PAA Research on X
@TopCornerInvest Thanks. It wasn't based on the quarter. There's more to go here. $MUSA $CASY
NYSE
Murphy USA Inc.
MUSA
4 stories
$9.5B Market cap · 2026-10-09
PAA Research on X
We published an extensive report on our short thesis on $CASY and $MUSA a few weeks ago. In general, people were highly interested in our bearish views on $MUSA, not as much on $CASY. Early days here on our thesis, but so far so good. Comp deceleration across the industry and it's now showing up at $CASY despite the rollout of WINGS!!
PAA Research on X
$ATD (think Circle K) said on its earnings call that its revenues from energy drinks are now twice that of carbonated sodas (albeit at lower margin). $ATD comped 1.7% on SSS of which a big portion was driven by double digit growth in energy drinks. I look at the charts of $CELH and $MNST and wonder how long the c-store players can count on continued growth in this category. It's energy drinks and Zyn... $CASY $MUSA
PAA Research on X
It’s the same picture: time to get SHORT $CASY and $MUSA https://t.co/EFTszhSvv9
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