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Company News

Delek US Holdings’ Fourth Quarter: Market Environment ‘Less Than Favorable’

 By Chuck Ulie on Feb. 27, 2024

Refiner, convenience-store operator sees net loss of $164.9 million

Company News

Parkland Highlights Record 2023 Earnings, Board of Director Changes in Year-End Report

 By Hannah Hammond on Feb. 27, 2024

Fuel marketer and convenience-store retailer says Parkland USA EBITDA down for fourth quarter

Company News

CrossAmerica Partners Reports ‘Historic’ Fourth-Quarter Profits

By Diane Adam on Feb. 27, 2024

Fuel distributor, convenience-store operator attributes increase to higher motor fuel and merchandise gross profit

Mergers & Acquisitions

Final 20% of Pilot Travel Centers Cost Berkshire Hathaway $2.6 Billion

By Chuck Ulie on Feb. 26, 2024

Figure disclosed in conglomerate’s annual report brings total price of acquisition to about $13.6 billion

Tobacco

PMI Reports 39.3% of Total Net Revenues From Smoke-Free Products in Fourth Quarter

By Diane Adam on Feb. 08, 2024

IQOS has now surpassed Marlboro in terms of net revenues

Company News

Murphy USA Shares Loyalty Learnings, Digital Update

By Hannah Hammond on Feb. 08, 2024

Convenience-store chain also updates new-store growth plan for 2024

Company News

bp Reports 7% Growth in Strategic Convenience Sites in Fourth Quarter

By Rachel Gignac on Feb. 07, 2024

When including TravelCenters of America data, that number reached 60%

Company News

Murphy USA Reaches Highest Fourth-Quarter Net Income, Adjusted EBITDA in Company History

By Hannah Hammond on Feb. 07, 2024

Convenience-store chain shares earnings, store growth goals in latest report

Company News

Parkland Shareholder Is ‘Very Concerned’ Over Recent Board Departures

By Hannah Hammond on Jan. 23, 2024

C-store, fuel company appoints new board member following criticism

Mergers & Acquisitions

Haslam Family Sells Remaining Interest in Pilot Travel Centers to Berkshire Hathaway

By Greg Lindenberg on Jan. 17, 2024

Warren Buffett now owns 100% of travel center company

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