In a 2018 conversation, Andrew Clyde, President and CEO of Murphy USA, discussed the company's history and its work with Stephens. He stated that Murphy USA is a gasoline and convenience retailer with close to 1,350 stores in 25 states. Clyde noted that the company spun off from a former fuel corporation in 2013 and at that time also took non-core assets, including a crude pipeline system.
Clyde said that Murphy USA looked to Stephens to help sell the asset because of their experience with middle market companies. He described Stephens as "very helpful" in sorting through buyers to find those seriously interested. Clyde added that when Murphy USA trusts Stephens with a transaction, they also entrust them with their relationship, and that Stephens does "a great job" representing the company to third parties such as insurance companies, buy-side investors, or transaction partners.
Source: AI-verified profile updated from R. Clyde's recent appearances.
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Transcript (1 segments)
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R. Clyde0:01
Their attention to detail, their relationships, their patience and persistence. That is exactly what Stevens North USA is. A gasoline and convenience retailer with close to 1,350 stores in 25 states. We spun off from a former fuel corporation, a global exploration and production company, in 2013. At the time of the spin, we also took with us some non-core assets, including a crude pipeline at the Camp Pipeline System. We looked to Stevens to help us sell the asset because of their experience with middle market companies. Stevens was very helpful in the transaction, sorting through the buyers to get down to the handful that were seriously interested in the asset. When we trust them to do a transaction, we're also entrusting them with our relationship, and they do a great job representing us to third parties, whether it's insurance companies, buy-side investors, or transaction partners. It really is a pleasure to get to know the Stevens executives and their team.
